Page industries has shown double bottom at earlier all time high. This makes it a good candidate for giving 50% return in next 1-2 yrs
We can see clear double bottom breakout and retest here. This retest is of significant level of earlier support and resistance of 745. Weekly 20 and 50 moving averages are rising and prices are very close to these ma. Good risk to reward is possible. SL is 10% so need to keep qty less. Caution Notes: Try to learn the concept instead of looking for tips. ...
If it closes above 1470 on Friday the breakout will be confirmed. Target 1850 SL 1420 It is now trading at life time high, this may be start of longer-term trend.
After good correction there is strength seen in this counter. Double bottom is confirmed here, this means now there is change in trend and now bias is up. buy on dips will be good strategy
It can't get easier than this... Support at Supertrend.
On weekly there is good support taken by bajaj hindustan. This gives a good low risk entry in this counter. Plan you trade as per super trend retest strategy.
Good triangle seen in silver. Breakout target is close to earlier resistance. Good 30% upside expected.
20 week ma also acting as resistance. Clear sell signal in polycab For people holding this is exit opportunity.
After good long correction this stock is showing strength. 1. Earlier resistance of 390 levels have become support. 2. Good buying volume 3. Retest of bullish super-trend SL being 17% qty needs to be controlled. However considering RR ratio of 5 I would keep it on my watch to buy on dip. Target and SL on chart.
In past we have seen that there is buying support at weekly super trend levels. We need to wait and see if this time also same is the case.
A good 1 month consolidation is now showing sign of breakout. A good flag pattern is seen on the chart. Target and SL on chart
Very good entry point on Nestle india. 1. Uptrend stock 2. Support at weekly 20ma 3. support at weekly super trend 4. good RR ratio
Yes. ! Super trend. If we know how and where to use this indicator, you are sure about getting very good trade. It ensures 1. Low risk 2. High returns and at times real big trend So how to use it? 1. Prefer larger time frame to avoid noise. I use weekly. 2. Once super trend is green wait for pullback towards super-trend. 3. When supertrend acts as...
Many times it is not easy to spot the pattern in candle stick. So comes handy to view charts in line format. Also to have a satellite it is better to also keep track of monthly chart. We can see there is clear triangle breakout in this line chart. One can even consider it as a Pennant at this scale.
Maruti ready to fly to new highs. Earlier lifetime high of 10k has now become support and there is positive momentum. We can see good retest of supertrend also.
Based on ascending triangle pattern breakout target of 32k is possible. We can see very good setups of supertrend playing out here. SL 22K
There is clear higher lows formation seen after about 2 yrs of correction phase. 20ma and 50ma on weekly charts have started showing upward direction. Buy above (600 levels) is good resistance level. Targets and SL are on charts. As I see lot of new followers thought of adding Caution Notes: Try to learn the concept instead of looking for tips. ...
After giving all time high of 335 levels we have retest of the same level. Its taking regular support at 50ma. SL T1 T2 on chart