Channelline
BURGER KING DAILY CHART ANALYSIS 09.12.2021BURGER KING as per daily chart analysis is the downtrend channel and once the stock breaks the channel above 170 level then target 180 is achievable.
BANK NIFTY ANALYSIS FOR 17-09-21Do not trade in between 37800 - 37550
Buy Above 37800 for the Targets marked on Chart
Sell below 37550 for the Targets marked on Chart
Make entries only when the price action is suitable respecting to the trendline
Take Entries when Market sustains above / below our levels
Avoid entries , if there is a Huge Gap Up / Gap Down
Take Entries as per Price Action
** Only for Educational Purposes
( As you all can see our daily Analysis , Bank Nifty is respecting all our analysis with treadlines and Support & Resistance Lines )
PLEASE DO LIKE , COMMENT OUR POSTS
ICICIGI - Watch out for the Breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
BANK NIFTY ANALYSIS FOR 28-07-21Do not trade in between 34720 - 34830.
Buy Above 34830 for the Targets marked on Chart
Sell below 34720 for the Targets marked on Chart
Make entries only when the price action is suitable respecting to the trendline
Take Entries when Market sustains above / below our levels
Avoid entries , if there is a Huge Gap Up / Gap Down
Take Entries as per Price Action
** Only for Educational Purposes
( As you all can see our daily Analysis , Bank Nifty is respecting all our analysis with treadlines and Support & Resistance Lines )
PLEASE DO LIKE , COMMENT OUR POSTS .
LT : Cup and handleSince 2010; Prices are trending between channel, which is drawn with yellow colour trend lines but since 2015 majority of time, prices took support at green trend line. In recent past it has Developed cup and handle price patten. You can see the decreased in the volume at handle part which suggest accumulation and handle part has retraced approximately 38.2%, which ensure the good support and healthy trend. Let the price settle over 1600 then 1650 to ensure multi year break out and confirmation of price pattern. Major support is green trend line. Duration of target is 6-8 months. Here, Need to understand the nature of the stock for such big target and duration, LT stock majorly fluctuates on news, earnings and contracts. Nature of the business doesn’t give recurrent cash flow currently they are trending because they have received huge contracts.
Motherson Sumi - Reversal from channel bottom🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
PEL - Channel pattern breakoutPiramal Enterprise had taken a good breakout from its channel pattern and also retest done, so give an entry with appropriate Stop loss only after its breakout
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
PVR | Small channel swing opportunity for 18%PVR | Small channel swing opportunity for 18%
CMP : 1378
SL : 1280
Target : 1620
Almost 1:3 risk reward.
NIFTY | Running on a ladder ❤️ Wish we dont gap up tomorrow NIFTY | Running on a ladder ❤️Wish we dont gap up or spoil the channel by open
CMP : 14890
SL : 14840
Target : 15006
Simple setup - But the momentum the channel / wedge is broke downside, we can expect some sharp fall due to profit booking. We can immediatley accept SL on longside and short to 14700, 14400 levels as it has some gaps to fill.
CRISIL | Channel support / Swing again, looks good for 16%CRISIL | Channel support / Swing again, looks good for 16%
RSI divergence in smaller time frames - attached in comment section
CMP : 1898
SL : 1850
Target : 2200
Almost 1:7+ risk reward setup
(P.S : This stock has poor volume, hence be cautious about slippage and violant moves)
Equitas - Target 55.4I'm bullish based on the below technical analysis factors.
i) Double Top is completed
ii) Channel bottom is gazed and moved upwards from it.
Entry Pint - 41.5
Target - 48.05, 55.4
SL - 38.5
LONG RISK/Reward Ratio - 4.54
Investors outlook on channel for trading:The separation between the two trend-lines needs to be wide enough if you want to trade inside the Price Channel Pattern.
If this is the case, you can buy at the channel support level and sell at the channel resistance level.
This is a more powerful and fair way to gauge what the price is doing.
This is because you’re looking to determine upwards and downwards price limits that contain the price.
The Chart pattern on M&M:Channels are used broadly by technical traders to identify and follow the trends of securities over time.
channel is one such charting pattern that technical analysts will use to evaluate the trend of a security.
In general, channels can be used to pinpoint optimal support and resistance levels to buy or sell securities.
Head and Shoulder:
In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns.
Don't take any action till conformation.