SHILPA MEDICARE : Breakout Candidate - Swing Pick#SHILPAMED #breakout #chartpattern #vcppattern #trianglepattern #continuationpattern
SHILPAMED : Swing Trade
>> VCP pattern Visible
>> Ascending Triangle Pattern which is a Continuation pattern
>> Trending Setup
>> Good Strength & Volumes
>> Low Risk High Reward Trade
Swing Traders can lock profit @ 10% and keep trailing
Note : In the Current market scenario, Setup's can fail easily so Trade only best Setups with Good Risk Management and proper Position Sizing
Disclaimer : This is not a Trade Recommendation, Charts shared are for Learning Purpose. Do not take Positions without consulting ur Financial Advisor
Continuationpatterns
GRAUWELL stage 2 continuation breakout- stage analysisGRAUWELL stage 2 continuation breakout Cup with handle.
Note : Only for learning, trade at your own risk.
Banknifty forming a Symmetrical trangle. breakout alert.
The pattern can either be a continuation pattern or reversal pattern. The best thing is to confirm which side the Breakout will take place on monday and buy or sell on that direction.
(This is only my perspective. Do your own analysis an confirm before making any decision.)
Dixon TechAfter a good consolidation period the stock is ready to give breakout. one can start accumulation. Also entire IT sector is starting to move which can lead not only pump in IT stocks but also a good moment can be expected.
Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above 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.
Bullish flag pattern reversal in TATACHEM.TATACHEM
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Reversal of Bullish flat Pattern .
📈It can give movement upto the Reversal target of 1190+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 1375+.
📈 Can Go Short in this stock by placing stop loss below 1120 or last swing low.
📈 After breakout this can give risk:reward up to 1:3+.
TATAPOWER
symmetrical triangle pattern "down trend continuous pattern "
Icheck out I already share about idea in my id same pattern made in
MANAPPURAM looking into image for more
If You LIKE MY Idea ……Boost………….. its
“Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our calls please consult your financial advisors. Thanks
Flag and pole Breakout in HikalFlag and pole Breakout in Hikal in hourly chart
Supporting to our previous analysis in the day chart (Parallel channel breakout), here we can see flag and pole breakout in 1hr time frame.
which suggests there is a high chance of continuation of uptrend.
To know more refer below link of daily chart
BSE:HIKAL
JASH: Inverse H&S Continuation Inverse Head and Shoulders Continuation:
This pattern forms in an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder.
At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the starting of the left shoulder. After this again a down move can be seen on large volumes forming a head having its bottom is below the left shoulder following an upmove correction on lower volumes & completing the head.
The completion of the head must be above the top of the left shoulder. If the prices rise above the top of the left shoulder then too this pattern remains intact. In the end, the right shoulder is formed usually on smaller volumes comparatively the previous two rallies.
Now if you connect the tops of the left shoulder, head & the right shoulder there will be a formation of the ‘Neckline‘. This line will act as a decision line. If the prices break this neckline & give closing above the line, this will be the confirmation of the breakout of the Inverse head and shoulders pattern.
However, it has been noticed that after breaking of the neckline the prices again attracted towards this neckline. We say this phenomenon as a retest of the neckline which will add some more confidence while trading this pattern.
After retesting if the prices again start rising, this will be the final confirmation of the up move as shown above.
The bookish target of this pattern is taken as the vertical price range from the bottom of the head to the neckline & the bookish Stop loss should be the bottom of the right shoulder. However this stop loss can be big, so it is advised to keep a stop loss of 4-5% of the price range below the neckline.
TRADING STRATEGY:
Buy on cmp add on dips & look for the target of 945 and above in the coming weeks. Maintain SL of 665
IDFC chart analysis for swing trade IDFC chart analysis for swing trade (15 min)
Entry & exits are given on chart.
only for learning, trade at your own risk.
#EUR AUD # SELL PLAN I am looking to sell EUR AUD below 1.48800 and targeting to 1.48000 price broke major structure and continuation of down trend and also liquidated previous high and expecting an drop. we have a nice previous support on below 1.48000 and rest of stoploss must need to be a liquidation.