APLAPOLLO moved from a low of 110 in March 2020 to 660 in March 2021. After that the trend slowed. From 660 to 1200 in 22 months, it is 80% return in 2 years. It is not less but looking at previous trends it seems sideways. Hence price has formed a Flag pattern.
On a monthly log chart. TATASTELL is forming a falling channel pattern. Starting from the top of 153 to the low of 83. It is near the breakout point of the channel.
Hello traders, It is a quick update about Asian paints. Security has made a downward channel. After the rectangle breakout, it made another rectangle pattern. The 3033 level is an essential support level to keep an eye on. A breakout will intensify the bearish atmosphere. We can expect a new low based on the price action of the second rectangle pattern If...
In natural gas despite of record production in US, its inventory comes negative. NG has created positive RSI divergence in 4 hr chart from 3 Jan 2023 and trading in downward parallel channel which shows, if it can break this downward channel than it can directly touch 5-5.6USD. This is for learning and education purpose, do not take as trade advice.
After making high in May 2022, reliance has been making lower high and following parallel channel since then. already its below median and future not looking good.
IPO Base Breakout- Fusion given cup and handle Ipo base breakout looking good for above target
Chart is forming an upward channel on a 15 min time frame. For now it is just consolidating. It can be kept on radar.
JASH:- The stock is consolidating in a small range since last 6 months, if there is a breakout, there is a possibility of upside move, keep an eye Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and...
Price has been trading in a downward channel since mid November. It is now consolidating on the upper range of the channel. From the top of the channel price has fallen 12%.
LT is forming a rising channel pattern. But huge intraday and overnight moves leads to difficulty to trade. The pattern started in January and is still continuing.
Hcltech given breakout from parrelel channel trading above 20ema immediate target can be 1120 educational idea only
Price has been trading in a downward channel since November. Like Kotak bank it also forms a downward channel. But it is still trading between the channel and far from giving a breakout.
CERA is in a downward channel. It is trading on the upper range of the channel.
In all parameters, NSE:JUBLFOOD is in downtrend. However, one contra trade is looking for risk-worthy due to: 1. A (almost) Marubozu candle formation after a prolonged downtrend in daily chart. 2. Accorded by RSI +ve divergence 3. Per Ichimoku strategy: a. Price is crossing the T (Tenkan) line b. K (Kijun) line is becoming flat, means going to...
One year range breakout and retest , add to your watchlist and watch
Hello Everyone, Today i am back with a wonderful share to swing Ultratech Cement as you can see that there is a Inverse Head and Shoulders and a Slanting Channel which is a very bullish sign, destroying the chances of bear as the Retest is also complete and stock has moved up also. Now coming to targets so if we take the target of the channel it is 7980 at 12%...
buy this gem of a stock when it reaches the confluence support of yellow channel median, white PF median, 61.8% fib and S2 PP......33.5/34.5 K range
i will think of buying this stock when it reaches the confluence support of white channel, yellow channel median and AVWAP..........220 approx.