Short opportunity, price reversed exactly at Fibonacci 50%, looks like we might get one more fall, the target is green line, stop loss as per ur risk management.
A very good is identified in the lupin to retest the resistance level.checkout in the daily time frame.If it sustain above the trend line with strong bullish candlewe can enter at restesting of trendline always with strict stoploss.
BERGER PAINTS LTD --DAILY CHART SETUP -- BREAKOUT --Let's celebrate colors 1. DAILY trendline breakout seen above 575 sub level , 2, LOWER CHANNEL breakout seen on daily chart 3. RESISTANCE breakout also seen above 575 level 4. CCI , EMA positive crossover seen . 5. Moving Avg , MACD Bullish, RSI near 60 level, strong bullish . 6. BUY Above Resistance...
PRECOT (W):- A falling wedge is formed by two converging trend lines when the stock's prices have been falling for a certain period. Before the line converges the buyers come into the market and as the result, the decline in prices begins to lose its momentum. This results in the breaking of the prices from the upper trend line.
The stock is trading between lines, now again at the top level. if it breaks the channel may be bullish in coming sessions. Please keep it on the radar. Only for learning and sharing purposes, not a bit of trading advice. All the best.
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.
I daily make educational content videos for swing trading ideas
Seems titan is near a Breakout, Watch upcoming days for confirmation. Watch 2523 levels closely on a Daily closing basis, above the level can see another Rally
CUMMINSIND:- Ascending triangle pattern has been formed, stock has also given breakout, keep your eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas...
Vedanta's stock may be reversing its downtrend and starting an uptrend. Technical analysis shows a potential reversal head and shoulders pattern forming in the stock chart. This pattern signals a possible trend reversal when a stock is in a downtrend. It consists of three peaks, with the middle peak being the highest and the other two being lower and roughly equal...
NSE:CNXINFRA Infra index using 200 SMA as a support and taking off from a solid trend line. RSI is rising as well. Stocks like ACE & LT are gearing up for take-off
Previously 26 was acting as resistance for IRFS Then it broke that level with huge volume on November-2022. Right now it is retesting that level with very low volume, providing us with a good opportunity for positional trade. <<< Do your own research before taking any trades >>>
breakout with good volume buy - 96 sl- 90 target 118
Godrej Consumers has given a long awaited breakout above a 14 month long trendline. It went sideways for around 8 weeks before closing above the trendline on weekly basis. The BB is challenged and RSI has closed at 60, both are bullish signs. The consumer sector has underperformed in last 3 months and Godrej has been on of the best performers in this sector in...
Bnb is at crucial resistance in weekly time frame Can long after the closing of the candle over here
In the past times, USDINR is trying to hold its level and now we can see more rise above the levels Characteristics of Triangle pattern A pattern that has the following characteristics is more effective. + Before breaking out, prices need to touch both resistance and support levels at least twice each for the pattern to take effect. + This pattern gives a...
In the above chart, the price action goes like this. 1) 50-60% Fibo retracement zone - Stock after a substantial fall getting lots and lots of demand from this zone 2) Its fibo retracement - Used from a swing low to swing High 3) Its called a counter trendline - stock currently getting demand on the extended CT, as a result of breakout and bigger time frame...
ASTERDM Hourly has flag n pole breakout, Good to buy at 237 for target of 246,255 with sl below 230