Triangle breakout with good volumes can gives a signal for a long position, the stock is likely to go up or trade in a small range. Well the news of lockdown in some states can take prices lower, take trade according to market sentiments. SL for long positions - 228, SL for short positions - 235.
According to zig-zag pattern, the price should go in the range of 590-595 in upcoming days.
A very good opportunity at jswsteel. Check for nifty trend before investing. This is for educational purposes, invest at your own risk.
Possible support and resistances are given, place targets and stop losses accordingly. Trade in the range or wait for a breakout below the range.
Buy if it taking support for Intraday with healthy R-R Also have buying opportunity if breaks Triangle Chart is only for educational purpose
Trade the triangle breakout. Go short if the price crosses the red line with target of 129 and SL - 132.50. Go long if the price crosses 132 with a target of 133.8 and SL - 130.9.
Possible support and resistance lines are drawn, place your targets and stoplosses accordingly.
Very good for intraday traders, for positional traders wait for a breakout.
Analysis is educational purpose only
Bank Nifty Future Sell Below If ~ 22480, Stop ~ 22680, Target ~ 21741
Sell BPCL today if it breaks yesterdays low. It has broken traingle pattern on daily chart as well as hourly chart This is for education purpose only
From the char u can clearly see that the candle is in the rage to go up and the required profit zone and stop loss is been identified using multiple time frame analysis Entry around =562 profit around = 569 stop loss around = 560 ( so safer )
Bank Nifty Future Sell ~ 22130, Stop ~ 22280, Target ~ 21700
Nifty Future Sell ~ 10725, Stop ~ 10790, Target ~ 10620
this post gives you knowledge about tvs motor stocks
THIS POST GIVES YOU KNOWLEDGE ABOUT CHART ANALYSIS OF SIEMENS STOCKS FOR A BIG PROFIT
Trade 1 Long on any dip towards 225 SL 220 target 235 Trade 2 Short near 235-36 SL 239 target 225 Trade 3 Positional Long near 225-220 SL 209 or wide 199 (on daily closing basis) target 268