Shopper Stop Ltd. is engaged in the business of retailing a variety of household and consumer products through departmental stores and it provides retail range of branded and own label apparel, footwear, perfumes, cosmetics, jewellery, leather products and accessories, home products, books, music and toys, operates in the cities of Mumbai, Delhi, Kolkata, Chennai,...
stock is at resistance..........time to book profits....part if not full!
SHOPPERSTOP Multi year breakout with good volume - Breakout on weekly and monthly chart - Good volume
SHOPERSTOP NSE is bullish if 570 holds. NEW 52WEEK High. Fresh Breakout. Positive Trend. Disclaimer: Educational Purpose Only. Not Buy Sell Reco . Not Sebi Registered.
Symmetrical breakout. Target is on the chart. This is not a financial Advice.
All the reasons for the trade are explained in the image. Happy trading
The script has broke out from the resistance, retraced and showing continuation from resistance turned support. It has formed a VCP pattern as well. Tight candlesticks before breakout indicating supply absorption. Looks good for a swing trade. Only for educational purpose.
It a weekly chart of shoperstop u can see on chart volume it's look like some one accumulated this stock 225 to 280 buy range side with weekly SL CLBS @214. 1st time sharing my view here if smoe point miss ya wrong then plz comments. Welcome ur view me not expert me ur little brother.
it's weekly chart of shoperstop and u can see on weekly chart volume just like some is going to accumulated this stock 230 to 280 buy range with SL 215 on weekly Clbs....
LOOKING GOOD FOR BUY SIDE, AFTER A LONG CONSOLIDATION IN AN ASCENDING TRIANGLE, PROBABLY IT WILL GIVE GOOD MOVEMENT AFTER BREAKOUT. YOU CAN USE YOUR BREAKOUT STRATEGY FOR THE BELOW TARGETS. BULLISH ABOVE: 225 T1: 265 (18% GAIN) T2: 320 (42% GAIN)
shoppers stop @ 247 looking very convincing dips buy till 220 230 sl 190 tgt 300 400
Breakout-Resistance on Weekly Charts and Might move up to 270
This analysis is done purely on basis of price action and chart patterns Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target. Stock is at good consolidation phase and it can be accumulated between the given range. Entry Strategy as well as SL is given in the image itself. Target levels are also mentioned in the...
the stock is making a strong base, a close above 230 will push the price above 320.
Formed Ascending triangle pattern and volume is increasing. Can look for short term.