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Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Weekly Breakout in Adlabs above 250

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Stock : Adlabs

CMP: Rs 237
Buy Above : Rs 250
Target : Rs 275 and Rs 300
Time Frame : 8-12 Weeks
Stock is currently facing resistance near 34 Weekly EMA for the past 4 Weeks. i.e near Rs 250 levels.
Also stock is showing long term positive momentum divergence.And the stock is consolidating between
13 and 34 Weekly EMA levels.
Simply Buy on Breakout for Targets Rs 275 and Rs 300
Source:
www.marketcalls.in
Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
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3 Replies to “Weekly Breakout in Adlabs above 250”

  3. @rajandran bhai……adlabs also hit target within a week itself…excellent work keep it up bhai…

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