Once it crosses above the neckline and closes above on weekly candle, the target becomes 3390. stop loss should be put below the neckline ( according to individuals risk appetite)
SUN PHARMA HAS BROKEN THROUGH ITS MULTI YEAR DOWNTREND AND NOW ITS AT FIRST RESISTANCE LEVEL OF 680 AFTER FORMING A ROUNDING BOTTOM . IF IT CLOSES ABOVE IT ON WEEKLY BASIS THEN A TRADE CAN BE TAKEN. ( A PERSON CAN BE DOUBLE SURE OF THE BREAK OUT IF MONTHLY CLOSING IS ALSO ABOVE THIS LEVEL). TARGET :1000 CMP : 680 STRICT SL :610
BUY FOR A TARGET OF 2685, IF IT CLOSES ABOVE LEVEL OF 2150 (CURRENT LEVEL) ON WEEKLY BASIS. STOPLOSS IS CLOSING INSIDE THE TRIANGLE.
CURRENT PRICE 640 BUY FOR A TARGET OF 800 ( 25%) STOPLOSS 595 ( 7%) GAIN OF 25% LOSS OF 7%
It is trading in a range and therefore breakout on the either side will mean a move of approx. 10% target on the upside : approx. 185 target on the downside : approx. 135
JUST BROKE OUT OF A RANGE AND TESTED IT. CMP : 300 TARGETS ARE : 350 AND THEN 390 STOP LOSS : 290
BUY CIPLA ONCE IT BREAKS OUT OF THE TRIANGLE. THE TARGET: 58 POINTS ABOVE THE BREAKOUT PRICE STRICT STOPLOSS : COMES AGAIN IN THE TRIANGLE ZONE. TRY THE ABOVE TRADE TILL THERE IS A BREAK DOWN FROM THE TRIANGLE (IF IT HAPPENS)
BUY AXIS BANK IF IT BREAKS AND CLOSES ABOVE 757 ON WEEKLY CHARTS. TARGET: 807 SOPLOSS: BELOW 757 CLOSING ON WEEKLY CHARTS
NIFTY HAS MAINTAINED ITS TRENDLINE SUPPORT POST GLOBAL FINANCIAL CRISIS. AN AMAZING OPPORTUNITY COMING TO BUY FOR LONG TERM. SECOND TRENDLINE WHICH WAS CREATED DURING START OF MODI ERA. THIRD ITS SUPPORT LINE NEAR 10,000 ALL OF WHICH STATES THE BUYING ZONE. TAKE OUT YOUR MONEY START PLANING YOUR PORTFOLIO FOR LONG TERM GROWTH STORY OF INDIA
If the level of 321.5 is broken and the price closes below it on weekly charts then the target of the H&S is 231.
There is a Head and shoulder on weekly charts on Maruti. Left shoulder is an ok ok shoulder but it is one. If it breaks below 6500 on weekly basis and closes below then the possible target become 5500.
After making a Double bottom (W) on the charts, it had broken out. but it came back to retest the breakout level. after sustaining it today there is a possible breakout for a target of 820.
After Breaking the 9 year long range, it has been following the trend and has always made its trend line the support. If it again takes the trend line support: enter for those who are looking to enter the stock. If it breaks the trend line support : Exit for those already in the stock.