Channelbreak
Inverted_HEAD AND SHOULDER PATTERN IN BHARATFORGEThere is the formation of an inverted head and shoulder pattern formation and channel Breakout in the chart of Bharat Forge also 50MA may cross 200MA soon and show GOLDEN_CROSSOVER but need to wait long and analyze the chart from time to time
Not any financial advice just learning more and letting others learn if any suggestion pls comment blow thanks
Dhampur Sugar 2yr BreakoutThe entire sugar sector is on an upmove.
Other sugar stocks are also breaking out.
This has tested the resistance once,
but sellers couldn't push the price down by much,
which means absorption is happening near breakout.
SL: Below Breakout Candle.
Tgt: Break of Hourly 20MA on the down side.
DAAWAT LTD has broken a channel pattern || BUY ORDERHi everyone, welcome to the setup
1. We can see a good volume breakout from the channel pattern.
2. Clean retest with low red volume candles.
3. A 16% upside move is expected from here which is the height of the channel as well.
I have taken a cash buy-in this and the expected time to reach the target is 1-2 months.
Feel free to like the post and ask any doubts if you have regarding this trade.
Thanks,
Abhishek
Gold - Channel break expectedPrice after the big up movement falls down considerably to form channel pattern and now one can see that the price reached the support level and moving up strong.
Price is expected to break the channel top and move forward as the pandemic getting ready for the second phase !!
Gold will be the only option for the investors as the index collapses !!!
VINDHYA TELELINKS Positional ViewNSE:VINDHYATEL Levels are Mentioned in the chart... Look for Swing
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
Chart of the Week (10/04/2021)This week we have an amazing Chart in the form of Gujarat Alkali. Keep Stop Loss at Rs.380 and all successive targets are marked on the chart. Gujarat Alkali is a chemical company and it deals primarily in Basic Commodity Chemicals rather than Specialty Chemicals. Thus, the business is cyclical and we must exit on technical basis rather than getting stuck in this one for ages.
VIP Industries Channel Break NSE:VIPIND Levels already mentioned.. Buy above 415 on closing basis..
Appreciate our work by like, share and following..
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks
Havells long term analysis ! As shown in chart, havells gave good momentum after double bottom formation, and broke descending channel with massive volumes.
Possible targets as per 1w time frame analysis:
1) 1350
2) 1415
NOTE: This Analysis Based On 1 Week Time frame,
Targets May Achieve Within Period Of 3 to 6 Months.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.