An index analysis idea after many many months. Reason:- Today, we saw a short covering 400 points up move in Nifty with an ATH closing. What is the chart speaking now? Nifty has given daily closing above 22800 which was a strong supply zone. 23000 is a psychological resistance in Nifty now. As from chart, it is clear that our dear Nifty is trading in a channel...
CNX Pharma about to break long Parallel Channel, when it break pharma stocks will move immensely.
Incorporated in 2022, Bajel Projects Ltd is in the business of Engineering, Procurement and Construction Bajel Projects Limited (BPL) is a carved out legal entity from Bajaj Electricals Ltd. It's EPC segment comprises of Power Transmission & Power Distribution. BPL provides end to end solutions ranging from inhouse design, testing, procurement, manufacturing,...
It has been moving very well inside the parallel channel since past 14 yrs. After consolidating past 4 yrs, it is now preparing to create new ATH
MTARTech is one of the leading stock from defence sector. However, stock is underperforming and is currently in a channel consolidation. Recent news of arms exports to Russia has triggered a rally in defence stocks like Datapatterns, BEL, BDL, etc. Mtar is bouncing from lower end of channel and we can expect big rally in this stock too. A good stock for investment...
I make educational content videos for swing / positional trading
I daily make educational content videos for swing / positional trading
Hello & welcome to this analysis Stock is in a strong uptrend which has now come close to its weekly upper channel with a bearish harmonic deep crab pattern in the daily time frame. Strong support between 180-150 while resistance at 210 It would be a buy the dip stock or fresh additions above the weekly channel Happy Investing
Nifty formed rising channel and if you shorten the timeframe to hourly time frame then you will find Bullish Head and shoulder pattern, with price target of upper channel. Market moves like Naap-Tol Ke
parallel channel in ONGC this is going to be very good once we have monthly closing above 178
Preferably Sell at/above = .07799 1st Target = .07373 2nd/final target = .06951 with trailing stop loss Just paper trade. GG.
APLAPOLLO parallel channel support would like to take it up one more time.
parallel channel since early 2015 one shakeout still pending. this may be too slow even after the breakout
For the last 3 months, the stock has been trading in a range that is forming a downward parallel channel. This moment, just close to the upper side of the formation. If breaks the upper level and sustains, this could be a breakout of a parallel channel. Targets may be 3245/3440 or even more. The setup is with a good risk-reward ratio. The entry point should be...
parallel channel started from Mar'99 and making top in Sept 21 now head and shoulder formation is complete now a dead cat bounce and followed by bears
Will it be able to break out of the channel or still need more strength
BIKAJI is poised for its next upward move, presenting a potential upside of approximately 23%. The stock has maintained a trading channel for the past 2 years. This is an opportune moment to consider entry due to the following factors: 1. The Risk:Reward ratio appears favorable, with a stop loss (SL) potential below the channel. 2. Last week's candle exhibits a...
#Idfcfirst bank Cash -Positional for 3-4 months 26.02.2024 Looks good above 85.10 and dips 82.50-83 Stoploss 77 Add more above 90 Tgt 98-100/120 Cmp 83.95