#DoubleBottom #Breakout (trend reversal) Under Parallel Channel at #CUB (City Union Bank Ltd) weekly chart. Its #Outperformed #Nifty. What Is a Double Bottom? A #doublebottom #pattern is a #technical #analysis #charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a...
If you observe the NIFTY on 1H TF, it's following a channel from the last couple of days. If this is taken out with the nearest swing we can expect a good momentum. (Proper example of base formation)
MHRIL | Trendline breakout - Looks potential for 15% CMP : 227 SL : 215 Target : 260 Almsot 1:3 risk reward setup
From few months stock was trading in a sideways channel, now it has given breakout with good volume. If we observe short-term chart, stock has already given a symmetrical triangle breakout for which final target is not yet achieved. We can expect a good upside momentum if price closes above 905. 830-845 levels should act as strong support. Considering the...
VRL Logistics Cmp 605 dated 11-8-2022 2.19am Live mkt recommendation 1. Trendline Support @ 590 Buy for a tgt of 640-670-700-720-785 SL 550 It is just a view, pls trade at your own risk.
since beginning this counter is into parallel channel. Recently it has touched upper edge of the channel. A sideways movement or touching the lower edge of the channel would be good oppurtunity to enter.
Possible Channel pattern breakout in Devyani. Stock is at important Supply zone, today we can see a breakout candle which is also supported by decent Volume. Stock has a potential to reach 250 range (Channel Breakout pattern) Stock has to close above 200 (Psychological price level) as well as today's High. If the follow up of candle close above these level,...
If you observe Nifty on 5 Minute TF, so you will that it's in range. So if it breaks that range we can see the good momentum either side. So Mark this levels and play around this
Tata motors making a higher highs and higher lows in bullish Trend. Take a long position for 510 before 25th August.
Breakout in BEML Entry: CMP Targets: 1615 & 1900 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.
Opening of today is showing and confirming the strong break out of parallel channel Also High volume in buying Strong RSI + Relative Strength
Near the Breakout level of the parallel channel with strong green candle after taking support on the average of the same parallel channel at 188 Also near at the multi year trendline breakout above 215, Had tested this line in Apr 2022 for 225
TA: Breakout the Parallel channel with Gap up FA: Key highlights for Q1FY23 ended June 30, 2022 • Revenues grew by 40.43% YoY to Rs. 99.94 crore, on account of robust volume growth over last year and higher realization on consolidated basis • Shunt Resistors comprised 48.63% of total revenues and grew by 34.24% YoY • Thermostatic bimetal/trimetal strips comprised...
Good channel pattern in aarti ind in 1hr timeframe
NSE: INDIAMART Hello guys today after seeing the chart I got these things 1. If goes down then the target could be taken at 3517 and if up than target could be taken at 5107 This could be taken as a maximum for upside and downside target from my opinion 2. Time Frame:- 1 Day 3. I have shown two possible outcomes 4. A parallel channel pattern has occurred on...
CYIENT LTD STOCK has broke its trend line and is currently near its resistance. If candle sustains above resistance you can go long in it after doing your own analysis. I'm only going to deploy 25% of my capital in this trade so you have to maintain your positions as your account size. All targets and SL is given in the chart you can follow it. ONLY FOR...
Short opportunity in exide industries enter below 155 price level NSE:EXIDEIND
a correction in nifty will be seen soon... as increase in inflation and decline in china and hong kong markets don't buy any shares or call options as the price are already at peak NSE:NIFTY