Stock has formed rising channel and broken with heavy volumes , stock also showing bull flag breakout after consolidation of few days. Price is above 200 MA, can be taken postional with sl(at 800) . I never belive in predefined target in holding . Bcoz market is supreme.
Price has broken of wadge with volumes. Narrow bear spreads(with poor volumes) while making wadge , strong bulls in wadge (seems like accumulation) notice volumes of bulls in wadge. Price is above 200 MA. Breakout is bigger so put 50% first and once in favor put another 50(the capital u want to deploy) with 213.5(as sl)
Stock has broken channel , i was not active in market since last 3-4 days , i noticed today and found this script still looks interesting.risk is lil bit bigger now as stock has moved after breakout . But volumes are rising so still can be taken and price is above 200MA. Or can wait for retest the level.
I noticed already but missed to give it before breakout.well price seems bullish (well market is in indiscion mode) before budget.so put less capital .price is above 200 MA. Volumes are rising so go long with 5% sl but keep in mind not with much capital.
Price is forming triangle , volumes are coming, price is is above 200MA right now. Price may give intra move tomorrow as price is on verge of breakout. Keep in radar for both intra and postional move.
Note- Right now market is not in fully bull mode. Its showing correction may come any time or it may be retracement so don't put full capital(which u want to deploy ) .
Price has formed channel and triangle and broken above 200 MA, with volumes showing bullish sign.first target i see 500 , there is quality buying whenever bulls appear in traingle.with sl -10% postionally.
Stock may perform same like pel in intraday also .need wide bull spread closing same like pel to go long postionally. Price has broken falling channel , price is above 200MA, bulls volumes are coming,we have not seen quality buying in whole channel, but quality buying is there.
Banknifty is making a wide bull spread like most of the bank chart. It grasped three days selling in a day.seems like highly bullish but it smells like something bigger is coming , market may reverse soon. Banks seems have fuel for 15-20 % upmove before they make reverse so banknifty. Notice banks bob , idfc, canara most of are making same candles with volume. So...
Stock has broken falling channel and curently holding the level.we need wide bull spread closing with volume to take postion with 5%sl. Price is above 200MA. I never consider profit target. I always find weakness to exit from trade untill you don't see weakness hold the postion. Bcoz target is hard to predict (market is supreme) Hare Krishna
Note- everyone is...
I was waiting to break the wadge , yesterday was not clear but today closing is clear with volume rising, price is also making flag pole, price is above 20pMA(bullish sign) price also has broken resistance. I was expecting waves to complete.but demand came early and stock broke the pattern.
Our previous level was 54.80 , when price broke rounding bottom, price rise and retested the level with poor selling. Now bull risen with volume. Price is above 200MA, it can be taken postionally long with 10% sl( there is no swing low near by )
Market is right now in bubble like tesla , stocks are rising and making all time high. But it smells like a correct is gonna come soon. So my advice is book your 80% postion and keep tighten sl for 20% holding.this is what i am seeing right now.