BITCOIN - Rectangle Parallel PatternBITCOIN 4-hr. Chart Analysis
After 21st June, #Bullish Pump from $24.7k to FWB:31K , it is moving properly from $29.8k to $30.8k in Rectangular parallel Channel from last 20 plus days and it indicates the #Bullish signal for CRYPTOCAP:BTC to next move in Upwards towards $33.5k soon up to 17-22 July and from 25-27 July it will be again in Reversal from that point towards FWB:27K last time and moves bitcoin in sideways into August.
Always #DYOR & Trade wisely by using #StopLoss
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Bullishpattern
Hero motor corp about to fly!!Nifty auto is forming a great chart pattern.
One of its contributors, hero motocorp is showing a good pattern with the first fib target of 3300-3312. Myself entered in call options today early in the morning. Looking at the movement till now, confidence increased to hold till july end!
Bullish setup for sure. Lets hope the bulls support us on this :D
this chart has somethin.........................................Hi,
What is your view on this chart. I found the chart very interesting as the trading zone of the current cosolidation followed in the past also.
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.
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Rising Channel
📌 Symbol/Asset: Chola Fin Holdings
🔍 Description: Stock is bouncing back from good support of channel and EMA
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
📈 Exciting Bullish Pattern Alert! 🐂📌 Symbol/Asset: Aditya Birla Fashion
🔍 Description: Very Bullish, If it breaks the resistance of 315-316 and sustains above it.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
UCO BANK bullish run starts. Entry at 28Rs
1st target 45Rs
2nd Target 59Rs
Next average at 24.50
No need any stop loss .
Again huge trendline breakout in all PSU bank . Just hold it till Dec 2023 and You will see one after one all target on the chart.
You can invest blindly in this counter.
It can multiple your investment from here. Anytime you can see 20% upper circuit in this stock
RELAXORELAXO:- Wait for breakout, Upside movement can be seen, keep an 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.
JINDALSTELJINDALSTEL:- Stock is about to give breakout, may see downside movement
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.
Bulish Flag & Pole B/O in Z.F.SteeringA bullish Flag and Pole B/O has been seen on the weekly chart of BSE:ZFSTEERING It is als consolidation within the Ascending Triangale also.
As per the current breakout structure of flag and p [ole one look in to it to create a fresh position at cmp with a SL 590 for first target of 690. The tragts may be more hisher when it gives the breakout of the Ascending Trinagle. I will update accordingly.
Exit the position if the stop lss triggered on Weekly closing basis.
The risk reward ratio for the trade is 1:2 and more if ascending triangle breakout happen
Expecting a small favour from you to like, sahre and prmote the idea.
Your comments are most welcome.
The idea is for Educational Purpose only.
TATAMOTORSTATAMOTORS:-The stock was following a parallel channel in May, first it gave a below breakdown, trapped the sellers and gave an upside breakout, if the price sustains above 513, we may see upside momentum. Keep an 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.
SBINSBIN:- Head and shoulders pattern forming on the hourly time frame
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.
"HCL Technology: Bullish Reversal with Inverted Head & Shoulder"Description:
HCL Technologies (HCL Tech) has formed a visually striking bullish head and shoulders pattern on the price chart, indicating a potential upward trend. Traders and investors may find this setup appealing for potential trading opportunities
Key Points:
- Pattern Type: The pattern observed in HCL Tech's chart is a bullish head and shoulders pattern, which is a reliable trend reversal formation.
- Entry Range: Consider entering the trade within the range of 1160 to 1175 for optimal risk management and potential profit capture.
- Stop Loss: To safeguard against adverse price movements, set a closing basis stop loss at 1100.
- Target Levels: The price targets for this bullish setup are 1360 and 1470, offering significant upside potential.
Disclaimer:
Please note that trading and investing involve risks, and it's essential to conduct your own analysis and consider market conditions before making any trading decisions.
BITCOIN at Descending Broadening WedgeBITCOIN 4 hr. Chart Analysis
As per present CRYPTOCAP:BTC movements in Descending Broadening Wedge Pattern, that starts from last high of CRYPTOCAP:BTC on 22 June at $31.25k, its finishing point is around 12-15 July and it will be the last time next ATH of approx. $32.8k to $33.3k and get reversal very fast towards FWB:29K -$30k, before $33.5k mark that is another strong resistance & Support of previous timings.
Also, as per FIB extension move, it will be rejects once in July to for Bearish Zone and up to august Bitcoin goes in Sideways, while Altcoins will be start to performing well this time.
Always #DYOR and Trade Wisely with #StopLoss
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Reliance inds- parallel channel- swingDon't be aggressive
.
if there is possibility for bullish--
entry: 2520
target-2550-2600-2640
.
If down trend starts
entry:2480
t1-2450-t2-2400
.
possibility for stoploss hunting will be there.
.
Don't trade in "no trade zone"
Trade carefully.
.
after breaking green box mentioned,
trend will be confirmed.
.
.
refer old ideas.