Axis Bank Traveling in Channel. Good price action. Trade at your own analysis.
An ascending channel is used in technical analysis to show an uptrend in a security’s price. It is formed from two positive sloping trend lines drawn above and below a price series depicting resistance and support levels, respectively. Channels are used commonly in technical analysis to confirm trends and identify breakouts and reversals. Script = Axis bank Time...
Gold is in a parallel channel in Week TF. One leg of downside possible to $1580-$1600 for a big upside movement. Sell Gold at $1880-$1850 for a $1600. Buy Gold at $1580-$1600 for a target of $2200-$2500.
NIFTY 50 Time Frame = 15 Min Pattern = Continue in channel Pattern Type = Bearish (sideways)
Did the big hand selling the coca-cola stock at this point of time. Though it's very difficult to identify the next move however this is just a try to find the distribution in price
since jan 2021 Samsung electronic is under selling pressure in parallel channel mode. after trying to cross 2 time still this is not able to cross the upper edge of the channel. however this time looks to be different. It has touch the lower edge of long term channel. So I am expect the up move to continue
Hello Everyone, Today i am back with a wonderful share to swing Indiamart as you can see that there is a Inverse Head and Shoulders, a Channel and Rounding bottom which is a very bullish sign, destroying the chances of bear as stock has moved up also. This is just an opinion and do it on your own or by asking your financial advisor.
since 2017 it has formed a parallel channel and considering the previous monthly candle are we in good position to say this is the TOP formation?
What do you think? Let me know. Also, don't forget that it is a simple analysis only and not a recommendation. Please do trading / investing with your own respnsibility. This post is only for educational purpose.
RAIN INDUSTRIES : On Weekly Time Frame it shows break out is awaited within few days, may be in the very next week. If it breaks out (Whose probability is high as it is currently supported by 200 EMA) , long term target would be 340 with some resistance at 240. with a very small SL , one can plan a long-term profit booking from this stock. Stock PE : 4.50...
LTTS CMP 3612 dated 10-2-2023 1. Parallel Channel BO @ 3550 2. Triangle BO @ 3550 3. Last Candle is Doji Candle. Buy above 3640 for target 3725-3795-3915 SL 3500 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for...
VBL @929 CMP, Broke out both triangle and Channel pattern. TGT1-1010 with VERY STRICT SL @ 900.
AVTNPL @ 96.70 CMP , Broke out triangle pattern. TGT1-104(7%) & TGT2-115(20%) with SL @ 83 on DTF. Educational purpose.
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
With stop below the second green line a strong candidate for a 4 to 5% up move Mahindra Holidays & Resorts India Limited is a leading Indian company that provides holiday accommodation and vacation ownership. The company is a subsidiary of Mahindra Group and was founded in 1996. Its headquarters is located in Mumbai, India. Mahindra Holidays offers a range of...
NSE:JBMA This Stock has broken the 6month long consolidation channel with good volumes. Divergence in 50/100/200 EMA is also visble. One can buy in dips with 20EMA as Stop Loss for Short Term and 50EMA as Stop Loss if you wanna have a Long Term positon. Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult...
Fusion Micro Finance Daily Chart. Stock Posted Good Quarter Result. Breakout Soon Candidate. Keep in your Watch list..