Key points:- 1.) very close to give breakout from Rounding bottom Pattern. 2.) has given breakout from Inverse head and shoulder pattern 3.) Support near -370 4.) Target - 475-520-600 Only for learning purpose
In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading. Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing...
NSE:APARINDS Technically, on Daily Time Frame, it has made perfect rounding bottom pattern and also gave breakout of it from the level 596 where it had the neckline of it. And then it also took support from neck line level at 596 level. Now the next breakout level for this stock is at 700 level. This stock is for people who are looking for investing for...
I had earlier posted an idea on TATASTEEL on 13th June which was closed at cost. TATA STEEL has been in an uptrend, continuously forming higher lows. After the recent complex pullback, it seems rested and ready to move forward and challenge its highs and possibly make new ones. It has formed a continuation candle at the 20 EMA and is moving towards its all time...
🔴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...
* Two chart pattern completing at the same time High conviction set up .If it made above 200-day moving average gives more confident . * In daily time frame high volume buying initiated today that gives gives a bullishness sign . * Before the breakout this stock made a Ascending Triangle chart pattern and breakout with Significant volume .
* Multiple Chart patterns Breakout at a Time ( Inverted Head & Shoulder, Cup & Handle, Rectangle and Symmetrical Triangle chart pattern ) gives more confidence in upside . *If we look at the volume part, significant volume activity is witnessed at the time of breakout. *Price has also trading all the important moving averages. Considering all technical evidences...
CMP 977.4 TGT 1030++ OVER ALL ALL IT SECTOR LOOKING GOOD
(Intraday / Swing / Positional) Trade | RR 1:2+ | Type:- Pre - Breakout Reasons To Trade🤔 :- Stock Is In Overall Uptrend, Above 200DMA, Ready To Break- Flag Pattern / Falling Wedge = Both Supported By Fibonacci Retracement (50%) & RSI Divergence (With Good Consolidation). INTRADAY = Entry :- After Clear Breakout or Retest | Stop Loss :- What Suits You |...
Positional - Long Term Trade POSITIONAL = Entry :- 140-145 | Stop Loss :- 130-120 (Or According To Your Set Of Rules | Target :- Let It Show Weakness, Till Then Ride It. -- Look For Healthy Volumes . Or Get Ready To Exit The Trade. (Risk Must Be Managed.) :- Intraday & Swing = < 2% / Positional = < 5% (Good Risk Per Trade). Keep Your Eyes On Index Or Any...
(Intraday / Swing / Positional) Trade | RR 1:2+ | Type:- Pre - Breakout Reasons To Trade🤔 :- Stock Is In Overall Uptrend, Above 200DMA, Ready To Break- Channel Pattern (With Good Consolidation). INTRADAY = Entry :- 428.8 - 430 | Stop Loss :- What Suits You | Target's :- What Suits You SWING = Entry :- 430 | Stop Loss :- 423.5/422.3 | Target's :- 442 ...
HDFC life has given proper Inverse Head and Shoulder Breakout. First target - 780 Final target - 975 We might see some good resistance around 740. This is not a trade call. It is just my personal opinion. Take your SEBI advisor advice before investing/trading.
IOL Chemicals Trend = Uptrend Following pull back; wait for bullish breakout following blue line Rsi - Neutral Fundamentals P/E - 6 Sector - Pharma EPS - Higher than expected Buy levels - 402 Targets - 450/520
NSE:RBLBANK DEVELOPING BULLISH TRIANGLE BREAKOUT SET UP BREAK ABOVE 365
BREAKOUT POTENTIAL FOR NSE:M_MFIN ALL THE LEVELS MENTIONED ON CHART.
BEL has been a very broad range and going nowwhere but yesterdays close had a bit of volume in it. Tomorrow if BEL crosses 182.80-182.90 levels with good volume and RSI crossing to above 70 levels im going to buy it for targets of 183.95-184.40. Stops will be at the breakout candle low. If the trade risk reward ratio is uncomfortable its better not to trade it or...