Cadila Healthcare is in the uptrend in all time frames. Primary (Monthly), Weekly (Intermediate), and Daily (Short Term).
Trading Plans - An analysis without a proper trading plan is very much useless. It's trading that makes money, not fancy analysis.
Plan - A
On a daily chart, the price is trading in a rising channel, recent consolidation formed a falling...
Here's a falling wedge in the middle of an uptrend. Volume picks up on the breakout.
Price also taking support at the previous top. A classic case of Resistance becomes Support.
Long at 423 Stop at 400 Target 550.
Risk Reward 1:5
Using Covered Call.
Short Axis Bank 460 CE April @ 6.
Incase we hit Stop-loss in spot, Option will help in bringing down the cost of...
AMARAJABAT formed a bullish pennant on Daily chart . Waiting for a breakout to enter long.
Long above 781 | Stop-loss 755 | Pattern Price Target 850
Ideal target is 880, A strong resistance zone .
MRF TYRE Buy on Pull back at 57150 With SL Below 56900 For Target 61000
Buy the 1st 30 Min Range Breakout On April Fool's Day. Keeping SL as 30 Min Low or as per your Risk Management.
Falling Wedge in Formation ? And if formed and Breakout, It's time to touch 200 SMA.
The 200 simple moving average ( SMA ) is...
Indusindbk Short below 1471
Risk 1.29% And Reward 4.42%
RR Ratio 1: 3.42
Bearish Continuation Pattern
In this “flat-bottom” triangle, the bottom trendline is horizontal and the top trendline slopes downward. The pattern illustrates lows occurring at a constant price level, with highs moving constantly lower.
Sell Pidilitind below 1101.85
Risk 2.33% & Reward 7%
Riks Reward Ratio 1: 3
Bear flags are favored among technical traders because they almost always lead to large and predictable price moves. Like all continuation patterns, bear flags represent little more than a brief lull in a larger move lower. Indeed, in many cases, the flag...
Relcapital Sell Below 221.60
Risk 5.57% & Reward 24%
RR Ratio 1: 4.30
Another Probability is, it can be turned out into triple bottoms as well but looking at the prolonged decline I personally prefer to sell descending triangle breakout rather buying triple bottoms.
In this “flat-bottom”...
Long sbin Above 288
stop-loss - 279.75
Risk 2.78 % & Reward 12.84%
RR Ratio - 1: 4.62
Bullish Flag chart pattern represents consolidation. This means that it occurs after a large movement in price. As such it’s also a continuation pattern, which means that the market is likely to continue in the same direction...
Short Bajajfinsv Below 5550
Target 1: 5160
Target 2: 4955
Risk 3.50% & Reward 10.75 %
RR Ratio - 1: 3
RR is Calculated on 2nd Target.
Reversal or Continuation Pattern
Prices are moving upward, forming higher highs and higher lows, but the price is confined within two lines which get closer together to create a pattern. This...
DALMIASUG Buy at 106-107
Risk 11.50% & Reward 30%
RR Ratio 1 : 2.63
Ascending Triangle - Continuation Pattern
With its “flat-topped” shape, the ascending triangle indicates that buyers are more aggressive than sellers. The ascending triangle forms because of a supply of shares available at a fixed price. When the supply depletes,...
HCC Entry 15.15 | Stop 13.95 | Target 20
8% Risk | 32% Reward
1: 4 RR
Price highs move slightly lower and price lows move slightly higher. Drawing a trend line connecting price highs and then another connecting price lows form two converging lines which are an identifying feature of the pennant.