Good spiky volumes and bullish 2hr closing. SL: 324
Clear TL BO. See levels and wait for good enough volume
🚩Clear Flag pattern BO today. Now waiting to clear the recent swing high resistance.
Ascending triangle BO already similar bullish BO patterns can be seen in Mindtree, INFY today. High volume spikes can be seen in lower tfs
See the details above☝🏻 Watch and take action.
The scrip has broken its recent swing low for the first time after COVID and and the same time, it also has broken the 1Yr TL that it has been pampering till now. It's a feast to SHORT now!
Breakouts on line! Also breaking psychological level of 7000. SL is 6800 around.
Simple and clear. SL: 31.15 around.
Already forming higher lows continuously as a bullish sign.
New high made again. SL: 5425. Don't judge by daily volume cuz it did breakout in late hours. See hourly volume.
Ascending wedge formation showing bullish momentum too
Look more into daily TF for wedge breakout. SL level is 1800 around. A confluence of multiple patterns is there.
Spread your holding till first retest level: 1290. SL: 1250 around. Moved too fast to catch!
SL: 880. 2Yr Resistance BO and heavy volumes spikes.
Though I trade and post mainly breakouts but market is not in a condition of producing many breakouts :) So this is from some of the good potential support candidates. Rest is as the title suggests. Quick targets are mentioned.
My Past idea on ADANI POWER was given on 2nd March '20 at Rs. 60. It went up to freaking 54% from that. Now, it is trying to knock the doors of next resistance with a very strong weekly closing. Watch carefully and take action as market is very volatile nowadays.
➰Hanging man followed by full body bullish candle with less upper wick and more lower wick.
Siemens has been respecting this trendline since Nov 2020. Today after touching, it formed a bullish engulfing pattern. This is a clear indication that it has again tried to take support. Also look closely, after checking fibonacci extension levels for the past 5 months, you will see the following pattern. D = 1.618 * AB F = 1.618 * CD and H = 1.618 * EF. Since,...