GUFICBIO is ready for it's next swing, it has an upside potential of 16-18% The company has really nice fundamentals and has been technically a compounding stock. I see a good entry point at the current price. We can look at a 1:2 risk reward.
GLAXO - Monthly breakout and retest. Great fundamentals.
HDFC BANK near channel low As per chart HDFC BANK is near channel Lower Band. can we expect some Bounce Back from this lower band ?
SBI CARDS & PAYMENTS Key highlights: 💡⚡ ✅On 1 Hour Time Frame Stock Showing Breakout of Downtrend wedge Pattern . ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 885+. ✅Can Go Long in this stock by placing a stop loss below 832-.
EICHER MOTORS Key highlights: 💡 ✅On 1 hour Time Frame Stock Showing Reversal of Downtrend Channel Pattern . ✅ It can give movement upto the final target of Above 3275+. ✅Can Go short in this stock by placing a stop loss below 3191-.
Chart pattern looks prudent and paving way for the above titled short view REASONS 1. Apollotyre has been trading inside the Expanding Triangle ( shown below - Monthly wholesome view ) 2. Now, it seems it has finished the upswing move and ready for downswing inside the channel . 3. Weekly time frame shows the Ascending channel in which it is...
Chart patterns convincing me to publish this above titled opinion REASONS 1. UPL has been trading inside an Expanding Triangle pattern(10 year- from 2013) taking support and resistance at perfect levels till now. 2. Currently it is under the down swing move inside the pattern 3. Pink trendline from 2020 acting as support, Bears trying to get break...
Chart pattern insist me to go with the opinion titled above Reasons 1. Oberoi realty has been respecting the channel pattern. 2. Now, it has given BREAKDOWN on Weekly timeframe out of 2.5 year old Trendline support!! (Channel too breached) 3. Volume too seen supportive for the down move. 4. Day candle closing out of the blue trendline will make our exit...
Chart pattern does pave way for the above titled opinion Reasons: 1. INDHOTEL has been trading inside an Ascending Channel pattern for the past 2 years , taking support and resistance at perfect levels till now. 2. Currently it is going through the Downswing move(in the form of descending channel pattern forming lower high and lower lows) inside the major...
The 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,...
TCS Channel Pattern Breakout Warning.. May be good time to enter and book profit for shorter period, Recently TCS have produced amazing results in recent quarters.. So Hoping breakout from channel patter for longer timeframe
Chart pattern insist me the above titled opinion REASONS 1. DELTACORP is trading inside a expanding triangular pattern . 2. It is seen respecting the pattern till now. 3. Currently , it is in the upswing move(in white channel pattern ) inside the expanding triangle pattern. 4. DECEMBER 23 & 26 candles make the Bullish harami pattern at the perfect support...
Key highlights: 💡⚡ ✅On 1D Time Frame Stock Showing Breakout of channel pattern . ✅ Strong bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 930. ✅Can Go long in this stock by placing a stop loss above 786. ✅ breakout this can give risk:reward upto 15%+
SRF is travelling in a Descending channel pattern . Now, it is at crucial point for either Breakout or Breakdown!!! Make it to Watchlist !! Will update the levels once it gives the movement with volume!! Let's wait and watch how it moves!!!! Note - Just sharing my view.....not a tip nor advice!!!!
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In 1hr time frame, Nifty is travelling in a descending channel pattern (as shown in chart) . If the next hourly candle breaks down out of the yellow trendline, we can go short!! 18000 being psychological support, we can increase our quantities after 18k breakdown!! Seems like Nifty is respecting the channel , Let's see how it moves!!! Target and SL levels...
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VEDANTA as per Daily chart Analysis is in the Channel Pattern. Shareholders of Anil Agarwal-led Vedanta will consider a proposal on oct 11 2022 to transfer ₹12,587 crore from general reserves to retained earnings for further distribution as dividend to investors. The special dividend of Rs 12,500 crore is likely to be Rs 33 to 35 per share.