Falling wedge pattern reversal in CONCORCONCOR
Key highlights: 💡
✅On 1D Time Frame Stock Showing Reversal of Falling wedge Pattern .
✅ It can give movement upto the Reversal target of above 735+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 828+ .
Optionsstrategies
Descending triangle pattern breakout in PERSISTENTPERSISTENT
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakout of Descending triangle Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 4620+.
✅Can Go short in this stock by placing a stop loss below 3855-.
Falling wedge pattern breakout in BALRAMCHINBALRAMCHIN
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakout of falling wedge Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 430+.
✅Can Go short in this stock by placing a stop loss above 390-.
Descending triangle pattern Reversal in COLPALCOLPAL
Key highlights: 💡
✅On 1Hr Time Frame Stock Showing Reversal of Descending triangle Pattern .
✅ It can give movement upto the Reversal target of above 1515+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 1610+ .
Falling wedge pattern reversal in JUBLFOODJUBLFOOD
Key highlights: 💡
✅On 1Hr Time Frame Stock Showing Reversal of Falling wedge Pattern .
✅ It can give movement upto the Reversal target of above 505+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 555+ .
Ascending triangle pattern breakout in NAUKRINAUKRI
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakout of Ascending triangle Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3810+.
✅Can Go short in this stock by placing a stop loss above 3680-.
Inverted head and shoulder pattern in NAVINFLUORNAVINFLUOR
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakout of Inverted Head and shoulder Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 4115+.
✅Can Go short in this stock by placing a stop loss above 3950-.
✅ breakdown this can give risk:reward upto 1:5+
Channel pattern reversal in TATACONSUMTATACONSUM
Key highlights: 💡
✅On 1Hr Time Frame Stock Showing Reversal of Channel Pattern .
✅ It can give movement upto the Reversal target of above 778+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 800+ .
channel pattern breakout in LAURUSLABSLAURUSLABS
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakout of channel Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 391+.
✅Can Go Long in this stock by placing a stop loss above 378-.
✅ breakout this can give risk:reward upto 1:3+
Rising wedge pattern breakdown in WHIRLPOOLWHIRLPOOL
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakdown of Rising wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 1455-.
✅Can Go short in this stock by placing a stop loss above 1515+.
✅ breakout this can give risk:reward upto 1:5+
Head and shoulder pattern breakdown in INDUSINDBKINDUSINDBK
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakdown of Head and shoulder Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 1140-.
✅Can Go short in this stock by placing a stop loss above 1218+.
✅ breakdown this can give risk:reward upto 1:5+
Falling wedge pattern breakout in DABURDABUR
Key highlights: 💡⚡
✅On 1h Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 580+.
✅Can Go short in this stock by placing a stop loss below 561-.
Rising wedge pattern breakdown in IGLIGL
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakdown of Rising wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 390-.
✅Can Go short in this stock by placing a stop loss above 422+.
✅ breakout this can give risk:reward upto 1:6+
Triangle pattern breakout in NAVINFLUORNAVINFLUOR
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing breakout of triangle Pattern.
✅ Strong bullish Candlestick Form on this timeframe.
✅Re-entry has been given to resistance.
✅It can give movement up to the Breakout target of 4360+.
✅Can Go Long in this stock by placing a stop loss below 4045.
✅ breakout this can give risk: reward up to 1:6+
JSW STEEL JSW Steel Ready to break out. Multiple time faced resistance price of 769 to 775. Once break out with the volume. it will shoot like rocket.
Keep Eyes on JSW Steel.
note : this is only for education purpose. do your own analysis before taking any trader and consult your financial advisor before taking any trade.
Falling wedge pattern breakdown in CIPLACIPLA
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakdown of Falling wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 1005-.
✅Can Go short in this stock by placing a stop loss above 1100+.
✅ breakout this can give risk:reward upto 1:4+
Falling wedge pattern breakdown in TVSMOTORTVSMOTOR
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of above 1160+.
✅Can Go Long in this stock by placing a stop loss below 1020-.
✅ breakout this can give risk:reward upto 1:4+
Divis Lab: At support and trading strategyChart setup
The stock has previously taken support at 3450 odd levels in late May - June 2022 / Aug 2022 / Oct 2022
- it broke down below that in November and the same level acted as resistance in for a month and a half
- now again trading above the crucial levels
- blue trendline support comes at 3330 odd levels on 25 Jan 2023
___________________________________________________________________________________________________
My Trading strategy
Given the set up going with a Put short
Sell 3400 put option currently around 92-95
____________________________________________________________________________________________________
Gain potential and understanding risk profile
The strategy has a max profit potential of Rs 13800 per lot and (ROI potential of 15.5% approximately)
The strategy has inbuilt loss protection for a fall up to 3308 till Jan expiry.
____________________________________________________________________________________________________
My Risk Management levels
On the downside I would be watching out for 3405-3388 odd levels.
It give enough time and scope to adjust / exit in case view gets invalidated.
Take care & safe trading...!!!
Hope the analysis and explanation of trading strategy helps you plan and manage your trade.
Do let me know if you find the analysis and insights helpful.
To trade with me, Do Like and Follow for getting more trading ideas like these...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Falling wedge pattern reversal in SRFSRF
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Reversal of Falling wedge Pattern .
✅ It can give movement upto the Reversal target of above 2400+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 2930+ .