Popular Today
Popular Today
Popular All Time
Newest
Charts and Videos
Charts and Videos
Charts
Videos

Profile

A channel can be used as an entry pattern for the continuation of an established trend, as part of a trend following strategy. A channel forms when price action is controlled by 2 parallel, sloping lines and has tested each of these lines at least twice. An ascending channel indicates a bullish trend, with the support line connecting consecutive higher lows and the resistance line connecting consecutive higher highs.

A descending channel indicates a bearish trend, with the support line connecting consecutive lower lows and the resistance line connecting consecutive lower highs. Generally speaking, the support line of an ascending channel is a buy zone and the resistance line of a descending channel is a sell zone, while the opposing lines are profit-taking zones. A common stop level lies on the other side of the buy or sell zone. Conservative traders may look for additional confirmation before entering a trade. TradingView has a smart drawing tool that allows users to visually identify channels on a chart.
gvino gvino BAJAJ_AUTO, 1W, Long ,
58 0 2
BAJAJ_AUTO, 1W Long
BUY BAJAJ AUTO

BUY BAJAJ AUTO parallel channel bottom so possible Go Up

36 0 1
HDFCBANK, 60 Long
POSITIONAL TRADE IN HDFC BANK AUG (FUT)

POSITIONAL TRADE IN HDFC BANK DOUBLE BOTTOM BREAKOUT IN HOURLY CHART PLUS DOWNWARD CHANNEL BREAKOUT AUGUST FUTURES BUY@2110.5 STOP@2099.5 TARGET@2125 LOT:500 QTY:2

anandnst anandnst M_MFIN, 240, Long ,
38 0 3
M_MFIN, 240 Long
#M&MFIN CASH : LOOKS GOOD ABOVE 485.5

#M&MFIN CASH 19 AUG 2018 LOOKS GOOD ABOVE 485.5 SL 480.5 TARGET 489.5-490/495 CMP 481

101 0 6
ICICIPRULI, D Short
ICICI Pru Life - Break Down in Channel.

Moving in Downward Channel. Break Down in Channel. Below 200 EMA. Other Details Mentioned In Chart. Positional View For Educational Purpose Only. Please Consult Your Financial Advisor Before Taking Any Decision. I am not SEBI Registered Financial Advisor.

250 0 10
TITAN, D
TITAN Head n Shoulder

TITAN recently completed an inverted head n shoulder in a channel.Awaiting a breakout/Reversal

gvino gvino HCLTECH, 1W, Short ,
56 0 1
HCLTECH, 1W Short
Sell HCL Technologies Limited

Sell HCL Technologies Limited Target 1 Rs :980 Target 2 Rs :940 Target 3 Rs :920

128 0 5
JSWSTEEL, D
JSWSTEEL Lifetime CHannel

JSWSTEEL has been moving in a channel for years. Made latest new lifetime high in june. After a good arc, its back to test the highs. Awaiting a breakout/Reversal

101 0 6
GRASIM, 1W Long
GRASIM weekly engulfing +channel breakout chances

Long above 1050 only. SL - 957 Target - 1276.45

74 0 5
RAYMOND, 1D Long
RAYMOND - risky long above prev day's high

RAYMOND - risky long above prev day's high Formed huge outside candle, lower wick pullback can be seen. Target - 866 Stop loss - 758.35

premanandh premanandh SBIN, 1D, Short ,
155 1 1
SBIN, 1D Short
sell sbin

a clear-cut break down of rising channel line see in sbin . In daily charts the market has been forming rising channel line but today there is been a break out of the lower channel line we can expect some down move

VishnuTalanki VishnuTalanki IDFC, 1D, Long ,
72 0 4
IDFC, 1D Long
IDFC descending channel breakout

IDFC descending channel breakout Long above 53 SL - 49.3 Target - 60.55

205 0 2
RELIANCE, 60
RELIANCE small channel

Reliance after making new lifetime highs is taking stops at sup/resis levels in the channel. Awaiting a breakout/reversal after good results

103 0 3
HDFCLIFE, 1D Long
HDFC life insurance looks bullish in medium term.

In weekly/daily, price just bounced from ascending channel support. Also price broke out of falling wedge with good volume, also price closed above upper BB. https://www.tradingview.com/x/DVNch0Np/ sl - 450, tgt1 - 545, tgt2 - 580

58 0 4
ZEEL, 1D
ZEEL trading idea

ZEEL has formed an doji/harami pattern inside descending channel. Can go either way. Long idea - Entry - 506.4 Target - 515 SL - 499.15 Short idea - Entry - 499.15 Target - 487.35 SL - 506.4

138 0 6
INFIBEAM, W
INFIBEAM Lifetime Channel

INFIBEAM has been moving in a sharp up channel. Made lifetime highs in Nov and a big arc in 6 months, retesting the lifetime highs again. Awaiting a breakout or reversal.

164 0 7
GRANULES, 1D Short
Bearish Bat & Parallel Channel Engufing

There is a nice confluence of Harmonic Bat pattern and Parallel Channel. The stock has formed a bearish engulfing today showing the weakness. One can sell the stock as the details given below Entry 91.50 SL 96.50 Target 82.5 RR ratio 1.80 Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.

premanandh premanandh YESBANK, 1D, Long ,
228 1 8
YESBANK, 1D Long
BUY

Breakout of upper channel line occuring in yes bank one can see chances for buying

170 6 3
BAJFINANCE, 1D
CHART PATTERN RECOGNITION

HI ALL today came across a chart pattern on bajajfinance it is forming channel or box patterns on daily charts within a range of 2150 to 2160 levels can expect some break out on the upper or lower side if price crosses these levels

Show More Ideas 123456...33
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out
Browse
Video