1. Bullish market structure
2. Trendline breakout
3. Bullish above 785
4. Support zone: 736-753
5. Target: 816, 865, 911, 952
6. Stop loss: 730
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Been in a very tight channel consolidation since 1st of June (797-820). Could give a good move on breaking either of these levels.
Both long and short term MAs are currently converging which is further decreasing the range of movement within the channel.
Volumes are also declining during the consolidation.
Please note - Not a SEBI Registered...
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below
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Short Term Quick Profit
SL : 402
Timeframe < 45 Days
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections followed by another high!
Inverted Head & Shoulder Pattern Forming
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with...
Stock has been testing the long time S&R zone and in last 2 sessions has bounced from it with good volumes after making triple bottom.
INTRADAY - If stock opens around 800, gives TL break out from bottom to top and sustains above 805.50 then can target for 820 levels tomorrow. On the flip side if stock opens big gap up - around 805 levels and first 15 minute...