MAN INFRA: potential upside move<Man infra has successfully given breakout of two good chart patterns.
<Flag and pole which is clearly visible.
<Triangle pattern which can be seen if we draw a line from top red candle to the <breakout candle respecting all the wicks.
<We are learning this trade respecting the flag pattern.
<The stock has given upside breakout with good volume indicating bulls hold.
<The risk reward ratio for the trade is 1:5.
Chartpatterntrading
Technical Analysis of Gopal Snacks Ltd....TRADE FOR LATERINVEST BEFORE READ CAREFULLY / TAKE TRADE ON YOUR OWN RISK
RISK~REWARD PROFILE = 5.91:1
NSE:GOPAL SANEKS Technical chart Observations:-
~Price Correction:-
The stock corrected around 29%, possibly due to the negative news (fire in a warehouse).
The price appears to be approaching a strong psychological support level at ₹335.
~Pattern Formation:-
A potential Head and Shoulders pattern is visible, signaling a bearish reversal that already played out.
The price dropped significantly post-pattern completion.
~Support Level:-
Key support is around ₹322.80, which is highlighted as the entry point for a possible bounce.
Stop-loss (SL) is marked at ₹304.50 to limit downside risk.
~Target Levels (TP):-
~TP1: ₹362.30
~TP2: ₹386.35
~TP3: ₹430.95
~Volume:-
The trading volume on the recent downtrend is moderate, indicating cautious selling.
~Trend:-
Currently in a downtrend but nearing a critical psychological support zone.
Trading Strategy:
Wait for Confirmation: Enter the trade only if the price shows a clear bounce or reversal signs at the ₹322.80 level.
~Risk-Reward:-
Stop-loss: ₹304.50 (downside ~₹18.30 per share).
Target 1 (TP1): ₹362.30 (upside ~₹39.50).
Risk-reward ratio is favorable if TP1 is achieved.
~Notes:-
This is a counter-trend trade (going against the dominant downtrend), so caution is advised.
Monitor closely for any trend continuation or reversal indicators (e.g., candlestick patterns or volume spikes).
The highlighted targets (TP1-TP3) should be treated as milestones—book partial profits at each.
Final Note:
This chart suggests a well-structured trade setup, but execution depends on confirmation of price action near the support zone. Traders should monitor market sentiment, news updates, and technical signals before entering the trade.
Disclaimer:
I am not a SEBI-registered advisor. These levels are for educational purposes only. Please trade at your own risk. Consult a professional financial advisor for tailored advice. Like and share if you found this helpful!
LIKE,SHARE,SUBSCRIBE @Alpha_strike_trader
XAU/USD - Gold about to give 20 dollars move?Key Observations:
1. Trendline Breakout:
- The price has broken above a descending trendline, signaling a potential bullish reversal.
2. Demand Zone:
- A strong supply/resistance zone is evident around $2,639–$2,644, which has acted as a base for the breakout.
3. Bullish Trade Setup:
- A long position can be taken, if the price breaks out of resistance zone and retests, targeting the following levels:
- Target 1: $2,649.53
- Target 2: $2,657.36
- Target 3: $2,664.13
- Target 4: $2,668.70
- Stop-Loss: Below $2,639.65.
4. Alternate Bearish Scenario:
- If the price re-enters below the demand zone and fails to sustain the breakout, bearish momentum could push the price toward lower levels near $2,627.50.
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Trading Scenarios:
1. Bullish Continuation:
- If the price holds above $2,646, there is a strong likelihood of testing higher resistance levels up to **$2,668.70**.
2. Bearish Rejection:
- A move below $2,636.5 could invalidate the bullish scenario, indicating a potential retest of lower supports.
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Always use proper risk management when executing trades.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult a financial advisor before making investment decisions. Trade responsibly.
EUR/AUD 4-Hour Chart AnalysisKey Observations:
1. Support Zone:
- The price is currently retesting a key support zone around 1.6540–1.6565, which previously acted as a demand zone.
2. Trendline Break:
- The uptrend has been invalidated with the break of the ascending trendline, suggesting a potential shift in momentum to neutral or bearish.
3. Key Levels:
- Resistance Above: Potential resistance can be seen near 1.6650–1.6700, in case of a bullish retracement.
- Support Below:
- 1.6359 (first support level).
- 1.6199 (major support).
- 1.6018 (long-term support zone).
4. Possible Price Movements:
- A bullish rebound from the current support zone or a bearish continuation if the price breaks below it.
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Trading Scenarios:
1. Bullish Rebound:
- If the price holds above the 1.6540–1.6565 zone, it may attempt a recovery toward the previous highs.
- Entry: Above 1.6570
- Targets: 1.6650, 1.6700.
- Stop-Loss: Below 1.6530.
2. Bearish Breakdown:
- A decisive break below 1.6540 may open further downside toward the lower support levels.
- Entry: Below 1.6530.
- Targets: 1.6359, 1.6199, 1.6018.
- Stop-Loss: Above 1.6570.
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- Wait for clear confirmation (e.g., a strong candle close) before entering a trade to avoid false breakouts.
- Use proper risk management with clearly defined stop-loss and take-profit levels.
---
**Disclaimer**:
This analysis is for informational purposes only and does not constitute financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult a financial advisor before making investment decisions. Trade responsibly.
flag pattern breakout Pitti Engineering has broke the flag pattern. This trade is little risky because the candle next to breakout candle has shown resistance to bulls and also the volume is very high but since it is Doji candle there is indecisiveness. To swing high in this trade entry could be made tomorrow or we can wait for this week's closing. Breakout candle has good volume.
Coromandel International - Breakout Setup, Move is ON...#COROMANDEL trading above Resistance of 1938
Next Resistance is at 2310
Support is at 1545
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Blue Star Ltd - Breakout Setup, Move is ON...#BLUESTARCO trading above Resistance of 2154
Next Resistance is at 2798
Support is at 1782
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
PB Fintech Ltd - Breakout Setup, Move is ON...#POLICYBZR trading above Resistance of 2158
Next Resistance is at 3272
Support is at 1470
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Firstsource Solutions Limited - Breakout Setup, Move is ON...#FSL trading above Resistance of 380
Next Resistance is at 603
Support is at 242
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ashoka Buildcon Limited - Breakout Setup, Move is ON...#ASHOKA trading above Resistance of 295
Next Resistance is at 454
Support is at 196
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Info Edge Limited - Breakout Setup, Move is ON...#NAUKRI trading above Resistance of 8877
Next Resistance is at 11101
Support is at 7304
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Innova Captab Ltd - Breakout Setup, Move is ON...#INNOVACAP trading above Resistance of 1102
Next Resistance is at 1360
Support is at 940
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Epack Durable Ltd - Breakout Setup, Move is ON...#EPACK trading above Resistance of 566
Next Resistance is at 763
Support is at 397
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Lloyds Metals And Energy Ltd - Breakout Setup, Move is ON...#LLOYDSME trading above Resistance of 1355
Next Resistance is at 2080
Support is at 1079
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Blue Star Ltd - Breakout Setup, Move is ON...#BLUESTARCO trading above Resistance of 1782
Next Resistance is at 2154
Support is at 1445
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
PB Fintech Ltd - Breakout Setup, Move is ON...#POLICYBZR trading above Resistance of 1698
Next Resistance is at 2158
Support is at 1231
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Firstsource Solutions Limited - Breakout Setup, Move is ON...#FSL trading above Resistance of 296
Next Resistance is at 380
Support is at 210
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ashoka Buildcon Limited - Breakout Setup, Move is ON...#ASHOKA trading above Resistance of 196
Next Resistance is at 295
Support is at 135
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Info Edge Limited - Breakout Setup, Move is ON...#NAUKRI trading above Resistance of 7465
Next Resistance is at 8877
Support is at 6338
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
JUBLFOOD : Breakout Stock (1-3 Months)#JUBLFOOD #swingtrade #breakout #patterntrading #chartpattern #Trendsetup
JUBLFOOD : (1-3 Months)
>> Cup & Handle Breakout on Daily
>> Stock in Uptrend on Monthly chart
>> Trending setup & Strong on Higher Time Frame
>> High PE Stock but expecting couple of Good Quarters ahead so with Good Income PE may reuduce considerably
>> Expecting atleast 20-25% upmove
Swing Traders can lock Profit at 10% & Keep trailing
Pls Boost, comment and follow for more Learnings
Note : I have taken Position in it Today for initial 1-3 months tym Frame Expecting 20-25% Returns
Disc : Charts shared for Learning purpose and not a Trade recommendation. Consult your Financial advisor and do your own analysis before taking position in it.
Shakti Pumps (india) Limited - Breakout Setup, Move is ON...#SHAKTIPUMP trading above Resistance of 965.85
Next Resistance is at 1306
Support is at 741
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.