Sometimes the patterns aren't apparent. But if you look close enough when there is a big movement, sometime it reveals some nice story. You may ignore this saying there is a resistance coming looking at previous peak. Believe me , sometimes these resistances gets broken like a piece of glass. Look at the two double bottoms one after another in long and short...
Religare Enterprise Ltd. CMP – 230.15 Market Capitalization Rs 7,581.8Cr Red Flags:🟥 Declining cash from operations annual FIIs are decreasing stake Green Flags:🟩 No debt Zero promoter pledge MFs are increasing stake Improving annual net profit Previous Happy Candles Number – 62/100 New Happy Candles Number – 69/100 Fresh Entry/ averaging / compounding after...
NSE: RELIGARE is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on...
CMP: 176 - 10 months long base breakout in September, 25% up since then - 5 points away from its 52-week High
Breakout at 133 Follow stop loss Target 20% 10% easily
Technical indicators are positive and sectorel index and banchmark index out parforme zone enter this stock. 2 hours and day SP break out. Buy and hold position 141, 174, 185, 195
Just a little retracement till 152 levels Once close below 152 levels... than exit your longs....