Observing this simple chart, EIL is in ascending channel.
The stock price and RSI has already bottomed out, and is at a strong support zone.
Levels of 75 -74 are in a good demand zone and reversing from those levels, the short term targets could be around 100-110. Closing below 69 should be the stoploss.
One can also take this opportunity for investment purpose,...
This Stock is horizontally range bounded since August 2020. This time there could be a chance of breakout.
Volumes are picking up as well.
RSI showing strength.
Entering just after a breakout would be advisable, as it needs a closing above 73.
Fibo Targets are mentioned in the chart.
After breakout one could enter and keep a stoploss of 69-67.
Plan your trades...
This stock has moved out of the consolidation phase after 8-12 months. And it's all time high is around 1000, hence a good swing opportunity at current levels.
The 3 Green lines indicates the next possible resistances ( as well as the targets ). While the 3 orange lines would act as the support levels for the stock. EMA crossover also visible.
This stock has...
BEL seems in a bullish trend with a breakout from inverted head and shoulders pattern. (as well as a W pattern)
One can buy BEL for a short term target of minimum 180.
And 160 target for a swing trade.
The major strong support is around 121-122, you can use this as a stoploss.
Rest have a look at the chart you'll understand well.
Please consult your financial...