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Bullish Patterns

BPCL- Bullish HARMONIC Buy Signal!Attached: BPCL Weekly Chart as of 17th March 2023 Going by Harmonics: A Bullish Anti Bat Pattern has got activated with this Week's Bullish Power Candle Close above 350. This is a BUY signal!🚀 Going by Dow Theory: We see that Price has also put in its First Higher Low of 314 since the Lows of 288 back in October 2022. This is a Sign of a Trend Reversal Structure. The Prior Trend was DOWN on the Weekly TF. Now it appears the Trend is turning on the UPSIDE. Coming back to the Harmonic Pattern, our Plan of Action for a Positional Trade is: Buy Entry triggered at Current Market Price of 351✅ Stop Loss can be placed below 52 week low which is ~ < 288⚠️ Upside Targets🎯 as follows: T1= 380 to 400 T2= 480 to 500 T3= extension beyond 500 level, towards Prior ATH / New ATH (Also do check out my related idea on BPCL which looks at the Daily TF) ........... If I were to talk about some Fundamentals, then BPCL also has a 4.5% Dividend Yield which is quite Attractive in a Rising Interest Rate Environment that the Global Economy currently is in And so it is also a Buy if you consider the Dividend along with a Capital Appreciation potential📈
NSE:BPCLLong
by T_Harth
DABUR --Bullish --Weekly Chart DABUR -- Weekly --Bullish Chart pattern setup TECHNICAL OBSERVATIONS . 1. DABUR seen bullish on weekly chart as chart pattern is higher high Currently . 2. Trendline support and channel support seen , Double bottom made on same support level . 3. CCI divergence seen on chart 4 . Trend reversal doji candle form at channel lower level support . 5. One can initiate Buy at channel support level 530-535 for target 550-580-600 POSITIONAL ( 1-3 ) Month stop loss 475 hourly /daily closing basis HAPPY TRADING !! ** THI IDEA IS FOR EDUCATIONAL PURPOSE .. ** trade at own risk ! HAPPY TRADING. !
NSE:DABURLong
by champtrade111
3
HCL Tech a clear winnerHCL Tech is a leading tech company that has been making headlines recently due to its impressive performance in the stock market. With the stock recently taking support from a disjoint channel on the daily timeframe, investors are beginning to take notice of the potential for a long strategy on this promising stock. In addition to this technical support, HCL Tech also maintains a healthy dividend payout that is uniformly distributed across the year, making it an attractive investment option for those seeking long-term gains. Furthermore, HCL Tech has also taken support from a previous level on the daily timeframe, indicating that there may be some underlying strength to the stock's current price movement. When combined with the company's strong fundamentals, such as its solid financial position and impressive track record of growth, it's clear that HCL Tech is one of the most promising tech companies in the market today. Despite being relatively underrated compared to other tech giants like Infosys, TCS, and Wipro, HCL Tech is quickly gaining a reputation as a top performer in its industry. With its impressive fundamentals and recent technical support, now may be the perfect time for investors to consider a long strategy on HCL Tech stock. By taking a cautious and informed approach to investing in this promising company, investors can potentially reap significant rewards in the years to come.
NSE:HCLTECHLong
by ujjwal_18
"GUJGASLTD" on the bullish trendNSE:GUJGASLTD has crossed the 200 DAY Moving Average and we can see it soon hitting : TARGET 1: 510.75 TARGET 2 : 512.75 STOP LOSS: 500.45 Disclaimer: The following information is for educational and informational purposes only and should not be construed as financial advice or a recommendation to buy, sell or hold any stock or investment. Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. However, the future performance of a stock or investment cannot be guaranteed based on technical analysis alone, and other factors, such as economic conditions and company fundamentals, should be considered when making investment decisions. Before making any investment decisions, please consult with a licensed financial advisor and conduct your own research to determine if an investment is suitable for your individual circumstances and risk tolerance. Past performance is not indicative of future results, and investing involves risk, including the possible loss of principal.{/i]
NSE:GUJGASLTDLong
by finogent
1
BHARTI AIRTEL -- MONTHLY ANALYSIS --BULLISH BHARTI AIRTEL --Monthly Analysis-chart setup -- Bullish 1. BHARTI AIRTEL as seen on monthly chart having higher top higher bottom formation setup last 2-3 years after resistance breakout above 500 level 2. Current month candle seen taken support at lower bottom of channel following channel around 740-750 sub level and last few session seen good upmove . 3. This is good entry level as per technical around 750-765 for target 780-800-850-880 as seen higher top of upper channel , and stop loss place bellow trendline support bellow previous month support candle at 699 4. stock currently above 200 HMA on monthly chart as well as golden cross of moving avg. ** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..* trade at own risk .! HAPPY TRADING !!
NSE:BHARTIARTLLong
by champtrade111
Chaman Lal : Looking Strong and Bullish Good Day , Hello Traders, CLSEL looking very strong and it had formed a big rounding bottom since May 2022 till now. It will take a little bit time to move ahead. Next possible target 136. One can stay long with Stop Loss at 100. Bigger target of 164 will come when it start sustaining above 136 and show more strength. Time Frame : Daily Disclaimer : I am not SEBI registered analyst, this is for educational purposes. Please trade as per your risk and do consult with your financial advisor before taking any trading decisions.. If you really like the analysis , please do comments, LIKE and Follow me.
NSE:CLSELLong
by Piscean17th