Descending Triangle Pattern Parallel Channel (Down trend) sell pe 1170 sell ce 1280 total 26 points for oct expiry mcpriceaction
As it is going contunous bullish and all time high Im expecting a reversal or retrace at thse levels bottom retest levels are 1250, 1240 and swing low at 1230. by any chance it can go and touch 1300 and then reverse
NSE:HCLTECH Trade Setup for Date 03-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow. ...
HCL Tech Long Swing Trade. Coinsiding with 240 min demand
HCL tech making descending triangle pattern in 15M chart. Breaking this pattern can give a good breakout either side, probability of breakout is upside and i can easily break its previous high of 1072. Reasons of breakout : 1. It had broke its 1045 level on 5 august which was a resistance and being tested on 15 jan, 8 apri & 25 july. 2. Making a descending...
Key Highlights: -Moving in ascending triangle -Testing the previous swing high(Most probably it will fail to breakout) -Bullish Market structure -Buy only above 1055 if there is volume expansion Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
HCL Tech - Buy Signal MA 50, MACD, RSI & Trend lines Buy price - CMP 1007 or wait for slight correction 990 Levels Target 1049 short term holding
A descending triangle with an over valued price is a deadly combo. Short your stocks would be the ideal move right now and book profits. Fresh entry can be made only when it bounces off 799 levels. The momentum is fading and the volumes are also declining. It is having an uncanny resemblance with BTC USDT chart doing a saw tooth pattern. Risk-o-meter...
Looks good for a quick option. Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below If you like my...
The stock is in consolidation phase, where a swing trade setup is been spotted on the daily chart. The price action firstly made a double bottom on the previous support indicating buyers strong hold on that price range, indicative of buyers buying at support again to swing the prices up. Hence providing a low risk swing trade setup on daily chart. T1- 950 I SL -...
trading in a range just bouncing from support range and honoured the support
Looking at the chart it is tarding exactly on its trendline it's 1st support is around 925 and the most strong support is 900,and talking about resistance it is at 950 which is also one of the pivot point,it may go till 965 and further 982
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Price - 931.40 Dt. - 19.05.2021 The stock seems bullish after falling on the average result. The stock closed right above the 21 DEMA and near the support line. It looks like the 21 DEMA can cross 50DEMA from below in few days. HCL Tech can go up to the resistance line placed at 1010 giving a nice 8% return on investment.
Buy at current levels ! Put strict SL as indicated in the chart