Channelbreak
long term investment; min 70% returns; channal trend linefundamentally strong stock
channel: trading inside channel. Probability for bullish is high
midcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
trendline is not broken yet,
if you are intrested in investmet, go for it with small risk,
more possibility is there to breakout.
Channel BreakoutThe channel is a powerful yet often overlooked chart pattern and combines several forms of technical analysis to provide traders with potential points for entering and exiting trades, as well as controlling risk. The first step is to learn how to identify channels. The next steps include determining where and when to enter a trade, where to place stop-loss orders, and where to take profits.
Script = ICICI Bank
Time Frame = 1 DaY
USDINR channel pattern breakoutThere are chances of fall as the pattern has been building for 8-months and it is near breakout.
But RBI might step in and buy dollar consolidating the price. Be on the lookout and take trades accordingly.
Personal Bet: RBI steps in slowing in the price down. Have sold 82 PE for 23th Jun expiry @ 0.11.
banknifty#banknifty 15 min chart : confluence of poc and triangle support near 44000-44100 given good trading opportunity to buy on dip.
now upside gap near 44440
till it is above 44000 and poc (power of control)44100 .. it is in favor of bulls
buy on dip mode
note: above info is for educational purpose.
market is subject to risk.
2nd Post -Predicted In Afternoon but Didnt posted TATA POWER 216Tata power broke out the rising channel then falling down and will take support on the channel and will rise again till 215-216 which will be our first target. It looks like a medium level of risistence if it is broken we will see our next target at 222. startegy is to sell 40-50% stocks near 215-216, take stopless to 213-214 then sell 40-50% (might hold for more profit)at 222.
NOTE - ITS NOT A FINANCIAL ADVICE ITS MY STARTGY , AM NEW SO SUGGESTIONS , CORRECTION ARE APPRICIATED
SPANDANASPANDANA:- The stock is moving in the channel from 8 months, giving a fake breakout to the downside, the stock has given an upside breakout, if you find the stock between 646 and 655, then you can plan something, till then keep your eyes on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Will NIfty break 18200?Nifty 50 continuously trading in bullish momentum from the past week after getting the breakout of the parallel channel now moving toward the 18200 level.
18200 Level is a very important resistance zone 18200-18250 thus if this level breaks out we can see a very high probability to reach up to previous high.
17600 is acting as a great support for nifty.
UJJIVAN |Falling wedge /channel breakout - Has big room to rallyUJJIVAN |Falling wedge /channel breakout - Has big room to rally
CMP : 270
SL : 235
Target : 420, 500