Bullish sign in ADANIENT. Morning star candelstick patten and Trend line support makes it more reliable. Volumes are very high at this point. Its going to touch 180 level soon and keep SL at 151. This is only for educational perpouse.
KSCL will soon hit the resistance of 624. Swing Target should be 622. However, the depth also shows for a target of at least 640 in the near future. Trailing Stop Loss will work. Results awaited
Market Analysis : Axis bank Symmetrical triangle breakout in 30 mins time frame. Target and Stop Loss given in the chart. Go for long based on your risk reward ratio
Profits will stick to those who stick to Pidilite. Afterall, the company manufactures Fevicol!. The Price action has an almost perfect setup for going long - double bottom, consolidation, a nice rejection candle with a long tail. Technical indicators are positive too - RSI Bullish Divergence among other indications. The blue horizontal lines are Gann Levels -...
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
A Flag pattern has been observed in Bajaj Finance. The stock is in very bullish trend and will continue to do so because of strong fundamentals. On the other hand all the technical indicators suggest a long position. Long above 3350. Target 1: 3419 Target 2: 3500 Stop Loss: 3300 Something to pay attention: Results round the corner. A positive result will send...
After a Bullish Trend, it tends to consolidate for some time and again continues its prior trend. 33% , 50%, 66% retracement level, is the level in which most bounce back and continue the prior trend. --- It kind of forming a FLAG pattern to. --- Volume looks good too.
Triangle Pattern formation + High Volume = Breakout is Possible
We can see a clear Cup & Handle Classical Pattern formation, it can breakout if market sentiment is positive.
Might continue the trend and go for gap filling.
The entry point is previous support -> current resistance and have tested multiple time, so might be weak now. Might be a good long opportunity !
Chart is self explanatory . Buy @132 Target @ 150-175 SL @118
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
a good breakout in banknifty buy at current price
We can see a clear flag pattern formation. If market sentiment is positive, this can breakout.
For the past 20 days, this stock has been in trading in range. If the market sentiment is positive, this can breakout of its trading range.