#ONMOBILE currently displays an upward trend, having recently breached its support level.
The stock's movement indicates a potential short-term opportunity for traders seeking momentum plays.
With the recent rise above support, there's a possibility of a bullish trend continuation in the near future.
Technical indicators and price action suggest a favorable...
Idea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%.
Rule 1 : Exit from the trade when current day closes below previous day low.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : On result day trail your SL at 15Min Time Frame
*Onmoble Global Ltd.*
C&H Formation on Decadal basis.
Vol. Consolidation. Continued BuiltUp
Price BreakOut > 138 Needed. Once Crossed & Sustained, then Good to Go!!!
Resistance @ 138 / 141 / 155 /164 /176 / 198
*_Level of 176 To be Watched: Multiple times Retracement for 176_*
RSI: 1H > D < W > M
*Trail SL with Upside*
Book Profit as per Risk Appetite*
Do Your...
This stock given 30% return and now target is revised.
Ready for another 30% upside.
Monthly- Strong bullish candle, price is above 50 EMA
Weekly- Upper bollinger band Challenged.
Daily-Trendline breakout with upper bollinger band challenged.
NSE:ONMOBILE Is forming Pennant. The trade should be taken only after confirmation of pattern that is after closing of candle above pattern. Target and stoploss for the same are given
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
NSE:ONMOBILE
Stock is consolidating below 160 from last 11 years.
if it breakout above 165 in WEEKLY TIMEFRAME ,
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then ENTRY can be taken at 172 for a big target of 300 ,
CHART PATTERN - LONG CONSOLIDATION , ROUNDING BOTTOM , MULTI YEAR BREAKOUT
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this is not a trading advice, only for an educational purpose.
