U.S DOLLOR CURRENCY INDEX UPDATE U.S DOLLOR CURRENCY INDEX trading on parallel channel. As per analysis it may test 110-111 soon. It is major resistance 110 . There are good chances to cool down after this levels.
Parallelchannels
DJUA - an Economic Indicatorout of 5 time touching the upper/lower elbow of the parallel channel, it has touched lower elbow only once.
on short time frame as well its under parallel channel where price is also getting resistance from upper elbor of the channel.
Rising Channel formation at Info Edge counter NSE:NAUKRI
Naukri (Info Edge) has its price been trending in a rising channel formation. On 19th Sept, it took the support of the channel and can perform well in short term. Previous supports gave good positional gains of approximately 20/24%. The current support can give an approximate gain of 19%, safe traders can book partial profits at a gain of 10% and trail the scrip further.
CMP - 4065
Target - 4350 / 4550
SL - 3850 (closing basis)
Bank Nifty - Channels Basis For WavesChannels have been basis for wave analysis. Drawing them on price data offers support & resistance offering good trading opportunities.
One such channel drawn from the bottoms of 37950 & connected with 39258 lows offered support to the opening low of 40288 as of today - 14th Sep 2022
Prices rallied sharp upside to new highs above 41600+ which is very close to upper boundary of the parallel channel.
Can this halt the price action on upside & traders get fall again is the matter of due diligence to be done from your end.
Kindly do not take this as a trading call.
Thank You.
SumiChemSumichem we picked at 330 with long term horizon, and on daily chart it's been under parallel channel
stay invested for 2-3 year
Bioconparallel channel in biocon is smooth from bottom....will it be able to act properly from top as well. can we expect it to touch lower end of the channel now
Escorts - Will it be able to break all time parallel channel?Escorts has started in parallel channel since beginning however it has still not given reversal from upper edge of the channel. So probability is high it may be able to break upper edge of the channel.
It has given highest ever monthly closing and getting tail wind from the auto Index as well
SWISSMLTRY pattern retest done.
pennant pattern formation
monthly closing would be watchout for...hoping for good bulls
2 Amazing swing trades and Index Ideas for 22 AugI daily make educational content videos for financial markets
SONACOMSafter making high of 822 SONACOMS is following parallel channel in short term
on daily chart these trend usually don't sustain for much longer, however bears are in total control as of now.
HDFC ltd parallel channel.HDFC ltd s in good run now trading in parallel channel. It may test 2950 and 3250 in 3-6 month view.
HDFC ltd parallel channel long ideaHDFC ltd parallel channel long idea. It can long for target 2828 time period 3-6 month.
HindPetrosince 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.
Target 2 achieved in Icicibank | 14% moverThis idea is a follow-up to Icicibank
You can check the Link to Related Ideas ( Detailed analysis done in the 10th July Video )
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
Giving you the peak go and grab it 😱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 the chart
5. Its on peak we can maximize profit 🤑
Conclusion:-
A parallel channel pattern which has occured at this moment at the current levels. I have seen some forecasts show that it could be down maximum chances and could be followed by the market but if it doesn't breaks the Trend line then it could be up btw I also got that to follow us and like the posts and Comment Below If You want to ask me questions on this on any other idea
Have a Nice Day to you all
Made By MAYANKTECHRESEARCHING
We are not responsible for any profit or loss
Based on Your Own Risk this is only to show you what's going on
TataElxsiTataElxsi is in parallel channel since Sept 2021
Since it has broken All time high now it may try to touch upper end of the channel
Target 1 achieved in Icicibank | 11% mover This idea is a follow-up to Icicibank
You can check the Link to Related Ideas ( Detailed analysis done in 10th July Video )
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
AUROPHARMA Ascending channel !!NSE:AUROPHARMA
#NSE:AUROPHARMA formed beautiful ascending parallel channel.
Support and resistance levels marked for practice.
NIFTY RANGE BOUNDNIFTY is trading in the parallel range and forming falling parallel pattern. Nifty crosses any direction on closing basis we may see strong momentum in that direction.
GranulesParallel channel in Granules. Due to high disparity after runup has made the stock to cool down.
After recent correction there is still room for disparity to consolidate further.
This may be good oppurtunity for long term investors to enter
HDFC Bank : Trade Plan 29 Jul 2022 onwardsLevels as mentioned on the chart
Follow up chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
3 Amazing stocks and Index Ideas for 28 July I daily make educational content videos on Financial Markets
