Triangle Chart Pattern, Either side breakout chances however higher possibility for breakout based on the previous trend. Watch the price action carefully then plan the trade
Triangle breakout in M&M ltd. Ichimoku cloud also giving positive sentiment. CMP breaking cloud and future cloud about to turn green. keep SL below fibonacci 0 and follow the targets on the chart.
Chart is self explanatory (OPEN CHART TO SEE THE LOGIC) FOLLOW FOR MORE IDEAS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS THANKS!
As you can see the graph - 2 confirmations of a breakout 1. Trendline is broken 2. Inverse Head & Shoulder pattern Enter at your own risk. I am not a SEBi registered adviser. This is just for educational purposes only.
BPCL has an opportunity for swing entry with a potential of up to 495-500 level target. I am not interested in this setup because the RR is just about 1:1. Posting just for educational purposes. Rather I would trade after a breakout.
TCS - Wedge formation + Hidden bullish divergence StopLoss below trendline 1 as shown in the chart Target on trendline 2 as shown in the chart
BHEL is getting ready for a good swing by taking a trendline support and morning a proper Morning Star Pattern and also taking support of 200EMA. Buy after 57.50
My trade plan: Entry: 307.05 SL: 273 Risk: 1% of total capital Context: 1. Strong Buying Power seen 2. Volume Contraction 3. Good Fundamentals
Stock Name: JSL Time Frame: 5 or 15 min Entry price: Once it breaks the triangle pattern. Stop loss: 153 ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional,...
LT is expected to move 10-15% upward. Gave a proper head and shoulders pattern, also, quarterly results are about to come which would definitely exceed the expectations of the research analysts.
Self Explanatory Chart. This is a volatility contraction pattern. Can expect a minimum of 20 % upside for such heavy-weight stock in Nifty.
Reliance is looking strong along with CNX infra. It can give a strong breakout soon.
Jindal steel and power is just a little above from its proper buying zone but can still be considered for a quick swing .
Traget is 10% Target for ABB is 10%, MACD crossover also supports the trend and indicates bullishness.
Chart shows a bullish engulfing today with good volume. one of the leading brand in its sector and can be held for long, short term or swing trade looks good. slight resistance on the horizontal line near recent high, above that we should see a good rally.
Recent breakout shows rising wedge break in the chart. can go long for the given targets. good stock to hold for long term as well.
The chart has seen breakout retest on weekly basis and has formed a hammer candle at support which is a good sign. a reversal can be expected in this stock and should follow the given targets.
ADOR WELDING Context: 1. Strong Buying Power 2. Clean consolidation 3. Volume suggests potential momentum in near future 4. Good results