investment needs no Stop Loss or target
already given long 5 year breakout on September 2020 now moving in uprising channel from past 1 year theme - port sector indicator - all bullish signal
there lots of new position built up
broken 6 month trendline sustained above trendline volume- not a volume breakout but can see consildation of volume macd - bullish with signal line crossing just now fibo level - 0.5 - 173 which is our entry point 0.6 - 183 our first target 0.7 - 198 our second target @ 173 T - 180,198 sl- 173
stock at breakout level
buy - selling from 4 days without any buyer intervention above average sell volume means seller put all their effort sustaining 918 level which was few week back crucial level on 25 march nifty is stepping up with all stock,why to left behind airtel sell - macd cross mid line with selling candle ...
corona- medical rally helps every health related share to surge its price as newly listed share don't have much detail of monthly time frame but on daily weekly has some good up move conviction 5 time rejection that too on short time frame suggest weak bearish pressure that can convert to bullish punch, but although this stock delay in rally but now a second...
parallel channel breakout with increasing volume
only seller zone sustaining base with bear pressure price moving to triangle converging point
one year long consolidation forming cup and handle pattern at breakout level volume- extreme / sureshot breakout
4 time rejection from 2019-2021 double u shape recovery - bullish volume growth - bullish IT/software sector - bullish indicator - stochastic - extreme bullish
stock change its trend from no movement box channel to forming flag-pole pattern along
recovering from lower level with stepping step uptrend pattern sustaining above previous major selling level 174 there will be no such resistance left for the stock also closing more close to 52 week high suggest a more up move indicator - macd sustaining bearish crossover + RSI above 65 suggesting a spike movement is waiting in this stock
SUCH A HUGE RESISTANCE FROM PAST 5 YEAR AND TRULY BREAKOUT WITH VOLUME DOESN'T NEED ANY CONFIRMATION JUST GO WITH THE FLOW
indicator suggest bullish move just need to close and sustain above trend line
falling since head and shoulder pattern and then forming descending channel for 2 round of fall
this is year of medical share left behind share whose 52 week high not breach are ready to fly