Stock on the verge of breakout by breaking the weekly downtrend initiated from 2014.
High Volumes and Favorable RSI.
Targets mentioned on chart along with SL.
Note: This is only for educational purpose.
Lupin forms an Ascending Triangle Pattern on Weekly Chart and has also given a long breakout with high volume.
RSI is 67 which shows the strength is good.
One can buy at CMP and add more at dips nearby 1170.
Height of Triangle = 1100 - 850 = 250, so Target1 = 1100 + 250 = 1350~1360 & Target 2 = 1500.
Maintain SL as most recent swing low in the ascending...
Weekly Ema Crossover between Ema50 & Ema200. Rsi/Volume is good.
A Weekly candle has closed above 57. Further upside movement should confirm the positional entry for mentioned targets of 67 & 80.
Maintain SL = 47.
NOTE: Only for educational purpose.
Apollo Tyres forms Cup & Handle pattern on Weekly chart.
Volume in the downtrend handle looks low.
Also, has given a weekly crossover between EMA50 & EMA200.
If gives handle breakout, one can enter a long position for mentioned short term & long term targets.
Stop Loss is mentioned.
Long term investors can wait for targets of 350-360.
Note: This is only for...
Cadila looks strong for long side.
Has formed Cup & Handle Pattern on Weekly chart and also has given handle breakout. Handle is also in the top half of Cup pattern.
Has also broken the horizontal resistance zone of 510-520.
Volume in the downtrend handle is low & current Volume is high.
For Positional Short term, Tgt = 560.
For Positional Long Term, Tgt =...
Nmdc looks Bullish.
Has given a weekly golden crossover between EMA50 & EMA200.
Also, broken the trendline & horizontal resistance zone of 140 with good volume & RSI=70.
SL: as per your bandwidth
Note: This is strictly for educational purpose.
HEAD & SHOULDER PATTERN FORMED WITH NECKLINE BREAKDOWN.
WEAK IN RSI & EMA50/200 CROSSOVER ON DAILY CHART.
IF BREAKS 221 SUPPORT,
SL: S2 HEAD=234
NOTE: THIS IS STRICTLY FOR EDUATIONAL PURPOSE.