Stock has been in a down trend since june and was not able to give a break out. Price has tested the resistance zone 3 times and now is the fourth time it is trying to break. And during this process an inverted head and shoulder pattern is formed on the price chart. As we know that it is a reversal chart pattern, and we can see an upmove from here if price...
Prices undergoing Ascending Triangle Breakout
All Levels Mentioned On Chart
How to trade the setup?
When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict
T1 : is Target 1
T2 : is Target 2
When you achieve your first target, book profits of 50%
and shift the stops to the cost
The term Catastrophe Stop, is a...
It breaks a multi year resistance zone 332-339, with a 7.5% big bullish candle along with high volume .
A good swing for short to mid term period.
Buy price : 340-350
Stop Loss : 321
with a minimum target of 388.
55 EMA crossed 200 EMA on weekly chart which is also a good sign
Disclaimer : This analysis/strategy is only for educational purpose and not be...
There is a good breakout and retrace on Hindustan Petro on daily and weekly chart cmp Rs 321 with a Stop loss 300 , Target 480
Holding Period 6 to 9 months
Please do your own analysis before take a trade
2X Target done in Hind petroleum after forming inverted head & shoulder pattern I decided for the target of 12 % but it crossed the target like rocket and given 21% return till now and never touched it down again. now it has passed the retest from target line for more bigger targets and now trading around 52 week high. Enter with small SL after breaking the...
⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Long Term trendline resistance
2) accumulation can be seen clearly
3) there is a inverted Head & shoulder pattern as well
4) stock...
⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Long Term trendline resistance
2) accumulation can be seen clearly
3) there is a inverted Head & shoulder pattern as well
4)...
HINDPETRO -Buy call for HINDPETRO was given on 11 May.
Buying Range was 260-265 . Currently trading at 320.
The stock is heading to 450 levels in midterm.
Below is the call shared on May 11
NSE:HINDPETRO
Observations:
1) On 15min time frame, we can see there is hidden bullish divergence is formed. As price is making higher lows and RSI is making lower lows.
If tomorrow it sustain above 300 level then we can see upmove.
Please refer below chart : 15 Time Frame.
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Trade Setup for Date 04-10-2021:
1)...
In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing...
![HINDPETRO: Simple Trade Setup | HINDPETRO |04-10-2021 [INTRADAY]](https://s3.tradingview.com/h/hfN7zDQY_mid.png "Simple Trade Setup | HINDPETRO |04-10-2021 [INTRADAY]")
