ColPAL on bullish Trend on all TFsOn all TFs Colpal share is on bullish mode & trading above the 50 EMA Level. Daily BO has been done & today we have seen the selling pressure at the level of 1425 & stock taken the pull back. So now long entry can be taken above the level of 1412 till the weekly Resist area between 1440 to 1445 as marked on the charts. Once this level crossed than shortly we can seen the level of 1475 to 1480. So add the stock in your watch list to see the price action.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
COLPAL
Synergistic Pattern: Advance pattern (W+Triangle) + Triangle Levels are mentioned on chart for Swing trading.
Please check the description section for early entry level in given stock to get better Risk to Reward ratio.
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Early entry: 1350
SL: 1455
Target: 1320
RR: 3.5
Thank you. Happy Trading!!!
Best Regards,
Dr. Shamraja Nadar,
PhD in Technology.
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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INTRADAY | TRENDLINE ON 15 MIN | BUY IF IT BREAKSKeep an Eye on this trade.
If it breaks the trend line with good volume, Buying opportunity can be seen above 1370.
Target 1 - 1390, Target 2 - 1400, Target 3 - 1420
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
Inverted Bearish Cup and Handle It has formed an inverted bearish Cup and Handle. Of course, handle is still in the making. This chart pattern tends to trigger a bearish price movement. A limited fall in price up to 1450 is expected. This is based on depth of a cup. If you plot daily trading volume from 10th Jan to 22nd Jan then it supports or confirm the chart pattern.
Falling or Bearish Flag Pattern? Can someone please confirm? Price has steadily fallen from the high. Since 2nd Dec 19, price has been moving sideways. Height of pole and length of flag are unusual. Hence, can someone please validate price movement as bearish flag pattern? What the current consolidation does offer? Trading volume is below its 5 and 20 days EMA






















