The stock was moving in a parallel channel for a few weeks, and has broken out of the pattern today supported with high volumes. The levels of 854 and 930 look pretty likely if the stock sustains 800 levels. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment...
The stock has formed the classic Cup and Handle pattern, and is a likely candidate for a breakout soon. The targets and stop loss are mentioned in the chart. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do show your love by pressing the like if...
The stock has broken out of the pattern with very high volumes. Looks likely to cross its 52W high soon for targets of 560 and 595. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do show your love by pressing the like if you liked the idea.
This realty stock has shown a breakout with decent volumes. Considering that realty is the flavor of the season, coupled with trend and technicals suggest that it can be bought for a target of 134 if it crosses and sustains over 118. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to...
The stock formed the classic Cup and Handle pattern and has broken out. Refer the details in the chart and plan your trades. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do show your love by pressing the like if you liked the idea.
The stock has given a breakout of the ascending triangle pattern it was trading in, coupled with decent volumes. One point of caution here is that RSI is about to cross 70, hence watch the movement closely. I believe the trade can be initiated if the stock manages to sustain over 237, for targets of 260 and 286. Stop Loss can be maintained at 223. Please follow...
The stock has broken out of the parallel channel. We can look at targets of 2055 if the trend sustains. Tread cautiously as the RSI is in the overbought territory, hence the trend can reverse. Buy only if the stock sustains the levels of 1900. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel...
The stock was on a downtrend, moving in a parallel channel. It gave a breakout of the channel, suggesting a reversal trend. Trade can be taken if the stock sustains over 2800, which is a resistance zone, for targets of 2900 and 3085. Stop Loss can be maintained at 2740. Please follow us for more trading setups like these. If you have any queries/suggestions...
The stock has crossed its minor resistance level with good volumes. If the follow through happens, and the stock sustains levels of 177, the trade can be initiated with a target of 194 and 215. The stop loss can be maintained at 170 levels. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel...
The stock was in a downtrend with contraction between the upper and bottom resistance lines, forming a wedge pattern. It has broken out of the pattern with substantial volumes. Position can be taken near current price, keeping the stop loss near 216 levels, for a short term target of 232.5. Please follow us for more trading setups like these. If you have any...
The stock is on the cusp of the breakout of its resistance. It tried to breakout but was unsuccessful on Friday, 3rd September. There has been in increase in volumes in the past few days, and the RSI indicator is bullish, suggesting a possibility of breakout soon. Initiate the trade ONLY if the stock is sustaining levels above 2100, for the targets stated in the...
The stock has been in a downtrend since June, moving in a parallel channel. Currently the stock is touching its bottom channel support line, and is simultaneously near the long term support, and is a strong candidate for possible trend reversal. In my opinion, it is a bounce back candidate considering many reasons apart from the ones mentioned above: - RSI is...
The stock made a new 52W high with decent volumes supporting the move. Considering that Realty Sector is the flavor of the season, and the stock is much better valued than many peers, the stock can be bought with a target of 426. Depending on your risk profile you can keep a stop loss of 350 or lower (refer the fibonacci support level from the chart) Make sure...
The stock has broken out of its resistance level of 2875 today, clubbed with decent volumes. If it sustains above 2875, which should now act as support, it can be bought for target levels of 2895 and 3040. Refer the Fibonacci Retracement tool given in the chart for various support levels which can be utilized for identifying your stop loss basis your risk...
The stock has observed a minor breakout of the Symmetrical Triangle Pattern today. While the volumes were higher than usual, it was not that high to suggest a confirmed BreakOut. It might be a false Breakout. It surely looks like a candidate for higher targets, but watch closely, and buy if it looks to be closing above 160 for a given day. Please follow us for...
The stock has broken out of the descending pattern supported with high volumes. We can go long within a buying range of 3350-3435 for a target of 3670. Stop loss can be kept at 3265. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do show your...
TCS has broken out of the ascending channel, supported by high volumes. It can be bought between the price range of 3400 - 3450, for a target of 3650, which it should hopefully achieve before the next earnings are published. Stop loss can be maintained at 3349. Refer the Fibonacci Retracement given in the chart to identify the support levels, if you do not wish...
All the metal stocks have been on a tear this year, and Vedanta is no different. While most of the them are currently at their all time highs, Vedanta is still far from its ATH made in 2010. It is nearing its previous peak of 2018, which will act as a strong resistance zone. Keep a close watch, and if the share closes above 355, we can expect smooth ride to...