Breakout stock. A swing trade possible.Stock was consolidating and gave a healthy correction. Now the stock has again started its upward journey and given a breakout. Can be bought in two three parts.
Chart patterns
Breakout Trade. Projected Target and SL for learningKPITTECH was in consolidation for couple of months. Today the stock has given a breakout. SL and First Target given in chart for learning purpose.
Roll with RelianceA very potential stock in a steady uptrend s taking its support. Be super alert. Chart is self explanatory.
MTAR: Strong resistance (Time frame-1Day)Disclaimer: All charts are purely for educational and information purpose only. Invest or trade at your own risk.
HINDUNILVRWait 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 pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
Shyam Metaliks: Traingle pattern (Time frame-1Day)Disclaimer: All charts are purely for educational and information purpose only. Invest or trade at your own risk.
Nifty 18400-18500 Wednesday 🎯TradeGuru NIFTY prediction for Wednesday Upside 18400 to 18500. what is your view comment Fast 🎯
Reliance industries looking good to 2130, to 226028-May-2021
NSE:RELIANCE
Reliance looking good for targets 2200 & 2350
Reliance has been consolidating within a band 1830 to 2230 for quite some time. The volumes since last two sessions appear encouraging.
Today its started an small up-move that may likely take it to 2116, 2200 & maybe even 2350 in the coming weeks.
HDFCWait 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 pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
GLS: Traingle pattern (Time frame-1Day)Disclaimer: All charts are purely for educational and information purpose only. Invest or trade at your own risk.
Ease My Trip: Traingle pattern (Time frame-1Day)Disclaimer: All charts are purely for educational and information purpose only. Invest or trade at your own risk.
Banknifty is giving an upside trend
Banknifty taking support on the trend line and giving an healthy uptrend in smaller timeframe. Banknifty can break its all tie high in the coming weeks as festivals are also approaching, be ready to buy!!
UltratechUltratech looking good to me for swingtrade targets are on the chart
Reason for selection:
1.Price Action Pattern Formation
2.Hidden Bullish Divergence in RSI
Banknifty chart for next week viewbanknifty next week ratio rate down side 37500 Or 37200 and up side 38300 Or 38900
Nifty Bank Today's UpdateThis Levels Are Only For Flat Opening
Execute Your Short TRADE When The Breaks An Downside Level of 37450.
There Are Multiple Resistance For Long.
Tata PowerConsolidation almost over, Breakout coming soon
RSI broken our, at levels of 52
Stop loss of 117
Hold for targets of 126,132,137,140
BEST INTRADAY STOCKS BLACK FRIDAY SPECIAL 24 septThis video is made for education purpose ,plz invest on your own risk.
BANK NIFTY ANALYSIS FOR 20-09-21Do not trade in between 38050 - 37800
Buy Above 38050 for the Targets marked on Chart
Sell below 37800 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 Action
** Only for Educational Purposes
( As you all can see our daily Analysis , Bank Nifty is respecting all our analysis with trendlines and Support & Resistance Lines )
PLEASE DO LIKE , COMMENT OUR POSTS
HCL TECH Channel Breakout HCL TECH Channel Breakout
Risky traders can enter here and can add more when it retests.
Those who can't take that risk wait for a retest and then enter.
Zeel BreakoutThe big upside move yesterday in ZEEL ended up closing the day with it's resistance breakout.
The further targets are marked in the pic at app 307 & 402.
Though due to the big price move yesterday leading to a such a big candle, the Stop Loss seems to be quite big.
This also leads to a probability of stock going sideways.
Hence, it will be prudent to wait for some pullback and trade as per price action.
COAL INDIA : Inverse H&SStock is forming an inverse H&S . One should buy the stock near 146-147 zone keeping a SL of 138 & look for the measured tgt of 160 .
