Track this stock for strength momentum Breakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market....
ICIL looks good. This is only for educational purpose.
A bit late in posting, but still have a good upside potential. Levels and target marked on the chart. PS: Not a recommendation. Just for study purpose. I bought at a lower level.
After Multiyear Consolidations finally price break the major resistance with Big cup & handle pattern . Chart invalid point below 255.
A breakout on weekly chart denotes strength it suggest the CONTINUATION IN THE CURRENT MOVE if one refer the charts , as shown by arrows , volume witnessed a great rise and price followed a strong move along with the same THE stock likely to show higher areas its trading well above key average areas and with strength in RSI support at 310-290 zones and with...
Hey Folks! All the levels have a description, nothing complex. Picked this Stock due to its fundamentals and technical. Use these levels with you own setups to have an edge.
Here we can see a UPSIDE momentum trade in NSE:ICIL let's wait and watch out for the retest or UPSIDE move
Indo count industr LTD has breakout cup and handle pattern with good volume and this is just for Educational purpose only
Stock name = Indo Count Industries 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 - B Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling...
Easy Earnings Comparison Cup with Handle Breakout Turnaround Story
Trading at All time high with Good volumes and downside round bottom is completed
Current Bad Market conditions price break the upper range after strong consolidations
ICIL good base uptrend breaking out of the ascending triangle
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Stock has formed a VCP with supporting volumes. Trading above the key EMA (trending) and drifting sideways on the final contraction. Monitoring this stock as small cap index is indicating weakness. Publishing for my own reference. Not an investment advise.
POSITIONAL VIEW ICIL at its important support zone. Also forming head and shoulder. If breaks lower target can be easily achieved.
Buy = 263.15 SL = 252.8 Target 1 = 283.85 Target 2 = 294.2 Bullish ICIL Indo Count industries Buy for short term