Coal India - I see potential of 180 🔰 MY thought process :
⭐I see two channels as drawn
⭐Also, I see that its on that ide of both channels where confluence can be seen taking support from one channel and resistance from other
⭐Seems like a bullish pattern to me
⭐risk is small if it breaks on the channels for uptrend = exit
⭐Target = hold till it touches the line that is at the top near 180 !!
🔰Am I taking this trade now:
Already in it :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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Monthlystructure
EID Parry | Monday setup | #shorts# I am starting this series..... of shorts, where analysis will be even simpler and potential good trades can be activated :)
# Break of this triangle = a good long as per risk
# Gap up sustained = good long as per risk
# breakdown or gap down = leave the trade
# Risk only 1% to 2% of Capital :)
# Targets = 2% to 3% after breakout or top of the triangle :)
SIYSIL Analysis | On demand of a follower :) ⭐A breakout on Month can be seen clearly if it sustains on these levels for Monday too :)
⭐Dynamic supports from 50 dema is been taken multiple times (once broken with a power candle = gap up next day above it )
⭐My calculated speculation is: a **close** above today's red candle with volume more than normal on 15min = a breakout from the pattern :), the risk gets minimal as u will exit the trade if it comes back to the triangle, then chances of manipulation increases and rewards = well if it sustains these lvls for the month than for upcoming days it might touch 362 lvls too, the time cant be predicated :)
⭐If someone takes the trade do see the Rsi too, if a close above the prev high takes place with RSI above 70 then trade will go smooth as a higher high on price with higher RSI will be made ( be careful with RSI divergence in such trades )
♔ Nice Day pattern after Monthly Breakout | TATA POWERSeems extremely bullish after the monthly breakout took place :)
U can now have a position either on the green supporting trendline SL is must and strict with proper risk ( the money u r willing to lose happily )
Or wait for the pattern to fold itself into something better = a breakout from the weak resistance trendline :)
Have a good day and happy trading :)
Gujarat Ambuja Exports - Long term Breakout- Strong breakout after a consolidation on a monthly chart
- I expect it to come down however 30% positions can be offloaded at opening and remaining at 166 levels
- Volume expansion suggests strength
- Stoploss can be at 146-147
- Expecting a retest however momentum might be very strong
BOX BREAKOUT ANALYSIS 07.04.2021BUY 252 TO 268
TAEGET 330
Reason For Buying This Script:
First conformation in monthly time frame it has broken the box and closed above the resistance line.
Now retest moment is happening .
Second conformation Down trend Line breakout .
Once the price sustain above 330 level in monthly candle and it should close above 330 in monthly candle then only it has strong conformation, And the next target up to 501.
Note:
Above Given levels are based on Monthly & Weekly time frame . It may take some days to achieve the target , So be patience's .
ALL THE BEST....
Dabur - Monthly Chart Dabur Monthly chart has a probability of Harmonic Butterfly Pattern
Harmonic Butterfly is a Reversal Pattern
It's got different variations ( by variation means, various defined Fibonacci ratios clusters )
So as per my observation of the chart first cluster which we will call Prz zone is around 525-530 levels.
If such zone is crossed with strong price action , stock may head towards its second cluster that comes around 570 levels.
And if resisted , stock may re-test 460 levels and if this long term trend has to continue , it should hold 460-440 levels on monthly basis.














