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***
TSLA is in parallel channel and given BO above rectangle box it has potential to touch upper edge of the channel
NLCINDIA Parallel channel breakout on Weekly Timeframe and Cup and handle breakout on Daily TimeFrame . Target 1 = 103.30 Target 2 = 107.75 Target 3 = 111.95 Stop loss = 92.60
VaNECK Semiconductor ETF is in parallel channel since 2009 once it crosses 157 then expect good move in next 1-2 yr 115 need to be supported else it will be invalidated
APEUSDT LONG 5-10X R:R=1:4 CHANNEL BREAKOUT ON 15M AND 4H TIME FRAME. SL-2.040⛔ Could be a good rally 📈
RITES gave good triangle breakout with retracement near trendline with volume target will be 570
Price in consolidation zone near the resistance level of 747. Breakout above this level, with good volume will create a momentum for a substantial upside. 680 can act as immediate support zone. PS: Not a buy/sell recommendation.
BUY - HERANBA INDUSTRIES LTD CMP - Rs. 401 Target - 1: Rs. 505 Target - 2: Rs. 608 Target - 3: Rs. 670 . . Technicals - Descending Channel BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Reliance is at bottom of rising channel on daily TF, good to take risk and trade with a small stop loss. Target 1 -2862 & Target 2- 3200. Stop loss 2300 on DCB.
Netronix is in parallel channel since 2008 and recently it has given all time high breakout at 50 expect mild retracement and follow through is going to be bullish