Strong rs. Multiple touchpoints. Breakout with massive volume. Very low risk setup. Probably a SL of 6%. Expected 1:2-1:3 minimum rest Trail.
After long Term Resistance & Supply Zone breakout on daily timeframe we are expecting Retest then Booom🔥🔥
on daily chart it is forming higher highs. Good volume seen in the past few weeks. Narrow CPR on weekly chart. RSI has not sustained above 60 in last 2 year. RSI just below 60. breakout level 140
Mothersumi horizontal support & resistance. Current price breached the resistance and became support. stop-loss below the support line. (Trading is probability.)
Trade according to the support and resistance line. set your stop-loss and trade.
MANAPPURAM FINANCE (1D) Candle Created three horizontal line where it takes support & resistance. Top Horizontal resistance line(Green) price - 169.80 Middle Horizontal support line(Light brown) price -153.50 Bottom Horizontal support line(Red) price -139.60 Trade according to the Horizontal lines.
DBCORP 1day candle ( Triangle pattern ) currently the horizontal line acts as support
TCS have to cross 2075-2125 for further upside. If could not able to breach this levels on weekly closing will lead to 1809, 1707,1616 and may touch 1510 low.
Crude Oil at resistance on daily chart- $60.3. Positional Short with Stop loss $60.9 for targets of $57 - $55 Happy Trading! Cheers.
Nifty will go up after the horizontal resistance 11136, Nifty is in a Bullish Rectangle pattern
In longer time frame, price closed above multi year resistance zone, and sustaining above it in smaller time frame CnH pattern formed. with sl - 495, 1st tgt - 690, 2nd tgt - 750
In monthly, price broke out of multi year horizontal resistance and sustaining above it. in weekly, BB is trending up and and price sustaining above 20ma. in daily, price broke out of consolidation and pushing upper BB upward, and BB is expanding with sl - 24 1st tgt - 85, long term tgt - 155
in weekly, price broke out of horizontal resistance with good volume, and candles are pushing upper BB and BB is expanding. in daily, there was a BB squeeze then price closed above upper BB and BB started expanding, overhead resistance at 430, with a sl - 280, tgt - 430
In daily/weekly, price brokeout of horizontal resistance, and moving up now. also after price closed above upper BB, BB is expanding , sign of bulishenss with a sl - 1224, ride the uptrend here.