JKPaper has been trying to break 410 levels .
Stock has formed inverted head and shoulders pattern as a flag.
Above 425 DCB, breakout will be confirmed. Levels mentioned on chart
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i will enter in the stock after trendline breakout or above 154.
With stop loss 142.9
Note : only for learning, not a trading recommendation. i am posting as a trading journal before and after breakout.
NSE:HBLPOWER is forming Pennant pattern. Pennant pattern is a continuation pattern. But the long trade should be taken after closing of candle above the pennant pattern.
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.)
Usha martin symmetric triangle breakout, which is continuation pattern.
size of pattern is rupees 80.
potential targets 165, 190, 220, 280.
keep stop loss 7-8%
Time horizon 6-12 months.
Note : Only for learning, trade at your own risk.
After 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...
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...
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
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“Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible....
USOIL
Chart Pattern - Symmetrical Triangle
Chart Pattern Type - Continuation Pattern
Time frame - 15 min
Taking support from lower trend line.
This chart is for educational purpose only. No trades are recommended
Flag 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
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...
