looks like its breaking out from the box and a huge resistance crossed keep in your watchlist
biocon picking pace again if its able to sustain above 380 levels more upside can be seen
importance of support and resistance and how chart reading can help you identify the levels to enter and exit can be easily understood from this chart
it seems to have broken out of a tight range now it needs to sustain above 340 levels ....
srf seems to be moving in a parallel channel its holding the trend line(on the downside upside there was a failed attempt) easy to place sl and targets when you are in a parallel channel
this stock has given a trendline breakout with volume its able to sustain above the breakout level this stock hold a good future keep in your watch list....for targets and sl you can dm me
this stock show correction can start reversing from here .. a good stock for long term
pattern breakout with volumes(inverted head and shoulders) ......it has to sustain above 770 levels ...
breakout happened with volume ...235 to 240 is the resistance zone if its able to sustain above the 230 levels it can give further upmove ....am looking for higher targets
nifty is trading in a box let us see which side its going to break in the coming days
approaching resistance if its able to sustain 740 levels good up move expected volumes are also gaining(weekly monthly breakout above 746)
iex is looking good for a long term bet the resistance has been crossed if holds the 170 levels in the retracement it can give a good up move with targets of 300 and 400.
good volumes seen here and weekly structure also very strong if its able to cross the resistance zone it can gain momentum for 800 and greater targets
resistance at 305 to 310 levels a good closing above 308 can take it to 340 and 370 levels and more
A cup handle breakout seen here....target can be the height of the cup which 100 to 150 points from the bo point stop loss can be placed at a closing below 185 again this has to be based on your risk appetite entry level 265 target 400 to 420 and sl 50 to 75 points from the entry level
A prominent closing above 197 (entry above 197)can lead to a weekly breakout from IHS pattern sl can be closing below 185...targets as shown in the chart
chemplast showing signs of upmove with sl at 440 on closing basis looking forward target 1 and 2
a flag and pole pattern is seen here a closing above 905 is good(1 hour candle ) with an sl of 860 on closing basis there is a monthly resistance at 1046 and height of theflag can be a possible target