Cantabil retails can catch momentum very soonAs per dow theory making higher high n higher low and as per Elliot 1-2, 1-2 is visible in daily.
CANTABIL trade ideas
Cantabil retail can make u become elegantly dressed upDow theory is doing great in weekly in cantabil retail, 214 is the right level to buy cantabil retail and can give a target of double top,
214 is the entry point as per Elliot, if any one knows Elliot can understand why I am saying entry point of 214.
Apply Elliot in daily and u will get the entry point at 214
Cannabis.. Long range breakout about to happen..Chart is self explanatory..
Cannabis.. Long range breakout about to happen.. volumes are increasing good.. keep on radar..
CANTABIL - Bullish Setup Stock name - Cantabil Retails India Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - C
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Cantabil Stop loss in red target in 32, 55% from here canterville is having stores across the metros in India
Triangle pattern on CANTABILCANTABIL formed a triangle pattern on weekly chart. Price broke out of its long term resistance today with high volume. Multiple support and resistance were tested prior to breakout. Also note the consolidation just before breakout on daily. That would act as a good support if price retraces. Also that would be a tipping point where the setup could become invalid. Considering you have the stop loss just below that low, you can target the width of the triangle. This is a high risk trade but offers good reward if it goes your way. Entry can be had just above todays high that would give a risk reward ratio of 1:3.
Hope you like this idea. If so, please boost this idea or leave a comment below on what you think. Otherwise, happy trading :-).
Good time to accumulate Cantabil shareEither we can accumulate now or after the break out is confirmed. Sounds promising though :)
CANTABILRETAIL CHAIN STOCK
buying happening near 200 MA on daily time frame. it retest its support.
Resistance may became support now.
it will be a gud buy if daily candle crosses 243.
sl will be 230
very low risk trade.
Took paper trade as per the simply break and retest setup.Took paper trade as per the simply break and retest setup. took PT; RR 1:2.5.
Please check analyze and comment with your own analysis and opinion on the same.
Take the trade as per your risk apatite.
I'm a stock market learner. Please comment with your thoughts/opinion on this.
VCPVCP characteristics
Note the dry up in volume on the right hand side
Trading above key moving averages
Entry at 1162 with 10% position size
Stop at 1116.5
Publishing for my own reference, not an investment/trading advice.
CANTABILBuy @ 1144
Qty 3
SL 1115
WAITING FOR MORE CONFIRMATION TO ADD MORE 1150 and above is best price
CANTABILTrading near breakout levels
Script shall give a breakout soon, Weekly closing above 365-370 with good volues would confirm
Keep close watch on daily/hourly volume buildup to catch it on time
Cantabil Target 160Cantabil 6 Year Breakout on Chart First Target 90 above that 160++
Retail stocks Zooming after GST
TIME TO EXITNSE:CANTABIL may be destined for a short term downtrend. Lower RSI levels would act as a fuel if more red candles are formed in couple of days.
