BUY - HERANBA INDUSTRIES LTD CMP - Rs. 401 Target - 1: Rs. 505 Target - 2: Rs. 608 Target - 3: Rs. 670 . . Technicals - Descending Channel BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
GNFC FUT break out of descending channel on an hourly chart with good OI buildup. Also reversal candle seen on daily charts(not confirmed yet). Could be bought on the basis of channel breakout with mentioned stoploss & target.
I analyze the chart of Honeywell Automation - price, volume, trendlines, other technical data points across daily and weekly timeframe.
BUY - SUDARSHAN CHEMICAL CMP - Rs. 462 Target - 1: Rs. 660 Target - 2: Rs. 760 . . Technicals - Trendline BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
BALKRISHNA made an descending channel pattern on an hourly charts & its on the verge of breaking out of it. Could be bought with mentioned stoploss & targets.
HINDALCO on the verge of breaking out of descending channel pattern on an hourly charts with decent volumes & very good risk:reward ratio. Could be bought with mentioned stoploss & target.
ESCORTS broke out of descending channel pattern on an hourly chart with decent volumes. Could be bought with mentioned stoploss & target.
BTC to buy at $25,800. Note that we have an ABCD that takes us to the top of this weak sales channel. Putting a fractal from wave AB to wave CD and we have the top of the channel at $30,000. This formation looks like a bull flag but it is not, a flag does not take more than 3 or 4 weeks to break so I see selling approaching $30,000. As I will be long at 25,800...
SUNTV first broke out of rounding bottom pattern, then consolidated till its 50% fib retracement level & in consolidation it made descending channel pattern. Suntv broke out of descending channel pattern with good volumes. Could be bought with mentioned stoploss & target.
Chart Patterns look good for a short trade REASONS 1. In Weekly timeframe, Ashokleyland broke out of the Ascending channel on sep 2022 & Right now it formed a Bearish Pennant pattern and Gave breakdown for that too!!!(SHOWN BELOW) 2. In daily time frame, it is moving alike Inverted cup& Handle pattern(shown below) 3. In 2hr timeframe, it is...
MUTHOOTFIN broke out of descending channel on an hourly chart with good volumes. Could be bought with mentioned stoploss & targets.
MCX broke out of descending channel with decent volumes on an hourly TF. Risk:Reward in this trade is very much in favour of bulls. Could be bought with mentioned stoploss & mammoth target.
M&M broke out of descending channel on an hourly chart with decent volumes. Could be bought with mentioned stoploss & target. Please comment if you like my charting techniques, suggestions welcome.
TITAN broke out of descending channel on shoter TF with decent volumes. Could be bought with mentioned stoploss & target.
AXISBANK is trading in descending channel & its trying to breakout of channel, wait pateintly to break 852 then its a buy for very short term. Could be bought above 852 with mentioned stoploss & target till EOD/GAP-UP.
HUL broke out of descendng channel on smaller TF with good volumes. Could be bought with mentioned stoploss & target.
SUNTV broke out if desceding channel with good volumes on daily charts. Could be bought with mentioned stoploss & targets.
KOTAKBank broke out of descending parallel channel with good volumes on hourly/daily charts. Could be bought with mentioned stoploss & target.