NSE:INDIAGLYCO is forming the Double Top pattern. Pattern will be completed after the neckline breakout.
Will the pattern complete, or will there be failure?
breaking the resistance line - expecting RIL to go up from current level
target and stop based on comfort
personally, would wait for neckline break to enter
2540 level to watch here
patter formation - cup formation
disclaimer - trade @ own risk
seeing neckline breakout in the script
going long ....keeping stop and target as per risk appetite
enter at current level
option trade - 7700 or 7800 can be taken @ cmp
lets c how it performes
formations - double top breakout
rsi divergence
cup and handle neckline breakout
disclaimer - for study purpose only
Hi guys,
I have been following this stock for quite some time and found this perfect opportunity where the Swing RR is more than 1.7 ! Manage your risk more than managing your profits.
Comment and Like if you like the setup & have a suggestion for the next company which you want me to analyse.
Regards,
Retail Investor (Abhishek)
traingle breakout
cup n handle breakout
price restest @ traingle neckline
weekly close now above this neckline - open fresh entry
keep this stock @ weekly stock radar
If sustain above 235, then it will breach 250 soon !
Possible target
1) 250
2) 279
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
trade based on >>>
cup & handle neckline break
buy near 1290-94
for targets - 1305, 1314, 1325
stop 1275
deeper stop 1262
note :- since risk:reward not that favorable - so trade with caution
below attached previous infy chart for reference
disclaimer - for study purpose
TechM Head and shoulder pattern spotted on 2 hour chart.
Short at cmp 984 or below
Neckline is 988
First Target 943
Second Target 900 (Ideally should be achieved within 6 days)
Good breakout for Head and shoulder with RSI below 40 now and recent MACD sell signal ,best time to short!!!
Stock has given clear inverse head and shoulders pattern breakout over the levels of 400 on the weekly charts and has confirmed it with the following bullish candles. Stock can definitely be accumulated for a good long position on the lower levels with the stop-loss of 400 for the targets of 600.
breaking neck line
of ascending triangle
opening room for script
to touch 105 +
disclaimer - for study purpose only
BELOW ATTACHED OLD IDEA POST FOR REFERENCE
