NSE:BANKNIFTY If the 15 Mins candle closes above the parallel channel with some big move you can plan for a CE buying or you can short and buy PE
Stock gave breakout from one trendline, and another trendline acting as a resistance.
Stock on support in a parallel channel on weekly timeframe. If there is a rejection candle from the support plan to accumulate.
#nifty future resisted near channel top of 17400 and making head and shoulder pattern... moving towards middle line of channel and neck line of channel near 16925-- 16800 now immediate channel resistance is 16225---16280 mkt "sell on rise " mode
CEREBRAINT. makes morning star pattern on their support and following parallel channel.. so, strong buy for good targets
KUANTUM is in parallel channel since bringing, once it is able to successfully cross and close above 92-96 zone expect move until upper end of the channel
Banknifty future respecting the channel and took the channel support near 37400-500 and given superb bounce.. now again at previous hurdle of 38000-38200 if this hurdle is crossed one can see more upmove towards 40000 Bias is positive till its in channel views are educational
Sail work in parallel channel, it may test 122 soon. if sustain above 122 it would be break out of falling wedge pattern next target would be 140 and 175 in upcoming month.
NIFTY in consolidation after hitting high near channel top 18115 down side 17700---17800 is the support zone based on following analysis: support : 20 ema : 17750 critical trend line (white) support near 17740 gap to fill support : 17688 note : LRHR (Low risk high reward opportunity ) will be finding selling opportunity near channel top and finding buy on dip...
Voltas previously moved out of flag structure and gave retracement. Now again made 3 white soldiers candlestick Pattern on daily chart. Upside expected towards 1440-1528 with SL 1243 DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to...
Nifty running up from 15671 like there is no resistance upside. But when you take a closer look the the price is not straight up but its curving downside. momentum loss is shown by MACD with negative divergence. Hence the title THE END OF THE NEW BEGINNING Price is going up as wxyz correction to previous drop and expecting end between 17890-18200 levels The...
In previous post we analysed that nifty has minimum target near 17600 for wave "e" of wave d... today made high near 17560 now previous resistance of 17442--17326 is acting as support... and upside resistance zone 17550--17650.. nifty till date continue HH- HL swings in upward channel
Instrument : divis lab timeframe : daily timeframe travelling in parallel channel
Stock is currently trading at it's weekly support area and has already formed a " Parallel Channel " formation. Breakout of the pattern can give a high Risk Reward Ratio trade. Kindly add this to your watchlist.
There is a long consolidation or sideways price action seen within parallel channel, when it has given breakout, there was a good intensity of volume at breakout candle, also it was along with trendline breakout in (RSI) relative strength index too, so it was double confirmation as per channel breakout, target should be equal to depth of channel, which was...
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥 👑 Strategy : - Parallel channel - Higher lows inside the channel - respecting a good trendline supportive one inside the parallel channel - good breakout with good candle and volume too - gap not sustained and then accumulated there and now a breakout = good...