Dogecoin is forming some bearish trade setup these days.It may give us some great fall after the breakout.Here are two trade ideas-swing and intraday that I wanna share with you guys in detail.check below.
Trade 1: The first one is a swing trade.Dogecoin made a beautiful double top pattern in 1H time frame which broke out it's neckline(0.9684 level) downward and...
In NSE:CNXPHARMA an Head and Shoulder pattern is seen.
The current price of 12775 is the neckline.
Trade :
You can not trade in Nifty Pharma. But you can in PHARMABEES ETF.
Buy (Pharma Index): Above 12835, SL: 12800, T: 12885/12940
Sell (Pharma Index): Below 12800, SL: 12835, T: 12765/12750
NSE:POONAWALLA is near the supply area.
A triple bottom formation seen around 300 price level.
In Hollow Candlestick patten a hollow green candle formed after a down swing, indicates price to move up
Well support from volume
RSI is trending upwards.
Trade :
Buy: Above 305, SL: 300, T: 309/311/316
Sell: Below 300, SL: 304, T: 296/292
As you can see that the support and resistance are strong. The buyers and sellers are active when the price moves toward their zone.
From this, we could easily conclude that the trendline which has been broken right now is going to touch the support and may go up again!!! But only if the price goes up!!
The chart has made double bottoms which is a clear sign of...
As you can see that the support and resistance are strong. The buyers and sellers are active when the price moves toward their zone.
From this, we could easily conclude that the trendline which has been broken right now is going to touch the support and may go up again!!! But only if the price goes up!!
The chart has made double bottoms which is a clear sign of...
TCS has given a breakout today & it's also at a good level to catch
Why TCS over all other IT Stocks NSE:TCS
Reason: Strength
When all others were in sell-off facing selling Pressure. It was the only standing man. Where the candles were forming was quite demanding.
Similarly, I've told some stocks in the Nifty Infra setup NSE:ULTRACEMCO NSE:GRASIM
...
I AM NOT SEBI registered advisor please consult financial advisor for your investment.
This is only for educational purpose you can also share your thoughts on the comments
\\Representation:
**Green dashed line--Supportive line
**Red dashed line--Resistance line
**Black up and down arrow--touches of support line
**cmp:2980
In this chart, I can see good DOUBLE...
midcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
trendline is not broken yet,
if you are intrested in investmet, go for it with small risk,
more possibility is there for breakout.
Double Bottom (W shape) with 11 week long handle shaped up in Grasim Ind
Decreasing volume pattern seen during Handle formation.
Levels mentioned on chart & Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
Happy Trading(:)
Dotted green line: A pennant broken in downside
Blue line: Head and Shoulder Pattern
Purple line: M pattern (double top which is coinciding with down trendline).
Optiemus infracom daily looking bullish having inverted head n shoulder bo+ double bottom BO.+ 200 ema support on daily candle
Good to buy at 319 for target of 437 with sl below 257
Study:
1. Double bottom breakout with good volume in Daily chart
2. Rectangle pattern breakout in 1 hour chart
3. Good support from 200 EMA
Targets and SL are shown on the chart
NSE:BIOCON made an M pattern. But looking at the volume and the momentum, it seems the more selling will happen.
But if it bounces, then buy is also possible.
So both sides trade:
Trade: Buy above 280, SL: 276, T: 284/286
Sell below 272, SL: 276, T: 269/266
Hello Everyone, Today i am here again with a new stock named JM Financial at here you can see that there is a double bottom forming and then one more confirmation inverse head and shoulders and giving breakout of it and giving us a clear buy. Thank you, comment down so i can know on which stock you want to know about also if you get anything special pls follow us...
Lodha: Confluence of Trendline BO & Double bottom
Volumes are also building up.
Buy above 1041
Immediate potential Targets: 1053/86/1115
SL in case of short term should be 999
Trail SL for intraday.
Disclaimer: Im not SEBI registered, Kindly contact your financial advisor before any investment.
Ideas shared here are for educational purpose.
