TAMO - Out of all the trendline mess area
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➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
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➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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Eicher Motors breakout retest with RSI 60—a good long candidate?NSE:EICHERMOT is retesting its breakout zone with RSI at 60 and support at 13DMA (not pictured here). FIB extension targets are highlighted. First resistance can be 2800 (also happens to be 23.6% FIB). A few auto stocks seem to be in momentum and have retraced so the sector seems to be in a good mood, too.
If we observe, Eicher had formed an H&S, took support and is now retesting around the left & right shoulder levels.
Stop can be placed below 2700, around 2670-2680.
Tata Motors : Strong Pull BackTata motors looks good for positional trade. The stock has broken it's Descending Triangle Pattern and gave a breakout. If it crosses the resistance zone that is between 337 to 342, we can expect a good upward movement in this stock.
Please feel free to share your valuable feedback :)
Ashok leyland: Targeting profits of Rs 10Hello Traders,
Warm Greetings! With CCI jumping over 70 and CCI above 253, Ashok Leyland appears super bullish. If the 2 hourly candles close above 132, in the next 2 sessions, then the positions can be entered. between 132-133, for a week-2 week target level of 144, with SL of 124.
* Buy at 133
* Profit at 144
* SL at 124
► ADVANCE PATTERN #15: HEROMOTOCORP ◄► ADVANCE PATTERN #15 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
▣ Key Highlights:
➟ Time frame Daily Ⓓ
➟ W pattern ⓦ
➟ Trend line ⍩
➟ Triple Bottom ◡◡◡
➟ Long Term Support ≌
➟ EMA 200 ↝
➟ Unique Confluence Ⓤ
📌 Levels are:
Entry: ▲ 3015
SL: ☢ 2850
Target: ➚ 35585
RR: ☈ 1:3.5
Return: 19%+
Do your own study before Trade!!!
Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✬ Disclaimer ✬
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Lets learn and earn together #4| Discuss and Ask Anything Mahindra and Mahindra amazing and tradable pattern :)
Such moves before earnings can yield you good returns :)
Good luck trading it and any issues understanding the price action or wanna add anything you want = comment me I will try to answer you :)
Happy trading guys :)
MOTHERSON : Bearish sequenceGo long if price holds the level of 205 for target of 220/225 . Later Sell the stock facing resistance near 225 area.
If prices failed to cross 205 & later breaks below 195 then go short for the target of 180's & 175.
Maruti - Swing & Intraday | 30th MarSupport zone has been tested multiple times from October'2020. Can give very good returns if breaks the support - Head and shoulder breakdown
Intraday - Enter on support break and target 6670
Swing - Enter if daily candle breaks 6700 for targets 6580, 6500 and 6300
P.S. If stock bounces from support and breaks 6900 on daily candle then minimum target 7100/7150
Maruti / M&M Spread As per Maruti / M&M spread chart. Maruti could outperform M&M from here onwards. A retest of 9 is possible provided 8.20 is not breached.
The pair chart is suggesting Maruti will rally more and fall less than M&M
Pair Spreads are high risk management set ups. They are not to be done in isolation but in sync. Those not affluent with them should refrain.
Buy BoschBuy Bosch if it close above 13650 (Safest Entry) stoploss 11910 Target 16000 to 16250
aggressive entry above Downward Trendline Breakout with few quantities.
study : Stock is forming Inverse Head & Shoulder Pattern near Downward trendline...if it breaks we can see 15-20% upside movement in this stock.
Maruti | Ascending triangle formation & Big Breakout NSE:MARUTI
Swing Trading opportunity ! Daily Chart Alert !!!
--Target = 8360
--Stop-loss = 6935
--Lot Size = 100
RETRACEMENT Could HAPPEN!!!
Technical Reasons to trade :- 🧢
1) maruti Ascending triangle breakout with volume
2) Volume is also good
3) Uptrend Is continuing and resistance is broken
4) support zones is mentioned on the chart
Guys check out the related ideas on MARUTI based on Harmonic pattern
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