RSYSTEMSRSYSTEMS - Stock is breakout and that too with good volume
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Nseindia
HIKAL By KRS Charts11th Sept 2024 / 1:24 PM
Why HIKAL?
1. Bird View, After Retraced till 0.88 fibbo level making significant HHs HLs.
2. HHs HLs has formed with Accumulation / Cup at 0.88 to 0.786 level + Breakout Today with huge Volume.
3. Cup & Handle is also Visible so set my Targets accordingly,
Which are T1 - 477 Rs Short Term,
T2 - 524 Rs Medium Term,
T3 - 647 Rs Long Term.
ongc stock is at the end of accumulationg zonehello ongc stock has been last few days consolidation the stock has been accumulated
and now the stock is at the end of the accumulation stage. The price will move higher in the upcoming days
do your own analysis don't enter blindly, and follow the risk management.
JKPAPER JKPAPER - reversal stock and breakout with good volume
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Bullish Gartley Pattern in Vodafone IdeaHi TradingView Traders,
I am seeing a Bullish Bat Harmonic Pattern in Vodafone Idea.
I am hoping that it’ll drop more 20%-22% from this point. Then a reversal is possible.
And Bullish Harmonic Pattern always tend to give greater returns.
Disclaimer: This is just for educational purposes and not any advice for trading to buy/sell.
Please share a valuable feedback in comments if you if you see any more patterns or ratios.
Give it a rocket if you like this technical analysis.
KELLTON TECH SOLUTIONS By KRS ChartsDate: 11th July 2024
Time: 9:40AM
Why KELLTON TECH?
1. Currently Sustained at All-time High Price with Strong Breakout.
2. Cup & Handle Chart Pattern is visible in Weekly and Monthly TF. Also Volume is noticeably increased from year 2021 compared to its previous years.
3. RSI above 60 and Positive Crossover in MACD.
120 to 130 Rs can be better price if Correct little bit from here
If it breaks Neckline at least in Daily TF,
It can achieve 255 Rs price point from current price level.
Rico Auto INDS NSE (ALL TIME HIGH)Date - 1st March 2024
Rico has already breached All time high price level which was 114 Rs.
Expecting huge target of 220 from current price 115 of Cup & Handle pattern.
Wave Count also in Favour 5th leg on monthly timeframe is still remaining.
for the safer side majority of your entry should be on retest that shown in chart.
5ema is also supporting on monthly basis so can carry with it.
Thank You.
EPL By KRS ChartsDate:9th July 2024
Time: 12:43PM
Why EPL?
1. In a Weekly TF , EPL is showing Cup & Handle Chart Pattern , and successfully Breakout with Good Volume candle.
2. 100EMA working as support underneath.
3. Multiple trendline Breakouts already happened.
with SL of 220 Rs, Target will be 322 Rs.
SURYODAY SMALL FIN BANK BY KRS ChartsDate:23rd Aug 2024
Time: 9:26 AM
WHY SURYODAY❓❓
1. All overview, Stock was in Consolidation for long time since listed and in Jun 22 it made lowest low , after that it is in continues HH HL pattern.
2. Wave Count is visible perfectly and it is in 3rd leg of 5th wave as we can see in above chart.
3. 100 Ema is right underneath in Hourly and Daily TFs
4. Today it has broken the resistance of Flag pattern and likely to sustain above it.
5. In bigger picture, Suryoday is making Upside channeling
SAKHTISUGSAKHTISUG - market fall but stock stand positive
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
COLPAL RANGE BREAKOUT WITH MASSIVE VOL A range breakout occurs when the price of a stock moves outside a defined range of support and resistance levels. This can signal a potential trend change or continuation, depending on the direction of the breakout. Here are some key points to consider:
Identifying a Range
Support and Resistance: Identify the horizontal levels where the price has repeatedly bounced off (support) and where it has faced resistance.
Consolidation: Look for a period where the price moves sideways within these levels, indicating a range-bound market.
Types of Breakouts
Bullish Breakout: When the price breaks above the resistance level, it may indicate a potential upward trend.
Bearish Breakout: When the price breaks below the support level, it may signal a potential downward trend.
Confirming the Breakout
Volume: A breakout accompanied by high trading volume is more likely to be genuine.
Retest: Sometimes, the price may retest the breakout level before continuing in the breakout direction. This retest can provide a better entry point.
Trading Strategies
Entry Point: Enter the trade when the price breaks out of the range with significant volume.
Stop Loss: Place a stop loss just below the breakout level for a bullish breakout or just above for a bearish breakout.
Target: Set a target based on the height of the range added to the breakout point.
ABCAPITALABCAPITAL - need to break range move upside
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ARIHANTSUPARIHANTSUP - The stock has formed a triangle pattern and breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
FCLFCL - Again back to same level 423 after take little dip.... expecting to move smoothly if market support......
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ABBABB - wait for breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
IOCIOC - Need to Break the range for move upside
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
REMSONSINDREMSONSIND - The stock has broken out by forming a pole and flag pattern
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Banknifty pull back In previous post clearly analysed that banknifty is bullish and no weakness
and today Banknifty made high 52954
near expected target of 3rd wave : achieved 1.618% level
now profit booking might follow in form of 4th wave.
Today FOMC rate cut news due.. so stay little cautious at higher levels.
Disclaimer : study is educational purpose. I am not SEBI registered.
One Year BaseGood possibility after breakout above 321 levels. All details provided on chart.
Follow Strict stoploss and also trail the SL once in profits.
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Success in the markets is a function of our ability to do (or not do) things that are (or aren’t) in our best interest.
- Yvan Byeajee.