Get started

Channelbreak

Trygin Tech bullish BO of 14 Month long Consolidation A bullish breakout of 14 month long consolidation in NSE:TRIGYN . Daily & Weekly RSI both are in bullish zone. One can crete fresh position in NSE:TRIGYN at 122 or below with a stop loss of Rs. 110 for 1st target of Rs. 133 and 2nd Target of Rs. 144 The risk to reward ration is 1:2 Exit the position if the stop loss triggered on DCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME. I AM EAGERLY WAITING FOR YOU COMMENTS ON THE STUDY... Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
NSE:TRIGYNLong
by raigvivek
28 Aug ’23 Post Mortem on Nifty - critical juncture 19310Nifty Analysis Contrary to the expectations, today turned out to be a boring day. The open was right at the SR level of 19310, still it was gap up as our prior close was near 19250 levels. Even then the resistance breach did not come then, we had to wait till 11.15 for a 5mts candle above the SR zone. BankNifty was looking in tremendous form today, we will discuss that separately in the analysis below. Due to this Nifty was also staying afloat, the real breach of resistance came at 12.30 only. And it looked like we may break out from the channel today. But by 14.05 it became quite clear that we will not have a break-out today. Surprisingly Nifty gave a final close below 19310 which still gives hope to bears. On the 1hr chart - things are still not clear. There is an overlap of 2 technical patterns. 1. Walling wedge 2. Bearish channel Most importantly the 19310 support/resistance stands in between. A break in support may cause Nifty to follow the bearish channel. Whereas a breach in resistance will give Nifty breakout momentum as it exits the falling wedge. I wish to go with a neutral stance for tomorrow till we get some clarity.
NSE:NIFTY
by viswaram
DBREALTY FOR MORE THAN 100% IN NEXT...Stock: DBREALTY Timeframe: Daily chart Current Price: 134 Channel Breakout Level: 136 Trade Overview: In this trade idea, we'll analyze DBREALTY, a stock that is poised for a potential breakout of a 2-year channel pattern on the daily chart. The presence of a strong bullish volume surge, coupled with a bullish outlook for the real estate market, enhances the conviction for this trade. Trade Plan: 1. Entry Strategy: Enter a long position if DBREALTY' price breaks above the channel breakout level at 136 with a decisive bullish candle. Confirm the breakout with strong bullish volume, as observed in the last 4-5 days. 2. Stop-Loss: Set the stop-loss just below the breakout level, around 115. This level should provide reasonable protection against potential false breakouts. 3. Take-Profit Targets: Set take-profit target 1 at 200, take-profit target 2 at 240, and take-profit target 3 at 300. Consider taking partial profits at each target level while allowing a portion of the position to run for potentially higher gains. 4. Risk Management: Given the potential for substantial gains, manage risk diligently. Allocate only a small percentage of your trading capital to this trade (e.g., 1-2%). As the trade progresses in your favor, consider trailing the stop-loss to lock in profits and protect against sudden reversals. 5. Additional Considerations: Monitor the broader market trends and real estate sector indicators to validate the potential for a sustained bull run. Stay informed about any company-specific news or announcements that could impact DBREALTY performance. Factor in potential resistance levels that might impede the stock's upward movement. ===================================== Note : This trade idea is for educational purposes only and should not be considered financial advice. Always perform your own research and consider consulting with a financial professional before making trading decisions.
NSE:DBREALTYLong
by ZoneFlow
Long- Nifty Infra Broadening Wedge FormationNifty Infra: The Index was consolidating from April' 09 - Feb' 21 within a channel of 2164-3729 as upper and lower bounds respectively. After Feb'21 the index broke out from it's 12 year consolidation and had a steep surge to 5381 levels as 42.54% gain within a year on monthly charts. Since January 2022, the index has been forming a Broadening Wedge Pattern in an uptrend and is near its crucial resistance of 5173 where it has faced some supply pressure. The readings from indicators and Trendline support and resistance levels shows that index may breakout from from the upper bound of 5100 on trendline where it has faced selling pressures since 8 months now and the rally may take this index to 6046 levels within a year with a 20+% gain. The trend looks strong but keeping in mind any headwinds if supply side pressure continues in next month the index will again return to it's movement in the broadening wedge with 4200-5100 as upper and lower bounds respectively. //For Research and Educational Purpose only
NSE:CNXINFRALong
by chandakpulkit
1
Banknifty levels for today 17/07/2023Good Morning Traders. Banknifty still trading in channel, i was expecting breakout for upside but nothing happened on friday, NIfty seems very bullish, today again it has made another new highs at 19641, i think now banknifty should also accelerate from here, if this happens then breakout is possible and huge spike we can see in today's trading session only. Well let's see what is happening, we will trade according to levels ony, my all levels are very similar to friday post. But still i am posting. Important levels for banknifty:- Buy above 44936 if levels get sustained at least for 15 mints. Targets we can see in upside 45052/45158/45232 Keep Stop loss at 44728 Note:-Banknifty have support in a range of 44425 to 44475, so if Price take support in this range and make any kind of price reversal pattern then that levels could be also to go long from there. keep stop loss at 44270, if this gets executed. Sale below 44618 if levels get sustained at least for 15 mints. Target we can see in downside 44450, If support gets breakdown then next support we can see somewhere 44270. Keep Stop loss at 44728 Note:-Banknifty always gets rejected from upper range of Descending channel, so if today also we see any price rejection and we see any kind of price reversal pattern at top of descending pattern then we can take short entry. keep stop loss at 45125, it this gets executed. Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:BANKNIFTY
by TraderRahulPal
4
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
NSE:TATAPOWERLong
by ramanku990
1