Shopperstop: Multi-Year breakout showing Bullishness Shopperstop is consolidated in two years and this weekly setup gives a breakout and showing bullish
SHOPERSTOP trade ideas
Shoppers Stop Stock Breaks Out of an Ascending triangle pattern Shoppers Stop Stock Breaks Out of an Ascending triangle pattern over weekly chart✅
The trend outlook highlights a strong uptrend with a bullish continuation ahead. The breakout marks the end of a correction phase and possible trend continuation✅✅
Entry: Above 830📈
SL: 726❌
TGT 1: 995🔥
TGT 2: 1167📈
Note: Use pyramiding stratgey to minimise your risks✅
Resistance breakout - SHOPERSTOPPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
SHOPPER STOP 1000 ?Shopper stop is forming a upside wedge pattern with a good consolidation of second wave we can see a good breakout in upcoming days. Price will must need to go above 888 to form this upside wedge pattern
Thanks
Near breakout of Cup & Handle pattern with strong momentum- Symbol: Shoppers Stop
- Pattern: Near breakout of Cup & Handle pattern
- Volume: High volume accompanying the potential breakout
- RSI: RSI indicating readiness for a breakout
- Momentum: Strong momentum, potential for decent returns
SHOPPERS STOP - Swing Trade Analysis - 9th March #stocksSHOPPERS STOP (1W TF) - Swing Trade Analysis given on 9th March, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - Done ✓
- Demand Zone Retest & Consolidation - Done ✓
#shoppersstop
SHOPERSTOPlooking good above 717 taken multiple time resistance on 716 if break 717 it will boom
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
SHOPERSTOP#SHOPERSTOP has formed a beautiful volatility contraction pattern and broken out of it with a good volume.
SHOPERSTOP - Bullish Momentum with VolumesNSE: SHOPERSTOP is closing with a bullish momemtum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 15% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
SHOPERSTOPSHOPERSTOP in parallel channel since end of 2007. and it has crossed and big long term barrier on monthly basis. closing for Nov 2021 is imp.
Shoperstop at the level of breakout.Add the stock to your watch list. stock is trading at the highest resistance area—a high probability of BO in the zone. The short-term target of 850-875 can be seen. This is for your educational purpose only.
Shoppers stop consolidating near ATHShoppers stop has been in a bull run since 2020 and has given multibagger returns to its investors.
The stock has beautifully consolidated and formed a rounding bottom pattern and is currently near its ATH.
A weekly closing above 820 will push the stock to levels of 850,880+
However, there is always higher risk involved in stocks at ATH so trade accordingly.
This idea is shared for educational purposes only!
SHOPERSTOP: Retest Buy 1. ATH & 52 weeks high
2. Breakout and at retest level, resistance turning into support perfect example
3.Trend is bullish
4. In line with market
5. Risk to reward is 1:6.75+
SHOPPER STOP-READY TO MOVE NON-STOP~It has broken all time high resistance.
~volumes are rising
~RS and RSI is strong.
~Weekly and Monthly chart is bullish.
~It can retest to resistance. So add 1 st tranche only.
Disclaimer-Do your own analysis before investing. This is not my recommendation.
Shoppers stopShoppers stop. Fundamentally & business i don't like this company...but kya kare price action kuch aur kahaniya bol raha hai....big breakout on chart.. very risky trade .CMP: 672 sl:570(wcb) Target: open...as per pattern we can se 1000+ level shortly....risky trade follow stoploss tightly...... Adani baba isko lene wale hai kya
SHOPERSTOP - Ichimoku Bullish Breakout Stock Name - Shoppers Stop Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 689
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Target 3 achieved in Shoppers Stop. Gain of 86%. Target 4 is ON.This is follow-up on Shoppers Stop. Can check link to related ideas.
Target 3 achieved. Gain of more than 86%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
WATCHOUT FOR INVERTED HEAD AND SHOULDER BREAKOUT SHOPPERSTOP HAS FORMED A INVERTED HEAD AND SHOULDER PATTERN IN A DAILY TIMEFRAME.
the stock is yet to give the breakout of supply zone.
entry can be taken after the stock closes above the price of 408 in daily timeframe.
we can expect a 11 - 13% return on the stock.
keep an eye
********** PLEASE FOLLOW RISK MANAGEMENT ***************
Shoppers Stop - Reopening ThemeShoppers Stop - Ready for Major Up-move !!
Entry Price - 410-420 Zone
Target 490-600
Stop Loss at 372
Disclosure - Please do R&D before taking any trade. NSE:SHOPERSTOP
Shoppers Stop - LongLooks like a good break out and 400 on cards
Long above 338
T1 388
T2 451
SL 267
Shoppers StopOne stock from merchandise sector. As textile sector is soaring, this stock has given a breakout of 5 months and now successfully retested the level and started continuation.
Can be added for above two targets mentioned in blue line.
