Good entry opportunity in Wheels India.
Price is on the trend line, so risk-reward ratio is good.
Can exit with 1:2 target also.
SL can be extended upto 530.
The squeeze indicates tightness and volatility in a stock. In the example here of #krishana, a high compression squeeze was seen the day before the breakout. This is indicated by the yellow date in the squeeze indicator. If the squeeze is combined with the VCP pattern or the formation of higher lows prior to the breakout, the probability of success of the...
Buy 20% around 1460-1480, rest add in chunks 1400-1450. Most prefer area 1430-35.
Closing basis Stoploss @1350. Targets has been marked.
*Note- Only for educational purpose.
CESC has broken the day downtrend and is moving upside. I already have taken the trade with a 1 rupee stop loss and 5R target. one can still take this very low-risk trade.
Please do your own research before taking any trade.
Entering here is good for the risk-reward ratio in the trade.
If the stock doesn't break the parallel channel downside, may rise to the levels of 700/730 or even more in the coming days. For exit, follow your risk management every time.
For learning and sharing purposes, not a bit of trading advice.
Please comment with your views.
This is a beautiful setup which seems ready for a take off.
Accumulate before it flies.
Market Cap ₹ 818 Cr.
Dividend Yield 0.98 %
OPM 5Year 10.3 %
OPM 15.3 %
Pledged percentage 0%
Debt to equity 0.13
Promoter holding 59.5 %
Awaiting a breakout soon.
A Darvas Box formed (good consolidation)
It can also be seen as a Pole Flag.
Moving averages have been supporting the stock well.
MACD crossover has been made.
I have been watching this for long time. You can see all close support and resistances.
Right now it is in a good range and have potential news and sector rotation for making all-time high.
not buying advice..
Riding the Inverted Head and Shoulder Pattern here.
Weekly chart so time frame is minimum 3months to a year.
MACD is about to crossover.
Took support at 20 EMA.
ICICI bank long setup inside channel pattern. Stop-loss targets are plotted on the chart. Los risk trade setup only if it bounces back from the Confluence zone of the support area and TL.
Pure price action analysis. With the low risk setup that I see here , I don't think I would need a stop loss.
1,2,3 Pattern on display is the beginning of every great move and when it falls within a pattern of a triangle breakout and retest as well as an inverted Head and Shoulder pattern + a reversal at RSI bottom what else do I need.
Holding with Patience....
I like this setup.
It might take some time to get there but the setup is what I focus on and not the time.
When markets seem overbought , time to look for good stocks with good pattern.
