H-pattern
SUNTV | Beautiful setup - Potentially can capture 30-35%SUNTV | Beautiful setup - Looks easy opportunity to capture 30-35%
-> Hammer at channel support
-> W pattern
-> Higher low formation in daily time frame
-> Small breakout in Daily time frame
CMP : 448 (Dip : 420)
SL : 385
Target : 580
1:3+ risk reward setup
ELECON ENGINEERING1) Strong weekly close above Previous ATH 476.
2) Trend goes in an uptrend channel - Weekly TF.
3) The weekly uptrend channel trend's resistance is at 553.55 and that will be the target 1.
4) In monthly TF - There is a Cup with Handle pattern breakout. As per Monthly TF and Pattern - The Target (Resistance) is at 660.
5) Strong Buy.
IGLIGL:- Ascending triangle pattern has formed, wait for a proper breakout, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
MANAPPURAMMANAPPURAM:- Ascending triangle pattern is formed, breakout is found and if it comes out above 132 then you can plan something, till then keep your eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
APTECHTAPTECHT:- Head and shoulder pattern is formed on weekly chart, breakout candle is also strong, wait for retesting, if you want to plan something, take care of all time high 449.75, keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
GLSGLS:- Looking at the chart of the stock, there is a way of showing a double bottom pattern, plan something only after the breakout, till then keep your eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Cup and Handle pattern on BankNifty.
BANKNIFTY
It will be wonderful if this pattern completes the rest by tomorrow. There is some relation to the previous highs and tomorrows resistances and some pivot points.
Though it has a high percentage of possibility to happen.
(This is only my perspective. Do your own analysis and confirm before making any decision.)
BALRAMCHINBALRAMCHIN:- Double bottom pattern is formed, wait for breakout of neckline, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.