AND
HEAD AND SHOULDER BREAKOUT (AWL)Head And Shoulder Breakout
CMP: 435
Targets for Downside: 591 and 551
SL: 671 Above Previous Swing High
AWL Broke this years major support retested the support area and now heading to downside.
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell.
LONG POSITION SWING TRADE OPPORTUNITY. TARGET 5600OK THIS is my second analysis after fairchem , for which i updated when i sold .
The IT sector as a whole down due to external circumstances , No internal issues in almost all the it companies.
Considering this opportunity to invest or even trade for short term gains . I prefer mid cap which has better safety against sell off and higher profit percentage margin.
1 . LTI has been consolidating and formed a clear CUP AND HANDLE PATTERN .
2. It has taken support 4 times on a higher time frame .
3. The price sustained even when nifty had a major fall.
4. The handle breakout can push the stock price to 5100-5600.
5. HOLD for next 2-3 months with results upcoming for the SEP quarter .
PVR chart studyHead & shoulder pattern forming in PVR Daily chart
Trendline is broken on 16th Sept
Looks like possible candidate for short term downtrend
Correct me if im wrong
For Educational purpose only
VIJAYA - Retest + Reversal - Big Potential - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
BALAJI AMINES LTD - Bullishness?Balaji amines Ltd gave resistance breakout with Good volume and made a retest. One can go long above day high with stoploss below the retest low.
Disclaimer :- I'm not SEBI registered analyst. This is my personal view. Information given is for educational purpose only.
Do your analysis before investing.
HFCL Ltd - Inverse Head & shoulderHFCL Ltd has made a Inverse Head and shoulder pattern in D1 Time frame. It also give a breakout with good volume. One can buy 50% above today high and wait for retest to buy remaining 50% with recent low as stoploss. Recent swing high's are taken as Target.
Trail your stop-loss.
Disclaimer :- I'm not a SEBI registered analyst. This is my personal view. Given information is for educational purpose only. Do your own analysis before investing
BANKNIFTY & NIFTY SUPPORT AND RESISTANCE FOR [22-06-2022]NSE:BANKNIFTY
yesterday a sharp rise has occurred but still, we are in bear trend as the market didn't break its previous swing high.
all sentiments and news are negative this is a sell-on-rise market.
Levels marked on the chart.
NSE:NIFTY
Bank nifty and nifty analysis important levels are marked on the chart.
please always trade with stop loss to avoid big drawdown.
Happy trading & keep learning
CDSL --- A PERFECT TIME TO SHORTThis is the daily chart of CDSL i.e Central Depository.
Currently it has made a price action pattern i.e HEAD AND SHOULDER
If it breaks it's neckline, it will be a perfect entry with a small stoploss and a target of roughly ₹50.
*NOTICE*
I AM NOT SEBI REGISTERED.
I WILL NOT BE RESPONSIBLE FOR YOUR LOSSES
NiFTY 50 fib extension tool ( for educational and reference)This is a education pupose only(and reference) fib extention is a tool (not like a indicator)
1.6 fib exte cus ratio ,
Atctual fibonacci ratio=1.618
( reasonable , but higher)
1.3 fib exte custom ratio(reasonable)
Purble line is 0 (zero) ratio ., -1.5 stoploss (take a support and resistance),
this is not retracemnet tool.
Contant is choosing with squence(think like a imaginary, )
Dont use with your ego and for your personal.
Use genuinely ,reasonable entry(for accurrate), like a priceaction,
Im learned from fibonaaci tools with my sharing experience., dont abuse the market!!!
Ratio is simple and using etc.,( age , science, mathematical)
-1.5, 0, 1.3, 2.6, 3.9, 5.2(contant),6.5 totally using with 1:5 ratio
-1.5, 0, 1.6, 3.2, 4.8, 6.4(contant), 8.0 totally using with 1:5 ratio .
The custom create fibonacci extention tool using with easily identify stoploss and target., accurate entry buy ,sell using like a technical ,price action trading.