Long above blue line, stop loss at white box. For positional to swing time frame.
Information is available in chart. Blue line indicate SL 16900.
Entry Above 460 only, Target marked in blue line Rationale 1. Auto Sector is moving up overall. 2. Tata motor gaining manf plant, increasing production 3. W pattern is in making
I marked all details in the chart. Rationale 1. One of the highest weight in Bank nifty. I expect bank nifty to perform better than Nifty 2. W Pattern is in making. White line marked is a strong resistance breaking up of that would lead to quick move. 3. SL is based on Fibo Points to Note. 1. Keep tight SL of 735 DCB. 2. High risk and reward trade.
Rationale to go long once the box is breakout. Only concern is trading below all imp averages. Holding it for 2-3 years, expecting 1st target to come in 2 months time frame. 1. Previous accumulation zone (see two boxes) 2 RSI positive divergence 3. No selling pressure or volume. 4. Trading in a box -
Details are given in the chart. After trading in a range, share broke down of the range today. Rationale 1) Axis MF news 2) Breakdown of range 3) Volume supported.
At good juncture go long for positional trades. Stop loss below the marked zone.
Break down from the channel, Target is around 1850.
Selected purely based on the volume and structure. Details are available in the chart.
Wait for some retracement before go long. All the drawings appearing in the chart are self explanatory. Nothing wrong in the chart. Buy around 1000 with SL DCB marked above. Rationale for waiting, if cant wait and have FOMO then but at CMP. 1. Volume noted in the first breakouts attempts was 21MM roughly, this time it is 13MM. Breakout with lesser volume.
I mentioned details on the charts above. a) Conservative Trader can wait for some retracement around 437. b) Risk lovers can go long at CMP. SL DCB 430. CMP 462. Target 547. Rationale 1) Volume is very high, chart structure is strong. 2) Consistently have been trading above EMA 21 days since 2021 May weekly basis.So seems a good stock following a market...
Borosil Glass is trading at value buying zone - Long .Good pick for investment for a horizon for 1-2 year. Price has correct from highs of 400 with no follow up volume. Other details are mentioned in chart itself. Must consider stock.
All information is marked in the chart, Target, only point that worries to me is the volume of today's breakout. Compared to last two previous failed breakout. the volume is very less this time. May be all the supply got absorbed during consolidation. I am bullish though.
About to break one year long consolidation - Good time to long, price is trading above 20 EMA and volume is also building. Expecting to break with volume next week in April.
No idea about fundamentals, new listed company, good pattern, good volume. Best thing is good sector i.e. Fertilzers. Can give good returns. Stop loss is marked in the chart
Price Breakout - With volume. Cement sector is breaking out. Price tending high wid high volume and price is making higher highs. No major resistance.
Rounding off patter on weekly chart, one can buy above 950 for 1100 target. Refer the channel or trend line, once price close above the trend line, we can expect good up move.
Chart is self explanatory, volumes are not great let see if it breaks the trend line and starts trading above 400. Entry level - 400+ SLoss- Will decide once it clear 400