CHOLA - Parallel Channel & Retest
The stock analysed on following parameter :
- Parallel Channel Breakout.
- Area of Confluence : the price retest breakout level and now resistance level acting as support.
- Fib Level : price retrenched to 50% and uptrend signal visible.
- EMA : price above all key moving average.
- Candle Analysis : Doji follow up with Bullish Candle from retest level.
The short term resistance level will be Rs 800 and stop loss can be placed below support level.
Thanks
-AJ
- Parallel Channel Breakout.
- Area of Confluence : the price retest breakout level and now resistance level acting as support.
- Fib Level : price retrenched to 50% and uptrend signal visible.
- EMA : price above all key moving average.
- Candle Analysis : Doji follow up with Bullish Candle from retest level.
The short term resistance level will be Rs 800 and stop loss can be placed below support level.
Thanks
-AJ
Nota
Strong support at ema 200.Nota
perfect set up, the gap created during breakout - filled. strong support at 200ema and price closed above trendline & ema 20 | 50.
Nota
price broken the yearly resistance at Rs 800 with Breakaway Gap.support will be at Rs 796 (trailing stop loss).
Nota
Flag BreakoutNota
impeccable return of 25% in 2.5 months.trail the stop loss.
Dagangan ditutup: sasaran tercapai
Target of Rs 980 achieved.Re- entry level will be above Rs 1000.
Nota
Re-enter with stop loss below Rs 1000.Dagangan aktif
Three white soldier !!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.