Stock is forming pole and flag price action pattern near ATH or you can also see it as consolidation before making a big move crossing all previous resistances.
Stock can move upto 1045 as per Pole and Flag targets.
Other targets can also be derived from Extension based FIBO.
DISC: For educational purposes only. Please consult your financial advisor before...
Stock has made inverted Head and Shoulder pattern on a broader time range and a pole and flag pattern on smaller range after a recent run in Nifty 50.
Stock can move towards its ATH in near time range and can further move to higher levels.
Fundamental remains stronger compared to other stocks in the sector.
View remains bullish for upcoming months.
SRF Ltd. has shown a clear Support by reversing from Weekly TF zone.
After this breakout it has consolidated for 3 weeks and gave a clear breakout backed by volume.
It may move upto now from current levels to TL rejection level or may move to ATH.
SL can be placed below consolidation zone on closing basis.
DISC: Please consult your financial advisor before...
A cup & handle Breakout in conjunction with Triangle Pattern Breakout
Retest is pending for the triangle pattern breakout.
Hindalco is moving based on the support line support for long.
Waiting for a retest to enter with SL below
closing of the support TL
One can enter now as well with 50 % qty just not to miss the trend for targets of 510/550/630.
Good Consolidation on Monthly TF
A good breakout backed by:
2. Retracement & Continuation
SL: 116 (Closing basis)
Target: ATH or Round Number 200
Details are mentioned on chart.
DISC: This is not a tip to buy or sell any stock. I am not a sebi registered Analyst so please do your research before making any decisions.
MTAR technology has given a good Consolidation breakout of a rectangular pattern and is heading towards completing its round bottom till the levels of 2500.
Today also it has given a good Inside bar breakout.
DISC: For educational purposes only.
Shreepushk Has given a good consolidation breakout with volumes
It has confirmed its intend to go up by making a Bullish Engulfing candle at retest zone.
It may move up to 320 levels to complete its round bottom structure.
DISC: Not a buy or sell advice. Please consult your financial advisor before investing.
Stock is making HH and HL.
Made a inverted H&S Pattern as well and now trying to form a round bottom.
Can trigger to higher levels now.
DISC: for educational purposes only. Please consult you financial advisor before making any decision.
Inverted H&S Breakout
Half Qty can be added at current level
rest half can be added on retracement with \
SL below closing of right shoulder for
Target of 704/800 levels
RR is: 1:1.6
DISC: Consult your financial advisor before making any investments. This is only for learning purposes.
Multiple IB breakout
Can be added on retest of Previous ATH Level or can be in parts now
SL: Below Previous Swing low
DISC: For educational purposes only. Please consult your financial advisor before any trade.
The script has shown a Cup and handle Breakout with good volumes.
Keeping in the mind that all the private sector banks have almost reached to their ATH this script is lagging behind a little bit which gives a good scope of gains.
Best Entry: 1180-1200 Levels
Sl: below TL on Daily Closing basis
Target: as per yellow line levels
DISC: I am not a SEBI registered...
Following points are observed:
1. IH&S on larger TF
2. BO on DTF
Can be bought on some retracement around 1200-1220
with SL below Right shoulder - 1140 closing basis.
DISC: Please consult your financial advisor before investing.
Points to notice in the stock:
1. Made an inverted H&S pattern on DTF.
2. Broke the Neck line of H&S
3. Currently testing the demand near to demand zone.
4. if the price breaks the nearest supply of 442 then it may head for a next supply area near about 495-505
DISC: This is not a buy or sell recommendation. Only for educational purposes.
Colpal is making Inverted H&S pattern on 15 min and 1 hour time frame. Last resistance Breakout worked as support next time.
Perfect entry is yet to be triggered at 1572 for easy 1:2 Targets of 1600/1620
DISC: Please consult your advisor before making any bet. This is for educational purposes only.