We got a massive breakout on daily timeframe and with previous swing highs being cleared without no effort, this looks like this can fly off easily!
We got the breakout we wanted and now the targets are locked for 1100 off here, can target easily upto 18% off here!
Looking to further ascend after the breakout of the downtrend. Targets and invalidation is mentioned inside the chart itself, Please refer.
This trading idea is a bull flag breakout scenario which might happen in the near future. Rest everything is written inside the chart, kindly refer to it
After todays massive move, we are now at the 17 year old downtrend and once we break it, its all bull season off here!
#PAYTM Broadening wedge setup, exactly bounced off the lower trendline and now looks pretty good. Dont forget, MUTUAL FUNDS and MORGAN STANLEY have bought this dip massively. Previous Lows were around 450 and that should present itself as a massive resistance. Once we break that, its bull season for and the confirmation of the double breakout will only be above...
#ADANIPORTS Fresh bull flag breakout setup as we are seeing this bull flag breakout with potential targets of upto 1455$ calculated with the help of trendbased fibs.
#MASTEK has broken out of the downtrend and now has been ascending for almost 2 and a half months and has almost come 15% off the breakout but the interesting this is that it closed above the local high and now looks ready for further ascension off there towards the previous all time high at 3669. Potential upside and invalidation are marked in the chart are just...
#BANKNIFTY at a massive resistance zone and as long as 46400 doesnt break, I will not touch it. Once it does break, the view will switch to buy on dips and target will be 46800 atleast.
#NIFTY has now broken out, retested bullish and closed above. View should be to buy on dips with these targets as long as it defends 21800 on closing basis