EXPLANATION : This is a 1 hour time frame chart of IBULHSGFIN , It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on IBULHSGFIN .
If you like this analysis give a Like // Follow for more updates , let me know in comments below :)
Jullundur Motor Agency
All studies explained in the chart
Pattern is not a matter,just try to understand the psychology behind it.
dont blindly follow me guys,here may be I am wrong.Just try to understand , what the stock telling to u. If u can't understand anything in the chart.Just leave it.
study before investing🙏
HINDUSTAN PETROLEUM making an Inverted head and shoulders pattern ON 1D chart. It has crossed the resistance of 280 which acted as barrier for it since last 3 months. Now it is looking for a bull run if sustain above 280. take entry above on successful retest of its breakout as drawn in the chart. stoploss will be below last swing ie 263-260 and target will be...
Ascending triangle pattern
Stock near 20 dma high.
Good volume green candle.
Near horizontal resistance breakout.
Buy above 1483 for target of 8 to 10 percent.
Stoploss is below last good volume green candle.
Risky people can put sl below 20 dma low.
This is only for education purpose.
EXPLANATION : This is a 1 hour time frame chart of SBIN . It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on SBIN , I am expecting a target of more than 7 % here . If give a strong breakdown and broke its trendline support &...
we could see ripple rising to some point and then correction to area of interest where i personally will go long .
Disclaimer: This is just my analysis and you must take financial advice or do your own research before investing.
Thank you
ps; I am still learning please let me know more on this guys.
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
EXPLANATION : This is a 1 hour time frame chart of ITC . The stock has been consolidating for days in a descending channel and formed Falling Wedge pattern , If stock taking support from Demand zone we buy at the bottom and sell at the top. I am seeing a very good buying opportunity in ITC because of many reasons . If give a strong breakdown and broke its Demand...
Stock was in downtrend. Today the stock after making higher low, has broken previous swing level. Thus the chart has formed HH HL setup as per Dow Theory. The stock can retest and make another Higher Low providing opportunity to add further.
The XTIUSD has formed a very clear DOUBLE TOP pattern and is now expected to go through a reversal. According to our analysis, it will start moving downward and our next target will be 69.4.
Happy Trading guys.
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
Indusind bank is behaving no different than the other performers in banking. There is a morning star formation at the retest levels of the breakout that happened a few days ago.
I categorize this candlestick as a buy setup and this can give 10% in the coming days. SL should be at 1087 with a target of 1240-1250. This is a good RR setup of 3.5
Kindly note that...
We Are Execute Our Short If Breaks The Downside Level Of 37050 In Half Quantity When Flat Opening.
For Long Wait For Price Action.
Education Purpose Only NSE:BANKNIFTY
I Have less time but as per my analysis this stock is good to buy current price, How much I invested in this stock 3 lakh buying in this stock at price 50.02.
i am using two indicator in this stock first one is moving average another is Knoxville divergence. When I have time i will describe in future how to use these indicator.
This is my not recommendation to...
