A triangle breakout in DR LAL PATH LAB. Good to enter now for decent returns. Targets are marked on the chart.
The script takes support on the channel line beautifully. Good to enter now for decent profits. A breakout from the channel can be expected soon. Happy trading. Pharma stocks look good!
Friends. This post is to let you know that in the sectoral rotation of this bull market, the Metal stocks are looking good for a rally next. Another sector to be watched is Pharma. Coal India, NMDC, Jindal steel had given clear breakout signals. All metal stocks are at a good price to start accumulating now. NMDC shows triangle breakout.
A beautiful ascending triangle pattern in SBI CARD. The stock is trading near its support level. I suggest you buy at the current price and add more if the price falls. Long rally ahead. Concentrate on Insurance stocks- SBI LIFE, HDFC LIFE, ICICIGI, ICICI PRUDENTIAL...
After falling 50% from its recent high, Wockhardt pharma looks good technically forming a triangle with a breakout. Can enter for decent returns in the short term. Stop-loss can be placed around 430 levels.
Looks like we have a breakout in Trent... Trade with a stop loss below the trendline.
Wait for the breakout. I'm a little bearish. In the case of a bullish breakout, watch for resistance at around 9100 levels (resistance trendline).
Watch for a breakout for a good rally in this script.
Mcdowell_N..... A good long green candle was seen yesterday with large volumes traded. Watch for the next few days. Another green candle will confirm the multi-year breakout (from 2015). The script was consolidating for the past 6 years in a horizontal channel or a triangle pattern. A long rally ahead..... Please like the posts if you are convinced. It will...
A parallel channel breakout is seen in the charts of alkyl amines. Expecting a decent rally from here. The resistance trendline of the channel should act as support.
Nifty should seek support around 17500 to 17550 levels. A fall below 17500 can initiate selling pressure in nifty. Sectors to watch- PHARMA & AUTO...
A channel within a channel. A breakout from the smaller channel (5150 and above) can easily take the share price to 5600 and above.
The chart of Sun pharma shows a trendline breakout. Good to enter for decent returns (Targets marked on chart). Risk-averse traders can wait for a retracement to the trendline. Most pharma stocks look good for a breakout. Happy trading!
A good triangle pattern had formed in the script. Watch for a breakout. Good to enter above 420 rupees.
A breakout through the trendline from this pattern can start a new rally. And that will be good news for metal stocks.
The script had broken out of the channel and is on an upward rally. The previous resistance level is at least 10% move away. A breakout of that resistance should trigger move rally in coal India.
A breakout from a symmetrical triangle pattern and we can see a retest of the resistance trendline. Looking good for a short-term trade for targets 800 and 865.
A good channel breakout and retracement to the resistance trendline. Now the script will continue to rally.