ITS a rounding bottom. breakout is happened after 3 years consolidation. follow stop loss on weekly closing basis.
The chart is self-explanatory and is shared for educational purposes. NATIONALUM stock is trading above the 50-150-200MA with higher highs, also supported by a strong trendline. An uptrend is expected from this level.
Hello everyone as some of our fellow traders having issue with chart as written analysis posted under it was old & they wanted to see chart pattern so here's the new chart & CDSL analysis(new) will be posted here from now onwards. (i)price is strong & formed a pattern on day time frame which says price can move up further but there are few zones marked as we need...
Greenply Industries reached an ATH of 298.85 in the month of Jan'18 and corrected almost 75% to reach a low of 72.90 in Mar'20. It had consolidated for almost 6 months in a range before starting its upwards journey again in Nov'20. It reached a high of 254.7 in a year and started correcting again. In the process it formed a triangle pattern and has freshly...
ZFSTEERING GEAR made a breakout from 2-month long bullish Head & Shoulders on good volume. Its momentum has entered bullish territory, and the Relative strength to CNX 500 is above the average line and rising. On the fundamental front its EPS and sales have been rising over the last 4 years. Also, over the last 4 quarters EPS has been rising, the last quarter was...
As we can see BANKNIFTY has finally started to correct itself after hitting its crucial trendline resistance. We may expect a healthy correction before finally continuing its bull run. As long as BANKNIFTY remains below 52500, we may expect BANKNIFTY to remain sideways to negative to plan your trades accordingly.
Vardhaman Holding has given fresh breakout of Symmetrical triangle. As this is monthly chart take your trade as per your risk rewards. Targets are marked on chart.
PARADEEP PHOSPHATES LTD Best for Swing Trading Ideas Strong Support :- 80 1st Target :- 90 2nd Target :- 100 Set strict Stoploss below 80 rupees on closing Basis Analysis The stock shows strong support around 82-83 INR, indicating that this could be a good entry point for buying. The recent correction after the surge suggests the stock is taking a breather...
#BEPL #Swingtrading #trading #patterntradinng #chartpattern BEPL : Positional Trading (Holding 1-3 Months) >> Breakout Stock >> Monthly Cup & Handle Breakout >> TWS + Flag pattern + FVG Visible on daily >> Trending Stock in Momentum >> Good Strength & Volumes Recently >> Big Player Entered in stock Swing Traders can lock 10% profit & keep trailing Please give...
Past one year is forming a parallel channel once daily closing above mean area then we may expect touching upper channel
(i) Ascending tringle breakout (ii) Near Rounding pattern breakout after 18 years Resistance. (iii) Idea is here any one considered on current price for first target to 400 and maintained SL Rs.260. (iv) Stock approaching RS positive on daily chart (v) RSI in DWM is above 60 which is shows stock is Bullish. Volumes are high. (iv) According to my understanding...
HI Traders !!! In my voice... Analysis of Airtel. Good to buy at the range of 1420 for the target of current ATH or even more. SL would be around 1375. Keep Following and show your confidence.
Its a up flag breakout. Breakout is happened after a long consolidation with huge volume. Maintain stoploss on closing basis.
Vaibhav Global Ltd shares corrected 43% after having a bearish divergence in 29th Jan 2024 peak of 541 to 306 last week. The low of 306 and two weeks prior matches with a previous 52 week low of 270. This stock can increase at least 20% in short time also can give 50% within in a year. Exit the stock if it touches 270 again. Note: This technical trend analysis...
Price Analysis & Overview: 1. Price are yet to form HH-HL formations. 2. Trading below 50 EMA. 3. Volumes are dry. It seems like no one is still interested in the stock! 4. Touched the demand multiple times - increasing the chances to break the zone and go further lower. 5. Forming Double bottom. 6. Earnings are strong - That's the only good thing in the stock...
SAPPHIRE Foods India Ltd (4HR) CMP 1567 Cup and Handle formation at probable breakout zone
capital good sector is expensive techical reasons for shorting 1.price unable to sustain above the pivot level (marked in chart ) 2.3 reversals from the resistance level 3.MACD negative divergence (12-26 ) in daily charts and weekly charts as well target and SL marked
Vodafone Idea has been on a downward trajectory for almost a decade. Based on the Elliot waves theory, it appears that the stock has completed a significant bear cycle in a ZIG ZAG pattern as shown on the chart. The stock seems to be forming a base with accumulation taking place. Recently, it has exceeded the swing high of 2021 and closed strongly on the monthly...