The bigger channel just shows the direction of the stock and smaller triangle shows the consolidation. DM for any Help.
Description : HDFC Bank at lower levels following support area and a trendline zone as well. Support Area : Support at 1420-1450 Resistance Area : Resistance at 1550-1575 if broke above it then 1675-1700 Zone to watch for.
Dear Traders, As we can see Bio-con was in Channel Pattern and after it now it was consolidating in Triangle pattern. Today it has given Good Breakout with gap. Normally, people wait for gap to fill and after that they take the trade but here, buying is so good that people are buying without Gap Filling. Also, those who has patience and waiting for gap to fill...
BALRAMCHIN | Range breakout after 8 months - Looks potential 20% CMP : 404 (Dip : 390) SL : 370 Target : 450 or Open 1:3 risk reward setup
Banknifty is moving is parallel channel range past 14 months. if the rectangle zone is cleared with good body candle then we are good to move towards upper end of the channel.
Buy a long position on EUR/USD if it breaks 200MA resistance on 4 hours chart... Target Price: 1.13600 - 1.13650 (40 pips from entry). Entry Price: 4 hours candle *CLOSE* above 1.1316. Note: This is an idea based on the analysis done by me, and clearly not a financial advice.
CCL | Small range breakout - Looks potential for 15% CMP : 429 SL : 408 Target : 490 1:3 risk reward setup
ACE construction is forming a contracting triangle of waves ((4)). To draw parallel lines, I have connected wave ((2)) & wave ((4)) and merged with wave ((3)). Wave ((1)) - Five wave impulse wave ((2)) - Sharp correction - 50% retracement of wave ((1)) Wave ((3)) - Five wave impulse - Power extend Wave ((4)) - Contracting triangle - sideways...
Nifty enter more consolidation phase as wave Z looks have started will take 2-3 days more. Broken and closed above 0.382 fibonacci levels today next aiming for 0.618 fibonacci level at 17770 Bearish view will get activated as soon as breaks 17244. DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart...
Happiest minds is forming descending channel pattern and price is at support.
SAIL is forming the descending channel pattern, add it to your watchlist.
The current price 314.85 is hovering near the breakout price of 326. If the stock gains momentum, it can touch 365 and 390. Retracement levels can be seen at 314, 293, 286 and 262. As with every trade, always keep a stop loss and also consult your registered adviser and do due diligence. Not a buy or sell recommendation.
Indiabulls Housing Finance is moving in a parallel channel and the supports are moving a notch higher with passage of time and since the price is at lowest end of the channel , it gives a good opportunity to go long in this stock . The stop loss for the said trade should be 200 on closing basis and Targets could be as high as 313 in short term . The trade would...
Hi everyone, If you break out the parallel channel in this chart, the whole trend will change and you will continue to move from downtrend to uptrend. Elliott Wave most complicated wave c is running thank you
as rsi looking oversold and divergence seen on chart we may see bounce back in sail
BYBIT:BTCUSDT BTCUSDT : Descending Channel Pattern : Descending Channel. What is Channel Trading? When trading a channel, you use parallel lines connecting the swing highs and swing lows of a market’s support and resistance. The most common method to mark a channel is by using trend lines. The swing highs that are marked by the trend line known as the ...
please refer to the chart. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe.
After the continuous declines, crypto markets took a breather last week and closed the week with ~1% gains. BTC also bounced back after making a recent low of $32,933 and closed the week with 4.46% gains. At the time of writing, BTC is trading slightly below $37,000. BTC formed a bullish Hammer candlestick pattern on the weekly TF, which depicts that we can...