Rectangle forming on Daily Chart of ELGIE EQUIPMENTS. BUY CMP/225.10-> 250. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
We discuss potential stocks provided by you guys only in my DMs and comment sections so give your stocks in comments and DM me for tommorows video :) 👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are...
Dhani services good breakout can be bought for long term targets of 275,300+
The stock was moving in an ascending channel for a few weeks now, making higher highs and lower lows. Traders can buy the stock at cmp as it has broken above the upper channel line of an ascending channel. The move was well supported by significant rise in volumes, which confirms the authenticity of the breakout. Considering the weekly charts, the next...
Last 2 days had decent volume and price has broken support clearly and decisively. New Range - (1430 - 1540 - 1620 - 1680) MFI decreasing rapidly Rising volatility (ATR), also check IV IF breaks back above 1685 then this view will need modification. Lets see.
Company came up with superb Q1 results. Technically also looking bullish. Strong pullbacks in last few candles after breakout. This post is for information purpose only.
NSE:KABRAEXTRU Today on daily time frame, it has closed above yesterday's high and also closed above 21DMA. If it trades above 516 then it will be a good opportunity to buy and we can see good up move in it. Keep this on radar.
#bharatelectronics #BEL rounding pattern connecting more than 3 year old resistance and could be a breakout candidate. momentum bullish and Trend indicator rising on all timeframes. Trade only on confirmation with tight stoploss. bearish momentum divergence exit on short term.
- 2020 High Breakout and Retest done with Huge Volumes. - Accumulative volume before Breakout. - Spread chart breakout. - Stock already outperforming Nifty50. - Most of the Breakout Volume happened after 02:10 pm, which signifies huge delivery-based buying. - Positive Q1 Results. (+170% QoQ & 230% YoY) Worth keeping an eye upon.
BILCARE LTD (BSE)- Weekly Chart- Cup & Handle Breakout CMP 67 Buy For Target 83-120-150-170-210-300-400-500+ Buy More If Get @50-55 SL Below 40 Holding Period 2-3 Years
Breakout has happened in Jindal Saw from the trendline yesterday. Today Pullback is completed and can go long above 145. Can be taken positionally too.
Eveready breakout of triangle pattern in daily TF. Looks good for swing traders at cmp : 360
Chart is self explanatory. Entry, Targets and 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 consult your financial advisor before taking any trade.
Hey folks !. Support zone and resistance zone already plotted Gave breakout from monthly trendline Take your trade accordingly. It is just my idea. Company profit has increased in year 2021 but has low mutual fund and fiis holding. Fundamentally it look little bit risky to me but technically standa strong. Gave a like to boost my confidence. Thanks!
Etherium has hovered from 1700-2400 range for a while, touching 1700 support thrice. However, it is the very first time that the price has crossed 55 EMA on the daily chart. With this EMA acting as a support line and positive news about Etherium's utility, it's only a matter of time that the 2400 resistance will break, setting a new target at 2900. The...
EURUSD Daily Chart Breakout The Price Action Pattern Make a breakout in Daily Timeframe.
The stock has shown breakout of the declining pattern of descending triangle, can be bought for targets of 1450 and 1500, the next 2 resistance zones. P.S: This idea is for educational purposes only and should not be construed as an investment advice.
The stock broke out of the pattern today, supported by high volumes. Considering that the results are expected tomorrow, they can either play a spoilsport or add fuel to the fire and take the stock easily to its 52W high levels. Supporting technicals: RSI: 68 ( Bullish but not overbought) MACD is above its center and signal Line, this is a bullish indicator P.S:...