Reliance is looking strong along with CNX infra. It can give a strong breakout soon.
Entry - CMP SL - 4300 The stock has broken 2018 top which is a clear sign of strength.
The stock has been consolidating for the last few weeks. Can it bounce back now?
1. Find stocks which trading in a range. Longer the range - the bigger the move. 2. Wait for price to show strength. Don't jump all in at the breakout. Gradually build positions. Take a small position at breakout and a bigger one at pullback continuation.
Keep an eye on the stock and can be added when near lower end of the channel
Everything is mentioned in the chart.
The breakout level is mentioned in the chart.
Everything is mentioned in the chart.
Watch out for key levels marked in the chart. There is a trendline breakout along with an important horizontal resistance zone. A weekly closing above the zone would launch the price up! Intraday - Above TL Swing/Positional - Above horizontal resistance
Sharda motors has given BO after almost 5 years.
Hindustan Unilever bounced from a very old and strong trendline a few weeks back and now has successfully given a string weekly closing above 2400. It is a sign of renewed buying interest in this FMCG major.
Graphite india is looking very strong and can hit ATH in the current commodities cycle
Looking at the current candlestick patterns, we can expect a breakout.
The stock can bounce from this level.
Alkyl amines has a very common pattern that is observed always. After the breakout we always see a big rally.