Please refer the diagram. This is a case of pure price action trading.
Triangle pattern is formed, it can break out if market sentiment is positive
This stock is looking very good and is near a whole number psychological level =~ 450. If this level is breached, it can be a good intraday opportunity.
Hey Guys, PVR has given a beautiful triangle pattern breakout today. This can be a good position to enter, if you wish for intraday/positional gains.
Axis bank is in ascending triangle at a breakout point. Above the mention price point it will give you some nice momentum but the view is invalid below 425. what can go wrong , If bank nifty fall drastically then this will get stopped out . otherwise everything align according to me , let the where the market goes.
Triangle Pattern is formed and it has given a breakout today. Given, the bank nifty is positive, this can continue its upward trend.
Trendline Breakout + High Volume. This can be a good breakout opportunity.
Follow for latest updates CMP- 190 Buy above 190 Targets- 194, 198
Triangle Pattern formation + High Volume = Breakout is Possible
We can see a clear Cup & Handle Classical Pattern formation, it can breakout if market sentiment is positive.
For the past 20 days, this stock has been in trading in range. If the market sentiment is positive, this can breakout of its trading range.
We can see there is a clear range breakout and the price is near whole number ( Psychological Level) ~ 3000. If Market sentiment is positive, this might be a good buying opportunity for intraday.
Explaination mention above -: I am bullish above 565 level . Firstly ,let the market to prove us that this stock has some bullish momentum . we can't buy right now because the picture isn't clear . we will only buy above 565 for intraday purpose till 585 level. because we can see minor resistance at 565 . As you see last trading session it make hammer candle...
The Resistance level has been tested 5 times. It can breakout if market sentiment is positive.
As mentioned in the chart, the asset has taken resistance at the same level 4 times and coming again ie the resistance level has become weak. A clear ascending triangle pattern and a chance for breakout if the market sentiment is postive. Cheers.
Buy Nifty Target of 11195 with SL 11650 The boring candle shows support @ 11675 considering this we can go long for Nifty with target of 11195 for 1-2 week trade NSE:NIFTY
The stock has many tail that is it shows price rejection. Already formed a triangle pattern break was up-direction. Then followed up with impulsive wave and corrective wave. Currently the stock is near the small support line. Below the support line 535 can be consider as bearish. Buy 538-540 level target 554 to 568. stop-loss 10 point or based on your risk.
Hi, ICICI GOOD SUPPORT ZONE... STOP LOSS 327.8 TARGET 1 354.5 TARGET 2 387