KIRLPNU 660 TGT 800 SL 600 RR > 2.4 Return >21% TF < 6M Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk...
#SOBHA Finally broken out with yearly high volume. Still good opportunity , position can be build by SL at 580. sector is good. Little pledge issue but good result expected. Valuation is reasonable.
Sobha Ltd is real estate & construction firm with 28 years of expertise in delivering premium quality residential homes and commercial spaces across India. The company owns four manufacturing facilities for interiors, concrete product and metal work. Sobha CMP is 576.20. Negative aspects of the company are high valuation (P.E. = 48.2), declining annual net...
Sobha ltd view for tomorrow... Intraday view Ascending channel breakout expectation for tomorrow....
Buy sobha cmp 710 with tgt 760,780,820. Stoploss below 700 on daily closing basis.
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
1. The price moved up from 747 yo a high of 980. 2. The price then hit the low of 756/759 3. A good upward move with good volume of 13 lakhs compared to previous 5 days Read the chart carefully for trades
Sobha can give a target of 20 points on Tuesday, Look for sell side opportunities below 820 for a target of 800
Falling Wedge Bouncing off Daily 50 MA Buy The Breakout Targets in green
The wolfe wave that has been in formation, seems to have completed the confirmatory false breakout. It seems to be a right time for entry into the long position. markings have been depicted in the chart.