Good breakout with retest done. Usually I trade only with Support or resistance breakout but will observe how this pattern unfolds. Concerns are market is quite agitated as of now. Nonetheless am ready to book the stoploss or book our targest by price of 300. Disclaimer: Not an investment advice. Only for educational and notetaking diary.
NIFTY The price is moving in an Ascending channel, and price is also above the support area, as long as price stays above the Support, I expect the price to move higher.... Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Price is moving inside a channel formation and now it is testing the upper trend line of the channel. Trend direction deciding zone is 2916 - 2922. In daily chart, price has formed an ascending triangle. Considering these facts, if the price sustains above 2922 and show volume strength, then we can see bullish move. Buy above 2922 with the stop loss of 2904 for...
Pole and pennant pattern however still a move to lower edge is possible. It may still be very slow so don't expect result in near term
CDSL - Central Depository Services (India) Limited - TRADING at RESISTANCE Chart Insights : Day Chart We can see stock is trading at Resistance. Personally I feel it may fall from that level. If resistance broken and sustain above we can see good movement upside. No fresh entry until get the clear confirmation but better to book profit if any had shares(atleast...
METROPOLIS - Metropolis Healthcare Limited - BUY ACTIVE Chart Insights : Weekly Chart We can see stock is trying to break the resistance and can expect upside move if its sustain above the resistance. BUY Active only on top of resistance breaks and sustain & keep monitor. Can see support and resistance lines on chart
If breakout 143 level or channel breaks then the good movement for the upside of this stock
SBI (02 Feb 2024) Breakout of channel pattern be ready for a good move.
Price is moving inside a channel formation and now it is testing the upper trend line of the channel. Bullish if it acts as support and bearish if price rejects it. Trend direction deciding zone 269 - 272. Buy above 269 with the stop loss of 266 for the targets 272, 275, 278 and 281. Sell below 262 with the stop loss of 265 for the targets 259, 256, 253 and...
KANPRPLA - BUY ACTIVE Consolidation range is Broken with strong volume. It may come to support line and then BOOM
GAEL - CHANNEL FORMATION We can expect good move only when it breaks the resistance and sustain.
Pricolltd breaking parellel channel with good volume and rsi trading above all key ema EDUCATIONAL IDEA
RAJSREESUG - BUY ACTIVE - 1M Chart Stock breaks the CUP & HANDLE and CHANNEL. Can Expect BIG move in coming days.
Price gave good movement in the morning session and moved with less momentum which resulted a channel pattern in the afternoon session. Note : Price may be volatile because of the upcoming budget on Feb 1. Support zones - 20280 to 20320 and 20480 to 20520. In case of gap up/gap down these levels may act as resistance also. Buy above 20520 with the stop loss of...
ready for nice move in 3-5 months timeframe need closing above 1520
JMFINANCIL | Simple channel breakout - Looks potential for 50-60% CMP : 111 (Dip : 100) SL : 85 Target : 170 1:5+ risk reward setup
Tatapower breaking a range with good volume and rsi keep eyes on #earnings EDUCATIONAL IDEA
the stock performed a channal (consolidated more than 3 years) and broken out