In IBULHSGFIN a bullish symmetrical continuation triangle pattern has been formed. This pattern typically occurs during an uptrend and indicates a potential continuation of the upward movement. Here's a breakdown of the pattern based on your description: Converging Trendlines: The symmetrical continuation triangle pattern consists of two converging...
This pair facing strong parallel resisitance line(blue).Ready to short
HAL Hourly chart showing 20% upside Possibility in Next 2 Months LTP - 3735 SL - 3550 Targets - 4400+ Time frame - 2-3 Months
#Tatapower cash -Positional call 09.07.2023 Pattern breakout after retest of pattern.. Above 233.10 .. it might blast Looks good above 233.10 Stoploss 223 Target 248-250/265/290 Cmp 228
The chart is self-explanatory. Channel breakout and minor correction - high potential for upward movement. Trade with SL
Ascending Channel BO and Triangle BO ENGINERSIN Buy above 121.5 SL below 114.5 Targets: 128, 131, 135 + ***Educational Purpose only***
Mid to Long Term Parallel Channel BO Triangle BO with high Volumes. VIDHIING Buy above 393 SL below 380 Targets 404, 433, 459, 475, 495 + ***Educational Purpose Only***
Reliance coming out from a parrelel channel volume good with strong RSI educational idea only
NSE:GENUSPOWER @ 84.65 CMP , Broke out Long term top trend line and coming out of cup & Handle pattern. TGTs and SL are in the Chart Educational purpose.
JK Bank shows amazing strength technically & looks like it can post a 28% move. But even though you have charts telling you stories, if one is going for this stock, go with a strict stoploss after having your own research. The management has something fishy going on & the audits in past have proved it. At the end, do your own research. Although this has a good...
Stock gave breakout in the upper side. Looks good for swing trading Target1 = 390 Target2 = 406 Target3 = 423
DRREDDY gave break out in the weekly time frame. Looks good for short term and long term
Gold has been falling on parallel channel since Mar'22 high. Anytime this channel is broken that could be nice move until then enjoy the channel
Last week the price moved up from a brief consolidation. Watch for price action between 92 and 95. Above 95, can see price go up to 101. And if the momentum continues, 113 is achievable in good time. 80, 72 and 66 can act as good support zones. Note: Always define stop loss in your trade, usually 5-8%.
Apple stock has been in parallel channel since Dec 2004 and now it is almost at the upper end of the channel. If it fails to give BO then there is good possibility that it may correct in handsome way to retest the support highlighted.
Timeframe: Daily Nifty has accomplished its double three correction (w) - (x) - (y). Price had risen rapidly after the completion of wave c of wave (y). According to the wave principle, Nifty can only confirm its trend after breaking wave (x) of a complex correction. So, the price must have sustained above 18111 . It is also a higher low, and the price may...
In the previous idea, we initiated a short position in NSE BRITANNIA to trade wave C of wave (4). Price reached all the given targets. - NSE Britannia – The Last Move of Correction Timeframe: Daily NSE BRITANNIA has accomplished wave C of wave (4) and started rising for an impulsive wave (5). This corrective wave (4) has a 38.2% retracement, one of the...
Parallel Channel on DTF Triangle pattern on Lower TF HARSHA Buy above 474 SL Below 438 TP near 509 ***Eucation Purpose only***