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Bullish Patterns

Positional Long in JK PAPER - (Detailed method to trade below)NSE:JKPAPER This one is giving a breakout from what looks like an inverse head and shoulder pattern, which hints at continuation of the ongoing major bull trend in the stock. Breakout has been accompanied with good bursts of volume activity. Also, it has occured on a day where major indices and the broader market is considerably weak. Pattern targets come at 510, with two different SLs which one can take. A tighter SL below the low of the breakout candle where also lies the 20 Day moving average gives a R:R of 1:2.4 A deeper SL, below the latest swing low, where also lies the cluster of 50 Day & 100 Day moving averages, as well as the monthly pivot point, also gives a decent R:R of 1:1.7 Ill tell you how I trade this types of breakout where it is a bit extended or the ideal entry point is just out of reach. I would buy half of my desired quantity right now, and wait for the day end to get confirmation of the breakout to build my desired position. In this way, there is less fomo if it continues to burst upwards, and you can then add further qtys as it consolidates again and makes new highs. If it falls back, re-tests and then rises again, then this gives you an opportunity to build your other half of the position at a lower rate and bring down the average cost. If it falls back and fails to bounce again / gives a false breakout, then with you being only half the desired quantity, you'll lose lesser than usual too!
NSE:JKPAPERLong
by aniketkulkarni500
Nifty: On expected linesNifty first instance has taken a fall from the opening levels. Again if you see the chart we see it respected 21 day EMA. In my yesterday's post I had mentioned that Nifty first needs to protect 18114-18080 odd levels and my first take would be Shorting Put options. Accordingly 25 Jan expiry Put short has been initiated at 140 The same has been updated in my yesterday's post at 9:34am. Now Nifty needs a close above 18244-18262 odd levels on hourly candlestick basis... We wait patiently and let's see what we have got in store now...
NSE:NIFTYLong
by indiamarketoutlook
Infy: Chart set up and trading viewInfy - the stock is managing to hold on to gap zone levels - important support levels 1480 / 1444 / 1433 - 20 day EMA and 63 day EMA at 1562 and 1545 respectively Given the setup, one may consider to sell Infy January expiry 1460 Put option The strategy has a profit potential of 10% on Margin requirement and provides protection for a fall up to 1437.5 odd levels ( covering most of the known risk on charts) Do let me know if you find the analysis and insights helpful. Like and Follow for more ideas like these...!!! Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can be wrong again in future too - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:INFY
by indiamarketoutlook
Abbott India LimitedABBOTINDIA:- Stock has given breakout by forming cup and handle pattern, keep on eye. 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.
NSE:ABBOTINDIALong
by AjayDhakad_Keep_it_simple
NIFTY: ANALYSISNifty looking bullish as for now. us data has been good and market is all tank for up further move. Forget to share this chart yesterday, else you all guys would be have seeing good profit today. nifty was trading in channel past few days it has broken retested. 19000 levels can be easily seen and new highs are coming this post is just for educational purpose . do your own research before taking any trade and consult your financial advisor please show your support by following me on here . it will keeps me motivated for posting quality content
NSE:NIFTY1!Long
by GyanendraMishraa
Long trade in GE SHIPPING - Consolidation BreakoutNSE:GESHIP A long trade looks good here in GE Shipping as it has broken out of a consolidation, or also a ascending triangle pattern. Breakout occurred with good volume activity. Chart shown is the hourly chart. Pattern targets come out to be at 770. SL can be kept below the breakout candle low, which will give a R:R of 1:3, or below the weekly pivot, which gives a R:R of close to 1:1.75. Volatile stock with a good bid-ask spread so take that into account as well to manage risks!
NSE:GESHIPLong
by aniketkulkarni500