euro/usd ConsolidationEuro/usd under consolidation and expected to take ressistance or may break the resistance
Consolidation
MARUTI SUZUKI FRESH BREAKOUT FOR POSITIONAL,SWING AND INVESTMENT1> Major Resistance Break out after after consolidation near resistance level
2> Bollinger Band Squeez Break Out with high volume
3> RSI sustained above 50 since Nov 2020 and now crossed above 60
NESCO - Watch for Consolidation Breakout Explanation in Chart. NESCO for Short/Long term possible post breakout. Keep Watch. SL 470. TGT 780.
BANKNIFTY consolidation going onShort Bank Nifty Below 31000:
Target: 30450-30550.
Stop Loss: 31050.
RSI and MACD suggest shorting possibility.
Look at RSI for retracement till 50.
Look at MACD for histogram and preferably trade after the red part of the histogram begins till it peaks.
Target Won't be activated if Bank Nifty Opens Gap up which is unlikely for now.
Long possible above 31500 but seems unlikely right now.
Bank Nifty is in consolidation phase and may seem to continue in the same on 01/01/2020 in which case it is not advised to trade due to the low volatility due to holidays.
Note: This post is only for educational purposes.
Buy RelaxoBuy Relaxo above 811 stoploss of 780 and Target is 835 and 855..
Study: Ascending triangle Breakout with Big Volume at 803 and stock now consolidating at 805 to 810 range ...after breaking these range stock can move up further...
Note: All levels are on closing Basis.
ANOTHER INVERSE HEAD AND SHOULDER, BIG BREAKOUT WEEKLY CHARTS!!!Stock hit the upper circuit today which was above the previous high which confirms it's breakout. Position can be made for some good amount of money with the stop-loss and targets mentioned on charts.
GREAVES COTTON CONSOLIDATION ZONE BROKE 109 SOON !!It Broke Consolidation Zone, (1W-TIMEFRAME)
Possible TARGET 109 Soon !!
NOTE: This Analysis Based On 1 Week Time frame,
Targets May Achieve Within Period Of 3 to 6 Months.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
BANKNIFTY | Strong Flag formation - 1300 points rally aheadBANKNIFTY | Strong Flag formation - Hope to see 32500 in a week time. Lets see what triggers BANKNIFTY to reach the target 🙂
CMP : 31200
SL : 31000 (But strong support @ 30935)
Target : 32500
WIPRO | Good contraction - Looks good for 10%WIPRO | Good contraction - Looks good for 10%
CMP : 342
SL : 329
Target : 380
1:3+ risk reward
HDFCBANK | Small range bound opportunity for 6%HDFCBANK | Small range bound opportunity for 6% - Infact this is one of the main reason why i was bullish in the morning in BANKNIFTY
CMP : 1373 (Dip upto 1355)
Target : 1445
SL : 1343
Simple 1:3 risk reward setup
BATAINDIA | Good consolidation getting ready for next moveBATAINDIA | Good consolidation getting ready for next move
CMP : 1575 ((RSI is weak, so buy just 60% now, remaining at 1540 level but until 1480 there is no risk at all)
SL : 1450
Target : 1850
1:3 risk reward setup
Breakout Expectation, Swing Trade, COFORGEGood consolidation near resistance , showing strength of buyers and also 20 DMA aligning with Trend line. Strict SL can be followed and later it can be trailed.
COROMANDEL | Breakout after 135 days consolidationCOROMANDEL | Breakout after 135 days consolidation, simple channel breakout. Also looks Flag in weekly time frame.
Looks good for 18%
CMP : 845
SL : 790
Target : 980
P.S : Ideal to enter near 840 zone for better risk reward, hope to see some retracement in a couple of days.
Coromondal Internal Consolidation...it has been consolidating since Aug-2020 between 700-830 levels.
Stock has formed morning star pattern on daily basis at support trendline.
Stock has closed above 800 level on weekly scale.
it has given breakout on hourly chart at resistance trendline.
It is forming Higher lows on daily basis.
RSI is at 55 levels, bullishness intact.
breakout at 830 levels could bring 20% upside.
Track this stock for breakout.
AXISBANK Weekly Consolidating.......AXISBANK has consolidated at current level for 9 weeks in the past, currently it has consolidated for 6 weeks. breakout is possible in the next 3 weeks.
if it encounters unexpected down move, 530-550 range could be a support.
it took support at 50EMA and closed above 20EMA on daily scale.
630 has been key resistance on monthly scale too. 637 has been resistance for weekly scale. breakout on side can take this upto 730 levels.
Weekly RSI is above 60, indicating bullishness.
Double top has formed at 637 level on daily chart
Stock is consolidating at higher levels. so potential breakout.
Have this stock on watchlist for consolidation breakout.
HEIDELBERG Cement at Multiweek resistance -Weekly break for longNSE:HEIDELBERG Wait for Weekly breakout or else enter with pyramiding near lower trendlineSafe players can enter the trade on retracement with strict SL.....
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
STERLITE Technologies consolidation support for upsideNSE:STLTECH Levels are mentioned in the chart...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
IBULHSGFIN Breakout!!! Huge Target upsidestock has given beautiful breakout after several weeks of consolidation
AVT Natural Product!!! Consolidation breakout 55-60+stock has given breakout and we recommended @51, today itself achieved 1st target and target of 60+ remains intact
BHARTI AIRTEL Consolidation!Bharti Airtel is consolidating in a zone. The no trade zone and targets for either side breakout is mentioned.
SEQUENT SCIENTIFIC entered uncharted territoryThe scrip SEQUENT SCIENTIFIC has been outperforming nifty and has given a break out after small consolidation.
Consider buying SEQUENT SCIENTIFIC for target of 200-205.'
Keep stop loss at around 150-152 on weekly closing basis.
***ideas are my own *** please take risk as per your risk appetite ***
HUL VIEW - POSITIONAL TRADE 🏁breakout after long consolidation
trend line breakout
buy for target 2550 +
stop 2200
disclaimer - trade @ own risk
