colshridharkulkarni

colshridharkulkarni Updated 

* Cup & Handle * Breakout from contra trendline * Decent volumes * RSI just crossing 50 * Support taken (handle) at 101.40 * Targets 1. 115 2. 130 3. 140 * Stop Loss 99.50 * Monsoon period. High activity and focus. * Good R:R

colshridharkulkarni Updated 

The price has bounced from 148 after retest(from Demand Zone) with volume.It was followed by a consolidation between 162-170. Now it has broken above 170. Caution: There is a supply zone at 173-174. Need to wait and see how this supply zone affects the price movement. If there is a break above 174 with volume a long position can be initiated.

colshridharkulkarni Updated 

Buy above 445 after retest and rebound. It has made higher low and then a higher high. Now it has given a breakout at 445 which was a major resistance. RSI RSi is above 50 and has crossed the RSI MA as well. VOLUME The volumes are high and support the breakout possibility.