seems bears are over for the time being and it is ready to break parallel channel to upside
Tata Consumer - Short Term Range Breakout Idea When the price crosses the range, it is likely to continue in that direction. Intraday traders then use the breakout as the entry point. In simple words, the opening range breakout strategy means taking a position when price breaks above or below the previous day's high or low Tata Consumer Products is an Indian...
Canara bank started its upmove from levels of 80 and now it trading around levels of 310 almost have given a rally of 4times in last 2 years Now on weekly time frame counter is trading around resistance levels of descending trend line, which is around 310-325 levels, in last one week counter is consolidating in range 303-315 levels and now able to sustain...
Counter is trading in ascending parallel channel structure, few days ago on result day counter gave a gap up opening and now counter have filled the gap,, now closing below 593 would lead to reversal confirmation, so sustaining below 593 on closing basis and follow through would lead to levels of 579 and 551 going a head,, if not able to close below small bounce...
NSE:ICICIBANK is in a parallel channel, where the current price action is at the bottom of the channel. So, it' a nice swing trading strategy to buy around 900 and sell once around 960. If sustains above 960, buy and then sell again on 1020. Roughly 120 point range play.
Exide Industry may revert from 140 level. It may test 150 and 165 level soon, as it is trading in parallel channel with divergence on indicator.
I daily make educational content videos on financial markets
Nykaa has been falling in the parallel channel since making ATH 2560 I don't expect this selling to stop in near time. this is just a bounce from the mean.
NSE:CIPLA CIPLA - CMP in Blue Sky Zone and near Life time high Rising in Parallel Channel since 24 month 13 month consolidation in tight range & then resumption of uptrend. Targets: 1320 - 1458 - 1683 Upside : 45% SL : 990 Time Frame : 6 - 18 Month CMP above all major monthly Exponential Moving Averages RSI in Bullish Zone
In 1h timeframe MARUTI stock has given breakout to parallel channel pattern with a breakout entry above 8890+ there are chances of going up to their long target of 9160+.
Good Day , Hello Traders, Campus is strong and very bullish. Keep 590 as stop loss and one can hold for the target of 700 Chart Self explanatory Time Frame : Daily Disclaimer : I am not SEBI registered analyst, this is for educational purposes. Please trade as per your risk and do consult with your financial advisor before taking any trading...
I daily make educational content videos on financial markets
I daily make educational content videos on financial markets
4 hours time frame Good opportunity, add to your watchlist and take advantage.
I daily make educational content videos on financial markets
This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum.
Dow jones industrial Average index is in parallel since Jul 2021 in downward bearish move. Looking at the past, it has good probability to bounce near gap area
Granules is doing sideway consolidation in long term parallel channel since 2007 bottom formation at the red box could be good level for entry