Axis bank is in ascending triangle at a breakout point. Above the mention price point it will give you some nice momentum but the view is invalid below 425. what can go wrong , If bank nifty fall drastically then this will get stopped out . otherwise everything align according to me , let the where the market goes.
ASCENDING PATTERN forming. It is forming an inside bar in daily buy above 281.9 with sl at 273.5 sell below 273.5 with sl at 281.5 Trail the trade. might be a big swing. ~Manage risk, reward will take care of itself
JSW Steel CMP 187 - trading near Channel support - if broken then next support at 178-175 zone & major support 168-166 zone - resistance at 196 / 202 / 208 Given the set up one may consider selling 170 Put option between 5-5.5 ( CMP at 5.20) Lot size 2700 Max profit potential Rs 13500 - Rs 14850/- Yield potential 10% - 11% on capital Loss if JSW steel...
TITAN can be good candidate forming symmetrical triangle. Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
PETRONET has given a breakout with good volume. Will be good for Short Term. Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
Nifty IT Break Ascending Triangle pattern .if it Sustain in Monday then add IT Stock in your watchlist For Buy Side.
INFY Break Ascending triangle pattern and hold this level so if break level of 751 then you can add in you Buy Watchlist.
NIFTY TREND SETUP -from past few weeks i am explaining nifty is in a "bullish bias" -to understand please go through my nifty and banknifty posted charts -you will get an idea how we were able to maintain our bullish view -coming to the new post of nifty let see what is cooking up -our rising wedge pattern is confirmed (read previous post) -nifty is making a...
NIFTY INDEX TREND SETUP -there is a bullish channel on a 30-min chart on nifty index -which might be breached in the opening -important thing is nifty is having support at 9720-9750 -that is the area from where we have seen strong bounce back -it remains to be seen if nifty bounces back from this levels or not -we have expiry today break i doubt that we might...
1st broke nice ascending triangle and now forming ascending channel.
Titan trading in a proper bullish channel, its facing strong resistance at the psychological level of 900. once it breaks it we will see a huge upwards movement in price.
[ b]This analysis is only for educational purposes, Invest at your own risk! INFY closed at 652.30 on Friday with relatively low volume near its Support line An uptrend can be seen in the ON BALANCE VOLUME INDICATOR Using the pitchfork an uptrend can be spotted in the price too A long position can prove to be profitable by buying in at 652-653 Range and...
Nifty Long at 9100 | Stop-loss 9000 | Target 9600 Risk Reward 1:5 Nifty moving up slowly and on the daily chart, it's making series higher highs and lower lows. The Primary and Intermediate trend is still down. Trading this counter-trend rally with very tight stop-loss.
Hi dear friends, I am posting my own view on nifty/s next moves. Nifty formed a bearish wolfie wave chart pattern in the monthly chart. So It is expected that nifty may touch 7000 levels in the coming days. As wolfie wave is a powerful chart pattern and its reliability is more. So please watch the moves of nifty. This is only for educational...
GBPAUD has formed a rising channel pattern on a daily basis with the current prices trading at the bottom of the channel, creating a buying opportunity. The expected target for the trade is at 1.8200 which is the mean of the channel and the SL for the trade is at 1.78232.
UPL is in a deeper bear flag continuation pattern. The stock is approaching a key zone between 556 - 565. This will be the 3rd touch of the bear flag indicating pattern completion. If there are strong rejections at this area the stock can reserve and continue its move to the downside potentially till the 500 levels. Sell Zone - 556 - 565 Traders should enter...
Jsw travels in channel line.. right time for buy entry... target 278.35
If Ascending Channel breakout happens with appropriate volume, a long position can be made. Entry - 176.70 Target - 187 SL - 171.70