Channel breakout in Exide Industries Stock has broken its previous major resistance with significant volume. Also, we can observe a Inverted Head and shoulder breakout in hourly time frame. For further strong momentum in the stock, price has to close above 174 in daily chart. Price between 165-170 is a good range to enter the trade. Stop loss can be placed at...
Expecting BTC to bounce from this level. OBV is at support. MACD showing reversal sign.
Cmp - 708.45 Short-Term: Try to buy close to 650_675 | WCBSL 610 | Tgt 740 / 820 / 870++ ("W" Pattern) Mid-Term: Buy @ 650_675 | WCBSL 507 | Tgt 1020 / 1250+ (CnH Pattern)
The stock is on a multi-year high, closing above the level of 261 last achieved in February 2006. Bullish candle formation on weekly chart with increasing volume and strong RS line. On the upside, can expect target of 365 in the medium term. Might also see price retracement till the level of 204 if the momentum fails to sustain. Strong support at 185-200. Not...
Symmetrical Triangle , Channel Pattern , Strong Support , all confluence, Can go for long , keep your stop loss.
parallel channel in biocon is smooth from bottom....will it be able to act properly from top as well. can we expect it to touch lower end of the channel now
bearish parallel channel working smoothly now. expect 270 230
you can see 3 head and shoulders and the channel ,,we can see the price crawl on lower trendline of the channel so it may soon bounce from there .
14 Years #Multiyear #Breakout at #ANANTRAJ (Anant Raj Ltd)Weekly Chart. Its Started #Outperformed #Nifty. BSE: 515055. \ NSE : ANANTRAJ ONLY FOR #educational NOT SEBI REGISTERED. #LEARNEARN ( TRUST YOURSELF) #nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop...
SBIN Observations - currently at the top end of the channel - it may come down towards 513-508 (recent low) / 493-488 (200 day EMA zone) For the current month, one may consider to sell 550 call option. SL Exit if SBIN closes above 545 in Spot. any dips towards 508 / 480 would provide better risk::reward ratio to go long from medium term perspective...
JAYBARMARU | Channel breakout + Decent demand zone - Looks potential for 40% CMP : 180 (Dip : 170) SL : 150 Target : 245, 330 Almost 1:4 risk reward setup (First target)
Breakout in MHRIL Entry: CMP TargetS: 335 & 380 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.
13 Years #Multiyear #Breakout at #NHPC (NHPC Ltd). Its #Outperformed #Nifty. BSE: 533098 \ NSE : NHPC ONLY FOR #educational NOT SEBI REGISTERED. #LEARNEARN ( TRUST YOURSELF) #nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel...
USD-CAD is in a parallel ascending channel since 19th July. It's very much respecting the support and resistance lines. Once again it's touching the resistance line. I'll wait for it to test the price around the resistance level and then probably get into the position once the RSI and Stochastic for 1h and 2h are oversold or go up. Stop Loss: 1.32337 (I've kept...
Breakout in JSWENERGY. Entry: Above 355 Target: 410 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.
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...