AIA Engineering 'Triangle Pattern' Breakout T1 @ 2078 T2 @ 2189 T3 @ 2299 StopLoss: below the trend line
On the Daily chart, the share has formed Cup and Handle which once break can show the phenomenal result. Trade as Per Risk: Reward with proper Target and SL.
Notes: Cup and Handle formation started on 2nd March. The latest candle (formed on 9/6/2021) showed a strong breakout from a channel consolidation in the handle part. It also broke and closed above the top end of the cup. Could expect a retest/consolidation of the top of the cup before resuming any upward move (since the breakout was not supported by a...
Hello Everyone, Let's have a look at the technical weekly chart of Alok Industries, you can see that Alok Industries has given a range breakout above 26.50 with strong volume. Alok Industries stock was trading in the range of 19-26 for almost a year and now given break out. Today also the stock has hit a low of 25.25 and with strong price action made a comeback...
Chart is self explanatory. NOTE: The stock hasn't given a breakout yet, it is on the verge of the breakout. Hence, I have marked both the possibilities using the white arrows. Green lines shows targets. STOP LOSS: 50 (assuming buying level 58 after breakout TRAIL STOP LOSS FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS!
A clear Inverted Head and Shoulders pattern can be seen on the weekly charts, indicating bullishness. A breakout of the Inverted H&S pattern is seen. Further, a breakout of the 2 year long resistance point accompanied with a retrace is seen. (OPEN THE CHART FOR DETAILED VIEW) LEVELS: Entry: CMP (860-861) Target 1: 918 Target 2: 972 STOP LOSS: 802 (Closing...
CASE 1: On the weekly charts of torrent pharma, it is seen that CMP is at a very crucial level (the purple zone). This zone is a good resistance zone. Also, if you look closely, CMP is also trading at an important Fibonacci Level. This too shows that price may come down from this point or may obey the purple zone and may fall after touching the upper range of the...
On the weekly chart , a multi year breakout has been witnessed. The overall picture suggests a cup in formation.
ALBERTDAVD Daily: CMP LOOKS GOOD FOR MORE UPSIDE 1) 4 Time VCP 2) 1 year Trendline Breakout + Retest 3) Pharmaceutical Company
It is clearly seen that weekly breakout had happened last week, plus a daily breakout at the same time, showing the aptness of the breakout. Also, volume never lie. 😉
Pnb is making beautiful cup n handle pattern with testing the resistance trend line too, one can take positions for target upto 60.
I JUST LOVE WATCHING CHARTS DANCE THAT'S ALL :) 💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope...
CONSOLIDATION ABOVE THE MONTHLY RESISTANCE AND A BO AT D CHART = GOLD MINE :) IT'S A GOOD STOCK WITH A GOOD BO AT D CHARTS IF 9% RISK seems more than don't trade or trade less qty as per your risk-reward. TARGETS: 18% and then so on :) 💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year...
💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel...
A very good pattern breakout 5% to 6% risk in the trade is there :) 💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them...
Skipper LTD CMP 82.75 Buy For Target 100-140-160-185+ Add More If Get @ 70 SL Below 50 Holding Period 1-2 Years