👑 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 bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
NIFTY (DAILY):- Stock consolidating in a strong trading range between horizontal resistance and supporting trendline Highly probable ascending triangle on breakout or highly probable triple top on breakdown Keep track
* Previously this breakout its major resistance with extremely high volume in weekly chart . Now pullback its support zone and trading near its support . After breakout Resistance now act as a Support now .
KOTAK MAHINDRA BANK looks bullish. The flag pattern about to see break out. it is taking support around 1400. MACD indicator is also looks saturated wait for break out and take the call accordingly. Check the chart for levels.
Multiyear channel resistance breakout is seen in this chart, if you look at the chart, every time the price touches the end of channel it reverse to the other end of the channel and vice versa. This time a comfortable breakout is seen in daily and weekly chart, we must wait for the confirmation in month chart also.
we can clearly see that the price broke out of a strong trend line with lot of selling pressure so we will wait for some kind of pullbacks to the fib levels to see a perfect bearish setup
Break-out from up flag pattern: 1. target of 250 expected in a week or two.(250 is lifetime high) 2. may test 200 again(a great entry level). Looking at the great momentum in metal stocks, it will definitely go above lifetime highs.
BUY : 306 TO 295 TARGET : 428 Reason For Buying This Script : In weekly time frame it is forming trend line & channel line pattern . Don't get panic it has good fundamental company. Once price close above the 428 in monthly time frame and the next target up to 574 . Note : Above given levels are based on monthly & weekly time frame . So be...
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
NSE:DLF 1 DAY TIME FRAME POLE & FLAG PATTERN BREAKOUT WITH RETEST RETEST ENTRY HEALTHY ENTRY FOR SWING TRADE TARGET & STOP LOSS AS PER YOUR RISK THIS IS ONLY FOR EDUCATIONAL PURPOSES.
fresh breakout possible in upcoming week.
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.
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.
BHARTIARTL on the verge of long awaited breakout testing the first trend line. Volume almost dried out in past few days. Major resistance- 538.5/539.5/545. Buy above 545 for the targets of 570 | 585 | 600 | 615 Second largest player in Telecom sector. Expecting Fresh volume in stock. RSI gave breakout on daily chart. MACD gave positive signal. ...