AKZO NOBLE it has perfectly retested the old breakout zone
entry and stoploss mention on charts
chart is in bullish formation
this is for learning purpose only.
one can always analyse before entering the trade.
Parallel Channel
LAURUSLABSgot too much overbought in May 2021 and since then it's trying to cool down and consoildate
Until parallel channel is not breached. avoid entry
consolidation period may continue for next few months
Bhartiartlsince late 2018 it started parallel channel and smoothly slowly deligently following the parallel channel
recent consolidation was berakout from the triangle consolidation.
UJJIVANSFB: 2 mth Breakout UJJIVAN SMALL FINANCE BANK (UJJIVANSFB) is breaking out of a 2 month parallel channel with good volumes. Huge volumes and RSI uptick.
APARINDS: Flag and BB Squeeze APARINDS is readying for a huge flag breakout from horizontal channel. Bollinger Band Squeeze is primed for a explosive breakout.
TRITURBINE: Fresh BreakoutTRITURBINE is showing fresh breakout of a 4 month horizontal channel. There is good volume spike today and RSI is also high.
HushNifty - Nifty analysis 25Sep'23Strategy : parallel Channels and Support /Resistance
Support : 19640 19490 19340
Resistance 19810 19760
Entry levels:
Short Entries at the top of the channels on return down
Long Entries at the bottom line of channels on bounce
On break of channels, to follow the trend
Disclaimer : For Educational purposes. Not recommendations
Stock for Intraday : PVRINOX 15min TimeframePVRINOX Stuck in rentangle range bound, either side breakout can be good move possible
Long above 1727 levels
Short below 1701 levels
LTTS in parallel pattern in 15min timeframe, good for intradayLTTS is stuck in range bound pattern, making higher high and higher lows, Based on the levels, it can be good for intraday.
Emmbi Ind - Falling Channel PatternEmmbi Ind - CMP: 91
Technically:
Falling Channel Pattern
Strong Support on daily
Trying to break the resistance multiple times
Target 1: 109
Target 2: 125
Stop Loss: Below 85
Niftyparallel channel formation with considerable touch point
will it break down the channel on bearish note or it may take a bounce from 19584 on CB
HUL at very good support and looking good for higher targetsHUL is trading in an uptrend channel and currently taking support at the bottom of the channel with some bullish action on daily chart.
The falling markets can make it little dicey and so the conservative stop loss of 100 points can provide a very good cushion and the stock should keep on moving towards the upper line of the channel.
Looking good at CMP 2473/- with SL of 100 points.
Jubilant Foodworks Ltd Jubilant Food works Ltd,( Mid cap) Golden cross on 12th Sep ..
invest for long term..
Waiting for channel breakout.........
Nifty Weekly analysisThe chart is self-explanatory. Nifty is trading above 200MA-150MA-50MA, trading with near channel resistant level. Maintain SL.
Dow JonesMost of the indexes worldwide behave in similar manner most of the time.
Price is trending in an upward channel and now it is at support.
34520 - 34600 is a crucial zone in deciding the direction.
If price took support, then we can expect it to move towards 34680, 34760 and 34820.
If price gains bearish strength, then it will fall towards 34460 and 34360.
Price will pick the direction and the trader will follow it. What type of trader are you?
Give a like if you like Dow Jones.
D I V I S L A B SDIVISLABS fut broke out of descending channel pattern on 30 min TF with decrease in OI suggesting shortcovering, also it started to trading above VWAP comfortably.
Could be bought with mentioned stoploss & target.
Trend Line reversal - Consolidation zone BreakoutChart is self-explanatory.
Make appropriate Stop loss. - Short term plan shall be 3month.
#Btcusd #Bitcoin #Btc $Btc long wave yofx 17Sept23 #ElliottwaveThis count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta trade with care good luck.
Finnifty - Doing fineCompared to nifty & BN, for the past two days finnifty's movement was good.
Pattern : Rising Channel.
Range : Medium
Trend strength : Normal
Buy Above : 20520.
Stop Loss : 20480.
Targets : 20560, 20600, 20660 and 20740. Support is at 20500 - 20520.
Sell below : 20440.
Stop Loss : 20480.
Targets : 20400, 20320 and 20240.
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.
INFY: Descending Channel and Flag BreakoutINFY is showing *early* signs of breaking out of a weekly flag pattern and descending channel. Keep on watch. This coincides with the CNXIT parallel channel breakout pointed in earlier idea . RSI is high, though volume change is not significant. Big gap resistance ahead.
Grasim Cmp 1933 Parallel Channel BOGrasim Cmp 1933 dated 13-9-2023
1. Parallel Channel Bo @ 1906
2. Prise Rise with Volume Rise
3. RSI BO
Buy above 1935 target 1950-1975-2000-2025-2040 SL 1900
It is just a view, please trade at your own risk.
YESBANK: Ascending ChannelYESBANK is stuck in a ascending channel for 6 months now. It has also tried to break the upside on 18.6 but failed to do so effectively. Bounce is expected from support. Also poised to break inverted H&S when crosses 18.6 with good volume.
CNXIT: NIFTY IT 1.5 Yr Channel BreakoutCNXIT: NIFTY IT has broken the channel on the upside in which it was stuck for last 1.5 years. High RSI. Time to invest in IT now.
