The second-largest sugar company in India is at a good buy price. The script is forming an ascending triangle (also a flag pattern). Watch for the breakout. Positional traders can buy for a target of 375 (8.5%). Long-term target - 490 (42% in 6 months or so).. With the Indian government's target of increasing the % of ethanol to be blended in petrol, BALRAMPUR...
Triangle pattern... Watch for the breakout. Targets 745 & 785.
NAVIN FLUORINE - A beautiful triangle pattern breakout. A symmetrical triangle had formed between the support and resistance trendlines. A minimum of 2 peaks and 2 troughs are needed for a triangle formation. A bullish breakout occurs when the resistance line is broken upwards by a green candle closing above the line. This is also confirmed by good volumes of...
Had explained in the chart. Safe as long as it is above the line.
307 seems to be a support. RSI shows convergence. Likely to move up. Pure technicals.
Watch for the breakout from the triangle for good higher targets.
Resistance line broken and retracement taken. Targets marked. Can go long........
Fundamentally good script.. Can accumulate for the long term. The resistance line broke and the retracement is being taken. BUY.
LTP 985 TARGET 1085 STOP-LOSS 965 RISK REWARD 1:5 TIME TO TARGET 1 TO 2 WEEKS
After breaking out of one and half years resistance now it had retraced forming a triangle. Likely to break out soon and start its rally. Go for a buy for the short term for a decent 20% profit.
FLAG ON A POLE. The flag has a triangle pattern forming in it. Watch for breakout.
ASCENDING TRIANGLE BREAK OUT AND RETRACEMENT TAKEN.. CAN EXPECT 8.5% AND 15% UPWARD TARGETS.
A beautiful cup and handle pattern has formed. With good Q4 results, the share price is likely to go on a long rally.
Watch for a breakout from the triangle pattern. Both for intraday and positional trades.
Support has been taken at trendline... Ready to breakout of triangle pattern...
Triangle breakout.. given retracement and started moving up. Target 150 (50% upward move)