PaytmSince beginning paytm was in parallel channel. and going by this trend expect it to be keep following it
Parallel Channel
Discount 50% | Good chance to buy | Short BiasOn day chart
World Coin is in negative channel
I think BINANCE:WLDUSDT can down to $2 because this level is the confluence zone of Golden Ratio and Horizontal Support
Wait for rejection around this level to join
JINDAL STAINLESS - TRENDLINE ANALYSISThe chart is self-explanatory and shared for educational purposes.
JSL Stock has a Channel Breakout after a reasonable consolidation.
Volume Breakout & above MA line.
There is a high possibility for upward momentum.
SKIPPER - BUY ACTIVESKIPPER - Skipper Limited - BUY ACTIVE
Chart Insights : Weekly Chart
Stock closed @322 on 16-Feb-24
We can see stock is under NICE formation of cup & handle and trying to break the resistance and can expect upside move if its sustain above the resistance.
BUY Active only resistance breaks and sustain above resistance & keep monitor for future investment.
Drawn support and resistance levels on chart for entry and exit reference
NATCOPHARM - BUY ACTIVENATCOPHARM - Natco Pharma Limited - BUY ACTIVE
Chart Insights : Weekly Chart
Stock closed @1026 on 16-Feb-24
We can see stock breaks the resistance and it may retest the broken level in coming days and then bounce from that level.
Stock trading in channel, Best BUY only on RETEST level and this is for positional players.
Drawn support zone for entry.
Mphasis Ltd - Positional view on weekly chartFor those who have read Stan Weinstein's book "Secrets For Profiting in Bull and Bear Markets" will relate to the structure forming here and the stage in which the stock is currently in.
The stock price is hovering above the 40 Weekly Moving Average (WMA), is in an uptrend and has formed positive base formations. Post this week's bullish candle formation the stock price is near the buy zone.
Manage strict stop loss of 5-8% if the trade goes wrong
Note: Not a buy/sell recommendation. Please do consult your financial advisor.
Mighty Nifty - Feb 15Price broke the three days range today and now it is facing trend line resistance. As per the daily chart, still price is sustaining above the trend line.
Pattern : Channel Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 21860.
Stop Loss : 21820.
Targets : 21900, 21940, 21980 and 22040.
Sell below : 21740.
Stop Loss : 21780.
Targets : 21700, 21660 and 21620.
Check the live market updates.
Expected expiry day range is 21600 to 22050.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
COALINDIACoalindia past 10 yr move within parallel channel has gather good steam into the stock. Any BO here may bring nice move
SBI LIFE LOOKS CLEAN , FORMING PARALLEL CHANNELThe stock has been in an uptrend since its listing and has formed a series of higher highs moreover it has been following a proper parallel channel 1536 should be the immediate targets
if this range is broken an elongated rally can be seen with targets till 2000
also the fundamentals of the company are amazing there has been rise in net profit by 15% yoy basis
NUVAMA - BUY ACTIVENUVAMA - Nuvama Wealth Management Limited - BUY ACTIVE
Chart Insights : Day Chart
We can see stock breaks the channel pattern with good volume and can expect upside move if its sustain above the resistance.
Drawn support and resistance levels on chart for entry and exit reference
Best entry at retest level
DBL - BUY ACTIVEDBL - Dilip Buildcon Limited - BUY ACTIVE
Chart Insights : Day Chart
We can see that stock is broken the resistance with volume and can expect upside move if its sustain above the resistance.
BUY Active only on top of resistance , it may try to retest the same level in coming days , best
buy on retest level & keep monitor
Drawn support and resistance levels for entry and exit.
Nifty CPSENifty CPSE parallel channel and it is about to break out the resistance zone which may bring good up move.
VISAKAIND | Channel breakout with 200 EMA support VISAKAIND | Channel breakout with 200 EMA support - Looks potential for 60-70%
CMP : 106 (Dip : 95)
SL : 85
Target : 160
Aditya Birla Fashion BreakoutGood breakout with retest done. Usually I trade only with Support or resistance breakout but will observe how this pattern unfolds. Concerns are market is quite agitated as of now. Nonetheless am ready to book the stoploss or book our targest by price of 300.
Disclaimer: Not an investment advice. Only for educational and notetaking diary.
NIFTY in a channel above support, growth from supportNIFTY
The price is moving in an Ascending channel, and price is also above the support area, as long as price stays above the Support, I expect the price to move higher....
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
ReliancePrice is moving inside a channel formation and now it is testing the upper trend line of the channel. Trend direction deciding zone is 2916 - 2922.
In daily chart, price has formed an ascending triangle.
Considering these facts, if the price sustains above 2922 and show volume strength, then we can see bullish move.
Buy above 2922 with the stop loss of 2904 for the targets 2942, 2964, 2986 and 2998.
Sell below 2880 with the stop loss of 2900 for the targets 2860, 2838 and 2218.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
HINDPETROPole and pennant pattern however still a move to lower edge is possible.
It may still be very slow so don't expect result in near term
CDSL - TRADING at RESISTANCE - PROFIT BOOK or WAIT for BUYCDSL - Central Depository Services (India) Limited - TRADING at RESISTANCE
Chart Insights : Day Chart
We can see stock is trading at Resistance. Personally I feel it may fall from that level.
If resistance broken and sustain above we can see good movement upside.
No fresh entry until get the clear confirmation but better to book profit if any had shares(atleast some quantity). Lets wait and see for couple of days.
METROPOLIS - BUY ACTIVEMETROPOLIS - Metropolis Healthcare Limited - BUY ACTIVE
Chart Insights : Weekly Chart
We can see stock is trying to break the resistance and can expect upside move if its sustain above the resistance.
BUY Active only on top of resistance breaks and sustain & keep monitor.
Can see support and resistance lines on chart
CHANNEL PATTERN If breakout 143 level or channel breaks then the good movement for the upside of this stock
RBL bankPrice is moving inside a channel formation and now it is testing the upper trend line of the channel. Bullish if it acts as support and bearish if price rejects it. Trend direction deciding zone 269 - 272.
Buy above 269 with the stop loss of 266 for the targets 272, 275, 278 and 281.
Sell below 262 with the stop loss of 265 for the targets 259, 256, 253 and 249.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
KANPRPLA - BUY ACTIVEKANPRPLA - BUY ACTIVE
Consolidation range is Broken with strong volume.
It may come to support line and then BOOM
