Quick Heal Gave Breakout on Weekly chart and trading above 200EMA with good delivery qnty in last week.
Ichimoku indicator also gave breakout above cloud on weekly chart with clear Higher high and higher low.
Next supply zone is comfortably placed at 239 on monthly chart with stoploss place comfortably below 200EMA & ast higher Low @120.
INDIAN ENERGY EXCHANGE ON WEEKLY CHART LOOKS BULLISH AS OF NOW TREND IS BULLISH CMP 154 BUY BETWEEN 150 TO 145 SL 120 TARGET 200,250,300+ RISKREWARD IS FAVOURABLE MAKE YOU TRADE PLAN ACCRODING.
Since last one year quick heal after perfect breakout falls and retest the down level,
so kya is baar history repeat hogi , agar haan to 125 can be seen
aur iss bar historical trend nahi follow karega to 140-146
so analsyse the charts dear traders and comments on my finding.
tab tak ke liye stay tune of mcpriceaction, you tube per bhee isse naam per milega.
QUICKHEAL:- TWO STEP PATTERN
Lower price rejection candles with large wicks formed near the Support Area.
Volume not Supporting the downside price movement,may retesting the breakout of Ascending Triangle.
Levels mentioned on chart.
Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own...
Price exactly after 1 year time breaks the resistance levels with strong bullish candle. If interested buy small quantity shares.
175 levels will act as next resistance levels if this breakout sustains and closes strongly above this levels.
Quick Heal Technologies Ltd. stock had a swift rally, then a shooting star top was created.
Then the stock fell to 61.8% Fibonacci pullback level of the upmove to fill the gap.
Since last 2 days, the stock is creating small inside bar candles, sustaining above 133.50-134, stock can move towards prior swing high of 146.
On downside,mid bollinger 121 is very...
Long Swing Trade Idea #36 : Buy QUICKHEAL only above 127 with Stop-loss at 111 for first target of 146. Idea is for 21st July 2020 onwards and I will update it if it is triggered or in case it is no longer valid.
