SIEMENS - Swing Trade - 11th February #stocksSIEMENS (1D TF) - Swing Trade Analysis given on 11th Feb, 2024
Pattern: RECTANGLE BOX BREAKOUT
- Resistance Buildup, Retest and Break - Done ✓
- Retest & Consolidation - Done ✓
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Indianstockmarket
BHARAT ELECTRONICS - Swing Trade - 7th February #stocksBHARAT ELECTRONICS (1D TF) - Swing Trade Analysis given on 7th Feb, 2024
Pattern: FALLING WEDGE
- Back at Support / Demand Zone
- Wait for EOD candle for small RR
- Mandatory to keep SL in play
- Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #BEL #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment
Borosil Renewables Ltd - Looks Good!Script: NSE:BORORENEW
Pattern: Symmetrical Continuation Triangle
A Symmetrical Continuation Triangle (Bullish) is a technical analysis pattern often observed in financial markets, particularly in price charts. It is characterized by converging trendlines that form a triangle pattern. This pattern typically occurs during an uptrend and suggests a continuation of the bullish trend after a brief consolidation period.
Breakout: The pattern is typically resolved with a breakout in the direction of the preceding trend, which in this case is upwards. Traders often look for a decisive close above the upper trendline as confirmation of the bullish continuation.
Target: The price target for a bullish continuation is often measured by the height of the triangle at its widest point, projected upwards from the breakout point. This provides an estimate of how far the price could potentially move in the direction of the breakout.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade
Himatsingka Seide - Keep In Radar!Breakout in NSE:HIMATSEIDE : As the supply of shares at that resistance level diminishes, buyers become more dominant. When the supply finally depletes, the stock price breaks out decisively above the upper trendline or resistance level. This breakout signifies a shift in the balance of power from sellers to buyers, and the stock price typically starts moving higher.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade
Bullish Continuation Diamond PatternNSE:CGPOWER - Continuation Diamond Pattern (Bullish)
Following a period of consolidation, the price has surged upwards, indicating a potential continuation of the previous upward trend.
The sequence typically initiates within a downtrend, where prices form higher highs and lower lows in a broadening pattern.
Subsequently, as highs reach their peak and lows begin to ascend, the trading range gradually contracts.
Upon the breakout beyond the boundary lines of this diamond-shaped pattern, it signals the revival of the prior uptrend.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade
ICICI BANK - SWING TRADE - 14th January #stocksICICI BANK (1D TF) - Swing Trade Analysis given on 14th Jan, 2024
Pattern: FALLING WEDGE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retracement & Consolidation - Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #icicibank
PIRAMAL ENTERPRISES - Swing Trade - 5th February #stocksPIRAMAL ENTERPRISES (1W TF) - Swing Trade Analysis given on 5th Feb, 2024
Pattern: FALLING WEDGE
- Volume Spike at Resistance - Done ✓
- Breakout - In Progress
- Retest & Consolidation - In Progress
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Bottom Wedge - Bullish Signal!Honda India Power Products Ltd
The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation.
Pattern : Bottom Wedge
Shows two converging trendlines as prices reach lower highs and higher lows.
This pattern may suggest a slowing of downward momentum and a possible upcoming upward price movement.
Traders often look for breakout points above the upper trendline as a signal to enter a long position.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade
THERMAX - Swing Trade Analysis - 28th January #stocksTHERMAN (1D TF) - Swing Trade Analysis given on 28th Jan, 2024
Pattern: FALLING WEDGE BREAKOUT
- Volume Spike at Resistance - Done ✓
- Breakout - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #THERMAX
AMBUJA CEMENT - Swing Trade Analysis - 28th January #stocksAMBUJA CEMENTS (1D TF) - Swing Trade Analysis given on 28th Jan, 2024
Pattern: RECTANGLE BOX BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #ambujacem
AEGIS LOGISTICS - Swing Trade - 1st Feb #stocksAEGIS LOGISTICS (1D TF) - Swing Trade Analysis given on 1st Feb, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #AEGISCHEM
Supriya Lifeciences Episodic Pivot TradeSupriya Lifesciences made a gap up (episodic pivot) on 8th Feb due to its blockbuster earnings, intresting part is even in the carnage of Smallcap & Midcaps the gap has been sustained continuously for 3 consecutive days, and never did it break the low of the EP candle. This shows strength in the scrip and I believe in the coming days once the market recovers, this scrip will move easily towards 400, 440 zone.
Stoploss 312
DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
BIRLA CORPORATION - Swing Trade - 11th January #stocksBIRLA CORPORATION (1D TF) - Swing Trade Analysis given on 11th Feb, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #BIRLACORPN #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment
Nahar Spinning looks Good.Pattern: Double Bottom pattern
The Double Bottom pattern emerges within a downtrend when the price hits two separate lows at approximately the same level. During the formation of this pattern, the volume tends to indicate a decrease in downward momentum, diminishing as the pattern develops, with a slight increase in volume at each low, typically less on the second low. Eventually, the price breaks above the highest point between the two lows, confirming a bullish signal.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade
SYNGENE - Swing Trade - 7th February #stocksSYNGENE INTERNATIONAL (1W TF) - Swing Trade Analysis given on 7th Feb, 2024
Pattern: FALLING WEDGE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #SYNGENE #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment
JINDAL STEEL & POWER - Swing Trade - 6th February #stocksJINDAL STEEL & POWER (1W TF) - Swing Trade Analysis given on 6th Feb, 2024
Pattern: RECTANGLE BOX BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #JINDALSTEL #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment #stockstowatch
SAIL - Swing Trade Analysis - 28th January #stocksSAIL (1D TF) - Swing Trade Analysis given on 28th Jan, 2024
Pattern: FALLING WEDGE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #SAIL