Butterfly is getting ready to fly in the sky so don't miss it... this stock is consolidating since the month of April the trendline is also valid because it touches more than two times so if you get any opportunity in lower time frame catch it
The metals sector was down today due to a news regarding China's cut down. But Jindal Steel and Power fell below a strong support today. The stock price is currently stopped at 0.618 Fib level (drawn from previous low-high). Should investors hold or sell to take losses? *New to the trading. Any pointers, advises and resource recommendations are welcome.
#niftyfmcg FMCG sector potential "volatility expansion" on Bollinger band and "W breakout" pattern if breaks out of neckline with momentum forming a" range shift" from sideways to bullish definitely a sector to watch out for.
Hindunilvr Breakout from channel pattern in Daily chart with supporting volume. Entry upon a retest of the breakout area would be a good RR setup for swing traders. Plan your risk first.
SOBHA | Triangle breakout - Looks good for 35% in short term CMP : 500 (Dip : 470) SL : 450 Target : 650, 680, 730
May see a massive uptrend if the price closes above Rs 2615 on the daily timeframe.
charts gives the indication before the bigger trend starts... nifty started its upward journey by making low 16163 with doji on 11th aug 2021 after that given number of confirmation to add longs... and went on to make high 16702 now again nifty made doji at top and doji low 16672 broken down with confirmation candle given 1st hint of correction than back to back...
Just Dial is consolidating in a very short range at a support level which was previously acting as a resistance for the price to go up.
Pioneer Distilleries Ltd- Weekly Chart- Cup & Handle Breakout CMP 149.3 Buy For Target 180-200-230-250-320-400+ SL Below 120 (Long Term Investment)
Bank nifty has been consolidating in a narrow range of 34093 to 36230 that is 6%, and if we look carefully there is a trendline from may 2020 which bank nifty respects and takes supports from, and in the past 10 days it has hit the upper poart of the channel that is 36230 on 7 occasions so we can expect a good move in bank nifty when it comes near to the trendline.
BIOCON | Flag consolidation breakout occuring - 15% CMP : 417 SL : 400 Target : 445, 470
ITC has a breakout from triangle pattern. Go long and place your stoploss below the upper trend line of the triangle
Is stock in Uptrend? - Yes Is it showing Demand? - Yes Are there good volume delivered? - Yes Is stock showing Relative Strength? - Yes Did Company's Qtrly performance increased? - Yes
Breakout with volumes can be seen on the daily chart. Can wait for good retracement for the continuation. PS: This is my own view and analysis, not a suggestion or a recommendation. Plz analyse before trading!
A Bullish Pattern formation, in the longer time frame(weekly & monthly). The resistance line getting weak with repeated tests.
Bullish divergence met target &daily rounding pattern breakout in progress and weekly approaching a very wide weekly W pattern breakout neckline. Cautious of a weekly bearish divergence emerging &use tight stop loss at rounding pattern neckline
LINDE INDIA LTD. Chart Structure: - Price approaching All-time High. - From Feb. to April '21 stock rallied about 100% and took a breather of around 20% - Stock is consolidating for the last 4 months, forming a weak Reverse Head & Shoulder type of pattern. Volume & Deliveries: - Last 18 sessions witnessed huge volume activity in the stock. - Total Traded...
This is follow-up on Fiem Industries. Can check link to related ideas. Target 1 achieved. More than 28%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...