Parallel Channel
Breaking The Following Channel NSE:ALOKINDS is breaking the Short Term Falling Channel after Getting Accumulated in 24-25 Zones, if it's able to Close above 30 we can see Levels of 40 Very Quickly. Keep in Radar.
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
SINTERCOMThis stocks break the parallel channel in monthly time frame stop loss below the trend line minimum 10 %from here
INDOAMINESthis stock break the primary trend in weekly time frame after breakout consolidation.on happen once break above the consolidation it moves further up
AFFLE INDIA LTD (LONG)NSE:AFFLE has broken its downward parallel channel and has started moving in an uptrend, may rise to 1320 level in the nearer term.
Sensex - Sep 27Price is facing resistance at 85940 - 86040 zone and is moving in a channel formation.
Buy above 86040 with the stop loss of 85960 for the targets 86120, 86200, 86320, 86400 and 86520.
Sell below 85860 with the stop loss of 85940 for the targets 85780, 85700, 85620 and 85500.
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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.
Verge of Breaking Falling Channel Closing above 100 EMANSE:SAIL is on the Verge of Closing above the Falling Channel; today it closed above Key Levels and with Good Volumes and it was able to close above 100 EMA. If it closes above the falling Channel and 156 Key Level Further Upside, it may go back to the accumulation zone if it fails.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Verge of Breakout with Good Volumes NSE:ELECON is on the Verge of a breakout with good volumes today on a daily time frame respecting the rising channel and 100 EMA a close above 716 is crucial.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Mighty Nifty - Sep 26Price was consolidating in a range for the past two days. Today price broke the range and fall down, unable to sustain and move up towards the upper range.
Pattern : Channel.
Range : Medium.
Trend strength : Normal.
Buy Above : 26020.
Stop Loss : 25980.
Targets : 26060, 26100, 26140 and 26180.
Sell below : 25940.
Stop Loss : 25980.
Targets : 25900, 25860, 25820 and 25790.
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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.
Descending channel Breakout reversal strategyLINDE INDIA
1. Descending channel Breakout reversal strategy
2. Inv Head and Shoulder Pattern
3. Close within 52W high zone (-12.6%)
3. Close above the previous day's high
4. Close above last week high
5. Close above last month high
6. High increase in 1 month (+18.8%)
7. High increase in 6 months (+33%)
8. High increase in 12 months (+47.9%)
7. Promoter holding 75 %
8. Pledged percentage 0 %
9. Change in Prom Hold 0 %
10. FII holding 3.03 %
11. Chg in FII Hold +0.72 %
12. DII holding 6.84 %
13. Chg in DII Hold -0.61 %
14. Stock PE 168
15. Industry PE 39.9
16. ROCE 17.4 %
17. ROE 12.9 %
For Educational Purpose Only
TATA STEELStock :- Tata steel
Trend :- positive
Setup :- sideways breakout
Timeframe:- daily
Buy :- at current price or retesting support
Stoploss :- previous candle of breakout low
Target :- 10%
NOTE :- PLEASE CONSULT YOUR ADVISOR BEFORE INVESTING IN STOCKS WHICH I RECOMMENDED
Rectangle Channel Breakout - VESUVIUS INDIAOverview of Company :
The company's products include shaped refractories like shrouds, stoppers, pre-cast products, nozzles, and crucibles. It also includes unshaped refractories like castables and taphole clay. It also offers repair and maintenance services for its refractories.
Technical Aspects to be learned from this chart :
1. This stock price formed Rectangular channel pattern from almost more than 5 months.
2. Stock gave a powerful breakout with bullish candle closing above 52W indicating bullish momentum in the stock
3. Volume burst gives us additional confirmation to consider the bullish trend.
4. This stock starts it uptrend from 15 april and almost continued to bull run almost a month and started consolidating.
5. Consolidation after a quick run up was always a good sign for the stock to continue its trend.
Risk reward ratio :
We can expect 2:1 risk reward in this setup.
Note : It's always good to wait until the stock price retest the breakout support zone.
Breaking Out Parallel Channel NSE:ABFRL is Likely Breaking out of a Parallel Channel on Dialy Time Frame, 295 - 307 Have Been Seen as the Lower Edge and a Good Accumulation Zone Since Election Day Results, A close above 360 Will give good Upside.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
HDFCBANK BREAKOUTHDFCBANK 3-year trend has broken and is moving bullish. hope HDFC may hit 2000 in the coming months
Bankex - Sep 23Price is moving in a channel and now it is at resistance.
Pattern : channel.
Range : Medium.
Trend strength : Normal.
Buy Above : 61060.
Stop Loss : 60960.
Targets : 61120, 61200, 61300, 61420 and 61560.
Sell below : 60860.
Stop Loss : 60960.
Targets : 60760 ,60680, 60540, 60480 and 60400.
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.
Bitcoin will continue raising or drop down?FED starts to decrease Interest rate.
As previous deceasing periods,
all risky assets will be down after this decision.
Bitcoin price is running inside of parallel channel.
In this week, Bitcoin price can reach 68k.
After that, the price will drop down slowly til
end of October (during about 1 month).
The target is about 46k.
Scanner scans - Rpower, PrincepipeRpower showed up on the scanner and gave handsome 12% returns in few days.
Now Princepipe and VIPind has come up.
Lets see how this goes.
SPARC which did show up on the scanner is just passing time and not doing anything, hasn't hit the SL or TGT but I got out of it with minor gains and then employed the amount in Rpower.
HDFCBANK | Simple channel breakout - Looks good for 30%HDFCBANK | Simple channel breakout - Looks good for 30%
CMP : 1741
SL : 1550
Target : 2250
APLAPOLLO - Weekly AnalysisIn the Weekly Chart of APLAPOLLO,
we can see that; it is at decision making point.
Possible momentums are shown in chart.
KOTAKBANK - Weekly AnalysisIn the Weekly Chart of KOTAKBANK ,
we can see that, it has given Parallel Channel breakout.
Possible momentums are shown in chart.
Bullish pattern in NOCILPattern breaks the channel pattern.
Now it is retracing. It might go higher. Good risk reward ratio available now
UBL in Rising ChannelNSE:UBL is in a rising channel in the daily time frame with good volume and can continue its upward move to ATH Levels.
