High conviction stock - GLANDCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery.
> Taking support at last years support or breakout level
> High chances that it reverses from this point.
> Volume dried up badly in last few months / days.
> Very high suspicion based analysis and not based on chart patterns / candle patterns deeply.
DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING.
HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT !
Entry range - 1680
Date - 21.10.2014
TIGHT SL - 1590 else wait for a candle close below this level.
Chart Patterns
High conviction stock - NESTLEINDCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery.
> Taking support at last years support or breakout level
> High chances that it reverses from this point.
> Volume dried up badly in last few months / days.
> Very high suspicion based analysis and not based on chart patterns / candle patterns deeply.
DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING.
HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT !
Entry range - 2355
Date - 21.10.2024
TIGHT SL - 2300
GRSE: Approaching Breakout from Consolidation with Bullish SetupThe stock has been in a strong upward trend, forming a peak on July 5, 2024, followed by a consolidation phase characterized by a lower low, lower high structure.
Key Observations:
A) Counter Trendline (Green Line):
I’ve drawn a counter-trend line representing the main setup to watch. A potential breakout from this line could signal a strong bullish continuation.
B) Hidden Parallel Channel (Pink Lines):
The stock was previously moving within a hidden parallel channel, with the upper pink line acting as resistance and the lower as support. The stock has now successfully broken above this hidden resistance.
C) Sideways Contraction Pattern (White Lines):
The stock is also in a sideways contraction, which I've marked with white lines, indicating a narrowing price range. This area is crucial for observing price action as the stock attempts to consolidate before its next move.
Current Status:
The stock is attempting to break above the green counter trendline (A), which serves as the primary setup for this trade.
It has already moved out of the hidden resistance (B) but is still trading below the white lines of the sideways contraction pattern (C), so it remains on the watchlist.
Volume remains moderate for now, but I’m waiting for a potential volume spike to confirm the breakout.
This is a key moment to watch for a potential entry if momentum and volume align
BajajAutoWe again see a Potential Candlestick pattern expecting some upside move in coming days just a view not a reco..
Note: i am not sure weather it may work this time but there is a probability. Position sizing and risk management is very important, always having a hedge position in non confident scenarios are better suggested.
Please do comment and like for supporting
Amber Broke out Major Levels NSE:AMBER broke out Previous Major Levels and Now Let it Retest to Make a New Entry as Tomorrow is its Q2 FY 24-25 Results. The Stock Has Been Having Heavy Volumes Lately.
My Previous Targets Have been Achieved, and now I'm looking for a Retest.
Meanwhile, Check out my other stock ideas below until this trade gets activated. I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
BHEL as per Elliott waveBest Charts for Elliott wave
The point here is that these changes should not be looked at in a bad way, as something negative. Rather, they can be utilized to create new opportunities for profit. This is definitely the case, as a good trader doesn’t care in what direction the prices will go eventually. At the end of the day, what they care about is that they make the right prediction about the movements of these prices.
Bank Nifty in Ascending Channel Chart Pattern You guys obviously know how to trade parallel lines !?
either side wait and then retracement and BOOM !
a winning trade..
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
focus on buying near the bottom of the channel and exiting near the top. Be wary of shorting since the trend is up
Keep boosting/liking this post whenever the support or resistance is touched, I challenge you !
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in BFINVEST
BUY TODAY SELL TOMORROW for 5%
ROLEXRINGS Trading Within Demand Zone of ₹2268-₹2212.05ROLEXRINGS is currently priced at ₹2251.2, moving near a fresh demand zone between ₹2268 and ₹2212.05. This area has not been tested, indicating potential for new buying interest. Investors may watch for upward movement towards the upper end of the zone or possible support near the lower boundary.
Bitcoin Bybit chart analysis October 18Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Here is the Bitcoin 30-minute chart.
There is no separate Nasdaq indicator announcement today.
It is continuing to move sideways in an upward direction,
and the MACD dead cross on the 6-hour chart has been released,
so it seems important to move until 9 o'clock soon.
At the bottom left,
Yesterday's 17th analysis article Long position entry section Purple finger 66942.5 dollars
I connected it to today's strategy as it is.
*One-way long position strategy when the red finger moves.
1. 67766.5 dollars Long position entry section / Stop loss price when the green support line is broken
I marked the 1st section (68.1K) with a purple finger at the top.
If you break through the first section right away, it is an upward trend.
If you touch and adjust down, 67.7K long position best.
If you adjust right away without touching the first section from the current position,
The final long wait is at the bottom at section 2 at 67,512 dollars.
2. 68,808.5 dollars long position 1st target price
After that, it seems advantageous to operate with a focus on long positions without operating a short position separately.
I have indicated the final target price from Good -> Great -> Miracle.
On the other hand, if the green support line breaks away today,
it may fall strongly,
but since it is a 1+4 section to the bottom, it will be an upward sideways correction,
and it may be pushed down to 3 -> 66,406.5 dollars by the weekend,
so please note.
In that case, it will take more time to reach 100 million this weekend or next week.
The most important thing is Nasdaq, right?
Up to this point, I ask that you simply use my analysis for reference and use only
I hope that you operate safely with principle trading and stop loss prices.
Thank you for your hard work this week.
Thank you.
Crude Oil Trading Idea for Monday Session (21-10-2024)Crude oil price is currently Strong Resistance zone and it seems it'll break this zone if it breaks the level then then we can see the surge to 71.200 level or more from the zone in todays session and change in trend with minor pullback but if it fails to breach this zone then we can see a short to 69.000 to 68.600 level and if this level doesn't sustain the momentum of price then we will see a new low level in upcoming session.