After the gap up breakout from the declining Parallel channel, the consolidation took place and seems like a breakout from the box is likely soon.
it has tightly consolidated between 140-160 for the last 4 months. RSI showing bullish strength on weekly chart. higher volume across candles indicates good accumulation during consolidation phase. 160 acts as strong resistance, tested multiple times. on daily chart shows cup & handle pattern.
Consider Stop loss on closing basis . Stock continues in uptrend and few days ago it crossed his life time high resistance. after that stock create a good box with great volume action. Its Very good Breakout to play
BUY 390 TO 382 TARGET 483 TO 531 Reason For Buying This Script: There are two conformation to buy this script. In weekly time frame it is forming Elliott wave . In monthly time frame is has broken the box break out . Now it is retest moment is happening , So we can go for buy . Box break out target up to 567 Note : Above give levels are based on...
range or box breakout in timken india. it is attempting another break after failing twice. buy only if closes out of the box. stoploss would be below the rectangle and targets are marked on the screen.
Rectangle forming on 4H Chart of ASIAN TILES. BUY CMP/193.10 -> 205, 220, 235, 260 Support 182-83, 175-73. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Rectangle forming on 3H Chart of ADVANCED ENZYMES. BUY CMP -> 450, 465-70, 480, 490 Support 418, 410, 405, 400, 395-6. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
How to trade is written do. Don't take the trade under the area in yellow box. It will be very volatile and there is no setup under it. It given falls Breakout and it is now retesting the box area. What to do 1) Trending in daily time frame. 2)Don't short until it gives good signal bcz it is in uptrend. 3) Volume required if box broken.- Important* 4) Bullish...
1) Parallel Channel 2) Formed a Candle pattern at Support 3) 3rd time taking support
its ready to give move standing on the shoulder of previous high(actual not a fake move )
Triangle forming on Daily Chart of AXISBANK. Trendline has supported and resisted at the respective tops. Needs to cross 757-758 from below. Consolidating on Hourly Chart in the range of 743-757. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Rectangle forming on 2H Chart of AVADH SUGAR . BUY CMP/519.10 -> 531, 547, 565 Support - 490, 485, 475, 466. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
A Rectangle/Darvas Box breakout happened at 185 on Weekly Chart of ENIL. BUY CMP/227.10 -> 270, 283, 330, 350, 385, 410, 435-40 Support/SL 184, 169, 140, 120. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Rectangle forming on 3H Chart of VOLTAS. BUY 1062, SL 1038, 1024, Target(s) - 1077, 1090, 1098, 1105-07, 1118. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
this is going to be massive , box are great thing to know about the consolidation soon it will exploded
Rectangle forming on Hourly Chart of DODLA DAIRY. BUY 630.10 -> 650, 670. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Rectangle forming on 3H Chart of RAYMOND. BUY 474.10 -> 490, 513, 535, SL - Base on the 30M Chart. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.