Chart patterns look apt for a short trade in UBL REASONS 1. In Monthly time frame, UBL has been trading inside an Ascending channel pattern taking support and resistance at perfect levels till now. (shown below) 2. Right now, it is under its down swing move inside the Ascending channel pattern 3. In Daily timeframe , Bearish Flag pole pattern...
Asianpaint getting ready for big breakout. There is hammer made in 30min and 2 hour time frame. Immediate target 2909, 2930 and if it sustain 2930 then it will touch 2980.
MUTHOOTFIN broke out of descending channel on an hourly chart with good volumes. Could be bought with mentioned stoploss & targets.
M&MFIN | Trendline + Channel + Small flag breakout - Looks potential for 30% CMP : 190 (Dip : 185) SL : 170 Target : 240 1:3+ risk reward setup
WTI has broken parallel channel and this may be painful. hope it may takes support at line mentioned
BUY only if it crosses high of breakout candle with minimum 1:2 take profit,very nice breakout of falling parallel pattern
MCDOWELL_N | Channel breakout - Has good room for 10-20% CMP : 793 SL : 750 Target : 870, 940
Buy above 18040 with the stop loss of 18000 for the targets 18080, 18120 and 18140. Sell below 17960 with the stop loss of 18000 for the targets 17920, 17880 and 17840. This is my pre market analysis and my trading journal . Not a suggestion to buy or sell.
Buy above 43320 with the stop loss of 43240 for the targets 43400, 43480 and 43560. Sell below 43160 with the stop loss of 43240 for the targets 43080, 42980, 42900 and 42840. This is my pre market analysis and my trading journal . Not a suggestion to buy or sell.
Cochin shipyard is about to give parallel channel breakout. If it crosses 521 tomorrow then 630 and 700 are two potential target in next 2-3 days.
bharti airtel coming out from parrelel channel good volume rsi strong q4 still pending do not hurry to buy keep on radar educational idea
Nifty 50 continuously trading in bullish momentum from the past week after getting the breakout of the parallel channel now moving toward the 18200 level. 18200 Level is a very important resistance zone 18200-18250 thus if this level breaks out we can see a very high probability to reach up to previous high. 17600 is acting as a great support for nifty.
JUSTDIAL | Channel breakout within channel - Trying to capture a 10-12% CMP : 620 SL : 590 Target : 700 1:2+ risk reward setup
In the channel. Pls wait for breakout PS: Do your own research Drop in your doubts in comments section Thanks.
JUBLINGREA has been in parallel channel since Apr 2021. Too much tape noise on this stock.
Parallel Channel since the top was formed. expect more selling pressure
after making top lauruslabs is in parallel channel. now it has broken the support and heading more down. I doubt it may touch the lower edge of the channel