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)
Head and shoulders or a double bottom. Can go for a buy after 148. For investment, coal India is a good buy at any price.
Double bottom formation with RSI divergence. You can see an increase in volume today. Expect an upward move tomorrow.
Dabur is in a channel pattern for a long time. Wait for it to break the resistance line and close above it. Can go for buy if the hourly or daily candle closes above 585.
RSI DIVERGENCE.. ANALYZE BEFORE TRADING.
INDIAN OIL CORP.. WATCH FOR AN UPWARD MOVE. BROKEN OUT OF RESISTANCE AND TAKEN A RETRACEMENT. SAFE AS LONG AS IT IS STAYING OUTSIDE THE RESISTANCE LINE.
A breakout of resistance line and retracement taken.... Post AGM, can we expect it to fly?
Is it gonna break the resistance level? Tomorrow it might break out.. Watch for Accenture results... If results are not as per expectation it can give a retracement next week.. Too much of a prediction...
Had broken out of descending triangle with good volume. Wait for retracement and can go for a buy. Post covid good scope in this script.
Staying within the triangle. Intraday traders- watch the levels... Positional traders- watch for breakout...