15 Years Sideways Parallel Channel #Breakout at #RUBYMILLS (Ruby Mills Ltd). Its #Outperformed #Nifty. BSE: 503169 / NSE : RUBYMILLS What Is the Inverse #headandshoulders ? 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...
#WondersOfPC Parallel Channel Analysis: -After taking support at the Mid line of PC-B, we are near the Breakout of PC-B -An opening above recent close of 1455 will give a strong breakout of PC-B and we can expect target of 1660 -At point P1, candles respected both mid line of PC-A and bottom line of PC-B and went to P2 and to P3 from there
Finally stock has managed to break above the previous supply zone which was sustained for almost 8 years. For breakout confirmation stock has to close above 88 with good volume in the weekly chart. In the hourly chart, the price has given a flag and pole breakout with the first target of 100. SL for the trade can be placed at 77. All the possible targets are...
Escorts has started in parallel channel since beginning however it has still not given reversal from upper edge of the channel. So probability is high it may be able to break upper edge of the channel. It has given highest ever monthly closing and getting tail wind from the auto Index as well
#ParallelChannel Break Out. Buy @ cmp 152_148 | DCBSL 140 | Tgt 164 / 170
N R AGARWAL INDUSTRIES LTD Symmetrical Triangle BreakOut & trading inside Upward Rising Parallel Channel. Support resistance levels mentioned in chart
ITC formed ascending channel and currently resisting at the trend line. itc alredy moved more then 23% even when the nifty is bearish. so lets wait and see whether it is reversing or trend break again. follow for more stocks.
Parallel Channel (PC) Analysis The width of both channels PC a & PC B is exactly SAME! How magical is the #parallelchannel and the candles respecting it! Yesterday's candle took support at Mid of PC B and today it is opened above it and the strong body is confirming the support. We may see up move till upper lines of PC B and high chances of a breakout from...
19 date this year has been soo important as we can see the highs lows or the reversal have occurred on these dates... its a complete W.D.gann's analysis the dates on chart i mentioned will play an iconic role in nifty NSE:NIFTY
Another good example of candles respecting Parallel Channel After giving Breakout from PC A at 3875 It couldn't sustain Break-in of PC B and now at support level of 4225 If candles respects the Support level we can see up move till upper line of PC B If not, we may see downward movement till PC A upper line Fundamentals are looking strong with Q1FY 23...
Another good example of candles respecting Parallel Channel (PC) ◉Technical Analysis:- Analysis with The Slope of Parallel Channel (SPC): SPC B = SPC A1 and so SPC A2 SPC of D = SPC of E And now we are at the breakout level of the Big PC B Here we can see the PC A2 is formed near this breakout Such same PC A1 was formed before the breakout at 294 on...
KIRLOSENG | Channel breakout - Looks potential for 30% CMP : 177 (Dip : 170) SL : 155 Target : 220 1:4 risk reward setup
pattern retest done. pennant pattern formation monthly closing would be watchout for...hoping for good bulls
Marked are waves from Covid low towards top as 5 wave impulse structure. Price from Covid low crossed 0.236 by good margin so next is 0.382 Fibonacci near 14300 While making low of 15183 price got thrown below channel the balance has set when price made high 17992 and was thrown above channel. Wave II of larger degree is currently in progress from 18605 and it...
Symmetrical Triangle #Breakout at #GMMPFAUDLR (GMM Pfaudler Ltd) weekly chart. BSE: 505255 \ NSE : GMMPFAUDLR What Is a Triangle? A triangle is a chart pattern, depicted by drawing trendlines along a converging price range, that connotes a pause in the prevailing trend. Technical analysts categorize triangles as continuation patterns. KEY TAKEAWAYS :- In...
Technicals: • Bullish view after took Support at the Channel mid level of 76.50 • Buying with good volumes • RSI positive divergence • RSI shifted from below 40 to above 60 • Relative Strength also in positive zone Fundaments: Q1FY23 Result Highlights: • Net debt : ₹464 Cr • Down from ₹1,005 Cr as at Q4 FY2022 • Estimated Collection of ₹600 Cr from sold...
By this we get to know Importance of Technical analysis. 13 Years Channel Breakout Target 364. After that 2 times consolidated and again it breakout with strong buyers . Recently also same Thing happened and going towards it 13 Years Channel Target that is 364 Even though market is correcting this stock look very strong technically. Do your own analysis...
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...