atabrez3

atabrez3

Stock has given a breakout of strong resistance level 2000 on daily chart with a huge volume. Stock has given a retracement of 38.2% and is ready for next targets: 2060, 2100, 2160 & 2350. RSI: 71 Entry: Buy at CMP or at dips around 2000. SL: 1840 Note: Only for educational purpose

atabrez3

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.

atabrez3

IOC has given a breakout on Daily Chart with a Daily Candle close above the rising channel. Volume is high & RSI is 73. TGT1 = 116 & TGT2 = 149, SL = 100 Note: Only for Educational Purpose

atabrez3

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...

atabrez3

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.

atabrez3

Bhel, if gives weekly close above 78, can give more upside till mentioned targets. High Volume, trading above weekly 200 EMA & strong RSI 77. SL=64-65 Only for educational purpose.

atabrez3

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...

atabrez3

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 =...

atabrez3

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. Tgt1: 152 Tgt2: 162 Tgt3: 188 SL: as per your bandwidth Note: This is strictly for educational purpose.

atabrez3 Updated 

HEAD & SHOULDER PATTERN FORMED WITH NECKLINE BREAKDOWN. WEAK IN RSI & EMA50/200 CROSSOVER ON DAILY CHART. IF BREAKS 221 SUPPORT, TARGET: 210. SL: S2 HEAD=234 NOTE: THIS IS STRICTLY FOR EDUATIONAL PURPOSE.