Mandu010

Mandu010

After May's Fall, continuous formations of higher lows are forming and resisted at 235 nearly 4-5 times. Finally it gave a good breakout with volume expansions. Entry at retest of 235 would give ideal RR.

Mandu010 Updated 

After 2018 Tata Power has given a good breakout and pulled back to it's support and continued it's upside direction. Even after a good Upside move it broke out of the 56-58 zone but this breakout turned out to be failure. After being stuck in a Good 70 Day Range, It has broken out of that range with a good volumes and again pulled back to the support with...

Mandu010

HDFC Amc about to break it's Inverse Head and Shoulder pattern. Please keep in mind that although it is showing signs of BO, It hasn't closed above the neckline. Once the neckline is broken Long position can be take at the close or risk-averse traders can take an entry after a retracement to the neckline.

Mandu010

Dabur's trading in a box range since October. If you observe closely in the box range there are many big Red Engulfing candles and yet the sellers were not able to break the support yet. It should be kept on the watchlist and wait a reversal candle with volumes. Breakout Levels above 533-535

Mandu010

Hindalco after 21st August Started falling and tried breaking out after 1 month on 21 October with Volumes but Failed. After Retesting the Support Level 168-170 it came back and broke the trendline with heavy volumes and is now resting the trend line. Entry 186-187 SL 178 Position Size According to your risk appetite.

Mandu010

Bajaj Finance Breaking out from trendline and 50% retracement with good volumes. 1. Entry can be made at EOD 2. Entry can be made on retracement.

Mandu010 Updated 

Earlier in Downtrend when Bull took control from Bears they bounced more than 50%. Now in the same rally the stock has retraced and showed a confusion by hammering on the 50% levels which we know is strong support area. A long legged Doji, and Hammer is seen, as the Japanese says these candlesticks are testing the waters on those levels. If the bulls have...

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Coromandel Stuck in a 14% Range. It has come back to re-test it's support and 2 possible reversal candles(Morning Star) are seen at support. If an Close above these candles High/Body is seen then a good Upmove can be expected with a good Risk/Reward Ratio.

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Are the Bulls in India Bulls trapped in a Bullish Flag Pole? With no resistance ahead will the Bulls get charged and Move Up? It' has made a great Bullish Flag Pole A Good Time to take an Entry, Even till the tip of the pole is a good 14% Up Move

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After a good 8 day rally, M&M is trading at it's resistance after 5th March. It is currently in the resistance zone and at the top a Bearshing Englufing can be observed. Given it's 2nd or 3rd Attempt and a Positive sentiment in the market there is a probability of it breaking the resistance. If broken and confirmed a good ~16% upside movement can be expected in...

Mandu010 Updated 

A Good breakout can be observed and after trying multiple times MGL has come out of resistance zone with good volume . A Positional trade can be taken with a potential of ~20% Profit. Entry can be taken at support(earlier resistance) @ 986 confirming it's not a false breakout. Exit can be made @ 1234

Mandu010

Almost breakout can be observerd. We can wait for confirmation once trend line is broken and pull back taking support where we can take entry i.e. @ nearly 42.75 Target can be 45.65. On a Daily Time Frame a Bullish Engulfing Pattern at down trend with high volumes from 2 days is also observed. RSI on daily chart is at 49.23 Need to be Cautious as results for...

Mandu010

A flag pattern breakout is observed and also has taken a pullback on support and ready to go above. I'm a novice trader only 3 months since started. Please correct if any other view can be taken.

Mandu010

I'm a novice trader and have observed Cup and Handle pattern formed on a daily chart. Alkyl's already at an all time high, what could we expect next?