The stock has Boken its all-time high. Trading in an uptrend channel, Bullish.
Stock is trading UpTrend channel. Which it has broken.
24 May to 27 Sep range has been broken. With head n shoulder pattern formed and broken. Recommended to Buy on Dips with 4 clear levels able to see.
Analysis :- 1. 2007 old range break out on the monthly chart. 2. Monthly breakout is really strong. 3. Only things need to see the price action this whole month that it is sustainable or not. And then make Entry. 4. If it's in comes in old range then use buy om dip strategy. 5. Diploy not more than 3% to 5%.
It has broken major resistance and consolidated little. expect minor correction as it is on overbought zone but it will bounce from its support which was its last resistance.
I am bullish on IT sector even right. Till Diwali it will reach its target. Hope Fully. Target is the most big resistance near. View 1 Month to 3 month holding period.
Major Monthly Resistanve BREAKout
As last week Friday opening session there was high volume traded and if the trend break out on Monday than go for buy around 72,335 with stick stop loss @71,835 with the easy target @73,250
The stock has broken a multi-year consolidation. It's pretty Bullish.
Stock Has broken its Multi-year rounding bottom. Stock is pretty Bullish.
Stock trading and has tested the top of the channel. Tested it Weekly 200MA.
Buy On Dips suggested. Stock is trading bullish in UpTrend.
#Reliance looks good on monthly and weekly chart. On Market dip we can accumulate. For the level of 2,350 - 2,370, traders point of view.
1. Important resistance breakout 2. Re-test happened and then again breakout.
On a daily chart triangle pattern breakout happened. For better Risk to reward, buy on dip.
Analysis :- 1. Stock is trading in old range from 2013. 2. Buy on dip on trendline provided or if further brokedown than enter on 200 moving average provided. 3. Stock is trading in range so better book profit immediately on its most recent resistance seen. There is 100 of other stocks to look for opportunity. Never be emotionally invested and stuck in a...
Analysis :- 1. Confirm flag pattern breakout, entry confirm. 2. On every dip accumulate. 3. Flag pattern target is always juicy and favorable. The risk to reward here is very juicy and handsome. 4. Diploy not more than 3% to 5% of your capital.