NSE:LAXMIMACH Broke longterm resistance line at 8400. An Inside candle Pattern dated 5th Oct 2021 is also broken. The volume that's seen on 14th Oct 2021 was never seen in the last 6 months.
LOW 200 SMA SUPPORT Volatility on alts is very fast, especially doggy coin. BUY THE DIP Great opportunity to catch a scalp towards the higher end of the range. Doggy coin is moving sideways, trading rangebound. down 20% from most recent push upwards. Take profit around .26 or move SL at B.E and let ride
Key Point : - Pole and FLAG - Moving average crossover - Support and Resistance - Favourable R:R
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Another Typical price pattern getting ready for sharp move on the upside. HDFC BANK Price Retraced from All time High, Retracement is 18.5% from top approximately. As of now price is forming Higher-High structure on Weekly chart's & now Broken Out of Triangular pattern decisively. Price movement will be sharper once we closed above All time high on Daily...
DAAWAT (aka) LTFOOD | Trendline breakout - Looks potential for 16% CMP : 71 SL : 67 Target : 82, 90 Almost 1:4 risk reward setup
M&M : CMP 775.45 trade set up : buy above 783 keeping stop loss as 760 on closing basis targets : 805/843/867/912/940+ technical buy based on : 1. triangle 2. breakout concept 3. volume 4. bullish engulfing 5. trend line resistance breakout
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
TATACOFFEE | Small channel breakout - Potentially 13% CMP : 215 SL : 205 Target : 240 1:3 risk reward setup
Currently metal sector is down other sectors are on high so prefered metel now metal also break-out so take a entry for swing trade.
Bank nifty is making higher highs indicating an uptrend, After consolidation about 10 days bank nifty was given Breakout and closed. Today market closed above yesterdays high so there is a chance that Banknifty will see 39000 level Tomorrow. *Always Enter With good confirmation & Maintain proper Risk Reward. **********Educational/information purpose only...
It has been observed that the price action breaks above strong resistance level of 500 level and also a consolidation over 100 weeks (700 days), indicating a sustainable strong movement ahead. Another big news in market that promoted this breakout is the initiating plans of "online alcohol delivery" in selected states. This may increase the revenue and growth of...
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Reliance is ready for big move… Reasons/Traits : • 0.236 Fib levels support can be seen • Taking support at 13 EMA • Consolidation during uptrend can be seen • Bullish Cross Doji formed today (bullishness) What can happen next : Scenario 1 : If price break 2435 then can go up to 2480/2500/2550/2600/2650 Scenario 2 : Stock if breaks the 13 EMA support and 0.236...
JKCEMENT Long Strong candles with good volumes Short term resistance breakout Buy at CMP- 3340 SL- 3220 Target- 3580, 3675 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Edelweiss has been consolidating for a long time after the big bull rally it had and now it has not broken the support and resistance, the pattern looks clean so keep watching as the stock moves above 85.
Jai Corp looks really good forming a symmetrical triangle and it will be breaking out in short period of time