Stock has been on uptrend for sometime now. The stock has made a breakout yet again with good volumes. Can do 450+ in few sessions. Request members with some more input on this chart.
After a long consolidation phase of 300-350. the stock has now broken out of the range with a very high volume. Can buy the stock for target of 400. SL 340.
Though stock had earlier broken out of uptrending channel, it could not sustain and fell back below the channel. Now after forming a wedge, the stock is likely to start its downward/corrective trend. Selling shall intensify once 220 is taken out. SL 240 (should hold for atleast 15 mins).
Lower high formation. Sell with SL 332. Tgt 300.
High probability that the stock will slide towards the lower band and may even break it. Just indication direction, not giving any levels for trade.
Breakout from a big consolidation !! Anyone with any positions here ..
Chart has formed a inverse Head & Shoulder formation with a Tgt of 215. SL 160
Head and Shoulder formation on 2hrly and 4hrly charts. Above SL 10020..
Looks like a gud move is coming in this stock. Invite views from others to suggest a target.
Chart looking to breakdown. Sell for a good downside.
After much consolidation, the channel has again broke out on the upside. Can be bought with a tgt of around 230. SL 205
Chart has broken out above 530 after a long time. Once 542-44 zone is taken out, stock should move towards 600 levels. SL 520
After much consolidation, stocks looks likely to make a strong move past 300. Tgt 315-320.
Huge short built up today. There had been divergences earlier also but today's move looks like a near term top is formed and price may head to 180 levels. Sell around 200-202 will SL 207 (SL policy to be maintained in price action is for over 30-60mins).
Broken down from the channel and likely to head towards 180-82. Sell with SL of 196.
Stock has broken the weekly trendline and has shown negative divergences over last few weeks. Sell on any rallies to 382-84 with a SL above 392. Target could be atleast 8-10% downside as Nifty also seem to be on correction mode.
Few formations making me think that a correction has started: 1. Drying up volumes with the rising Index 2. Bearish engulfing pattern formed on daily chart few days back 3. Downward sloping channel broken down today 4. Nifty trading below 50 DMA. Once support zone of 9590-95 is taken out, we could be headed to 9520-25 level as target 1.
The stock failed to break through the traingle with resistance at around 448-450 levels and now looks like a break-down is on the cards. H&S pattern shall get confirmed once 424-25 level is taken out. Keep a watch !!