Nifty Analysis Recap from yesterday: “After surging past the 20875 levels — N50 is not willing to take the rest. We broke out from the ascending channel, now it has formed a trend line well above that — how do I explain this craziness to someone? For tomorrow the bullish stance continues and the first support level will be 21407.” 4mts chart link - click here...
Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Rising Channel 📌 Symbol/Asset: DELTACORP 🔍 Description: Stock is consolidating from few weeks around 130-140 Stock is now going up in a Rising channel and we can see stock is bottming out here Stock can see huge momentum from here on 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell...
Nifty Analysis Recap from yesterday: “My stance continues to be bullish with the first support level revised to 21341. All we can do now is trail the stop loss and let the winners run. 4mts chart link - click here Nifty was absolutely trading in a narrow range with minor dips. More action was visible on BankNifty today which nudged me to go for a status change...
Bajaj Consumer: Long Setup Achieved the target of EOW-4 And ready to shoot up for W-5 Levels mentioned on chart. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading
Banknifty may take a bounce from lower edge of the parallel channel. consider red line as hard stoploss else gone
so nifty currently in consolidation phase may correct to mid of the channel and may continue rally later,, next big event is in feb -budget and quaterly results , disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
Weekend Pick 2: RBL BANK Fundamentals : Decent, Profitable FY 23 vs previous Years, Quarter wise Profits and EPS consistent. FII and DII holding increased significantly.. Technicals : Bullish, upside breakout of the last 3 years range.. R 1: 330 R 2: 385 R 3: 445++ S : 220
#finnifty Sector Analysis (1W TF) Pattern: ASCENDING CHANNEL BREAKOUT - Breakout of Resistance - Done ✓ - Retracement & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia
Chart showcases a compelling symmetrical triangle pattern, signaling a potential breakout. The price is consistently forming higher highs (HH) and higher lows (HL), emphasizing a strong bullish structure. Volume is steadily building up near the breakout zone, with expectations of a significant increase post-breakout. Symmetrical Triangle Pattern: Indicates a...
The chart is self-explanatory and shared chart for educational purposes. Trading above the moving averages. Channel Break out. Minor correction and Reversal from the breakout level. High probability of moving forward direction.
3I infotech- After a small cup and handle breakout in weekly. it formed a flag pattern and today this breakout is happening for the initial target of 60.. then in the longterm bigger targets until 220 is there which will take time and will be shared later once it reaches 120. Note: This is for educational purpose only.
Indusind bank is coming out from a parrelel channel with good volume good rsi also near #target can be 1600 educational idea
Zeel has been following parallel channel past 14 years and if the upper resistance zone is crossed then hopes are good
Trend deciding zone for bank nifty is 47200 - 47300. To be bullish, price have to sustain it. Price is trending around 47000 for few days and this week, it may give break out.. Pattern : Channel. Range : Medium. Trend strength : Good. Buy Above : 47320. Stop Loss : 47240. Targets : 47420, 47500, 47580 and 47640. Sell below : 47140. Stop Loss : 47220. Targets :...
As the price nears the two year high, a close above 129 on weekly chart, hopefully, would trigger an upmove. Strong support zone between 112 and 104. Below which it is advisable to be cautious. Always trade with a strict stop loss and risk management. Note: Not a buy/sell recommendation. Do consult your advisor.
From the week starting 18 April 2022 till the week starting on 10 April 2023, the stock was hovering between the price channel of 1650 and 1354. It took a gap down for the price to slide below that channel. Post the gap down (17th April 2023), the price has subsequently recovered to form a base inside the previous channel zone. Positive above 1520 for a...
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Rising Channel 📌 Symbol/Asset: DELTACORP 🔍 Description: Stock is going up in Rising Channel. Stock Can take a support around the support or around the Law of Polarity. We can see huge upside once support is intact. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
THYROCARE | Channel / Trendline breakout - Trying to capture 40-50% CMP : 580 SL : 500 Target : 850 Almost 1:4 risk reward setup