C17257

C17257 Updated 

Amarajabat counter has given a breakout forming three patterns with Volume Cup and Handle, Long term support/ resistance level, Triangle Pattern and offering a good RR of 2.53 The counter has already retraced to the Breakout level after breakout. Entry level: Above - 700 Target: 780.60 StopLoss: 668 NOTE: I am not a professional Trader/ Investment Expert/...

C17257 Updated 

Bata India potencial breakout at 1568.40 after a Cup and handle pattern. SL: Daily close under 1507 Target 1: around 1657 Target 2: around 1736 (matches with the high of the cup + S&R level from Nov/Dec 2022)

C17257 Updated 

Possible buy opportunity coming up in Lauruslabs counter (Breakout not yet confirmed, but looks promising) Cup & Handle pattern formed. Reversal confirmed from long term down trend from a base of 290. I also think that the consolidation flag at the resistance line of C&H pattern, today' volume increased the conviction in the idea. Buy above - 340.25 Stoploss on...

C17257

Biocon counter seem to have registered a reversal from long term down trend and given a close above the resistance line over C&H pattern. The Break out is significant with very high volumes I think, a.) we should wait for few days for the Breakout to sustain for confirmation b.) Wait for possible retesting of the Resistance line. The Biocon look good for the...

C17257 Updated 

Persistent Systems counter has closed a significant raising resistance line. I think, a.) we should wait for few days for the Breakout to sustain for confirmation b.) Wait for possible retesting of the Resistance line. The counter is look good for the following reasons: - Break out from resistance level that is being tested during last 18 months, during which...

C17257 Updated 

MEDPLUS has price action has given a Breakout over a long term resistance line at 781.35 on 26-May-23 and this happend the day after the Financial results for FY. Taking the length of the Wedge (about 200) and the past Resistance/ Support Levels, there is a potencial for Entry Above 781 for a long trade StopLoss: below 720 Target 1: 858 Target 2: 948 Note: I am...