in weekly, pvr bounced from uptrend channel support and horizontal support. sl - 1286, 1st tgt - 1643, 2nd tgt - 1780
price is in uptrend channel in weekly time frame. and current trend is up, So it can go to the channel resistance easily sl - 1070 1st tgt - 1210 2nd tgt -1280
Sanghi trading at support line in channel pattern, will it resume its upward journey.. target: top line of a channel.
price is moving in a uptrend channel in weekly time frame, and the current trend is up, so it should easily go to the channel resistance. sl - 274, tgt1 - 310, tgt2 - 330
in longer time frame it is in strong uptrend. in daily it is in uptrend channel, also bounced from horizontal support. with a sl - 230, 1st tgt - 261 2nd tgt - 285
in daily, price bounced from uptrend channel support. sl - 293, 1st tgt - 330, 2nd tgt - 340
in weekly it is in strong uptrend, in daily, hammer formed at uptrend channel support + horizontal support, price should reverse and go up from here. sl - 1573, 1st tgt - 1732, tgt2 - 1800
Ascending or Rising Channel pattern on Nifty and it may break the channel on downside or may break on inside channel. Levels are mentioned by Pivot Points.
Will it Make or Break the Ascending Channel pattern on Bank Nifty. Principles of Ascending Channel - the price will break on downside and leads to fall. On here, bear doesn't have the strength to fall or make a big movement on downside. Probability, the price may pull up inside the channel. Note: I am giving the levels according to the pattern principle. ...
price is moving in an uptrend channel in weekly time frame. Recently morning star candlestick formed at the channel support, and price is reversing , so 1st tgt - previous swing high - 90.5, and sl - below the channel support - around 76.7 .
gail is moving in an uptrend channel in weekly, and now at channel support, also hidden bullish divergence is seen. so sl - below the channel support - 342, and 1st tgt - previous swing high - around 425
it is in a strong uptrend in monthly time frame. in weekly, price recently bounced from uptrend channel support and horizontal support. Also hidden bullish divergence seen in weekly. so sl - 447, tgt1 - 551, tgt2 - 590
Hello fellows, Thanks for your support. Notes on the chart. A probable shorting opportunity into the resistance. I will wait for a bearish pattern; or spiking volume with either barely minimum or negative price action on upside. Your likes do motivate for better posts. Best Regards Afraidtotrade
Ascending Channel offers simple trade on both the edges or for the trend follower only long trade on lower boundary. The stock has shown strength on 20.03.17 forming a bullish 3LR pattern and any retracement could be used to enter long trade. Stop loss 1118 on closing basis target 1200.
The stock has nicely formed Flag pattern and gave breakout with increased volume today. One can buy the stock with appropriate stop loss and look for a target in the range of 340 - 350. If we consider the Ascending Channel and its target also, the prices may climb up to 360 so one can continue with trailing stop loss. Wishing all profitable Trade !
The stock has broken short term trend line and now testing is from above, later it has formed an Ascending channel and is at the lower boundaries being the confluence of both it is offering a beautiful entry for long. one can go long with Stop loss of 652 on closing basis for target of 720 reasonable risk to reward ratio.
The stock is still in uptrend so one can enter long at appropriate level. It is forming an ascending Channel and now getting support at lower level. Yesterday retest offers a very good opportunity to go long by providing a small stop loss of 84.80 on closing basis. Target one can look at least 2.5 -3 times of the risk taken depending upon the entry tomorrow.