CourtroomInvestments

CourtroomInvestments

The stock has given a breakout above its trendline resistance and prior all time high of 550. In the past, a breakout above all time high has given a test of 250% Retracement Level, so stock could see at least 850. Bullish view remains intact as long as price survive 500!

CourtroomInvestments

The stock has given a breakout above its resistance given by the May 2018 all time high of 167. The Monthly RSI has still not touched its Overbought zone. In the past, a breakout above all time high has given a minimum test of 161.8% FR Level, so stock could see at least 250. Optimistic long term target is at 600 (423.6% FR Level). Bullish view remains...

CourtroomInvestments

The stock has given a breakout above its all time high of 86. The Monthly RSI moving past its previous peak of 70 also confirms strength in the stock price. No definite target for the stock, but if one is looking to invest in Banking Sector, this should ideally out-perform its peers. Bullish view remains intact as long as price survive 80!

CourtroomInvestments

At the end of July, the stock gave a breakout above its previous all time high of 486 and the trendline giving it resistance. The Monthly RSI moving past its previous peak of 63 also confirms strength in the stock price. Such breakouts can lead to a start of a multi-year up-move, so targets remain unclear. Simple BUY AND HOLD approach is ideal. Bullish view...

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Riding the up-trend with today's low as the stop loss!

CourtroomInvestments Updated 

Trading the trend! Price is going from the trendline and the previous high support zone! We could re-visit the Gap area!

CourtroomInvestments Updated 

So the negativity after a disappointing Quarterly Results show seems to have been factored in the price, bears have brought the stock back to 2018 lows around 2600! First signs of bulls visible today, but is it just some short covering? Let's find out! Trade looks rewarding compared to the risk involved, I see a BUY with a Stop loss of 2600 for a target of 2900 atleast!

CourtroomInvestments Updated 

Price at the trendline and horizontal support line, with a low risk stop at yesterday low of 1070, we're buying it for an initial target of 1145, and then eventually if it is to continue with its trend, we could see 1200!

CourtroomInvestments Updated 

Range Trading!

CourtroomInvestments

Price is testing its channel support line with the RSI also around the Oversold level. Good entry point technically, but confirmation signs from the bulls are yet to be seen! An entry with a reduced position size possible at this juncture since confirmation is yet to be given for a BUY. Next demand level seen around 1025!

CourtroomInvestments

Price is in an up-trend, and the current correction (expected to be a counter trend movement) is at a demand zone. Price is expected to find some strength and bounce back in the coming weeks to 1250!

CourtroomInvestments

Price has now come down to its bounce area, and demand from here should take the price to the Gap area.

CourtroomInvestments

Price seen finding support from the horizontal demand line, bounce expected to touch atleast 1390!

CourtroomInvestments Updated 

On-going trend is up, and price has come down to the slope of the up-move!

CourtroomInvestments Updated 

Ongoing trend is up, and price has for now come to the slope and should ideally bounce to fill the gap area first! It may eventually continue with the overall trend and make a new high.

CourtroomInvestments Updated 

Price forming a base at support around 255, a breakout from the base would take the price to atleast 280!

CourtroomInvestments Updated 

Price setup similar to what was observed during December 2018, initial expectation around 650!

CourtroomInvestments Updated 

Ongoing trend is up and the intermediate corrections in the current rally stop at the 38.2% Fibonacci Retracement level. Expect a new high in the ongoing rally!