Veensh
DR REDDY , 1 Day Analysis , Inside Bar Overall Strong Uptrend Move .
Previous 6 Days Price Stucked In A Range Formed Inside Bar 5 Candle Close In It .
ADX Above 25
+DI Above -DI
Buy Above :- 4080 (Aggressive) , 4128 (Conventional )
Sl :- 3950
Target :- 4310-4390
Trail Your Sl And Try to Ride the Big Rally .
Happy Trading .
HINDALCO , InsideBar , Go Short Below 146.75 Inside Bar Formation ( 4 Candle Close Under One Candle ( Doji form on 16 june )
Price Is In Supply Zone ( Tested Once )
Price Is On Resistance Zone
ADX Above 25
+DI IS Above -DI
Go Short Below 146.75
SL :- 154.6 OR FOR Aggressive ( Previous To The candle which Broke 146.75 High )
Target On Support Of Trendline
It can BREAK Trendline also So Trail Your Sl And Ride The Rally
Future LifeStyle About to Give A Breakout .Contraction After Expansion .
Price Above 13 and 34 days EMA .
Volume Expansion (Strong Indication )
Stock Looks Like In Accumulation Phase .
Breakout Level 164 (Breakout Should Be With High Volume And Bullish Candle )
Target 187 , 208
Book 30% On First Target And Trail Your Sl Above
Book 30% On 2nd Target And Trail Your Sl .
Trident , Pennant Pattern . Pennant Pattern With Inside Bar .
If Price Break 7.15 ( with High Volume and Bullish Candle ) Then Buy With A Sl Of 6.15 And Target Of 8.75-8.95
If Price Break 6.50 Before 7.15 then Hold For Gap Filling And Find Opportunity Near 5.85 - 6.20 Levels . For A Target Of 8.75-8.85 .