Many reasons: Inverted Head & Shoulder breakout with Very High volume surge. Ascending triangle pattern breakout. Strong Buy with a SL of 900 for a target of 1000.
After 4 bullish candles, there is a bearish candle. But today's green candle formation creates a nice Bullish Tweezer Patten with considerable volume. It is also broken a resistance level of 124. Buy above 125.50 with a SL of 123 for a target of 130.
🚀 Expanding Triangle Breakout. 🚀 Stop Loss Below Breakout Candle. 🚀 Target of 25 % From Current Levels.
Consolidation. Can potentially be a swing trade opportunity in both the sides. In either of the consolidation range breakout, it can follow through in that direction.
Cup & Handle formation is ongoing. Can be a potential breakout candidate. Volume is also picked up. SL: 160.
Descending Triangle bottle level is challenged. If it trades below the 630 level then it's a potential short candidate. Volume needs to accompany. SL: 675
Not yet break-out happens. But keep a note of this stock once it breaks above the consolidation zone. A 7 months rounding bottom formation. followed by a few days of consolidation. Two possibilities: 1. Either will give a breakout. 2. Retrace -> create a Cup-and-Handle . Keep an watch.
Wonderla Holidays is engaged in the business of Amusement Parks and Resort. KEY POINTS IPO and promoter group Wonderla came up with their IPO in April 2014 to raise 181 cr. which went into funding their upcoming amusement park in Hyderabad, that was operationalized in 2016 . The company was setup by Kochouseph Chittilappilly in 2000, the same promoter group...
Note: Weekly Chart: - Rounding Bottom formation completed with 11 months time horizon (blue arch) - Convincingly above long term (3 yrs) downtrend line. (blue solid line) - Cum. Vol delta is positive and in uptrend for last few weeks (below plot) - In a fresh motive Wave-1 in Elliot Wave since July (purple). With a SL of 1150, one can long. For safe trader can...
Bearish sign: 1. At the strong resistance level of 680 (which incidentally has 7.2 lakhs Calls written), a copy book Evening Star bearish pattern appears. 2. The COI (cumulative open interest) is reducing. 3. In OI chart, lots of PUTs are unwounded in the immediate support level of 650 (1.2 lakhs PUT unwounded). Only concern is: Volume does not pick up. RR: 1:1
Ready to break out for NSE:IIFLWAM Reasons: 1. 6 months long Cup and Handle formation 2. High volume with a very big green candle to clear out the consolidation. 3. Ascending triangle pattern. 1:1.2 RR.
All suopport and resistance are drawed here for last 1 week or 7 trading day All levels will be respected and at break of support and resistance you can trade breakout without any 2nd thought Just go for it guys its backtested.
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
NSE:BANKNIFTY I strongly believe this is not a breakout , and might be a fake one as NIFTY HASN’T BROKEOUT YET If NIFTY BANK breaks and closes above the parallel channel, then i may re-think about my analysis Here’s a link to my previous Analysis I’m still thinking it may play out, keeping in mind of foreign markets. Watch for breakout and close above...
A classical Cup=and-Handle pattern is just completed. Volume is not that great, but moderately OK. The current level where it is closed is near a good resistance level. Trend is clearly up. If if breaks about the high of 164, boom. SL : 156. (Target: Honestly I am not getting .. going back to the chart not helping me). Just keep an watch on this .. if it goes...
Zomato is went above 50 EMA and on falling, took support on 50 EME. It has stochastics slowing reducing strength but still on positive side. Supports marked with green trend lines. Resistance marked in red trend lines.
I am trying to using LuxAlgo's awesome time-series predictive fittings into the Nifty daily chart. The last one month's (19th July to 19th Aug - mentioned as orange in the photo) has the most similarity between 20th Dec'21 to 20th Jan'22 (green in the photo) :) My construction is: training window (grey in the photo) is last 10 months and prediction window is...
you can see in the chart that the demand zone is formed according to the price action ,so one can take a chance to buy by keeping the sl of 117 at this place