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Bullishpattern

APTECHTAPTECHT:- Head and shoulder pattern is formed on weekly chart, breakout candle is also strong, wait for retesting, if you want to plan something, take care of all time high 449.75, 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.
NSE:APTECHTLong
by AjayDhakad_Keep_it_simple
GODREJAGROGODREJAGRO:- Ascending triangle pattern is formed, breakout is found, movement to the upside can be seen, 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.
NSE:GODREJAGROLong
by AjayDhakad_Keep_it_simple
PostMortem on BankNifty Today & Analysis of 28 APR 2023I almost believed in everything that happened today, but not after 15.00. The spike seen on the 15.00 5mts candle reminded me of some cryptos that trade out there. Even NSE:NIFTY had that unusual surge. I was monitoring all 8 nifty50 stocks - and could not believe a bit of it. It may been due to the month end rebalancing but it took me a while to get my grip on things. The opening candle was red - just that. There was 1 attempt to break below 26th closing prices - but we recovered pretty quickly from that. For a change the option prices had some zing today making me believe that we are going to have a down day. For 5hr 35mts there was no clear indication of the direction, but the momentum was helping NSE:BANKNIFTY drift higher. And then the 15.00 candle happened. I was checking my twitter feed to see if Russia called off the war or not. What really changed was the way option prices behaved - most of them would have caught off-guard. The premiums jumped 50% to 95% in this quick 5 to 10mts. --- Nifty50 on the other hand was already having a positive momentum right from the start today. The last 30mts move helped it cross the 17976 resistance with ease. I still dont think its a short covering bounce - it should be rebalancing by the institutions. --- 15mts of banknifty is showing a flattish slope comparing nifty50, but do keep in mind it was banknifty that helped nifty crawl out from the fall it had due to NiftyIT from 17th April. --- 1hr has taken out the 43012 resistance today which is another win for the bulls. The next resistance of 43253 was kissed but ran out of time. I know how exactly the bears are feeling like, because I am one of them. Monday will be a holiday, still no one wanted to take the money of the table. Usually such high euphoria wont last - till then its better that bears like me hibernate.
NSE:BANKNIFTY
by viswaram
ALLCARGOALLCARGO:- The descending triangle pattern has formed, if there is a breakout of the trendline, then the movement of the upside can be seen, till then 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.
NSE:ALLCARGOLong
by AjayDhakad_Keep_it_simple
Triangle Pattern breakout in CamlinFrom the past two years stock has been forming triangle pattern, finally it has given breakout from this pattern with good volume. From the current price level price may correct a bit as we can expect profit booking at this level. If price closes above 181, we can expect a bullish momentum in the stock. All the possible targets are mentioned on the chart. Stop-loss can be maintained as 150/121 depending on your risk appetite. This is just a view, not a trade recommendation. Do your own analysis before making any investment decision. Do like, share and comment your view on the chart. NSE:CAMLINFINE
NSE:CAMLINFINELong
by KaravaliTradingZone_Official
2
Possible trend breakout in Railtel?From the past few months stock was in a down trend, now it has finally given breakout from its consolidation. Previously price level of 105-108 was acting as a resistance, now price has closed above this level indicating a possible shift in the trend. If stock manages to sustain above this price, we can expect a decent rally in coming days. All possible targets are marked on the chart. Stop-loss can be maintained at 96. This is just a view, not recommendation to trade. Do your own analysis before making any investment decision. Do like, share and comment your thoughts. NSE:RAILTEL
NSE:RAILTELLong
by KaravaliTradingZone_Official
Possible trend breakout in LXCHEM?Stock has been consolidating from past one year after a giving a strong rally of more than 300%. On 19/04/23 stock has finally given breakout from its downtrend. Price level of 275-280 which was acting as immediate resistance for the stock has been broken. In this week, if price manages to close above this level we can expect a decent rally in coming days. All the possible targets are marked on the chart. Price level of 250-220 should act as immediate support. One can maintain stop loss at 200. About Fundamentals of the company, Laxmi Organic Industries Ltd is primarily a B2B business, currently operating in two verticals namely, Acetyl Intermediates (AI) and Specialty Intermediates (SI). The company is one of the India’s largest manufacturers and exporters of ethyl acetate, with a market share of approximately ~30%. Also, it is India’s only manufacturer of diketene derivatives, with a market share of approximately ~55%. The upcoming fluorochemicals (FI) vertical is under capitalization. This will attract more investors in coming days. This is just a view not a recommendation to trade. Do your own analysis before making any investment. Share your opinion in the comment section. NSE:LXCHEM
NSE:LXCHEMLong
by KaravaliTradingZone_Official
2
HDFCBANKHDFCBANK:- Cup and handle pattern has formed, wait for breakout, plan something only after breakout, till then keep an 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:HDFCBANKLong
by AjayDhakad_Keep_it_simple
BAJAJ-AUTOBAJAJ-AUTO:- Ascending triangle pattern has formed, wait for breakout, till then 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.
NSE:BAJAJ_AUTOLong
by AjayDhakad_Keep_it_simple
DLF. - Elliot Wave - Ongoing ImpulseHello Friends, DLF has been showing sharp upward movement for a few weeks. It has completed a major degree of correction, which seems to be a significant up move impulse. 3 internal wave of impulse is going on, targets are the marked basis on fib extension on 1-2 internal wave. 3 wave seems to be an extension, it has already crossed 1.618% levels. Move is expected to continue until 5 Internal wave is completed and then we will enter into correction of this wave.
NSE:DLFLong
by KunalSaxena10
ZYDUSLIFEZYDUSLIFE:- Ascending triangle pattern has formed, wait for breakout, till then 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.
NSE:ZYDUSLIFELong
by AjayDhakad_Keep_it_simple
2