Strategy : Patallel Channels Support : 19550 19590 Resistance : 19640 19690 Enter Short at high of channel lines Enter Long at Lower line of channels On breakout of channel lines, follow the trend Disclaimer: For Educational purposes. Not recommendations
NSE:MARUTI Maruti Ltd on 2-hour timeframe You can see a wide channel forming and currently trading at major trend + channel support trend line. The probability of reversal is very high. Entry has 2 Scenarios:- 1. It can Give a breakout above 9565 directly or 2. It will again test the support zone and forms a double bottom pattern and then breakout...
Nifty Analysis Parallel channel pattern Bias : Neutral Resistance : 19560 19640 Support : 19380 19490 19560 Refer the chart for possible price flow Disclaimer: Ideas listed are My Trading analysis and Notes/journals. These are NOT recommendations for Buy/Sell..
Action only after parallel channel is broken by bulls This may takes 2-4 years
SHOPERSTOP in parallel channel since end of 2007. and it has crossed and big long term barrier on monthly basis. closing for Nov 2021 is imp.
RBL bank heading towards upper edge of the channel. Since it has crossed the important level of 155 then
Though parallel channel is not having good enough points on both side, however the support lines looking good. and it may not fall however I don't see immediate near.
IDFC is in parallel channel since IPO and there is strong probability that it may try to BO the channel and look for All time high price. Please keep your stop loss
since 1994, Gartner is in parallel channel zone and touched the edges 4 time and this is 5th time. Considering the past I believe it may face resistance to break the channel and move up. One retracement to mean of the channel is desired.
IDBI is in parallel channel after making high in Nov 2010 it seems now this channel may breakout on upside with stop loss of low of Mar 2023 it has potential of around 30-40% upside
Since past 13 year amzn is inside parallel channel. It has to importantly break out above HKEX:114 to stay above and touch HKEX:136 however this may be bit slow
Lodha Cmp 703 dated 5-8-2023 1. Three Black Crows @ Resistance Sell below 700 target 680-665-640-625-605 SL 740 It is just a view, please trade at your own risk.
BITCOIN 4-hr Chart Analysis CRYPTOCAP:BTC at present moving as per Descending Channel's in Parallel Pattern with more Bearish mode, and soon be ready to break out Last Lower-High strong support of $28,300 to moving towards FWB:27K to next step of Lower-Low trends in Bitcoin Market. This time, very big chances to break down approx. 7% to 10% soon. Let's wait,...
Hope all are doing great. Here’s my 1D timeframe analysis. As we can see in the chart from 18-Nov-2022 to 5-Apr-2023 around 138 days there was a good falling channel pattern. It broke and achieved 3 times the target. The next 138 days from the previous breakout is forming beautiful rising channel pattern. As per the pattern nature it might break below to the...
THE Fundamentals are a major concern but a technical opportunity can be identified . the stock is moving in a channel of making higher highs 576 can be immediate target
Nifty Analysis Parallel channel pattern Bias : Negative Resistance : 19720 19800 Support : 19598 19540 19500 If you like the analysis , pls Support by Like and Follow Lets discuss in the comments section and trade updates Disclaimer: Ideas listed are My Trading analysis and Notes/journals. Not a RA These are NOT recommendations for Buy /Sell. Do your...
expecting it to bounce from here and go to the channel top. I feel it would reach ~1120 where a very good resistance is there. PS: I am a self learner and high chance of going wrong. Please don't invest only on seeing my idea - please study by yourself.
LICI has given breakout from parallel channel and about to give BO from the resistance line as well expect 100 point up move with stop loss of just 50 point