ICICIPRUMoving 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.
Channeltrend
ONGC long position can be madeAs you all can see what the chart is showing, we can make long positions for upcoming trading sessions.
Go with the cahnnel and sl below previous candle. Do your own analysis as well.
Breakout from channelOn hourly chart, stock broke the channel and is ready for upside.
If you initiate trade, keep SL as 707 TP - 743 and 752
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
BEL - Channel Pattern break - ATH🔴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
Nice bullish flag In PVR A bullish flag pattern can be seen forming in PVR. Either one can long and short in the channel itself or can wait for the breakout with good volumes. RSI is also showing good signals which acts as a confirmatory tool for our trade though nothing is certain in the market. Its a total price action analysis if we ignore the rsi.
TATA CONSUMER PRODUCTS - CHANNEL PATTERN BREAKOUTTata Consumer Products Stock about to breakout from Channel Pattern which can be a bullish pattern. So, we can expect the stock may go long.
Please check the chart for details. Mentioned clearly about the support and resistance points (if applicable).
I am learning as well. so please analyse the chart by yourselves before taking any decisions.
Criticism always welcome
Buy opportunity in BOSCHLTDStock Moving in an uptrend based channel pattern and currently taking support at the demand zone good opportunity for buy on swing trade basis
Buy Fortis HealthBuy Fortis Health Stoploss 226.50
Stock is Trading in Upward Channel in Higher High and Higher Low Formation
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
BANK NIFTY ANALYSIS FOR 10-06-2021Do not Trade in between 35200 - 34980 .
Buy Above 35850 for the Targets marked on Chart
Sell below 35670 for the Targets marked on Chart
Make Selling Entries only when the treadline will perform break down .
If Market gives a buying opportunity , take the target only for the level of Upper Tredline .
My View for the Market is Bearish for Tomorrow's Expiry .
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 .
BTC : ABC WaveThis is likely to be a C wave structure, once it’s breakout the diagonal channel it is likely to fall at 42000, before that I have drawn few minor support levels
BERGERPAINT - About to go UPBERGERPAINT 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
BankNifty November Future AnalysisBanknifty is in uptrend. I think Banknifty increase from 20th November to 24th November(30562 to 29300)
Banknifty Continuously 3 days increasing and next day(4th day) falling. Falling will be 0.6 Fib retracement. I think 25th November banknifty will be fall from 30615 to 29300.
Banknifty moving in Channel Pattern.
But at 605 - 615 range buy at the channel support for 605 - 615 range.
PS: Only for educational purpose.
Will the Channel Prove itself Again?Will the Channel Prove itself Again?
Nifty shows early signs of exhaustion after a series of positive daily closes. At yesterday’s session, the index slipped after teasing the psychological level of 12,000. Surprisingly the index faces this early resistances from the same old channel which lead the erstwhile sell-off in mid-September’20.
Considering the underlying trend and momentum I do not see a serious sell-off from current levels but a short-term price correction is very likely which is healthy for the over-all UP trend. The sell-off of mid-September’20 came after a short-term bounce back in a down trend. But the current market situation is a lot different from that. So I do not expect any sharp sell-off, but some price consolidation for sure.
Trade Well. Trade Wise.
AUBank Bullish BiasBreakout from Channel
Safe players can buy at 765 & above
Can be bought if it Retests at the breakout levels
Buy at 720/725 levels
Stop Loss 650 Levels
Target 765
Target 820 levels
