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...
Good consolidation done in a parallel channel. Breakout expected soon. Keep a watch and don't miss above 525 levels
BPCL has formed descending channel pattern and given breakout
PEL is forming a decsending channel pattern and is at support
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
NSE:COALINDIA NSE:COALINDIA will fall or up? If it is up it will continue the channel for new high.
Bandhan bank formed channel pattern and about to give break out from the channel.
SBI cards is in descending channel pattern and about to give breakout and change the trend
Naukri has been moving near to lower end of the parallel channel. 5055=5150 range is very imp zone to sustain. we may use Fibonacci reference for support if it comes before lower end of the channel.
Inverse head and shoulder formation gives a confirmation that price has reversed well from lower end of the parallel channel and ready to move up. middle resistance zone has be bo and retested as well.
DEEPINDS | All time high + Channel breakout - Lets try 15-30% CMP : 175 (165) SL : 155 Target : 200, 225 1:3+ risk reward for first target (From dip) Consider buying 70% now @ 175, remaining 30% at dip.
DR REDDY LAB nice falling channel can be seen,we can take trade on breakout
in channel its risker to take positions in middle of the channel so best would be to go long when prices touch lower channel and to go short when price touch upper channel when prices are touching lower end of the channel or upper end of the channel you will see multiple other factors which will support the bounce or resistance like candle sticks or bullish...
After a heavy downtrend from JAN 2018 formed a rising channel and BROKE DOWN the Support of the channel.
NSE:CENTURYPLY CMP = 405 is ATH. Breakout confirmed from Ascending Channel Pattern Ready to Rally 24% and test its Multi-Year Trend Line Resistance Target : 496 SL = 356 Golden Cross Over signals very Bullish Phase ahead
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this is a chart of idea the wave 1,2,3,4 is complete and wave 5 is running the time to buy idea and get big profit
Price Action Upward Parallel Channel broken Indicators Upper Bollinger Band broken RSI > 60 MACD - Buy Signal