Ascending Channel. It has been making rising consolidation formations as it climbs. Slow and steady counter.
From few weeks JSL’s movement is following a rising channel. I believe it will continue for few days and show drastic change whenever it will… Keep an eye on it for quite a few days and gain maximum profit when it indicates change. NSE:JSL
NSE:SUNTV Trendline & Channel Breakout/Reversal It's trading near dynamic resistance zone. Breakout & Reversal both are possible. Wait for the confirmation of direction. Don't fall for the traps.
In last trading session GRASIM gives breakout of ascending parallel channel's resistance line. After this breakout expected this will continue it's bullish rally towards the 1915+ in next few trading session. We can go long in this stock with stop loss of 1680 for target of 1910+ for short term.
In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading. Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing...
An ascending channel is a chart pattern formed from two upward trend lines drawn above and below a price representing resistance and support levels The ascending channel is also known as a “rising channel” and “channel up“. The lower line is identified first, as running along with the lows: it defines the trend line. The upper line (the “channel line”) is...
long at Dhani service ltd looks promising. Dhani Services Share Price - Buy or Invest Dhani Services
Ascending triangle pattern looks bullish and stock also from tourism sector which will shoot up after covid
Technically looks good anytime breakout possible study🙏🙏
EXPLANATION : This is a 4 hour time frame chart of CIPLA . It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on CIPLA . Demand zone marked in chart we Plan to short below this zone price closing . If you like this analysis...
#BANARISUG (D):-2194.25 CMP, Trading into an Ascending triangle in the daily time frame finally broke the channel yesterday..
Riding the Bullish bat to its target . Awaiting the breakout from the ascending parallel channel
EXPLANATION : This is a 15 Min time frame chart of NIFTY , It has formed a Ascending channel , Trend line Support - Always be extra cautious with breakout trade with confirmations .
After a week of consolidation, BTC, this week, breaks out from its sideways trend and currently trading above its psychological resistance of $50K. On the weekly TF, BTC formed a strong bullish candle which slightly resembles a Hammer Candlestick patter and gained by more than 6%. At the time of writing, BTC is trading at $52K. BTC has been trading in the Rising...
RELIANCE is forming ascending triangle in weekly timeframe . Go long if it breaks all time high in daily timeframe. Can be a good positional trade. Try to trade intraday if breaks the resistance you can get a good target in intraday.
Balmer & Lawrie is in critical trendline support region. It can move upto 160 in upcoming weeks. Its good for Short term Investment or positional traders. Additionally, the Corporate has announced Rs 6 per share dividend can lift the stock price till the Ex dividend date (17 Sep). Its good to hold the stock until it breaks the Trendline on downside. Kindly share...
Entry, stop loss and target mentioned in the chart Trade set up: 1. ascending channel pattern 2. resistance breakout Note: Its just my point of view, Please recheck and enter the trade with proper risk management.
GLANDPHARMA has bounced from the support level and it is trading above this level, for the last couple of days. It is likely to face the next resistance at 4300 levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.