ABB INDIA LTD is broken from Cup and Handle PatternABB INDIA LTD has formed Cup and Handle Pattern on Daily chart and broken out with good increased buying volume. It will give good returns in short term. The stock is trading at ALL TIME HIGH.
Beakout
USD JPY # LOOKING BUYIam looking buy above 135.385 and targeting 136.200,, 136.550 . Expecting an FOMC MINUTES RUN.. stops below 135.80
Breakout in GALLANTTBreakout in GALLANTT in Daily timeframe.
Entry: 82.50
Targets: 88 and 100
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Tata steel down sides | Triangle patterntata steel get down from its higher sides now its consolidating
forming a triangle pattern
major resistance level to watch 1324
watch for breakout ( expecting down side breakout )
if breaks-down then down side first Target will be 1232 second 1174
use it for taking intraday/overnight trade| only when breakout down side
Buy Anantraj @ 70 potential upside 50%buy Anantraj for 3 months @70 SL if closes below 50 targets 1 104 and 2nd target 140..... safe traders can wait for the closing above 75.
For learning purpose.
COAL INDIA COAL INDIAN HAS GIVEN A BREAKOUT ON 1 WEEK TIME FRAME
WE CAN SEE TARGET OF 240 IN NEXT 1-2 MONTH
Granuels- A Chart with Multiple IndicationsThis chart reflects various aspects of technical analysis. Let's understand them
1. Price action perfectly shaping up for a move (Pink line reflecting behavior of price).
2. Price taking support at previous breakout levels(Resistance acting as support for the stock).
3. Price making a flag pattern too. (Draw a trendline below the already drawn one.) A trend Continuation Pattern which provides a lot of confidence to all the trend traders.
4. Volume picking up the pace as the price is trying to move up (What do u think who is making all these positions?).
5. A hammer with big tail/wyck reflecting strong interest of buyers which pushed it back up.
What else do we need before entering a trade?
Hope it will help you understand.....
Cheers and Happy Trading.
Disclaimer: I am not SEBI registered. Please trade with caution and manage your risk. Consult your financial advisor before entering into any trade.
