Stock looks good for upside at current levels. S/R zone (in blue) tapped; this zone has acted as a good resistance zone earlier and now should act as a good support zone. Also price has moved back inside the range (marked in orange). I see good upside in stock in coming days.
Short term SL 770 Weekly close below for 845-865-925.. If horizon 3-4 months. If want to add this GEM for above 1 year then put SL for 670 weekly close below for 925 if sustain above 930 then ready to reach 965-1018-1140.... K.N.: Before taking position kindly go through chart and take advise from your financial planner.. I am not registered SEBI advisor.
Westlife Development looking very bullish for about next month. Someone can easily expect target of a round number ₹1000 only once it gave us breakout of an important trendline. With a Risk Reward of around 1:3.9.
WESTLIFE DEVELOPMENT now breaks the previous resistance and forms W pattern ,so will expect 1000+ in midterm and keep Stop loss at 798 Daily candle closing basis (DYOR)
NSE: WESTLIFE is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on...
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note: Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
Westlife is giving consolidation breakout after long time. Must buy at present levels.
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed based on fundamentals.
it ran from 525 to 565 while editing the chart :) Clear breakout in WESTLIFE Disclaimer - This is just for educational purpose and not a trading or investment advise
this can move higher ater breakout..wait for breakout
Seems it is getting back to life and this high if broken must take to the target
Westlife Development Long term Investment
This chart is basically just a learning experience for me to see how the stock behaves in the coming days. Whether history would repeat itself in the medium term? Whether technical charting and market sentiment can overpower fundamentals ? Many of you may say it is obvious but here is a stock which technically is great as explained in the chart but fundamentally...