Tech analysis has been done right .. time to take action with risk management and get the trade on time :) Happy trading :) The violet spots shows the higher lows made with respect to a great consolidation and now a little breakout done near resistance .... tgts are heavy with low risk :)
Take the trade on 1hr as the same day trend line is maintained on 1hr too , u can go for other timeframes too if comfy with the risk ... i would say a good 20 to 30% UPSIDE IS POSSIBLE if broken for upside ..... if broken for downside = don't take the trade wait for the price to tell what to do next :) Happy trading :)
Buy if it comes out of this range . A big green candle is the sign for A go go :) Remember : Buy only on Days closing time near 3:25 ... Also don't risk all the capital . the % of the candle should be your SL and take position likewise
it has given consolidation breakout on weekly chart with good volume. RSI is above 60 on weekly chart. eyeing for 730-750
It has been consolidating on 15 min time frame, closed near to previous high closes on daily time fame. RSI above 60 on daily chart. expecting consolidation breakout ahead.
ONLY TAKE A BUY TRADE ...... enter on BO above and then hold for the day .. if it stays above the trendline for the whole day take the stock home . see it on D chart then it might give you amazing upside :)
The stock has been consolidated for more than 13years keep an eye Reason : 1. Result on 17 May 2021 2.Airtel beats Jio to add most active users for a third straight month(expecting good results ) 3.Formation of ascending triangle pattern
My fav symmetrical triangle breakout ... upper trendline been tested many times and is clean meaning no gap ups above the line and coming down back into the zone of triangle .... a closing above the line on 15m or u can watch for a good risk at 5 min too depends on your RR ratio and RM system. Take the trade as per Happy trading :)
A good and bullish candle . i.e, prefer a pinbar or an engulfer on 1330 lvls . will establish a buy for the IT giant INFY .... As trend is suggesting .... buy low and sell high in this sideways mkt of infy . For positional purpose : Hold on 1380 lvls to see if it breaks it, educational note : it might note break it in one go but might consolidate there with a...
The stock is consolidation more than a month and gave a range level breakout and bull run started and now the stock forming ascending triangle and breakout with target of 600 for this month
Stock has been consolidating for some time and now has come out pf rectangle formation. VOLUMES shows the accumulation and dried up when it fell and now spiked up . stock is in uptrend ,making higher highs and lower lows
Disc: This is not a trading recommendation. Please do your own research or consult your financial advisor. Charts are for educational purposes only.
- Breakout candle on 9 Apr with higher volumes followed by a volatile consolidation - Another bullish candle on 30 Apr with volumes - 510 can be a nice entry however the price structure indicates uptrend - Buying at 530 levels is quite risky, it is better to wait for another breakout candle above 550 - Price trending with shallow retracements
355 to 370 can be seen as beakout zone. +ADX cross over on daily on daily chart raise with good volume. has been in consolidation for quite some time. it is trading near all time high. RSI above 60 on daily chart.
Stock consolidating since 9 months. longer is the consolidation more powerful is the breakout. since stock is up today 10% buy only partial qty wait for dip till 400 or wait for range break and enter on testing. All other observations on chart. Many times I have covered range & consolidation breakouts. Advantages 1. Stop losses are low. 2. Kicking out by...
SUVENPHARMA has given good consolidation breakout with above average volume.
* I like those chart pattern when price hug many times its upper boundary before breakout with high volume . Accumulate slowly this stock . Kindly Let us know if you have any questions .
Buy Just Dial till 775 for target of 1100/1225. Classic consolidation pattern breakout above 775 on weekly chart with smart rounding bottom pattern. Move invalid below 750 on weekly closing basis.