If a stock crosses a monthly resistance after a long time it can test the next resistance.. Most of the stocks are giving BO of 9 months resistance.. and in some cases DMI+ is also positive.. in those cases.. strong upmove may come...
Cup and Handle When BO happen from the neck line.. stock should give a immediate move Longer the duration strong the BO.. this is monthly BO Entry > 4120 SL BO level Target as per Risk ADX positive and RSI in buy zone..
Stock has fallen very sharply and now giving a retracement.. Now it should test the resistance level i.e. 164 then confirm the Break Down or Break Out But it should test 164 before.. Entry now Target 164
If a stock gives BO on Monthly time frame, it should test the next resistance entry now T 1 - 99.9 T 2 - 106
Stock have given BO above 274 and retesting after that Generally if sustains over and above the BO price, it can give sudden spurt.. Entry above 275
on 75 min chart.. good consolidation visible.. it is already in uptrend.. it can give another BO.. lets see how the hypothesis is played... Target 7500/-
After BO of the level of 571, it is retesting the level.. On weekly basis if it Option 1 - crosses > 571 then Enter Target 1 616, Target 2 643 Option 2 - crosses > 578 then Enter Target 1 616, Target 2 643 ADX - Positive Rising RSI - Buying territory 65
On weekly chart It has touched the same high previous week (15/12/23) and crossed the same today (20/12/23) and afterwards selling... Hypothesis If it crosses 5300/- then BO confirmation will happen.. Entry >5300/- Target 6060 SL 4920
Dixon Tech is giving the BO on Weekly chart.. ATH ADX positive DMI+ in right direction RSI also is buying territory In this situation stock can be entered with the previous candle Stop SLT - 5875 Entry 6400 Trail the SLT..
Price is coming for retest after break out.. one should wait for the entry at retest only...let's see our hypothesis is correct or not..
Perfect rounding bottom on quarterly chart.. close above 61 may trigger further buying wait for weekly close so be more strong.. T 68 and 75... SL 57 (as per weekly chart)
Stock in a downtrend but following a trendline so in this situation before starting the lower journey.. stock should retest the trendline and continue the downward journey Entry 6800 SLT 6700 Target 7070
Stock is giving Weekly BO, lets see how it perform If you love trading view, please subscribe from below id, it will help me earn extra coins. in.tradingview.com
Hypthesis Stock is making a rounding bottom pattern Stock is trying the break the multiple resistance Entry >770 Target Next resistance SLT 733
Stock RSI has cooled down on 4 Hour chart.. ADX is already in positive category.. Is it getting ready for the next move.. lets see.
Stock has crossed the monthly resistance and if sustain above this level then can test the next resistance Entry >280 Target 340 SLT 220
Price testing a resistance area again and again... BD and retest has happen.. In such a scenario.. it should fall.. Entry Below 2350 T 2196 SL 2444
weekly 20 EMA 1415 Rolling VWAP 1445 ADX & DI > 25 MACD in buy zone RSI = no trend.. If in such a trend stock crosses RVWAP.. it should go to next resistance level i.e. 1520/-