M-pattern
HDFC BANK : Near strong support area Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Ascending Traingle
📌 Symbol/Asset: HDFC BANK
🔍 Description: Stock has is trading in a pattern from last 3 years.
Now Stock is around the support.
We can see good bounce from 1450-1480 levels if support is sustained
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
TITAN : Time to short after huge rally Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Broadening Triangle
📌 Symbol/Asset: TITAN
🔍 Description: Stock has formed Broadening triangle pattern after huge rally.
We might see downside from 3800 levels and one can think of short it.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
RELIANCEWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
POLYCAB : Bottoming out very soon Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel
📌 Symbol/Asset: POLYCAB
🔍 Description: Stock is around the support of Rising Channel.
Stock also completed its bearish target around 3700-3800
We can see stock bottming out near 3700- 3800
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
CIPLA Breakout Mini flag pattern 1. stock breakout resistance level almost 8th time
2. stock retest and create mini flag pattern (10.1.24 goods for interday)
3. stock close high price with green candle
4. volume also build
5. 1329 stock higher price since
6. entry should be 1330
7. target as per you planing
for my side 4% first target
8. Stop loss should resistance level where stock give breakout
Mcdowell : Best Swing Trading Setup Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Hut Pattern
📌 Symbol/Asset: MCDOWLL_N
🔍 Description: Stock has made Hut pattern and around the resistance
stock should give breakout above the resistance then we can see huge upside from hereon.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle.
APLAPOLLO : Long setup with huge upside Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadening Pattern
📌 Symbol/Asset: APLAPOLLO
🔍 Description: Stock is in a pattern and now near to the support level.
View is bullish if support is intact.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Bajaj Finance : Free fall on the way ?? Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Rising Channel
📌 Symbol/Asset: BAJFINANCE
🔍 Description: Stock has made Broadening pattern and then not able to cross the resistance.
Now stock is making Rising channel and its near to the resistance.
If resistance is not broken then
We can see fall from 8250-8350 levels.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
GIFT NIFTY : A Big Fall is on the way ??Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Possible Broadening Pattern
📌 Symbol/Asset: GIFT NIFTY
🔍 Description: Gift Nifty is might be making Broadening Pattern and we can see support around 21100-21200 range
Then Index can bounce upto 22300-22500 levels.
And Finally if Resistance is not broken then we can see huge fall of 2000-2500 points !!
Keep Tracking so we can see other possibilities and patterns which are in making
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
INDIGO : Best swing shorting OpportunityAlert! Bearish Pattern Spotted! 🐻
📊 Pattern: Rising Channel
📌 Symbol/Asset: INDIGO
🔍 Description: Stock is rising and now making rising channel.
Which is bearish pattern.
We can see downside from hereon.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.