Nifty is constructing triple three (x,y,z) right now. Price is about to accomplish sub-wave B of triple three. Buyers should be ready to exit from their position before the price reaches the nearest lower high at 17639 , which is wave (X) of the correction. According to wave principle, if the price couldn't sustain above wave X, then the current trend is about...
Preface: IDFC First bank is ready to march upward. After making the high of 69.30, the Price has started the corrective wave four and took 179 days to complete. The ending point of wave 4 is the starting point of impulsive wave 5. Wave Formations And Fibonacci Relationships: Wave 1 is a Leading diagonal which has a 3-3-3-3-3 sub-wave structure. Wave 2 is a...
EICHERMOT | Trendline breakout - Looks potential for 15% CMP : 2590 SL : 2520 Target : 2990 1:3+ risk reward setup Can expect target to reach within January 2022
- Nifty 500 5 leg correction has played out - Price has closed right at the supply line of the bear trend channel (ongoing since 19th Oct 2021) - important support & resistance levels marked by brown dotted line
support at 13.25, target 25-27 in a year target 37 in 2 years
Hello I think the picture is more clear here Sure shot buyer will take entry above the channel only till than traders can play these levels and make their profits. till that time rest for the bulls.
QUICKHEAL | Channel Breakout + Gap filling opportunity - Potential for 25-30% CMP : 250 (242) SL : 235 Target : 315 Almost 1:6 risk reward setup from dip Holding period : 1-3 months
Graphite Cmp 524 dated 30.12.2021 1. Parallel Channel BO @ 500 2. Volume BO Buy for a tgt of 630-660-700 SL 475 It is just a view, pls trade at your own risk.
CDSL Cmp 1487 dated 30.12.2021 1. Channel support @ 1450 2. RSI Divergence. Buy for a tgt of 1540-1590-1625- SL 1440 It is just a view, pls trade at your own risk.
Nifty is trading in falling channel and cuurently price is quoting near resistance line of the channel indicating decline in index till 17000-16900, However if Nifty manages to break the Channel then it can face resistance near 17600 price zone. Red box zone can provide Nifty a support level if that breaks then it can go till 16400.
Channel breakout in Intellect Design Arena Limited with high volume
Parallel channel Double bottom Fals break down . Entry above 4.50 , sl below swing low , target upper trend line
ONGC Observations - stock is currently in short term downtrend - stock trading below it's 20 day and 50 day EMA currently around 141 and 144 respectively - 200 day EMA currently around 129 128 acted as resistance previously and could possibly act as Support now - Blue Trendline support also comes around 130 odd levels - So we see multiple support levels...
#LT - Larsen & Turbo Price trading in a Long channel. Closing above 1910 can take first target as 1950. SL : 1870 DCB.
price channal we cango lobg from hear we can trade with minimum 1:2 risk reward ratio
*for educational purpose only. It's not a call. Stock has broken the resistance level, just look at it for some correction and can buy at support level.
TATACOFFEE | Channel breakout - Looks potential for 16% CMP : 212 SL : 204 Target : 245 1:4+ risk reward setup Trying to time the market based on the time frame and momentum, expecting the setup to complete within 15/01/2022
Nifty is trading in a channel where it retraced back nearly 550 points exactly from the lower trend line of channel ,as expected now all eyes are at the upper trend line of this channel ,if price approaches to it than we can see a fall from there .There is a major resistance level is place at 17600 which was a crucial support earlier. If you were in a buy trade as...