Asian Paints has given BO of box pattern, such an beautiful chart. We need to look for such a pattern formations and enter after Bo.. Its going towards lif highs
Tcs has been silent for quite some time now. Reason was Banknifty pumping up. Now bank nifty is halting so some other sector has to go up if nifty needs to go and sustain above 13150 and at higher levels. Let me show the chart of IT index. As per the chart it is visible that NIFTY IT index is slowly and gradually picking some momentum. It has broke a triangle...
Trendline Observation(s). Rectangular Box formation. Reaching a resistance zone of 490-492. Need to clear 500. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Another stock that has created a perfect box at the top. It has touched it's resistance 4-5 times already and even touched it's support multiple times but now it is sticking to higher levels and looking like soon the breakout is to happen. Target is as usual difference of the box which i have marked with green marking. I have already posted some charts in same...
Bajaj Auto is one of the renowned names in 2 wheelers segment. If we look at this chart which is weekly it is showing that it has been in a consolidating phase since last Oct 2017 which is more than 3 years of consolidation. Now it is trying to go out from the consolidation zone. It has tested its resistance already for 4-5 times. Even in Monthly chart signs of...
Price took the box support currently @ the interim resistance, if breaks above then expecting to reach the top. positives - Q2 results.
This Stock has been consolidating near it's high's since July and created a box in simple terms and in other terms created a DARVAS BOX. Weekly Chart For the reference. If we look at daily charts it has been visible that since past few swings it is trying to make higher lows. and along with it if we look at today's volume it is very much visible that volume is...
Hdfc Life Positional Buy ~ 595, Stop ~ 560, Target ~ 650, 680
Trading inside the box. Expecting an upper breakout. CMP : 657 Target : 680, 700, 740
Intraday Nifty Future Sell ~ 11895, Stop ~ 11945, Target ~ 11780
Trading in a rectangle buy above 1131 sell below 1112
NELCO is in love with box price action. Prices consolidate in boxes and then breakout in either direction causes uptrend or downtrend. Earlier there was a downtrend post every breakout down from the box. Scrip is in uptrend now, and boxes are shifting to higher price levels. Next box will be parallel to previous box price zone. Breakout has happened yesterday...
Reliance up trend and some time side ways not continue next day and up and continue chart pattern next level date 10 oct. in 2500 and sideways continue
After a consolidation this stock broke the box at down side. Sellers can look for target of 5600 and buyers can look for opportunity of buying near 5600. Volume indicating a downfall/offloading . Keep an eye folks. This is just my view not any recommendation. Trade with your own risk and be cautious.
trading in sideways enter at 98.80 with a strict stop loss or else enter when box breakout upwards for a target of 111
For Education only first target 89.5 & second 105 Stop loss 73 trade activate after box breakout
If sideways break : Buy target - 11000 Sell target - 10500