Panacea Biotech Limited is touching monthly channel bottom.
Ideal holding period - 1-2.5 years
Projected gains = 200% - 225%
Stoploss on closing for 2 months below the channel.
** Material only for reference. Assess your risk before entering any positions.
Do 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...
Moving in channel and it could break upside as far as Im expecting.
Wait for confirmation and Goo.
Please like and support if you find this analysis any good
correct if somethings could be improved
thanks.
🔴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...
Do 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...
Since 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%,...
🔴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...
Piramal 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...
Thermax is halting at really crucial level if it gives breakout can be a good trade .All the details about Trade have been explained in the video.This is just for educational purpose
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%
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)
PETRONET | Flag formation , looks good for 24%
CMP : 256 (Dip till 250 as we have recent Flag support)
SL : 245
Target : 280, 315
1:3 risk reward setup for first target
(Attached weekly chart in comment section for the second target view)
BERGERPAINT broke the channel pattern, but recovered and about to go for a breakout.
LONG RISK REWARDS are mentioned in the chart.
Target - 655.8, 670.15
SL - 639.35
