Broken out of the sloping trendline. Nothing much to explain here as it is visually self-explanatory. Upside bias for 5 points from 135.50.
To the moon!
CUB has broken out with volumes from its downward sloping trendline on the Daily chart in both price and volume. A gap exists just above Rs.135. Bullish for the next price of Rs.142. BULLISH.
Idea #4
Trailing Win Rate: 66% (for the past 3 ideas published)
Inspite of the rate hike talks by the Fed yesterday, Indian markets have performed exceptionally well today and especially the banking sector. Nifty Bank recovered well and IDFCFIRSTB is on the verge of long-term breakout of 4 years.
Conservatively it is likely to reach 60 but if it reaches 60, it...
Long Balkrishna Industries for 10% from 2061. Stop Loss is real-time and dynamic and will get updated if it comes to the point of doing so. Please keep an eye on the updates to this thread too.
