This idea is 2nd follow-up to Siemens
You can check the Link to Related Ideas - Trade activation explained at levels of 2400 ( Symmetrical Triangle BO in detail )
Talking about Targets - Target 1 was the Symmetrical Triangle Bo Top node. Target 2 was a Fibo extension created from 2530 to 2200, extended levels were Targets.
Disclaimer: The information...
Astral limited was in consolidation mode since last 4 months, but now it seems like it is moving out of the box. If stays above 2412, it has upside potential of 16-18% (depth of the box)
This is just for educational purpose.
Price getting ready to break the box with strong green candles after making a double bottom, this indicates this time it will definitely break the box and reaches the next resistance levels as marked.
If CNXAUTO breaks the ATH then these Bull stocks also moves along with that flow, choose your stock easy !!! :)
Newgen soft is in a range of consolidation for last 5 months, a good breakout above 645 with volumes will give a long entry.
Relative strength is above 0 and we will wait for the value to come above 0.10 for more strength
RSI is bullish above 60 in daily time frame
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
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.
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.
BEL has closed an all-time high and testing the resistance near 194, if crossed and sustained above 194 then it can show a good upside till 225
RSI > 60
Has taken box breakout on the daily chart
Short Term Trade Setup:
Entry: 189 to 192
T1 = 205
T2 = 220
Duration = 1 Month
PS: One can add this as investment stock as well for long-term
Note: This is just...
It's Been a while since I posted . Planning to be back :)
Tcs is breaking out with multiple patterns that we can look out.
Let's Look at some patterns:-
Another Pattern:- Cup and Handle or Call it rounding Bottom
And the most underrated but most powerful of all:-
Main chart is showing the price action it has created. It has...