Parallel channel Trade
T- 528
SL : 454
Reason : Trading inside the parallel channel, bounced from support poised to touch the resistance .
Holding period : Less than 15 days.
Parallelchannels
Best Momentum Picks | Daily Market Analysis video I daily make educational content videos on Markets
The above video is based on price action analysis only
World Markets | Best stocks to grab and Index outlook with LogicI daily make educational videos on Financial Markets
Analysis done in this video is based on Price action only
LICILICI is showing movement well within parallel channel since 23rd May
IPO listing was on 17th may
Marico - ChannelMarico is moving nicely within the parallel Channel.
At the bottom of the channel it has shown a reversal, if the momentum continues it will give an easy 10%.
Trade Carefully!!
LTTS ON A Boom If Breaks Then The Targets could be Taken at 3880 and 2833 .
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
Symbol Name :- LTTS ( L&T Technology Services )
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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Nifty Auto ( Cnx Auto ) is this a Selling Time If Breaks Then The Targets could be Taken at 10959 .
Time Frame :- 1 Hour
Patterns Name :- Parallel Channels
Symbol Name :- CNX AUTO ( Nifty Auto )
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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sun pharma in channel from long timesunpharma running in a parallel upward channel range, drown trendline on chart
add to watch list and watch for channel breakdown or breakout
expecting big rally after getting out from channel
Tata Elxsi is this a sell opportunity If Breaks Then The Targets can be Taken at 7497.
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
Symbol Name :- Tata Elxsi
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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Breakout in GALLANTTBreakout in GALLANTT in Daily timeframe.
Entry: 82.50
Targets: 88 and 100
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
LG Bros is it a opportunityIf Breaks Then The Targets can be Taken at 630 .
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
Symbol Name :- LG BROS
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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Nifty Spot Weekly Outlook 06th June to 10th JuneFalcon Analytics Outlook Nifty 50 for the Expiry week ( Jun 06 – June 10 )
Last Weekly Nifty witness selling pressure @ 200day EMA @ 16746 on friday, while the pivot for the week @ 16223 was not breached.
Technically for this week on the daily charts we see minor support on the downside for Nifty50 index lies at 16358 levels,
whereas minor resistance on the upside is capped around 16824 levels.
If Nifty50 index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 16250/16114 and and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16960/17095 .
Currently Nifty50 index is trading Below Red Line 200 day EMA @ 16746 suggests long term trend is Bearish .
Range for the week is seen from 16114 on downside and 16824 on upside.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 17095
RESISTANCE 3: 16960
RESISTANCE 2: 16824
RESISTANCE 1: 16740
WEEKLY PIVOT LEVELS: 16605
SUPPORT 1: 16469
SUPPORT 2: 16385
SUPPORT 3: 16250
SUPPORT 4: 16114
All above views for education purpose only.
Regards,
MD .
5 Months #Breakout in #ROLEXRINGS5 Months #Breakout from #parallelChannel in #ROLEXRINGS (Rolex Rings Ltd).
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 channel can slant upward, downward, or sideways on the chart.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
Note : - Invested in #ROLEXRINGS
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel
Tata Motor Dvr on a DownsideIf Breaks Then The Targets can be Taken at 148.80 .
Time Frame :- 1 Day
Patterns Name :- Parallel Channel
Symbol Name :- Tata Motor Dvr
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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Moving in a Parallel ChannelAxis Bank is moving in a parallel channel and is in uptrend in hourly chart.
With a target of Rs 712, once can initiate the trade.
Disclaimer: This is for educational purposes only.
APLLTDParallel channel has been downward bearish since early 2021
720 is crucial on closing basis for further fall
Bajaj Finance Technical Analysis Hello Guys , Today I Have The Technical Chart of Bajaj Finance it is in the Parallel Channel from a few ago but now I think it will go Up because it has made a neutral signal after a very long bearish trend and now lets talk about the target . So its target could be 6149 . BTW It is Based on your Risk To trade on it or not and Don't Forget to Like the Idea and Follow The Channel for Regular Updates and Regular Ideas and also Now i am again Going To Make Regular ideas Bye-Bye .
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
Stock Name :- Bajaj Finance
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
Likely to breakout parallel channel
Has posted stellar Quarterly result but stock went down due to technical resistance.
It's very likely to breakout the parallel channel this time.
Keep SL below 48 , for target 57/64 in June'22 series.
#BHEL #Postionalview #learning
Torent pharma Technical AnalysisHello Guys , Today I Have The Technical Chart of Torrent Pharma it has just breaked the Parallel Channe a few days ago but now I think it will go Up because it has made a bullish signal after a bearish trend and now lets talk about the target . So its target could be 3262 . Just Breaked the Channel Can Retest once here . BTW It is Based on your Risk To trade on it or not and Don't Forget to Like the Idea and Follow The Channel for Regular Updates and Regular Ideas and also Now i am again Going To Make Regular ideas Bye-Bye .
Time Frame :- 1 Day
Patterns Name :- Parallel Channel
Stock Name :- Torrent Pharma
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
Nifty Technical Analysis Hello Guys , Today I Have The Technical Chart of Nifty it is in the Parallel Channel from a few days ago but now I think it will go Up because it has made a bullish signal after a very long bearish trend and now lets talk about the target . So its target could be 16968 . BTW It is Based on your Risk To trade on it or not and Don't Forget to Like the Idea and Follow The Channel for Regular Updates and Regular Ideas and also Now i am again Going To Make Regular ideas Bye-Bye .
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
Stock Name :- Nifty
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
