The stock is forming a wedge pattern, indicating a halt. lets wait till a market tells us where is it headed ?? Buy/Sell only when price clearly crossed the level. Beware of false breakouts. Let the candle close outside of the wedge and let the volume be above the average. This helps to minimize the possibility of false breakout This is not a recommendation, Its...
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...
Trade on breakout or breakdown buy side entry above 415 sell side entry below 411
Indiabulls is in a strong bearish trend and now near a strong support zone of 177-178. A bearish descending triangle with a flat bottom at 178 is visible. Any move below this level will cause the stock to fall up to 160 levels continuing the bearish outlook. It can turn the trend taking support from here if the market view is overall positive. Downtrend...
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...
ENTRY - BELOW 644 TARGET - 632.5 + TRAILING STOPLOSS - 649 BEWARE OF THE RISK INVOLVED IN TRADING STOCKS AND PLAN YOUR TRADES ACCORDINGLY. THIS SHOULD ONLY BE USED FOR LEARNIG PURPOSES AND NOT AS A TIP. TRADE AT YOUR OWN RISK. HAPPY TRADING!!
THE DESCENDING TRIANGLE WITH NR7 IS A NICE MIX TO TRADE ON. SO KEEP AN EYE ON THE HINDUNILVR FOR THE COMING DAYS. Beware : Please keep in mind and stay away from False Breakout Traps. Also this is not any recommendation, it is only for educational purpose. Trade at your own risk. Thank you Have a Nice day!!
BHEL has given the descending triangle breakout. Wait for the confirmation. This idea is for education purpose only.
LOOK OUT FOR A BREAKOUT IN SUNPHARMA AS WELL AS DR REDDY AS THEY ARE NR7 CANDIDATE. THEY HAVE BEEN CONSOLIDATING FOR THE PAST 3 DAYS. Beware : Please keep in mind and stay away from False Breakout Traps. Also this is not any recommendation, it is only for educational purpose. Trade at your own risk. Thank you Have a Nice day!!
A BREAKOUT IS EXPECTED. SO KEEP YOUR EYES ON THE CHART. Beware : Please keep in mind and stay away from False Breakout Traps. Also this is not any recommendation, it is only for educational purpose. Trade at your own risk. Thank you Have a Nice day!!
INFRATEL - DESCENDING TRIANGLE Beware : Please keep in mind and stay away from False Breakout Traps. Also this is not any recommendation, it is only for educational purpose. Trade at your own risk.
infratel forming a descending triang which forms a base with a rejecting candle followed by breakout can give a nice up move.
hdfc forming an descending triangle pattern and is near support area.
USOIL Descending triangle pattern formation in 1 hour chart. Based on breakout either you can go for long or short
USOIL Descending triangle pattern breakout in 30 mins TF
USOIL Descending triangle pattern formation in 1 hr TF. Based on breakout/breakdown either you can go for Long or Short