Breakout-Ideas

Breakout-Ideas Updated 

Bandhan bank gives a bullish signal today due to following reasons. 1. crossed and closed above @ 289.45 which is a resistance for last 2 months 2. on daily basis, closing price touched upper line of bollinger band, which is usually a bullish sign. 3. Supertrend likely to change its trend. 4. keeping a stoploss as a support.

Breakout-Ideas Updated 

In BHEL, Today a huge amount of open interest along with Huge Volumes added as long position. Along with that, Coming to chart patterns, A cup and Handle pattern got completed and broken trendline resistance. Entry @ 57.45 Stop loss @ 51.6 Target @ 64.2 Consider it for only educational purpose

Breakout-Ideas Updated 

REC Ltd broken a resistance of nearly 8 months and close above 107. I am picking this stock for both investment as well as short term trade. Reasons for picking this trade are : 1. Broken a trendline resistance 2. Good amount of OI added. 3. maintaining consistent numbers in Quarterly results. 4. Giving a rich dividend yield consistently. This trade is for...

Breakout-Ideas Updated 

In L&T Finance Holding, Huge amount of Open interest, Volume added and Price gone up by more than 5%. Along with that there are several chart patterns I observed to take it as long position. 1. Cup and Handle Pattern Breakout 2. Trendline Breakout Entry @ 79.00 - 80.3 SL @ 72.4 Target @ 90

Breakout-Ideas Updated 

Today My Last stock to pick is Thermax. So This stock crossed 52 week High price and Closed. This shows stock has bullish sentiment. To add further strength it breaks out trendline resistance also. I think its a far price from both trendline and 52W high, So if I got a chance, I will invest in this stock on either trendline or at 52W high point. Entry @ 2385-...

Breakout-Ideas Updated 

Today Crompton Greaves broke 1 month consolidation range with a Triple Bottom pattern and with a reverse head and shoulder and also resistance. I am expecting a short term profit of 30 points in this trade. I keep my stop loss @ day candle closing below 404.

Breakout-Ideas Updated 

I am picking this stock for BTST. I am trying to hold this stock for 3-4 days at maximum. I will exit this stock, if the closing price breaks down the trendline. I am aiming for 2% - 3% profit for this stock. ENTRY @ 3060 Stop Loss - below trendline. Target - 2% to 3%

Breakout-Ideas

CANFINHOMES showing a Bullish Sign by crossing an important resistance today. It also completed a Cup and handle pattern which is a bullish signal. Bullish Entry above @ 636 Aim for Target till @ 830 or put 5% to 10% Keep a stop loss @570 on closing basis. Please see this idea for educational purpose.