rohitkukreja

rohitkukreja

Bank of India brokeout out of the resistance. Expecting price to go high till 140. The bullish momentum in NIFTYPSUBANK index adds conviction to this trade. Stop loss below 95

rohitkukreja

Price was in solid uptrend from last few months and started consolidating in a range from past few days. Today the price brokeout of that range and closed above it with a good volume as well. I expect price to continue to rise further atleast till 8930. Entry can be intiated at CMP. Stop loss below the low of breakout candle.

rohitkukreja

Price was consolidating in a symmetrical triangle, broke down and then closed below it. This is usually BEARISH. But today, it closed back above and inside the triangle again, invalidating the previous breakdown. This makes a FALSE BREAKDOWN/ BEAR TRAP. False breakdowns/breakouts leads to a massive move on the opposite direction. In this case, UPSIDE. So, we...

rohitkukreja

Bullish Cup and Handle Breakout And Retest. Entry can be initiated if price sustains above the neckline. Stop Loss- Below 670 Targets:- 1. 750 2. 790 3.810

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BULLISH BREAKOUT AND RETEST See the price action. Price broke out of the September 2022 all time high, went above and today retested the broken resistance as new support. Although, today's candle is red but it is a bullish candle. Colour of candle does not matter as much as the psychology behind that candle matters. So, I am bullish on the stock. Entry can be...

rohitkukreja

Price was in downtrend from September 2022, and started ranging since April 2023. This range could be an accumulation phase, and today we got the breakout with a strong body candle and good volume. Also, check the Bullish RSI divergence which gives more strength to the breakout. My only concern is the 200 Daily Moving Average sitting just above the price. I...

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And we got the bullish breakout in #ADANIPORTS that i was waiting for. Entry can be initiated at current market levels with strict stop loss below 740. Keep booking partial profits at 1. 820 2. 910 3. 975

rohitkukreja

Bullish breakout in GRASIM. Entry can be initiated at near current market price. Stop loss;- Daily close below 1809 Target- 1925 Do follow RISK MANAGEMENT and POSITION SIZING.

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Keep a close eye on HEROMOTOCO As you can see price is in strong uptrend. Currently, price is trading in a range with resistance of 3205 and support of 3050. If daily closes above the resistance, this will be a bullish breakout and we can expect the stock to resume the uptrend. Targets:- around 3500. But wait for the breakout. Also, #AUTOSECTOR is strong and...

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TATA CHEMICALS broke out of the symmetrical triangle. Expecting price to reach 1205 Stop loss below 998

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Bullish Breakout in GAIL The levels of 114 was resistance since 2021 and finally price broke and closed above it. Entry can be initiated at retest. Stop Loss- Below 112.3 Target 1. 121.5 2. 126

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BULLISH BREAKOUT IN PVRINOX From past few weeks price was trading in a downtrend and was getting rejected by a downtrend line. On 5 June, 2023, the stock price finally broke and closed above the falling downtrend line, signalling that BULLS Might have stepped in. After breaking out from the downtrend line, price came down again but did not made any new LOWER LOW...

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ADANI PORTS stock was trading in a downtrend making lower highs and lower lows, getting rejected by a downtrend line. on 25 July, the price broke and closed above the downtrend line, signalling price might start moving up now. Also, check how price is continuously making higher highs and higher lows just before breaking the downtrend line. This shows, buyers are...

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Zee Limited gives a bullish breakout. On 7 July it first broke out of a falling trendline. Look how it even retested the falling downtrend resistance line as new support and bounced. Today it broke above the horizontal resistance level of 218.5- this is the second entry signal. Also, the price has closed above the 200 daily moving average which is considered as a...

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Hindalco was trading in a symmetrical triangle and has given a bullish breakout. Entry can be initiated near current market price. Stop Loss- Below 398 Target- 1. 500 2. 620

rohitkukreja

Cup and Handle pattern formed in Concor. Cup and Handle pattern is a bullish pattern. If daily price candle closes above 690, I expect price to ruse further. Keep an eye on concor and wait for the breakout. Let me know in comments if you want me to analyse any of your stock.

rohitkukreja

GBP/AUD is in strong uptrend. Price is continuously making higher highs and higher lows. Checking out recent price action, the price has formed a Cup and handle pattern which is a bullish pattern. Once the neckline is broken out, I expect price to rise further. Wait for daily candle to close above the neckline. Then we can enter into LONG SWING TRADE.

rohitkukreja

Price broke out of the neckline of Cup and Handle pattern, which is a bullish pattern. Entry can be initiated at current market price. Targets:- 1. 2855 2. 300 Stop Loss- 2625