#USHAMART - CMP 36.55. TECHNICALLY IT IS A BREAKOUT STOCK. MADE INVERTED HEAD & SHOULDER PATTERN AND BREAKOUT WITH GOOD VOLUME. GOOD SUPPORT NEAR 32-30. PRICE CAN GO FORWARD TILL 45-55-65+>> AND WEAK BELOW 28 CLOSING. IT IS ALWAYS BETTER TO BUY NEAR 34-36 POTENTIAL RETURN IN SHORT OR MEDIUM TERM. 👇🏻
Buy before the closing today if it sustains 34-35 levels. Risk averse can take a call at tomorrow's (02.April.2021) opening if it opens in the green. SL- 31.25 TGT 1 - 40 TGT 2 - 45 Trade duration 4-5 Session.
increasing volume ,rsi @65 daily basis, relative strength shifting to positive zone!1 near to breakout long trendline on monthly basis!!
AFTER GIVING BREAK OUT OF INVERTED HEAD AND SHOULDER PATTERN. THE STOCK IS RETESTING THE BO LEVEL ON WEEKLY CHART. GOOD TIME TO ENTER for the target of 37 and then 42.
Rising with strong volumes, C & H on weekly scale
One can buy this stock on any dip till 32 with sl 28 tgt 45
Trendlines and levels are marked! Candle is extremely bullish with heavy volumes.
As per chart and indicators Clear breakout on weekly...Buy on dips for a target of 30-32-36
USHAMARTIN in up momentum . This is an aggressive trade and the risk is high. But the reward worth the risk. Enter @ 21 Stop loss @ 20 Target @ 24.80