Descending Triangle
Amazing swing trading idea for 31 January Markets I daily make educational content videos for swing / positional trading
BORORENEW - SWING TRADE - 29th November #stocksBORORENEW (1W TF)
Swing Trade Analysis given on 29th November, 2023 (Wednesday)
Pattern: FALLING WEDGE
- Volume Spike from Demand Zone/Support - Done ✓
- Upper Resistance Breakout - In Progress
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #bororenew
GSFC Analysis(Descending Triangle)!GSFC Analysis on Weekly Timeframe
Descending Triangle Pattern Formation in GSFC on Weekly Timeframe!
Descending Triangle Pattern Breakout on Upper Side!
Bullish view on GSFC!
GSFC has made Descending Triangle Pattern on Weekly Timeframe. GSFC has given a huge breakout on the upper resistance trendline. We should wait for retest because we don't want to buy it at higher price so we are waiting for a decent retesting. We can see a huge breakout volume so we need to wait for the volume adjustment for avoiding the breakout trap.
Trade Psychology and setup =
Entry = After Retesting between 147.10 - 153.30
Target = Target will be 241.40
Stop Loss = Below 122.35
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
ITC swing tradeDon't give an excuse now that you can't make money with swing trading.
Stock name: ITC and current market price is 449.
This stock has broken out descending channel pattern and 50 day EMA.
Current view is bullish with expected swing trading target around 490 for swing which is approx 10-12% and is very decent target for swing trading.
Detailed Price action analysis on WelspunindI daily make educational content video for swing trading / positional trading