ALICON WEEKLY TIMEFRAME Note Please leave comments for any query. Disclaimer This is my trading experience, it is not an invite or recommendation to trade. Best Wishes PRABHUMAYAKANNAN
ALICON CASTALLOY (1D) CMP 861.25 Stock is consolidating in a range Stock formed Diamond pattern Ready for movement Auto sector is bullish so we can see same rally in this also
Reason for long a) trendline breakout b) weekly breakout c) sectorial support d) SL compulsory
Alicon Castalloy On BO With Massive Volume Cup & Handle pattern
#Stock : #ALICON CASTALLOY LTD #Chart Time Frame: #Daily #Structure : #Breakout on #Daily basis of #Cup & #Handle with Decent #Volumes On #Daily Time Frame the Stock has given a Good #Breakout with decent #Volumes of #Cup & #Handle Pattern which is a #Bullish Pattern So stock looks good for long as per the levels mentioned below: #CMP - 1071.60 or BoD...
stock becomes a buy ONLY if it closes above 1018 level!
*ALICON CASTALLOY* :734. a good 5 weeks of consolidation to form a base at the support of 649,has given a close above its 5 weeks high, good volumes are seen in last 2 sessions. forming a kind of descending wedge pattern breakout on radar.@koolvicky
Alicon- Bullish structure breakout. Targets marked. But on dips
ALICON NSE AliconCastAlloy is Bullish if 860 holds. New Lifetime High. Positive trend. Fresh Breakout. ***** Educational Purpose only.
given breakout above its all time high. worth investing
broke weekly and daily resistance. With volume after seeing seller narrow range contraction
As per the analysis from past we can say that as the candel breaks the closing of yesterday as closing and end of candel is near it can give a upward breakout and you also can observe what happens throughout the day. Anyone can Dm me to discuss about the same.
Stock Analysis: Alicon castalloy looks like broken the supply zone sustain on this level expected to reach the target given on the chart with zone bottom as the stoploss level. Let's see Happy Investing!
CMP 621 Long suggested ONLY ABOVE 650. Stop 590 Target Open Technical logic: 1) Stock has been in a strong uptrend with stock above key MAs. 2) Stock has been consolidating from 52 week highs and during consolidation process has dropped 28% in the first swing, 22% in the second swing and 11% in the third swing indicating a VCP in progress along with volume...