Possible short opportunity Gave the breakdown today. However, no pullback yet after breakdown!
Might retrace or halt and then give a moment!
Good R:R!
Breakdown
Worth Keeping a watchMoving near value area. Might give either side opportunity.
Worth keeping a watch.
Short at breakdownSeems to be good short opportunity.
Breakdown with volume followed by consolidation.
Moving in a channel Moving in a channel from a long time.
Might respect the area, giving long opportunity or might break lower end, giving short opportunities !!
Worth keeping a watch.
Worth Keeping a watchMoving in a channel.
Might breakout to complete the channel or might breakdown, breaking the channel.
Worth keeping a watch!!
GODREJCP ON TRENDLINE SUPPORT Godrejcp is taken support on trendline; Wait and watch if it hold at this trandline.
Biocon: H&S BreakdownThe price action is saying that this breakdown might fail but still we have to be prepared for both the sides.
Read the H&S educational post attached to this idea.
Please do not consider this idea as a tip.
It is an analysis for the traders who want to learn practical technical analysis.
Do like and comment.
Regards
Breakout OR Breakdown??Trading near all time high (ATH).
Unable to break resistance level but also respecting trend line making higher lows with same highs (wicks)!
Worth keeping a watch!!
SBICARD will move in channel or give a breakout or breakdown????If SBICARD will move in channel BUY from Support & SELL from Resistance , either it gives a breakout so, increase your Buying Quantity, OR if it give a breakdown so, Sell all your Quantity and BOOK YOUR PROFITS.....
RISING WEDGE BREAKDOWN - BEARISH SETUPStock has given a clear breakdown from a classical rising wedge pattern.
Accumulation of sellers in the last three sessions can be clearly seen in the volumes. RSI<60 suggests that buyers' have now lost momentum and sellers could be dominant for few coming sessions.
It may retest the above the trendline and then continue the downfall. So wait for the right price action before you enter into a trade.
Discliamer: Take this view for educational purpose. Trade on your own risk.
Happy trading. Happy investing!
ShortSeems to be a channel breakdown + stock is in longterm down trend.
Can be good short opportunity !
ShortTested the area multiple times + facing rejections while going up + stock is in long term down trend.
Might be a good short opportunity !
