1. Breakout from 2 months base. 2. Retest done. 3. Near trendline breakout. 4. 50 EMA support. 5. Inverse H&S can form near trendline if price holds this level for next 2-3 days. Buy above 737 With S.L. of 707 Targets :- 800/830/850
Features on the chart :- 1. Base formation. 2. Strong closing above round level 100 and above 21 days ema. 3. Flag and pole breakout possible. 4. Double bottom formation. 5. Support from 0.5 fibo levels 6. Good fundamentals with increasing sales and revenue. Buy above 108 Tareget :- 114,129,150 S.L. Breakout day low or 104 Selling 35%,35% and 30% target wise...
Characteristics of chart :- 1. Flag and pole pattern. 2. Volume contraction pattern. 3. Accumulation zone. Additional benefit of support from 20 EMA. Stock is ready for breakout with buy levels triggering above 212 . Stop loss 199 Target 260+ Risk:Reward - 1:3.8
Self explanatory chart. A breakdown with volumes below 73 will make room for more fall till its next support of 63. Should short after retest of breakdown.
Features on chart :- 1. Channel pattern breakout coming. 2. Flag and pole pattern. 3. Volume contraction. 4. Price contraction. A trade above 2000(after breakout) will give a high probability trade with risk reward of more than 1:5. Follow for more such ideas.
Techno-funda analysis. 1. Bullish flag and pole breakout. 2. Increasing volumes on breakout. 3. Quarterly sales increasing. 4. Good order book. 5. Backed by Rakesh Jhunjhunwala (Additional point). Buy at CMP 393 for targets of 450/500 in medium term and 900+ for long term targets.
Buy at CMP 776 or in the range of (765-775) Chart features :- 1. Flag & pole breakout. 2. Fibo support of 0.236 Additional feature of increase in sales since a couple of quarters. Target of 900 in short term with risk reward of 1 : 2.36
A bullish pattern breakout and retest done so it can be bought at CMP for 1:2 trade. CMP 2364 Target 2450 Stop Loss 2320 Daily closing basis.
Buy at CMP 1740$ for target of 1805$ .💥 S.L. 1678$ on closing basis. Double bottom formation at support levels and taking support at 1733 levels too.
Dmart has given a strong breakout from its daily trendline by taking support exactly from its zone. Wait for retesting of trendline and buy around 2840-50 with S.L. of 2750 on closing basis. Targets :- 3000/3200 in short and medium term respectively. Follow for more such trades.
Buy at CMP 56 for a target of 65+ in short term. 1. Flag and pole breakout with volume. 2. Support at 50 levels. 3. Falling wedge breakout candidate.
Maruti has been testing this trendline since a long time and it is near to its breakout area. If we get a breakout with good volumes in coming days, one can buy with a S.L. of 6500 on daily closing basis with target of 7200/7400 in near term if market supports.
Buy after breakout with volume confirmation for a target of 65+ in short term. Felling wedge breakout soon.