DABUR - Bullish pattern formed with good volume, focus if the price is sustained above 667 with a target of 700
UTIAMC is poised for a significant breakout as it trades at its highest level ever. If the weekly candle closes with strength, it could be a good opportunity to enter a swing trade with a stop-loss placed at the weekly candle's low. Additionally, in the daily timeframe, the price is consistently making higher highs and higher lows. Disclaimer: This analysis is...
Arvind Fashion has given breakout of Cup & Handle pattern on weekly time frame. If you observe there is a smaller cup and handle pattern as well in the larger cup & handle pattern. We can see price moving towards our targets of 560-685-950+. Other factors: 1. Weekly volume is great 2. RSI is +ive 3. Fundamentally company is doing great - from loss making to...
🔊 JKCEMENT - Rounding Bottom Breakout ⌛Duration - Short Term (2 month to 3 month) 📊📈 Trade Logic - Rounding Bottom Breakout CMP - ₹4697 Time Frame - Weekly 🎯Target 1 : ₹5000 🎯Target 2 : ₹5200 🎯Target 3 : ₹5400 🛑 Stop : ₹4400 🏆 Risk/Reward Ratio (1: 2.25) Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects...
CMP 5622 on 07.09..24 The stock price has formed a Cup & Handle pattern in the last more than 2 years. The breakout level is around 6000. At the moment of retracement, it may come down to 5450 to 5250. If the price is above the 54200 level, this setup has relevance. It goes weak if the price sustains below 54200. Always keep your risk management in control, and...
- Infosys seems like inverted head and shoulder in weekly chart - if this stock sustains above the breakout line for few weeks bull run may continue. This analysis is my own idea. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before. in.tradingview.com
Good chart Stock closed above its range channel Stock Price can show 4 digit again Target 900/1030 Stop loss 740 I am just representing my views For educational purpose only.
DPABHUSHAN witnessed breakout after long consolidation with huge volumes. RSI and MACD showing strength. looks promising for short term swing.
Ascending Triangle Breakout Setup RSI above 70 and rising Trading above EMA50 Volume spurt ~8 months of consolidation Disc: for study, not a recommendation
Analysis Overview : This chart of Motilal Oswal Financial Ltd NSE:MOTILALOFS highlights a classic Cup and Handle pattern, which indicates a potential bullish continuation. The stock has broken out of this pattern after retesting the neckline, signaling the possibility of further upside. Key Observations: The Cup and Handle pattern has formed over several...
Timeframe: Daily After hitting a low of 202.8, NSE JIOFIN has formed an impulsive cycle. Wave ((2)) has not retraced more than 100% of Wave ((1)). Sub-Wave (3) is a powerful extended wave, reaching 261.8% of the Fibonacci extension of Wave (1). The price has completed Wave (4) at 307, marking an exact 50% retracement of Wave (3). The impulsive structure is...
The stock formed a rounding bottom on weekly chart. It gave a breakout above the Rounding Bottom Resistance line. Post break out the resistance became support. This support was retested with a follow up upside move testing the next resistance zone. The stock gave a breakout with decent volumes and with RSI moving higher. Ideal set up for long trade with target of...
UTI AMC cmp 1187.95 by Weekly Chart views since listed - Support Zone at 1165 to 1180 Price Band - Volumes seen rising by spikes intermittently - Weekly basis : Support at 1123 > 1005 > 895 with Resistance is only at ATH 1219 done today - 3 years long timeframe Bullish Rounding Bottom completed by New ATH 1219 along with Price and Volumes breakout
ICICI Prudential Life Insurance - STOCK Analysis This chart of ICICI Prudential Life Insurance (NSE) shows a strong bullish recovery: Key Observations: Current Price: The stock is trading at ₹767.60, down by ₹1.75 (-0.23%) for the day. Rectangle Pattern: The chart displays a double bottom pattern, similar to the previous chart of HDFC Life, where the...
You Can Never Outsmart the Market Detailed analysis 🧐and strategies are not enough to survive in the market. There are several other economic or geo-political factors that may influence the movement of the market. If market is flying higher due to positive factors, there is no point in going reverse and shorting stocks or indices. Conversely if the market is...
Date 03.09.2024 Wipro Timeframe : day chart Remarks : Strong/Breakout 1 If breaks out from cup & handle neckline + 50% of fibonacci + resistance band of developing symmetrical triangle, that's a good breakout. Target could be 61% of fibonacci Weak/Breakdown 1 If breaks down from 38% of fibonacci + goes below handle + moves below support band of developing...
⭕ Swing Trading opportunity ! Weekly Chart Alert !!!⭕ ====================================================== Technical Reasons to trade or Strategy applied :- Bajaj Finserv Ltd Good Breakout of Trendline in years 100 EMA is also supporting Strong Price Action Breakouts:- Breakouts indicate the potential for the price to start trending in the breakout...
SBC Exports Ltd: Cup & Handle Pattern BO soon stock 33 weeks long base 27-83 % upside potential Levels mentioned on chart & given targets seems achievable. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)