Breakout Stocks: How to trade Himadri Speciality, Godfrey Phillips & Akzo Nobel that hit fresh 52-week high? – Market Summary
For the last 5–6 months, the stock has been moving within a triangle pattern on the daily timeframe. In today’s session, it began an upward move with very high volume.Once it breaks out of the triangle, it could deliver an upside of 18–20% from the breakout point. RSI and other indicators are positive.(Disclaimer: Recommendations, suggestions, […]
Technical Breakout Stocks: How to trade Godfrey Phillips, M&M and Dixon Technologies
The Indian market closed in the green for the second day in a row on Friday, tracking positive global cues. The S&P BSE Sensex rose over 250 points while the Nifty50 closed above the 22,400 level. Sectorally, buying was seen in realty, auto, metal and consumer durable stocks while IT stocks saw some selling pressure. […]