STAR is ready to fly above 360. last 2 days stocke tried to breakout, but on 15 misn charts, stock was not able to sustain above 360. once it closes above 360, we can see good rally
KPIT Tech breakout 563 level and sustain above it throughout the day SL 560
It worth waiting Adani ports to cross 805 before making any new position.
Maymyindia - buy with SL 1300 as it showing momentum supported by volume
PEL have shown trend breakout on weekly chart with RoC Momentum with SL is 1730. one can buy around 50% of gain at 1800-1820 with SL 1730 for better risk reward. previous Momentum is respected and we are seeing 2nd momentum bar
HDFC Life - Momentum theme worked; waiting for final breakout Momentum : bought at 540 rs based on Momentum. today Target of 5 % is achieved. Yet to sell as it is close to final breakout of 572. once it breaks out SL will be 570
Escorts : I have missed the breakout. Escorts is perfect example to show case the important of breakout line
Momentum bar helped to understand short term range of Nifty. currently nifty is in consolidation range. If Nifty breaks above 12965 -> expect a good rally or s start of bull market if Nifty closes below 12745 , short term correction this month close is very important.
Tata CHemical have shown good follow up bar post Momentum bar created on Thursday. with support at 353 & 330 one can see more upside.e
After consolidation post momentum breakout finally UBL have seen good closing above 1055 (momentum bar close). I am expecting good momentum from here..with support of 1050
On 19th Nov, we have saw a Momentum bar created. And on 20th Nov bar low is above Momentum Bar close which gives a hint that momentum will continue until it breaks 1175