Long round bottom consolidation and a handle formation + Triangle - Chart levels are more self explanatory. Bullish in the weekly charts can expect a breakout soon
Marked the Supply and Demand zones, Daily time frame shows consolidation with low volume in a falling wedge pattern
ABCAPITAL - Inverse Head & Shoulder in weekly time frame and Descending Channel consolidation breakout in Daily time frame
Looking bullish to breakout from the flag pattern it formed post multi-year darvas box consolidation
Capital Trust is trying to breakout from longtime trendline in the weekly chart. If sustains above 147, 165 will be the next target
MAHSEAMLES - DARVAS BOX consolidation with very well respected fibo levels and bouncing from Golden ratio level of 0.618. Good to enter above 577 for the target of 632+ and SL below 545 on closing basis. Promoter has raised stake last week. Expecting good momentum soon
Marked next resistance levels where I look to book profit
Chart is self explanatory. Disclaimer - I'm not a indices trader. So kindly do your own study before you take a trade. Always trade with a proper risk management
Auto Giant has nicely formed inverse head and should pattern on sustaining above 8000+ level. next target would be 9300/9800/10000
Target 1 shall be around 1255 to 1260 and further breakout of all time high can move a bullish pennant type of breakout
#ASTERDM - Consolidation close to major resistance. Wait for the breakout if you missed the reversal at the support
Chart is self explanatory, This chart has good Risk Reward Ratio (RR Ratio). Entry shall be taken if sustains above previous high on 15min time frame (risk takers) for safe entry above trendline breakout
Breaking out with a strong bullish candle, targets as mentioned in the chart
Has formed a clear round bottom and descending triangle pattern which can act as cup and handle pattern. Today's close was strong with a bullish candle. On breakout we can expect the target of 270 and 310
NSE:GUFICBIO Enter based on trendline breakout for the 1st target of 232+ Refer chart for more reasons for the expected breakout
NSE:CANTABIL Price is consolidating in a narrow range with clear resistance with multiple hit to the same level. Enter on price sustaining above 630 for the target of 646. If momentum is good, book partially and trail with SL Good for a short-term intraday trade.
NSE:NTPC NTPC trying to breakout from long time resistance in the monthly time frame Marked breakout level, Target 1 and 2.
NSE:INDIAGLYCO INDIAGLYCO has beautifully broke out from a symmetrical triangle pattern in the month of June formed a DARVAS BOX consolidation for almost 88days. Volume breakout is higher, indicators are turning bullish, yesterday it has formed a long bullish candle and hits a new 52w High. Breaking out from this consolidation box can give another 20% returns...