GOLD - Descending parallel channel pattern formation at day time frame
Price broke out of the downward sloping channel and gave a pullback to the breakout zone can give move above 1495 intraday for 1st target 1510 and second target 1530. VIEWS FOR LEARNING PURPOSE ONLY
Crude Oil - Lets wait and see which pattern it's going to follow up whether parallel pattern or Descending parallel pattern?
Swing Trading opportunity ! Weekly Chart Alert ! Enter on lower time frame after breakout 🎯 Lot Size =300 Target = 2878 Stop-loss = 2576 1) Descending Triangle and Range trading can be done 2) Parallel channel Formation 3) Support zone is 2249-2299 Guys check out the related ideas as well, it will work really well guaranteed ! FOLLOW for more ! LIKE if think...
USOIL Descending parallel channel in 15 mins TF
ONGC(1D) Descending parallel break. Target-80 to 85 Stoploss-70 to 72
61.8% support taken & trend reversed. Possibilities of channel breakout & strong up movement.
Currently on Fibonacci cluster support levels. Also formed a Bullish ABCD PATTERN. Waiting for trend reversal confirmation
NIFTY REALTY on 20th Oct gave the long-awaited triangle breakout followed by a quick attempt to break the resistance at 239-240 levels. This was rejected and then it fell into a channel consolidation (descending) since 22nd Oct. Possible breakout/down confirmation levels Breakout - 237.15 Breakdown - 233.9 (Aggressive), 232 (Conservative) Just a Beginner trying...
Immediate support placed at 1305 can break, giving a possible move downwards. If further move after round level of 1300 is seen, The trade is expected to make the 1300 level resistance in the coming sessions. This is expected to be a short term correction as the stock has broken the descending channel in the higher time frame. Sell below 1305 Targets cannot be...
Tata motors is showing a very good pattern to trade in intraday Beware of FALSE BREAKOUTS. This is for educational purpose only Thank you and have a nice day. Happy trading!!
NSE:BRITANNIA Hi Traders, BRITANNIA has broken upward price channel as well as descending triangle pattern and taking support on previous high of upward price channel. If this support is broken by it then it will start downward movement. Stock Analysis * Stock has broken upward price channel. * Stock has broken descending triangle pattern. * Taking support on...
Bodal chemical trading in down trend channel, look for strong breakout on weekly charts with volume for Long.
Mrf in Descending Channel.. keep a eye on it as it is in trending in channel as the price of the share is quite high very few traders would be trading in it.take move according to the breakout
Asian Paints Formed Descending Channel Pattern , tried to break down once not succesful , next swing might give breakdown. Major support is at 1540 range. Sell Below 1540. This is Purely My Techinical Analsysis. Do Analyse yourself before entering in to the trade.
NIFTY INDEX LOOKS LIKE TRADING INSIDE THE CHANNEL IF IT BREAKS DOWN THEN WE CAN LOOK FOR SELL ONLY AFTER RETEST IS COMPLETED OTHER WISE IF IT REACHES CHANNEL TOP THEN WE CAN LOOK FOR SELL WITH CANDLE STICK CONFIRMATION.THIS FOR ONLY EDUCATION PURPOSE ONLY.
Bank of Baroda has been in a descending channel for the past month. The stock has formed this reversal channel at an important daily support zone. The stock created a double bottom formation last week giving more indication of a reversal. Stoploss - 88.65 Target 1 - 99.05 Target 2 - 103.35 Target 3 - 107.30 Disclaimer This content is for information and...