Long base formation since 2018 Long above trendline Good volumes coming in Last breakout out of base yielded 600% Will look at positional bet
RK forge coming out of a 9 month long base Good for positional trade
Large base 3months+ VCP characteristics Long tail-shakeout at 50 DEMA good for short to medium term- new trend
New trend emerging Breakout of downward trendline and flat base Good earnings from 2 quarters Long near 570-555 SL 520 Target can be 2X 3X since young trend
CMS info trying to come out of a long base Good for positional
IB post a contraction near trendline resistance Long above 237 SL 226 Target open
Weekly breakout, above 52 week high Resting on breakout levels @ 1480. Wait for bullish candle on daily to go long with SL 1300 Target 2100 Risk reward 1:3
Hindalco has broken out of 128-129 resistance zones with good volumes which is also said to be 38.2% retracement of the stock Next target at 143-145 which is 50% retracement. SL at 125 DCB Risk:reward 1:1.8