Long Term View. Ready for Parallel channel breakout. Also Monthly trendline breakout. Minimum 1year required to achieve the target. Enter only if price closes above 154 in weekly candle. Keep in watchlist Entry price Above - 154 Target1 - 174 Target2 - 205 Target3 - 225 Target4 - 290 Stoploss follow as per red lines. It's only for educational purpose. Before...
Price is trending in a downward channel. Bullish above 18110 with the stop 18080 for the targets 18140, 18180 and 18200. Sustaining 18100 - 18120 is important to maintain bullish strength. Bearish below 18060 with the stop 18090 for the targets 18030, 18000 and 17960. Entry should be taken after understanding trend strength only. Note : Traders can do well if...
NSE:BEL Parelle channel pattern showing sell but not sure
Breakout in DREDGECORP in Weekly Timeframe Entry: 363 Target: 480 DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Stock is moving in an upward channel. Now trading at the upper range of the channel. It is forming a bearish pattern on the daily chart. But taking a fresh short position here can be risky based on only this analysis. But you should be careful if you have long positions.
Ntpc Channel Breakout Bullish in daily and weekly
NSE:TORNTPHARM All Time High Breakout W Pattern Breakout Price moving up in Rising Channel Targets : 1890 - 2030 - 2250 Upside : 35% SL : 1550 Time Frame : 3-6 Months RSI in Bullish Zone & Weekly EMAs acting as Support
Hello All, Hope all are doing good. We are seeing range bound market from Muhurat trading between levels 41100 and 41500. Market broke below this range 28th October but support has been taken at level 40800 and again came to same range. Market has broken above this range today but resistance at level 41600 dragged to the same range again. It’s perfect support...
NTPC has given channel breakout with good volume.we can keep sl below todays low .also targets are mentioned in the chart itself.
Price is trending within an upward channel. Bullish if it sustains 18000 - 18020 with stop 17990 for the targets 18060, 18120, 18160 and 18200. Bearish below 17960 with the stop 17990 for the targets 17920, 17880 and 17820. Note : Develop flexibility and adapt market movement to be a profitable trader.
Levels between 1496 and 1547 are to be observed. Upward momentum can be seen once 1547 is crossed, with resistance around 1650-1660 levels. Upward of 1660 could see strong momentum till 1750 levels in the short to medium term. Support levels around 1460 and 1400 levels. Do plan your trade with strict stop loss as per your risk management strategy. Note: Not a...
After a year long consolidation, we can see a formation of a cup and handle pattern and an ideal buying zone for this stock. Initial target: 3330. Stop loss: 5-8% Note: Personal analysis. Not a buy/sell recommendation. Do consult your investment advisor.
Nifty is steadily moving upside with vix also dropping near 15.5 which shows that there is high optimism and stability in market. Now for this week we have lot of events such as FED meet and surprise RBI press conference. So if there is any unfavored announcement in both of these events then vix would shoot upside to 17-18 range. And that would be the indication...
In one hr chart price is taking support at the trendline. Sustaining 17820 - 17850 will make the price to move towards 17940, 18010, 18080, 18140 and 18200. Bearish below 17780 for the targets 17720, 17660, 17600, 17540 and 17480. Daily chart shows price is at the support of upper trendline of the upward channel which is a bullish sign. Develop flexibilty and...
Nykaa has been falling in the parallel channel since making ATH 2560 I don't expect this selling to stop in near time. this is just a bounce from the mean.
You just watching EURUSD Down Channels Breakout or Breakdown ? has been trading in Descending channel for the last few months.
Trading inside PARALLEL CHANNEL with series of HH-HL. Support Zones - 17724 / 17655_17637. Resistance Zones - 17913_17920 / 17964_17992 / 18067_18115. SL should be 17636 on Hourly Closing Basis (HCB). Trend Reversal Zone - HCB below 17636.
5 Years #Multiyear #Breakout at #MARUTI ( Maruti Suzuki India Ltd) Weekly Chart. Its #Outperformed #Nifty. BSE: 532500 \ NSE : MARUTI What Is the Inverse Head and Shoulders? An inverse head and shoulders , also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to...