Multi Day Accumulation Proper Trend line Support Perfect VCP Breakout Bullish above 260 Sl 250 1st Tgt 275 2nd Tgt 290
Long term trending channel broken Area of Resistance Broken - 800-820 Wait for pullback to buy (Near 800) Sl below 780 (Closing Basis) Tgt 1150
Plain n Simple Multi week range taken out with High Volumes Wait for retest of Breakout Buy area 178-182 Sl Below 170 Tgts 240
Wait for signal candle near 715-20 or 685-90 Sl below 675 Tgts 780-800
Trend Line Breakout in Daily Carts 1st Impulsive wave formed Right now in corrective phase wait for trend line breakout (hourly) Sl 388 Tgt 104 / 122
Getting ready for a Big Breakout near 700-705 Expect no less than 780 as tgt once sustained Post 780 can reach 840 areas Downside SL 675 n below
Strong Support area 57900 - 58100 Ready ready for 61500 area Risk to Reward : Excellent
RRG charts suggest improving of Oil n gas and PSE sectors As BPCL falls in both, chances of breakout remain very high Break n sustain above 335 will be crucial level to watch Above tat stock as a direct stop at 370 - 400
Wave C unfolding Strength indicator showing Positive nodes Sl can be kept below 143 Tgts of 151/158 expected
Sell Area - 7980 - 8000 Sl - 8030 Tgt - 7650 Pure price action game
If sustains 58000 Will stop definitely at 61500 next Av Buy rate near 58200 - 58300 Sl 58000 Tgt 60000/61500 Risk to Reward - Excellent
Wave 3 emerging Expect a small pullback till 620-25 levels Sl below 600 Tgt upto 715-725 Buy on Dips !!!
Expect a lil resistance at tis point but if crossed, can lead towards 120 - 135 108-110 is a strong reversal zone so be cautious
Stock gettin ready for wave C Buying area near 3980 - 4000 Sl below 3950 ( 30 Min Candle ) Tt 4200 +
Currently in HL formation Break & Sustain above 580 will take the stock to 645/720 levels SL below 560 levels
Bullish Only if it closes and sustains above - 2190 Bearish only if it closes and sustains below 2140 Both are also SL for each other
58000 acted as a strong support before High chances are it will act as a strong resistance this time So sell near area 58000 Sl near area 58150 Target around 56000
As market remains on High volatility side and uncertain, make plans in few stocks but make sure to plan it for all conditions One such example today is Bajaj Finserv Plan A - (Strong Market) Break and Sustain above 12050 will take the stock up to 13k Plan B - (Sideways Market) Unable to sustain resistance of 12k will bring the stock back to 11300 Plan C - (Weak...