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Channelbreak

Bankbaroda | Breakout of channel pattern for 66% 🎯⭕ Positional Trading opportunity ! weekly Chart Alert !!!⭕ --Buy above =67.60 or CMP --Target = 112.60 --Stop-loss = 52.20 --R:R =2.92 --Expected Profit = (66 % ) --Expected Holding = 1-3 Months only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕Technical Reasons to trade or Strategy applied :- ⭕ 1) Bank of Baroda has given the breakout & possibly retest again so, one can wait for it or else buy a little quantity here & buy more after retest 2) Volume activities in all the psu bank is very large & they can show a big move ahead 3) Target is based on the pattern height 4) 36 weeks of Accumulation with double bottom Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:BANKBARODALong
by ReviveTraders
14
Tata consumer having more potential to go upafter breakout of regression channel tata consumer given a great up side move and agene it consolidating with big candles expecting one more up side moves with good intraday moves chart its self is self-explanatory When price closes outside of the Linear Regression Channel for long periods of time, this is often interpreted as an early signal that the current trend might be ending and a trend reversal might be near. To draw the Linear Regression Channel, simply select the beginning of a trend and stretch the indicator to another point of the trend. The three lines of the Linear Regression Channel will self-adjust depending on the top and bottom of the trend.
NSE:TATACONSUMLong
by RA_Dongre_Ji
1
Channel Breakout in Genuspower In a Weekly Chart of Genus Power Infra there was a possible Channel Breakout with a good volume. 93 price was the high in the year 2008, currently stock at 105 which already broke 93 Price level and tomorrow if it closes above that level then there is high chance price can reach 184 range. Already there was huge volume at breakout there is high chances of price would close that level. If Price comes around 98 it is a good chance to buy or to do average. 85 Looks strong support, So stop-loss would be below 85 Price Level. It is Purely Technical Call, Do your own analysis before investment.
NSE:GENUSPOWERLong
by KaravaliTradingZone_Official
BTCUSDT : RSI Bullish Divergence in 4HBINANCE: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 connecting the swing highs and swing lows of a market’s support and resistance. The most common method to mark a channel is by using trendlines. The swing highs that are marked by the trendline are known as the channel’s resistance levels. The swing lows that are connected to create the channel become the support level. We can use a channel to find support and resistance as the price continues to move higher or lower. How to Trade Descending Channel ? Sell at Resistance, BUy at Support with Price Action Confirmantion. We can use Channel to find potential breakout trade with stop loss. RSI indicator can be used to find possible bullish divergence for reversal Trade.
Long
by FalgunPrajapatiTrading
AVADH SUGAR ENERGY (NO INDICATORS - ONLY PRICE ACTION)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 person's conviction) 5) still if you want to set a target then go with 1:2 or 1:3 risk reward 6) Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market) NOTE: I only use a simple Strategy that always gives superior returns, Don't get carried away with all the complex strategies that are in the market. Complex doesn't necessarily mean good. IF U LIKE MY ANALYSIS GIVE IT A LIKE AND COMMENT IF U HAVE ANY DOUBTS .......
NSE:AVADHSUGARLong
by ONLY_PRICE_ACTION