Bullish Patterns
MazdaltdTriangle breakout from mazdaltd
it may try to go into uncharted territory
though this is illiquid stock but we were able to enter earlier
MOHIT IND Hourly looking bullishMOHIT IND Hourly has inverted head and shoulder breakout/trendline breakout with 200 ema support on hourly candle. Good to buy at 19.20 with sl below 16.10 for targets of 31.85
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This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
Tata Communictions Falg BreakoutA Bullish flag and Pole breakout has been confirmed with very huge volume on the daily chart of Tata Communications.
Daily & Weekly RSI both are in bullish zone.
One can crete fresh position in Tata Communcations at 1610 or below with a stop loss of Rs. 1510 for a target of Rs, 1910.
The risk to reward ration is 1:3
Exit the position if the stop loss triggered on DCB.
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Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
Dabur indicates the start of a uptrendChart type - Heikin Ashi
Time frame - Weekly
Indicators Used:
1. Moving Averages
2. Fibonacci Retracement: Marked by Swing Low of 503 and Swing High of 597
Analysis Notes:
1. The price has successfully tested the retracement level of 50% which is at 548. Now the price has given the breakout of its retracement level of 38.20%.
2. The moving averages didn't breakdown the retracement level of 38.20%.
3. A green HA candle momentum candle also gives a closing above the moving averages.
Resistance - 573.70 (23.60% retracement level)
Price Prediction: If the price holds the levels of 575 then it will test the levels of 600
Note: Daily chart works best for entry and exit in positional trades.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. The material here is purely for educational purposes.
Thanks
Sardar Simranjit Singh Virdi
DRREDDY, 1D Forms Bullish MarubozuNSE:DRREDDY Dr. Reddy's Laboratories is an Indian multinational pharmaceutical company based in Hyderabad. The company was founded by Kallam Anji Reddy, who previously worked in the mentor institute Indian Drugs and Pharmaceuticals Limited. Dr. Reddy manufactures and markets a wide range of pharmaceuticals in India and overseas.
DRREDDY forms Bullish Marubozu on support zone of Weekly TF
Entry : 5673.8
Target : 5890
SL : 5540
RR : 1.6
SBICARD, 1D forms Bullish MarubozuNSE:SBICARD SBI Cards & Payment Services Limited, previously known as SBI Cards & Payment Services Private Limited, is a credit card company and payment provider in India. SBI Card launched in May 1998 by State Bank of India and GE Capital. In December 2017, State Bank of India and The Carlyle Group acquired stake in the company.
SBICARD gave BO of Bullish Marubozu on 1D TF
Entry : 851
Target : 890
SL : 813
RR : 1
EURUSD AT DECISIVE LEVELShould the price drop to 1.0667 and subsequently rebound, it's advisable to verify this move on the hourly chart. In this context, validation entails monitoring the Relative Strength Index (RSI) for two key conditions: it should enter the overbought zone, and a distinct buy signal should emerge (Buy OB). Once these criteria are met, consider entering a long position, while exercising caution by setting a tight stop-loss at 1.0635 .
If the price breaches the level of 1.0635 , it is advisable to liquidate all existing long positions, as this indicates a potential break in structure.
AdanientAdanient was in trouble but We saw rapid recovery in afterwards here is the ideas attached which shows if Adani break the resistance and close the candle only and only then we can see further recovery in the stock otherwise we can see further fall....
What's your view on this? Bullish or Bearish?
HONAUT, 1D forms Hammer after a dwntrndNSE:HONAUT Honeywell Automation India Limited (HAIL) is a ~$350 million+ company listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). It was incorporated in India in 1984 and its registered office in Hadapsar, Pune. HAIL is a leader in providing integrated automation and software solutions, including process solutions and building solutions. It has a wide product portfolio in environmental and combustion controls, and sensing and control, and also provides engineering services in the field of automation and control to global clients.
HONAUT dorms Bullish Hammer after a downtrend on Daily time frame and gave closing above it.
Entry : 39941
Target : 41100/41400
SL : 38600
RR : 0.85/1
Sun pharma,1D formed Bullish MarubozuNSE:SUNPHARMA Sun Pharmaceutical Industries Limited is an Indian multinational pharmaceutical company headquartered in Mumbai, that manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients in more than 100 countries across the globe.
Sunpharma gave BO of Bullish Marubozu candle on Daily TF.
Entry : 1136.9
Target : 1169
SL : 1099
RR :0.85
Chalet hotes IHNS breakoutChalet hotels has given an inverted head and shoulders breakout. Currently, stock is consolidating above the neckline.
A retest of 400-405 levels can give a good indication that the breakout is genuine and one can expect at least 100 points move which is the length of right shoulder. Long term targets can be 250+ points which is the length of the head.
SL is deep around 30 points at 375 levels.
Note:- Idea is shared only for educational purpose and should not be considered as a recommendation.
ICICIPRULI, 1D formed hammer.NSE:ICICIPRULI ICICI Prudential Life Insurance Company Limited is a life insurance company in India. Established as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited, ICICI Prudential Life is engaged in life insurance and asset management business.
ICICIPRULI forms bullish hammer on 6 sept,2023 and gave closing above hammer on 7 sept,2023 on support line.
Entry : 547.15
Target : 560.5
SL : 530
RR : 1.06
RADHIKAJWE Daily looking bullishRADHIKAJWE Daily has trendline breakout/flag and pole breakout with 200 ema support on daily candle. Good to buy at 37 for target of 43.45 with sl below 34.30
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This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.