Reason to Enter in this Trade: 1. Took support at long term Up trendline. 2. Breakout from Ascending Triangle. 3. Good Volume today during breakout. Entry : 1480 Stoploss: 1330 First Target: 1620 Second Target: 1760 About Myself: Currently working as Project Manager in private company and trading for more than 2 years. Love to trade in Breakout and Breakdown...
entry with tight SL Volume contraction pattern is making.
DAILY SWING CALL //Thursday 8th of April 2021 / // This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade // CMP / LTP: 920.35 TARGET: 1058 (15% Around) STOP LOSS: 828 (10%...
Stock is consolidating in a narrow range. All chemical stocks have moved, move is pending here. Formed a morning star pattern on lower end of the range. Volumes have picked up. Higher High Higher Low formation visible on larger charts
Seems to be in Range consolidation Since October 2020. 4Months of continuous IB on M TF with constant fight between Bulls and Bears.
Good pattern formation in Head and shoulder wait for a pullback or we can say correction to the price 608-610 and then sell at that price.
This stock has not corrected much with very tight price action. Sales and EPS growth are quite strong.
trade conventional chart pattern
cup n handle break out -keep long
As seen Punjab Chem has formed an inverse head and shoulder pattern on the daily charts. Aggressive traders can enter (closing basis) on the breakout of the neckline with volumes. Conservative traders can enter when price retests the breakout level. Expected Levels: 280, 300, 340 Exit Levels : 165