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+
Optionsstrategies
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
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My Trading strategy
Given the set up going with a Put short
Sell 3400 put option currently around 92-95
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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.
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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+ .
Pennant pattern breakdown in DALBHARATDALBHARAT
Key highlights: 💡⚡
✅On 1h Time Frame Stock Showing Breakdown of Pennant Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of below 1705-.
✅Can Go Long in this stock by placing a stop loss above 1850+.
✅ breakdown this can give risk:reward upto 1:6+
Rising wedge pattern IGLIGL
Key highlights: 💡⚡
📈On 1D 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 below 378-.
📈Can Go Long in this stock by placing a stop loss above 445+.
📈 breakdown this can give risk:reward upto 1:4+
Bullish flag pattern reversal in SUNPHARMASUNPHARMA
Key highlights: 💡⚡
📌On 1D Time Frame Stock Showing Reversal of Bullish flag Pattern .
📌 It can give movement upto the Reversal target of above 1045+.
📌There have chances of Breakout of resistance level too.
📌 After Breakout of resistance level this stock can gives strong upside rally upto above 1215+ .
Downtrend Parallel Channel breakout in BHARTIARTLBHARTIARTL
Key highlights: 💡⚡
📈On 1h Time Frame Stock Showing Breakout of Downtrend Parallel Channel Pattern .
📈 Strong Bullish Candlestick Form on this timeframe.
📈It can give movement up to the Breakout target of above 860+.
📈Can Go Long in this stock by placing a stop loss below 830-.
📈 breakout this can give risk:reward upto 1:3+
Intellect Design for Next Few DaysNSE:INTELLECT
Analysis after 9th dec 2022 closing
Wave Count - Last leg for C wave is remaining.
Berish Revered Divergence - which indicates buyers exhausted.
Weekly TF - Last week closing was formed bearish engulf candle for Weekly TF.
What if Analysis,
Next T. Day if Huge GAP UP wait for to break 420 Rs support for confirm Entry.
Target
~334 rs
Rising wedge pattern reversal in IGLIGL
Key highlights: 💡⚡
📈On 1D Time Frame Stock Showing Reversal of Rising wedge Pattern .
📈 It can give movement upto the Reversal target of above 386-.
📈There have chances of breakdown of Support level too.
📈 After breakdown of Support level this stock can gives strong Downside rally upto below 297-.
City Union Bank LimitedCUB:- Double bottom pattern has been formed and you can also call it W pattern. keep on eye
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.
Falling wedge pattern reversal in HAVELLSHAVELLS
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of Falling wedge Pattern .
📊 It can give movement upto the Reversal target of above 1235+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 1400+
Tuesday Fib Levels_13_12_22The Fib Levels for Nifty and Banknifty is listed for 13-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
How Does This Work>
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Bullish flag pattern breakout in MARICOMARICO
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Breakout of Bullish flag Pattern .
📊 Strong Bullish Candlestick Form on this timeframe.
📊It can give movement up to the Breakout target of above 610+.
📊Can Go Long in this stock by placing a stop loss below 515-.
📊 breakout this can give risk:reward upto 1:5+
Double Bottom pattern Breakout in SIEMENSSIEMENS
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Breakout of Double bottom Pattern .
📊 Strong Bullish Candlestick Form on this timeframe.
📊It can give movement up to the Breakout target of above 3330+.
📊Can Go Long in this stock by placing a stop loss below 2960-.
📊 breakout this can give risk:reward upto 1:6+
Triangle pattern Reversal in IPCALABIPCALAB
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of triangel Pattern .
📊 It can give movement upto the Reversal target of above 920+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 1090+
Symmetrical triangle pattern breakout in SIEMENSSIEMENS
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Breakout of Symmetrical tiangle Pattern .
📊 Strong Bullish Candlestick Form on this timeframe.
📊It can give movement up to the Breakout target of above 3410+.
📊Can Go Long in this stock by placing a stop loss below 2825-.
📊 breakout this can give risk:reward upto 1:4+
channel pattern reversal in EICHERMOT.EICHERMOT
Key highlights: 💡⚡
📊On 1H Time Frame Stock Showing bullish flag Pattern.
📊Strong Bullish Candlestick Form on this timeframe.
📊It can give movement upto Reversal target of 3440+.
📊There have chances of Breakout of Resistance level too.
📊Can Go Long in this stock by placing stop loss below 3250 or last swing low.