Reason for long a) HSP breakout play b) current level entry with 7% SL and Qty need to be optimized as per onces risk. SL Compulsory
I good short trade in NBCC Ltd. here is a symmetrical triangle chart pattern breakout and a important support breakout it will be go down to 15 Ruppee. Important wait for closing in 1 week candle if it's closes below it's support then surely it was an good trade Disclaimer: I am not SEBI registered this is for educational purposes.
Ascending triangle formation. Near resistance. Break out/down possible.
IMPORTANT !!! 1. High volume 2. Triangle break 3. wait while it retest NSE:NBCC
Positional buying can be done with a min. stop loss and huge target ahead.
Completing correction on WEEKLY time Frame...can go long for longterm investments....stock expected to touch 120+....sl 40
Please consult your financial advisor before investing.
The script has been moving in an inconsistent Channel pattern. Currently it is at its lower channel line. There is a strong support zone at the current location. 100 days EMA and 50% fibo support further strengthens the support. Can be brought with once a sign of reversal is formed with decent volumes. DISCLAIMER: The ideas are merely for educational purposes....
price has respected the support line, which has been in place for past 7 months, and a sharp reversal was seen on 29 july 2021. upward movement of stock price can be expected in upcoming days.
POSITIVE RSI OF 67 . ACCORDING TO TIME AND PRICE ACTION IT REACHES UPTO 62 IN 30-50 DAYS
Looking for buying opportunity..if crosses 54 levels ...target 65 SL 50
At trendline support zone. horizontal support zone. once trend changes it may go bullish ore else it is best to ignore
Buy - tomorrow at opening price OR above 55 SL - 51.90 First Trg - 56 Second Trg - 58-59 Reason : it take support from 1h 200 EMA and continue to go up so you buy tomorrow with half capital and buy another when it come to lower trendline and take support OR breakout of higher trandline at above 55 I hope you learn from it.
WEEKELY TRENDLINE BREKING AND 200EMA BREAK WITH VOLUME and taken support of 200 ema
My trading view only. I’m not advice to buy. Just follow and learn