Bullish Patterns
CHAMBLFERTCHAMBLFERT:- The stock was running in a parallel channel, if seen, the stock was running in a down trend, but the stock has also given a breakout of the upper side trendline of the channel, and the lower support is also good, if it gives a breakout of 306.25 level, then we Upside moment can be found, plan something only after breakout, till then 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 to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
JK TYRE --Bullish --Long Term JK TYRE --Weekly chart -- Bullish Technical indicators '
1. Weekly chart find lower channel breakout after correction 140 sub level , Stock seen upmove towards 200 + level an corrected again around 140 level where find retest breakout support, recently .
2. stock at cmp 164 level trading at upper channel at higher high an higher low chart pattern .
3. Weekly RSI seen enter at bullish zone above center line .
4. CCI , EMA crossover seen at center line move above center line will extreme bullish .
5. Stock above 24,35 HMA near Crossover at trendline support, and trading near 200 HMA line .
6.All this indicators look bullish turnaround in price , mid to long term Period entry at cmp 162-164 level for mid term ( 6 month) target 175-200-220 and long term ( 1 year ) target 250-300 . stop loss bellow strong support line 135 at daily candle closing bellow level .
** THIS IDEA IS FOR EDUCATIONAL PURPOSE . ** Trade at own risk .!
HAPPY TRADING .!!
MANAPPURAMMANAPPURAM:- Ascending triangle pattern is formed, breakout is found and if it comes out above 132 then you can plan something, till then 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 to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Zydus Lifesciences - Daily. CMP 444After a 200 EMA cross, it again tested 200 EMA and has bounced back forming a Cup and Handle on charts.
Above 454 closing, expect targets of 487-511-532-572-650.
SL would be a closing below 390 on daily charts.
Always use trailing SL in your profitable trades.
*This is just a view, trade at your own risk.