CHOLA - Parallel Channel & Retest

17 thg 3, 2023

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

29 thg 3, 2023

Ghi chú

Strong support at ema 200.

31 thg 3, 2023

Ghi chú

perfect set up, the gap created during breakout - filled.
strong support at 200ema and price closed above trendline & ema 20 | 50.

6 thg 4, 2023

Ghi chú

price broken the yearly resistance at Rs 800 with Breakaway Gap.

support will be at Rs 796 (trailing stop loss).

27 thg 4, 2023

Ghi chú

Flag Breakout

4 thg 5, 2023

Ghi chú

impeccable return of 25% in 2.5 months.

trail the stop loss.

5 thg 5, 2023

Đóng lệnh: đạt mục tiêu

Target of Rs 980 achieved.

Re- entry level will be above Rs 1000.

18 thg 5, 2023

Ghi chú

Re-enter with stop loss below Rs 1000.

30 thg 6, 2023

Giao dịch đang hoạt động

Three white soldier !!