NSE: NIFTY If Breaks Then The Targets could be Taken at 687 Time Frame :- 1 Day Patterns Name :- Elliott wave We are not responsible for any profit or loss Based on Your Own Risk this is only to Show you the Current Pattern Comment Below If You want to ask me questions on this on any other idea BTW Like and Follow if you like this awesome content Made By...
SIEMENS (Siemens India LTD) breaks the channel. we can go LONG (buy). trial your stoploss below the trendline.
After being in bearish trend for 6 months, now we can expect term reversal. Most of the stocks were trading in bottom of the channel, now there is the possibilty for short term bullish. Once breaking tthe channel bull trend will starts.
As we can see fresh breakout has been witnessed in banknifty after a week long consolidation and hence we if see more of a weak opening, we might see banknifty taking support at its neckline and fresh buying positions can be made from that very avting support! mect immediate psychological resistance is at 34000 which might act as a good resistance hence close...
EMAMILTD | Channel breakout - Looks potential for 16% CMP : 435 SL : 415 Target : 505 1:4 risk reward setup
STERTOOLS | Simple channel breakout - Looks potential for 60% CMP : 269 (Dip : 250) SL : 225 Target : 350, 440 1:5 risk reward setup for first target
NIFTY weekly charts are in a downward trending channel forming lower highs and lower lows. Last week's candle shows hammer with the rejection from the bottom. Strong resistance is at 15925 and support at 15500 levels. Strong moves could be seen if these levels are broken.
LICHSGFIN looks good buy as it has support at downward sloping parallel channel and has given breakout of inside candle pattern. Buying around 300-307 with SL 290 for target 324,339
NSE: HDFCLIFE If Breaks Then The Targets could be Taken at 590.40 Time Frame :- 1 Hour Patterns Name :- Parallel Channels We are not responsible for any profit or loss Based on Your Own Risk this is only to Show you the Current Pattern Comment Below If You want to ask me questions on this on any other idea BTW Like and Follow if you like this awesome content Made...
long term parallel channel has broken and get into bearish parallel channel. This is going to be more tough expect more selling below 690
RADICO | Trendline breakout - Looks potential for 15-18% CMP : 873 (Dip : 845) SL : 820 Target : 1000 1:3 risk reward setup
NSE: CHALET If Breaks Then The Targets could be Taken at 360.10 Time Frame :- 1 Hour Patterns Name :- Parallel Channel We are not responsible for any profit or loss Based on Your Own Risk this is only to Show you the Current Pattern Comment Below If You want to ask me questions on this on any other idea BTW Like and Follow if you like this awesome content Made By...
4 Years #Multiyear #Breakout in #JAMNAAUTO (Jamna Auto Industries Ltd) . #JAMNAAUTO is #Outperformed #Nifty in current scenario. In the context of technical analysis, a channel occurs when the price of an asset is moving between two parallel trendlines. The upper trendline connects the swing highs in price, while the lower trendline connects the swing lows. The...
Nifty is forming in a descending parallel channel. Prices are building corrective pullbacks to manage demand pressure and fall from resistance since the start of the correction. Nifty has created a lower low at 15183 and given an upward move of 15927 . Nifty has faced supply pressure on the upper band three times. It indicates that bulls are not exceeding...
PAYTM --DAILY CHART -- UPPER CHANNEL BREAKOUT 1. PAYTM Daily chart seen upper channel breakout above 680 today trading session which was strong resistance earlier broken upside seen chart bullish now 2. RSI seen move above 60 daily chart 3. as per new chart setup 660-680 woRk as strong support with target 720-750-780-800 and stop loss can place bellow 625...
For the last 2 days, we see Bank Nifty opening with a Gap down and giving a sideways price action. Being a monthly expiry tomorrow, we may see some volatility during the second half. We could see 34000 is key resistance and 32000 is support. So look for big moves happening above or below it. Happy expiry!
You might be now aware of the downtrend channel of NIFTY 50 (Blue). It bounced from the lower end of the channel last week and now trading near the supply zone of older channel (Green). It may consolidate in this channel for a while but chances are that it can break this channel to get into bearish territory.
Indian IT Sector is very close to the breakout area. This breakout from the falling bear channel is also supported by RSI as we can see the Higher Highs and Higher Lows formation. Look for an entry in fundamentally strong leaders of this sector. !!! This is not an investment advice and do your own due diligence before investing/trading on any script !!! !!!...