M-oscillator
Another Triangle Breakout on the handsSince March 21 CDSL is making higher high's and higher lows,during consolidation triangle pattern is formed and till now it has successfully given breakout on the upside of 4 previous triangles.We are in a fifth triangle.
Average time taken by previous triangles to form: 9.25 days
Average return from triangle breakout:14-15%
Maximum time taken after breakout: 4 days.
Looks like fifth triangle is about to mature.If on monday prices trades above 985,than longs can be initiated with a stop of 950 and tgt of 1085.
PS:look how volumes get's dried up in triangle each time and every price breakout has been supported by volume expansion.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
SAIL IS GOING TO BE A RAIL AGAINSAIL is creating a base again to be a bulllish RAIL ---------------------------------------->
As you can see , it has already broken its falling wedge few times(unlike JSW and TATA Steel as they are strictly following the falling wedge), also the momentum increased creating a bullish divergence. So we can expect a good spike in upcoming days.(Can be a swing/positional trade after few days)
FOR INTRADAY TRADERS( only for 31-05-2021)
1- It was totally bearish last day and CREATED A DOJI(could be a sign of reversal) as last candle (on hourly frame).
2- Also , since it came again to support, so it can jump again as momentum is increasing.
LASTLY ITS UP TO YOU WHETHER TO TAKE A TRADE OR NOT, BUT FOR A SAFER SIDE, CAN EXPECT A PROFIT OF 4-4.5 Rs per share.......
Happy Trading ..... :)
SUNTECK REALTY Daily chart breakout The chart is pretty self-explanatory. A simple breakout with volume and SL if breakout fails based on risk taking ability. MACD is also suggesting a trend reversal but the reversal is on its very early stage. Also stock has crossed 9 MA (9 MA can be very useful for short term) and today the stock has crossed the last lower-high swing.
For a good trade, I keep fundaments in mind because and atleast 3-4 technical reasons to take the trade. For me, this trade fulfils all my tech analysis requirements.
HDFC set for re-continuation of Uptrend Clear Cup & Handle Formation in HDFC, followed by a small breakout of the Handle.
Cup & Handle is a continuation pattern, which suggests that the blip in HDFC's upward trend may be over, and the uptrend is likely to now continue.
Confirmations of the pattern formation/ trend analysis are (1) supported by a bounce back off the 2370 support level, and (2) Bullish Divergence forming between the increase in RSI and decrease in price.
START OF NEW NEO IMPULSE WAVE.GET LONGPRICE BREAKOUT IN TODAYS TRADING SESSION @ 916
ALSO PRICE HAS MULTIPLE SUPPORT AROUND 900-905 AREA
TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG @ CMP OF 931 AND ADD IF PRICE COMES @ 916
STOP LOSS OF 904 ON CLOSING BASIS
TARGET 1050.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
TRIANGLE PATTERN BREAKOUT.START OF NEW NEO IMPULSE.GET LONGPRICE GAVE TRIANGLE PATTERN BREAKOUT IN TODAYS TRADING SESSION @ 1182
TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG @ CMP OF 1194 AND ADD IF PRICE COMES @ 1182
STOP LOSS OF 1150 ON CLOSING BASIS
TARGET 1380.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
DOUBLE BOTTOM BREAKOUT.START OF NEW NEO IMPULSE.GET LONG PRICE GAVE DOUBLE BOTTOM IN TODAYS TRADING SESSION @ 2951
TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG @ CMP OF 2964 AND ADD IF PRICE COMES @ 2951
STOP LOSS OF 2730 ON CLOSING BASIS
TARGET 3220.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
HIGHER HIGH HIGHER LOW.START OF NEW NEO IMPULSE.GET LONGPRICE IS MAKING HIGHER HIGH AND HIGHER LOWS AND GAVE BREAKOUT IN TODAYS TRADING SESSION @ 969
TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG @ CMP OF 986.60 AND ADD IF PRICE COMES @ 969
STOP LOSS OF 940 ON CLOSING BASIS
TARGET 1150.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
START OF NEW NEO IMPULSE.GET LONG ABOVE 1183COMPANY POSTED GOOD QUARTERLY RESULTS
IF PRICE BREAKS OUT IN TODAYS TRADING SESSION ABOVE 1183 THAN IT CONFIRM HIGHER HIGH AND HIGHER LOW PATTERN.
SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG ABOVE 1183
STOP LOSS OF 1140 ON CLOSING BASIS
TARGET 1280-1300.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
START OF NEW NEO IMPULSE WAVE.GET LONGPRICE GAVE CHANNEL BREAKOUT IN TODAYS TRADING SESSION @ 772
TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG @ CMP OF 780 AND ADD IF PRICE COMES @ 772
STOP LOSS OF 736 ON CLOSING BASIS
TARGET 880.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
GNFC - Regression Trend ContinuesGNFC broke out the previous H&S pattern on our long term view and then failed breakout zone on short term charts, respecting the resistance line and bounced back twice from our SL at 384 indicating short term profit booking before results.
RSI indicating bounce from support and change in trend which could give major breakout once crossed 413, hence adding more quantity now with same SL for 2-3 weeks.