After 2 months consolidation breakout at top.
Breakout after long consolidation, also with volume & high Lows. Let's c how it works
JUBILANT has resistance around 730. Major trend retracement at 0.618% is 729, which is also 1.272 level from wave 4-5. All these shows there are limited upside, and may turn down for the time being. Wait for down confirmation
Good volume on uptrend on weekly basis. Previous Down since and consolidation on weekly & monthly basis. Prior to Feb also breakout from consolidation. Almost near to Feb high. Keep SL 81
Wait for hold the breakout, if remain up for 2 more days, there could be good upside.
Weekly consolidated & now breaking upside with volume. Last week already high volume candle. KEEP SL below last week or 421. Above 509 there could be great move, keep watching the action at resistance
Long term resistance zone broken with volume, long on any deep. small SL 141
High volume breakout after long period. If closed above 35 on weekly base, good signal for strong upside
Higher high with volume candle. Retracement does not broke high volume candle. Seems strong uptrend, Keep SL 39.6
Reversal from Fibb 61.8% level with volume, Also forming Flag pattern breakout. Keep SL 897
Virtually debt free, Promotors holding reduced and FII & DII holdings increased. Retailers holding decreased as same segment company has governance issue. Technically, stock has strongly bounce from the previous accumulation zone with volume. One can accumulate on any deep till 900.
FDC breakout above Feb & Jan high with volume, closing at day high. There is resistance at 311, crossing above there could be big move. SL 254
Voltas Long @ 540 for Trgt 621 SL 496- It has completed 5th wave, now ABC. Long term it shows that lot of stream left on bull side. High volume in current month show strong view. Any dip below 370 till 300 would be good opportunity for long term. Wait for A-B-C move to for long term.
more than 2 months consolidation breakout with volume. Keep SL of 48.7. Invest on your risk in small cap.
#Dixon Tech Look at 15 min chart. There is buying in last 1 hour of 1.1 Lakhs share. If you refer the delivery for the day it is 1.15 Lakhs shares. Highest delivery in this quarter at all time high. to purchase 1.1 lakhs share amount required is Rs. 52.8 cr. This means all the longs in last hours are made by Institutions. It seems retailers again sold at ATH on...
'A stock nearly always gets support the first time it reacts back to old high levels and the main trend would be considered up as long as it stayed above old resistance levels.' 'Before any stock starts on a big advance or decline, a long period of time is required for preparation, or accumulation or distribution.' .... W D Gann Both the ideas true in...
Buy on deep, 30% @ CMP 228 next 30% on 209 last 40% on 192 Target of 252-282 Keep SL 178, for next 4-6 months Note: Analysis for education purpose only. Please do your analysis before actual transactions. We will not be responsible for any profit / loss on actual transaction