Pattern : Channel Range : Medium Buy Above : 19860 Stop Loss : 19820 Targets : 19900, 19920, 19960 Sell below : 19780 Stop Loss : 19820 Targets : 19740,19700 and 19680. Expected expiry day range : 19700 to 19900. 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.
Consolidation before the break Out/Down, Horizontal Channels are called, Calm Before The Strom Wait for a retest and then enter !
An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs. Ascending Channels: How to Trade This Technical...
KIMS flowing in a drooling momentum from past few sessions. Broke it's another resistance in the channel & now flowing up. Until & unless it doesn't break the channel, its in clear momentum. PS - I am founder of Tactic, we get you the Trade Ideas of top SEBI registered users across Intraday, BTST & Positional. We are trusted by 1000 users, we will be glad to have...
LTTSis coming out from a parrelel channel with good volume hot RSI MACD crossover on 14 july immediate #target can be 4300 educational idea
As we can see despite weakness we could see BANKNIFTY showing strong recovery in the second half and closed above the given trendline hence we can see BANKNIFTY showing a strong up move in the opening hours if opens flat ans strong till 45100 but if it opens weak we may see BANKNIFTY remain weak to sideways throughout the day so make your positions accordingly
=Today, Tech Mahindra showcased a significant breakout after consolidation within a parallel channel pattern across multiple time frame. =After undergoing of correction of over 50% last year this stock now seems to give a good momentum. We can reasonably anticipate a potential gain of at least 10% from this level. NOTE- Do prepare your setup and then Analyze....
As we can see BANKNIFTY did tried breaking out of the channel as we analysed in the previous analysis and showed a sharp fall of more than 500++ points fall. Hence now if BANKNIFTY opens flat we might see more of a downfall in coming trading sessions and no change in trend can be witnessed unless BANKNIFTY breaks out of this channel till then we can see BANKNIFTY...
As we can see similar to NIFTY, BANKNIFTY can also be seen in a tight descending channel getting rejected from both sides making it weaker hence we can expect BANKNIFTY to break either side now which could be a possible trap before finally continuing its uptrend hence we can look for signs of reversal after the break has been done either side for a good strong...
Channel BO JAMNAAUTO Buy above 107 SL below 99 Targets 110, 113, 117, 122 ***Educational Purpose only***
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