1. Price making Higher High and Higer Low, a good sign of uptrend. 2. The latest candle is a bullish candle. Bears were not able to take the price lower and there was a bounce. 3. We can buy here if the price is within the zone. 4. SL will be around 680.
Asian Paints is a good fundamental company. The price goes into consolidation after every breakout. This can be due to smart money buying the stock at various stages. Now it has given a big breakout with high volumes. We can expect it to rise further after some more consolidation. Buy 25% here and wait for pullback or consolidation. Buy more on the sign of next...
The stock gave a breakout after some consolidation. After making a new high, there was a pullback. The last candle is a dragonfly doji, which is a bullish reversal candle. We should wait for a confirmation candle and then take an entry. The volumes support is also good. Volumes are good when the stock is making higher high and volumes and low while pullback.
Buy above 1540 with a stop loss of 1470. If broader market remains good, the stock can break the 52 wk high.
The price has given a breakout from a downtrend and also from a resistance zone. Now this is a huge breakout in a day. Ideally price should lose momentum reaching to resistance zone and then give a breakout. So here we will let the price test this zone (pullback) and then buy once the uptrend is confirmed.
On a 2 hourly chart, the price has retested a breakout zone. SL 432. R:R should be at least 1:2
Price is making lower High but not lower low. It's at a crucial support zone which have been tested multiple times. The downward momentum is decreasing. If it breaks the support, Short for a target of 1500. If it rallies up giving a breakout from the triangle line, go long for 1830/1900/2000
FSL gave a big breakout today but there was selling in the last 1 hour. The price might pull back to the breakout zone. If you don't want to miss this opportunity, buy 25% here and wait for pullback.
Nifty is moving within 15900 - 15670. Look for a breakout beyond this resistance/support level. I think after breakout Nifty should give big moves. DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
The stock has given a breakout after 2+ years with huge volumes. We can start accumulating it. After the pandemic when school and office will open, paper will be in huge demand.
Overall trend is +ve. Today it gave a breakout. We can buy at price above 1004. Price may build momentum from here.
Short term is bullish, and the price is within a triangle. Wait for the breakout.
Tata power gave a pullback today. It can be a good trade with min RR 1:2. SL 115 First target 130-132
Tata Power is giving a breakout after 9 years. The volumes are good in comparison to previous time when this price was reached. We can buy it here with SL of Rs105. It might have a huge potential to price appreciation.
This is breakout after Feb 2015. Check for tomorrow's price. If it breaks the rectangle support with volume, go long.
there was a breakout on 18th May and the price has pulled back to the support level. We can take a long trade with favorable RR.