YESBANK - TREND REVERSAL PATTERN FORMATION NSE:YESBANK
=Rectangle formation after a bear trend indicating short term trend reversal.
Yes bank has witnessed a very long bearish downtrend.
Yes bank has taken a support of lifetime low and its is consolidating heavily around that zone for more than a year
Have given a breakout from rectangle formation on daily timeframe with volume spike.
This might give follow up move in some time
Take small quantity above 15.25 for a swing trade and keep accumulating more on the breakout test zone.
# Have discussed how to trade rectangle pattern refer it for more detail.
Hope you found this helpful and I sincerely hope you find a ton of good rectangle formations to trade-in!
Happy Trading!
Multitimeframeanalysis
GANGESSEC#GANGESSEC (W):- CMP 143.15 Looks Good For More Upsides :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
Daily chart looks interesting thinking of buyLAURASLAB is in weekly demand zone. In the daily timeframe if a marubozu candle is formed today it will set some bullish momentum. If in the coming days it shows some weakness with small red candles then buying around 475-460 with stoploss of 439 for target of 518,544,570 seems good RR trade.
VRL Logistics✔️ VRL Logistics
🔹Breakout with volume
🔹expecting a good movemnt
-promising chart
🔹our first entry at 420 range
here is the second opportunity
🔹Company is expected to give good quarter
🔹Company has been maintaining a healthy dividend payout of 67.55%
ABOUT THE COMPANY
VRL Logistics is engaged in logistics services dealing mainly in domestic transportation of goods. Other businesses include bus operations, transport of passengers by air, sale of power and sale of certified emission reductions (CER) units generated from operation of wind mills. The operations of the Company are spread all over the country through various branches and transshipment hubs.(Source : 202003-01 Annual Report Page No:132)
🙏Study the chart then Invest
VARDMPOLY Breakout: Target 200%VARDHMAN POLYTEC has given trendline breakout (flag pattern).
1) Entry can be taken @CMP
2) TARGET : is 91,but 1st target Kan be taken as 1:3 RR. Total RR target is 1:7 aprox. That is huge.
3) Stoploss should be below the support zone.
Position sizing is most important.
Disclaimer : This Analysis is only for sharing my ideas and not suggestion for taking trade. I'll not be responsible for any p&l.
Thank you!
#107 HDFC BANK BLOCKBUSTER ON THE WAY107 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know.
Leave a comment that is helpful or encouraging.
srtransfin 1 year view the stock recently broke its life high
ie a multiyear breakout seen after 3 years .
with a risk of average 20 % approx (which is least if considered a period of 1 year _) for a target not less than 50 -55 %
i see the structure is nothing wrong and the stock ideally should perform
RKEC Again At Your Finger Tips✅Sharing again and again
A 💥GEM💥 for my followers
U know our first entry @62 and it made a high of 116
Now the time for re-entry
Cmp 84
Trgt 200++
U can check the reasons why i shared it(check my previous rkec chart)
Study-study-study
Then invest
Opportunity at your finger tips😋study
Thanku
Like-Comment-Support🥰
Muti Time Frame RSI StrategyMulti Time Frame RSI is based on Concept of capturing Higher Time frame Momentum. Generally Higher TF Trends are more reliable and long
This strategy get the Monthly Weekly Daily and Current Time frame RSI and then trade on lower time frame taking as base of Higher TF
For Monthly, Weekly and Daily TF => RSI is set to = 40
for Lower TF => Upper RSI is = 65 Lower RSI is = 45
Trading Logic
Long = Current RSI > ( upper RSI and Monthly, Weekly and Daily TF RSI )
Short = Current RSI < ( Lower RSI and Monthly, Weekly and Daily TF RSI )
Brokerages Set to = 0.03%
Risk Mgmt=> Per trade risk = 5000 Rs
Alert=> alert are coded once you schedule TV alert, following singnal will get generated at current TF Candle close
Long = LE,
Close Long = LX
Short = SE,
Close Short= SX
For Bank Nifty = 1 hrs TF is preffered and Nifty = 15 Min TF
Late night Technical analysis talk - Swing and Intraday stocks These are potential trades given by you guys only in the comment section :) also, some are my findings, UPL bearish trade can be taken as a good intraday
opportunity and the same goes for bajaj finance 15min BO anticipation and inverted HnS trade.
Other stocks are good to go for our swing trades
SBIN LONGOn the daily charts of SBIN, it can be seen that it is taking support of its recent trendline (yellow one) and there is a year old resistance too (green one). (OPEN CHART ABOVE)
Also, on the weekly charts, a breakout then a retracement kind of action is seen. Also there is a good buying pressure at the day end today.
This shows that soon a breakout is expected on the daily charts from the green line.
One may look for buying opportunities above 445 with good volumes and good candle body.
Expected targets could be 456, 471, 490.
Stop loss, considering buy around 445. could be at 425. TRAIL STOP LOSS
FOLLOW IF YOU LIKE THE ANALYSIS
LIKE AND COMMENT WHAT YOU THINK ABOUT IT!!
Gujarat Gas Walking on Bollinger BandsGujrat Gas Walking on Bollinger Bands. June 2021 breakout completed, consolidated earlier and now July break out happening.690 levels is support confluence of FIB23 and previous resistance and 20 moving average. Higher timeframes of weekly monthly also has strong bullish momentum and trend. Small retracements ahead could be place to bet long.
Gain 10% in IOC after this video - MULTI TIME FRAME analysisWhat I see in IOC Would love to share my views with you all :
_ I see that the price was getting rejected from the same trendline on weekly basis for quite a while now
and recently broken with 4 bullish green candles on W charts
_ I see that the zone of 102 to 106 is a strong supply-demand conversion zone, which means it can sometimes work as
demand and sometimes supply zones
_ For now it has broken that supply zone and gone up by 17%, now it is retracing its move, for that we have fibo
tool to understand where it is in terms of retracement
_ I see that the price resides on 0.3 fib retracements and also on supply-demand conversion zone of 105 levels
which will act as demand/support for the price
_ I also see that in 1hr time frame it is making a good trendline which needs a breakout
_ A breakout as depicted in the video if given then it might boom for 113 levels and 117 levels
Trade levels :
Breakout of small trendline needed above the 107 marks ( on 1hr TF )
SL should be self kept as its a self-owned thing ( I might keep it below the swing )
Targets should be set at least larger than the SL and logical too ( 113 is good resistance and 117 is near term high )
___ Have a nice trading-day :) ___






















