Parallelchannels
NIFTYHello & welcome to this analysis
Nifty at the lower end of a parallel channel which matches with the trendline breakout.
As long as its above 21575 it could do another ATH towards the upper end of the parallel channel.
All the best
Amazing swing trading idea for 8 January Markets I daily make educational content videos for swing / positional trading
JSW Energy : right time for investment;Fundamentally good stock.
don't be aggressive to enter.
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entry: 300
target: 325 / 375/ 395 / 410
stoploss: 280 / 250
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right time for Long term INVESTING.
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" better wait for this weekly candle to close above 300 "
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yellow boxes mentioned above are major levels.
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Refer old ideas.
reset chart for better view.
NAVINFLUOR 4649Trinagle BO within parallel channel
good reward and balance risk
may give good returns for next 2 month
Dow jones industrial chart studyDow jones around 37600
240 mins time frame
Ascending parallel channel breakdown
big fat bearish candle formation on breakdown of channel structure..
now till the high is not crossed and sustained,,
index have possibility to retrace by 50-61% of last furious rally
and note one thing retracement will be sharp
till it below high levels view remains valid
BankniftyBanknifty may take a bounce from lower edge of the parallel channel.
consider red line as hard stoploss else gone
TCS- RB or Cup formationTCS- On the process of forming a big cup in weekly. to complete the big cup it should break the parallel channel. To break the parallel channel, it formed a Rounding bottom in daily, the target of which is matching with the weekly cup top of 4039... 10 percent profit can be made in short term from the CMP.
Note: This is for educational purpose only.
Amazing swing trading ideas for 15 Dec Markets I daily make educational content videos for swing / positional trading
Amazing weekly time frame trade idea for 4 December I daily make educational content videos for swing / positional trading
FiveStarFivestar is into parallel channel since beginning
recent consolidation has created a new oppurtunity for fresh entry
Banknifty (Weekly Analysis)Banknifty. (Only for Experienced traders" )
Enter after " Breakout and Retracement ".
Leave a " Like If you agree ".✌.
Follow for regular updates 👍
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For " long "
entry: 44520 / 44575
target: 45030 - 45250 - 45760
stoploss: 44410
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For " Short"
entry: 44250
target: 44030
stoploss: 44320
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Enter only if market Breaks
"Yellow box" mentioned.
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Wait for proper reversal and conformation.
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Don't make complicated trade set-up.📈📉
Keep it " Simple, Focus on Consistency "💹.
Refer our old ideas for accuracy rate🧑💻.
Valuable comments are welcomed-✌️
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Disclaimer:
Our Trading style is not to capture "10-20" points per trade.📊
We take entry only for min "200-300" points without any distractions.💹
So, our ideas may not be preferable for small traders, who just focusing on too much of support and resistance.📈📉📈
So, please consider others ideas.
This is for educational purposes.🧑💻
Kotak M Bank ( Looking good 💥) Add this to watchlist and wait for entry.👁️🗨️
For short term investment ;
Leave a " Like If you agree ".👍
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Wait for small retracement & daily candle to close above - " 1805 ".
Trade carefully untill ENTRY level.
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Entry: 1805
target: 1855 - 1950
sl: 1770 -1760
major stoploss/ support: 1758
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Enter only if market Breaks
"Yellow box" mentioned.
.
.
Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updates👍
.
Refer over old posted idea attached below.
2 Amazing swing trading ideas for 20 October markets I daily make educational content videos for swing / positional trading
Confluence of Fib and center of Parallel channelNIFTY is currently getting rejected from the level that formed due to a confluence of 0.382 level of Fib and the center of the parallel channel.
It will be interesting to monitor price action for few days to see if rejection continues or it breaks and goes above it.
HDFClifeparallel channel in progress. however this is overbought. retracement towards 600 would be good for fresh entry. Moving forwards as well it may remain slow of a year may be
TBZparallel channel break out is done however the rest of BO has not happened yet
look for the oppurtunity of retracement for best buy near BO 90
and it may try to test 190 level
LAURUSLABSgot too much overbought in May 2021 and since then it's trying to cool down and consoildate
Until parallel channel is not breached. avoid entry
consolidation period may continue for next few months
Bhartiartlsince late 2018 it started parallel channel and smoothly slowly deligently following the parallel channel
recent consolidation was berakout from the triangle consolidation.
ABCAPITAL, 1D form hammer on supportNSE:ABCAPITAL formed hammer on support zone and on lower level of parallel channel and gave closing above the hammer candle on Daily TimeFrame.
Entry : 184.55
Target : 192.5/193.6
SL : 175.5
RR : 0.88/1
Niftyparallel channel formation with considerable touch point
will it break down the channel on bearish note or it may take a bounce from 19584 on CB
NIFTYMIDSML400NIFTYMIDSML400 has formed parallel and what we saw recently was just the trailer.
we still have big bull waiting for us. 12300-12000 may be good warning if this pattern could fail.
It may still take 3 year for index to reach upper edge of the parallel channel
