seems a leading diagonal shall be formed here after the diagonal is formed , it shall retrace a bit ( marked two retracement levels i.e. 61.8 & 78 ) then the upside move towards 1200 .. so this is a watchout counter for next week that is last week of April 2021 Happy investing
If the profit was booked when 3% was reached then the result would have changed big time.
should I trade in F&O or stay in EQUITY? at least you should stay positive for 60 days.
doge usdt resistance fib trend based extension
here an example of how can you use the trend line to simplify the market trend.
As you can see in the chart the Elliot wave is showing clearly uptrend.
This Idea is my Bank of Baroda Positional Trade in diwali. Posting this because I got one query for my Recent BHEL Idea, where I've used similar Technique. As you can see 57 level marked with blue line is the level from where stock gave breakout twice, 2007 & 2009. it was a strong Resistance back then. In 2007 it moved from 54 to 92 In 2009 it moved from 54...
LINCLON BULL FLAG OR PENNANT? either side of triangle a good move is expected
A parallel channel which can also be termed as a price channel is a tool to identify a share’s price in bounded parallel lines. It can be horizontal, ascending or descending. It’s a great tool for those traders who believe or trades with the idea of Price action. A parallel channel can be formed when the price of a security is restricted by supply and...
Educational Post only !! A cup and handle seems to be forming on Pidilite - 4 Hour chart. If it holds true there may be upside movement to 2000 - 2025 zone.
Potential breakout, as stock is already moving up, buy above 337 set strict SL 327.
I can interpret an upcoming breakout in this chart is so many ways. This is why technical Analysis isn't difficult. One just needs to have an eye and correlate. I'm not giving any Stop loss or Targets here. This is for you guys to interpret it the way you like and take your decisions. If it fails, this chart would tell you why it failed as well. Those who want...
Levels and detsils are clearly mentioned on chart
it is moving above the moving exponential average and Monday earning it should test the level of 825. buy at current level 788 rs
This is an analysis for educational purposes and not meant for trading purposes.