Channel-reverse
jubilant food it is facing resistence
it does mean by i am giving call to you, not like that when you see the price come to support level so that if are a invester in this stock again you can Invest your money in a lower level and if you are a trader you should look at proper Regections and Breakout
Always follow Risk and Position Management❇️❇️
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RALLIS INDIA Daily chart pattern analysis 01.12.2021RALLIS INDIA as per daily chart pattern analysis iam very surprised to find the stock has not shown any sign of recovery after hitting the support levels and once it breaks 243 level then next support level is at 238 and next is placed at 232 level. I hope tomorrow being bullish the stock should reverse from here and consolidate to move upwards.
Motherson Sumi - Reversal from channel bottom🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Will SRIPIPES Remain within PIPE (Channel) or Break Out ??? Explained in Charts
Just a View
Disclaimer : Purely My View & you can Add yours
Arvind Wash'n Rinse patternPrice has broken out of the channel but got rejected immediately at the resistance and closed below the channel. It looks like a good trade able Wash and Rinse setup. One can short the stock if the recently made is affordable and can expect the target around lower boundary of the channel. It offers reasonable reward to risk being taken.
RCOM Buy Ascending Channel. RCOM price movement are forming a beautiful upward channel. Today's touch at lower boundary offers a good opportunity to go long at this level. Low of last swing would be a good protection so could be used as a Stop loss. It offers a good possibility to reach the upper end.