Hello Traders, i have brought another analysis on a pattern breakout which called (Rectangle Pattern). Well i have marked and written most of the things on chart, but still i am gonna to teach you here guy's about this pattern so if you see this next time, at least you guy's will be able to trade. So Let's start:- Q:- What is Rectangle Pattern and How to Use...
Hello Traders & Investors, I have brought another analysis on Symmetrical triangle pattern breakout. Well this almost similar to Triangle pattern, but in this lower band trendline act upward sloping support in security. Same we have seen in Havells. Well there is higher Chances that we can see huge momentum in coming few weeks. So let's go, i will explain a bit...
Good Buy opportunity in Bajajfinance as per 1:1.5 Risk Reward Ration. The stock has taken support on 200EMA and has given a breakout. Note: This information is for Learning/entertainment purpose only and should not be treated as any trade recommendation. Please do research and consult your advisor prior to taking any actions. If you like this Idea, Please do...
Clarification of setup 1. candle closure on 7th feb and 14th march 2023 seems there is good support near 2720 levels and can be assumed as double bottom setup. 2. divergence has occurred between price and RSI , indicating short term bullish pattern . 3 entry, t1 and t2 has been marked in chart. Note for everyone who came across this study: This chart is only...
NSE:WIPRO Descending channel pattern breakout given Buy with stoploss - 390 Target - 409, 417, 425 For the long-term view, check link attached in the related ideas.
NSE:TATAMOTORS Took support from trend low and trading near demand zone, expecting upswing from here Buy with stoploss - 395 Target - 411, 421, 432
NSE:IEX Indian Energy Exchange (IEX) is the premier electricity exchange in India, which facilitates trading of electricity regulated by the Central Electricity Regulatory Commission IEX commands a market share of ~90% in the power exchange market The company has a debt free balance sheet with cash & investments to the tune of ~ |340 crore ...
Airtel Trading near edge of the pattern support level Buy with stoploss 655 Target - 670, 678, 690 Time frame (3-5 days)
#POWERGRID #Daily Chart #UPFlag BO Retest Done #Buy 240-241 #Target 260 & 275 #Stoploss 235 DCB
Hi Traders Lets talk about nifty today, as you can see nifty is fallling for last 2 months which was expected as per neowave counts. I am bearish in nifty from 18200 as you can in my previous nifty trading idea. But whats now, thing is trend is still bearish for two weeks in medium...
Hi everyone, Tata motors short-term swing trade consider buy on pull back 478 target 497 stoploss 466. LOGIC BEHIND TRADE : Stock has given correction recently & given breakout of dynamic trendline resistance and static resistance too! buying on pull back is best & makes good RR risk reward ratio target identified from harmonic xabcd pattern level 1.272 stoploss...
This is weekly timeframe. It took support at 0.38 fibo level. Gave breakout. As per flag pattern the target comes 3600 levels it's seems way too high and may take yrs to achieve. But we may see 2370-80 levels soon as it is resistance zone. Sharp rise in volumes on buy side on weekly timeframe. Let's see what happens. This is my own analysis and only for...
NSE:TATASTEEL tatasteel downtrend is started forming traingle formation
Titan has crossed the resistance zone with volume support and also have given closing. It was in consolidation for almost 5 months. Good up move expected. This post is for educational purpose only.
Bajaj Finance Already In Uprend From Many Months, Now After Day Breakout Consolidated Near Sypport Area And Agin Started To Take A Up Move. higher High Formation Done With Great Volume. Hold For New High. TARGET SEEM 6420-6500 FOR LONG, Once close above upper trendline then we can see a big move.
NSE:ADANIPORTS has given breakout after 3 months of contraction inside an ascending triangle . The stock has been taking support from the trendline and has high probability to test all time high.
NIfty50 stock BPCL formed Ascending triangle pattern. You can see Rising lower trend line having ascending Higher Lows and a Flat upper trend line acting as resistance line. I have marked A and B point, to calculate the target. Price at A point = 252 Price at B point = 478.65 Formula to calculate the target is Target = (Price difference between A & B) + Price...
My idea about TCS is clearly visible in Chart. You can see a Ascending Triangle Pattern formation. Its mostly known for a Positive direction breakout. We have a lower ascending trendline which is also acting as a support line. You can see Higher lows. Whenever there are higher lows we can say stock is in Up trend. Upper horizontal trend line is resistance line,...