Tata Chemicals. Larger green candle with volume break out. Stock above 9 EMA Just waiting to clear the box. But need to watch 338 - 340 levels . Last couple of years seen resistance in that area. SO a breakout above 324.8 for 335 area should be possible. RSI and Stochastic are with rules.
Granules India The two green candles out of last 4 candles have good volume but both have wick on top. Stochastic and RSI are as per rules. Buy can be initiated only after 325 levels for Rs 10 move. A lot depends on bar and volume in the coming days. One good point is support at 9 EMA is being held so breakout can be expected.
Bajaj Electricals. Broke out with volume followed by a bigger volume on second day. Now stock retraced back to 9day EMA with reducing volume and had a green candle on Friday. Since the height of triangle for hit and retraced now the target cab be 520 levels (466 - 378 = 88) 480 + 70 = 550 Pivot at 527 which could be the target for this proposed move.
Vinati Organics. Broke out of box. A buy could be placed around 1040 levels. Due to wick on top and support around that levels on left side. Target 1090 - 1100 levels RSI and Stochastic are as per rules. ATR too is low. Generally the rule is to buy above high of breakout candle. But Wick being on top a small retrace is possible.
Cup and Handle pattern indicated Previous time frames Indicate white Soldiers indicating an uptrend . Awaiting next candle for confirmation Buy above 40.10 as various resistances and supported by pivot Height of cup 25.80 Target 44.40 , 47.75 Rsi 59 Stoch, 40,27
Nothing much to write. The way other stocks are moving its either a $100 or $200 move depending on you taking the cup or triangle breakout. Long above 1570 and will add more once 1588 is taken out. RSI and Stochastic as per rules.
Bullish Flag. But breakout candle is with a long tail. Good Volume. No doubt. Need to cross the 228 - 230 levels with good candle being good portion of candle body to be above 230 and close above 230. Then possible for 50 to 55 Rs move as post is 225 - 160 = 65 Rs. Above 230 i will look for a 280 - 285 as target. This is good company but not for quick profit...
Ascending triangle breakout. for good Rs 40 move. So 10% possible. RSI and stochastic are good numbers. But volume has to increase with breakout. And breaking out candle should close above 373 with small tail and good volume. 375 to 410 - 415 should be good trade.
When we draw fibo for the swing it retraced to .382 levels. So Up move is intact. I need to cross 465 with Body above breakout line and continuing with good volume. Stock has doubled in two months so strict stop loss . One bad view in chart is when candles are compared to candles on left side little scary. But RSI and Stochastic are as per rules. ATR is high but...
Well What to say. Icici seems going nowhere like SBI Below 340 looks like this guy will fall win love again with 290 - 280 levels!! as 395 - 340 = 55
Do not Complicate. Retraced only to 0.382 levels. No question need be asked. I will Buy above yesterday high.
Buy above 195.5 Initial Target Pivot 205.5 A good portion of the body of candle should be above rectangle with a small wick on top. Height of Rectangle is approximately 32 Rs. So we can have a target of Rs 26 from breakout. 195.5 + 25 = 220 approx 218 will be safe to exit. Also 229 is .618 for the fall 308 to 101 Volume need to increase. Rsi 57 Stoch...
Awaiting Triangular breakout Buy open above Horizontal trend line. Good body of candle should be above line. Small tail, if possible. Then it would be bullish. Targets could be 7230 7400 7550 7750. Then probably you can wait for 9000+ Target 7232 (Pivot) All indicators except volume are Positive Once break out happens be patient for a good 6 to 12 months for the...
Broken out. Good Setup. Wave 4 retraced to .382 fibo levels. Also 5 wave in larger wave 3 done. So wave 5 intact and in progress. Need a break out of box first 153. And then close open above 153.168 to 170 possible. But i did not buy as i am waiting for volume to cross the average. so may be tomorrow i may put a buy if volume is above average. Maybe around...
A Small cup break out for a 14 to 16 $ trade above 183 levels. i believe 182.5 to cross as on left side few candles are present in that range.
Awaiting Rectanglar Breakout at 52 Buy ABOVE pivot 53.2 T1 : 58.55 (Height of Rect.) T2: 62 ( pivot) Rsi `63 Stoch 64,55 Initial a rectangle break out setup. If volume and momentum continues Cup target can be recognized. But after earnings
At last a break out. and as mentioned in notes sold at 494 495 region. Position closed. Now to wait for a break out from 497 for next target.
Plotted. Was going as per plan. Then GAPPED. So missed. Better luck next time. or to wait for a breakout formation as long as the Gapped bar is not broken.