Channel breakout + Retest Done + 50% Fib retracement tested + RSI @ 56 = Good buy with a great R:R . Don't buy asap ; wait for some duration as market has gone up without making a red day, so have patience and buy when price comes near buying zone. Target 1 and 2 are easily achievable but Target 3 is a little hard so book 60% till tgt 2 and let the profits run...
Textbook double bottom pattern at neckline test. The stock also strictly followed a downtrend while respecting a channel. Possible breakout supported by following points : 1. Double bottom confirmation 2. Fundamentally strong stock 3. Channel breakout
educational idea seamec we expect the stock May go for given target levels to inspire us,Please like the idea If you agree with the analysis
BINANCE:BTCUSDT BTCUSD: Descending Channel View: RSI Bullish divergence in 4H time frame indicates possible resistance breakout. So, BTCUSD will enter in the zone. Long for short term. If channel breaks then reversal confirm for at least 10 % upside Pattern : Descending Channel. What is Channel Trading? When trading a channel, you use parallel lines...
2 Rounding bottoms in making.... Volumes have increased B/O from weekly ascending channel Promotors have increased stake. CMP: 48.75 rounding bottom 1 Target: 77.40 Rounding bottom 2 target : 128 SL:27.45
Do watch above 528 Chart and levels only for education purpose
We can see channel breakout on 75min frame in MARICO. We can go long above 504(200ema + high volume area). Targets are mentioned in the chart itself.
1) Firstly pretty good channel breakout 2) And successfully Retested the trendline with low sell off candles 3) You can aim for 530 levels for the target (i.e 1:2) and keep your stop loss below the breakout candle. 4) I gave the target levels in this trade. Actually, I don't set the target, I do take exit depending on price-action (and it varies from the person to...
Channel pattern formation on ADANI ENT on a 15min timeframe ! Target should be around 1820₹ ! 🚫Disclaimer: I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments! Thank you!!! 😊😊😊
Weekly Timeframe: Horizontal Channel Breakout and retesting Daily Timeframe: About to Break Falling Channel Great Risk-Reward on cards!!
Biocon is in consolidation for a long at a crucial resistance. It may create a good risk-reward upside opportunity. Keep an eye out!
Channel breakout above 170 RSI crossing above 55 will give bullish momentum
We are witnessing a bullish momentum in nifty, OI data has turn bullish. Technically price has given breakout in downward channel. 17200 holds important support and upside 17600 holds crucial resistance. If nifty holds above 17600, we can expect the completion of this correction. But considering current scenario, I expect nifty to trade below this level for one or...
Nifty trying to breakout of flat pattern. Watch on clb for positional.
JSW STEEL as per daily chart pattern analysis is inside the channel and once it breaks above 680 level then target 690 level is achievable and also the stock has a multi month resistance level at 700. Monthly and weekly chart being bullish the stock should move uptrend.
As you can see the stock already broke the previous channel pattern and made a small consolidation. Now it breaks the consolidation high. Now one can enter based on D candle closing, plan your entry according to your risk management. Note this not a call only for educational purpose.
MAYUR UNIQUOTER as per daily chart analysis has broken the multiyear resistance line and also broken the channel and above 512 level and target 520 is achievable.
NOCIL as per daily chart analysis has just breaking its down trend channel and it has strong resistance at 250 level and its broken then target 265 is achievable.