Notes: Been in a channel since 4th Feb. Currently hugging the resistance zone around 3212 (Only cause for concern is the set of small body candles with a bearish bias). Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
Bhansali Engineering Polymers Ltd. breakout from parallel channel pattern and retested Stop Loss @ 196.50 Target @ 212
Kajaria trading at ATH. 10% gain already from the previous post @930. Fresh Entry above Friday high and SL below swing low on dcb.
On a daily timeframe , i observed that it has given symmetrical triangle breakout and also formed inverted Head & Shoulder pattern. Also i could see MACD crossover . So in the coming days i expect that it may retest the trendline and move further upside. *This is only for educational purpose.. do your own analysis before making any investment..
BUY : 682 TO 657 TARGET : 837 Reason For Buying This Script : In this script has formed Elliot way in monthly time frame & in weekly waiting for triangle pattern breakout. Once it break the triangle pattern the price will go in upward direction. This is good quality script try to accumulate more. Once it break the 837 and close above 837 level in...
A stock trading at 40/- breaks out and moves almost 75% that is close to 70/- and it is taking its own time to settle down before the second breakout. Higher time frame there is no strong patterns to justify the break but in smaller time frame there is one. Price trying to break the 66/- level for the past 10 trading sessions and it breaks 2 times but meanwhile...
Powergrid Treneline breakout in the weekly timeframe. Entry upon retest in 230-240 range. Stoploss below the TL on DCB.
DRREDDY breaking out from 9-month consolidation, from falling trendline with rising volumes, RSI also breaking out also CNXPHARMA index breaking above all-time highs. Can expect immediate targets of 5800/6000.
Chart is self explanator, Can add near 390-395 levels for swing trades. Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do your own analysis before taking any positions.
Kopran is ready to breakout from 1 month of consolidation. Price Volatility is contracting from Left to Right creating a Volatility Contration Pattern. Buy Range: 204-234 SL: 8% max Target: 15% Note: Not a SEBI Registered analyst. Take the trades at your own discretion.
Alkem Lab has given a very good bullish signal and a breakout from the parallel channel pattern trap (August 2020 - June 2021) for past 11 months Its a good stock for a short term trading The Stop Loss for any conservative trader is 3028 The Target is 3678 After reaching our target, trail your stop loss to get maximum profit from the stock in a single...
Personally following this channel from long time.. It had give me good RR ratio for swing trade. All level are mentioned on chart.
One can expect a break up open as happened on GodrejCP with the same pattern.
Consolidation near the ATH and forming a triangle pattern when the company is dealing with Sputnik makes the price to break and move up. I am not used to listen to the news and trade accordingly but sometimes I confirm the break with the news.
Was expecting this move for a long time and because it was weekly time frame it took longer than anticipated but finally it happened. Trend line moving from the top will be the target for this break, again it may take more time.
Trend line break happened in the last session with three strong bull candles in 1hr time frame, which is a good signal for the up movement.