As per previous chart history and chart pattern, it is observed that a huge bull rally is waiting above the 168.50. You can buy this stock at CMP or wait for a dip as mentioned on the chart. If you do not want to take any risk, then the safe entry to buy this stock is above 169
You your own research before buying this stock because I am not SEBI registered...
ADSL-WEEKLY CHART - Classical Flag Pattern at Strong Support zone with Volume Divergence also. Pullback at very low volume and Seller is getting tired with weak candles waiting for strong Green candle to buy the stock.
Buy zone = 150-160
Stop loss = 139
Target = 210-220
time horizon = 5-10 Weeks
Reason = Flag pattern at strong support zone with weak sellers...
ADSL has formed a cup and handle breakout on a weekly timeframe and is currently retesting the previous resistance zone. It seems like a good time to initiate a trade, as the stoploss would be relatively small, being just below the crucial zone which is now acting like a support.
Although the target is relatively small as per the price pattern, it is best to use a...
chart is very informative, do read it.
add on each dip, for 2-3 months can give very good returns.
manage with proper stoploss.FOR 2-3 MONTHS CAN GIVE VERY GOOD RETURNS.
MANAGE WITH PROPER STOPLOSS.
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The project, located in Uttar Pradesh, India, entails the establishment of a multi-location CCTV surveillance system
A 13 year old breakout on this stock with the hues volume ,quarterly by quarterly stock performance very good, showing movement showing strong RSI. Relative strength also compare to nifty is good
Breakout after the long consolidation.
High volume activity near breakout zone
Wait for re-test before entering the trade
- For educational purposes only
- I am not SEBI registered
NSE:ADSL has taken 6 month demand zone support and consolidated above 115.
We can see long term move above 126 with SL of 110 and can average till 115.
Major targets levels are highlighted in blue lines.
price given breakout above point B and taking support at 50EMA.
targets are possible till point D.
SL at point C.
THE IDEA IS FOR EDUCATIONAL PURPOSE TRADE AT OWN RISK...
Long ADSL, DYOR
Fundamentally strong company
Bought Some before the breakout, will add more after breakout.
Buy 126
Sl 121.55
Take profit 157
Time frame end of jan 2024
ADSL after breakout in weekly chart now in second wave buy/accumulate with a small stop loss of 83 for a target of 134, 167 and 199 hold for higher profit it is a long term buy candidate.
I expect fall in upcoming days as per pattern up move above 110.30 sustain market will be in up side else down side 107.50 bellow sustain market will fall up ta target 105.60-102.10
