AXISBANK is trading in descending channel & its trying to breakout of channel, wait pateintly to break 852 then its a buy for very short term.
Could be bought above 852 with mentioned stoploss & target till EOD/GAP-UP.
What's going on traders?! This is the breakdown analysis I came up with for the end of the week. Price is currently in a range so the investment strategy is neutral. However, there are still great opportunities to maximise for next week and more. Hope this analysis gives you a clear view on what to look for!
Price seems to be losing a little volume especially in a key area of price action. Worse case scenario stop loss is spacious above resistance area to confirm price is not done going to the upside. Remember traders we can't control the market, we can control how we approach it.
Good morning traders! Took some great losses earlier in the week, but one thing about price it will always return to the overall trend. Therefore, maximises gain from those losses by being patient, managing risk and staying alert of key areas of entry opportunities. Hope you guys capitalised on this trade but if not there's always another opportunity in the market!
Price giving a deeper retracement for a possible larger profit range back to previous swing high/support. Took a great loss this morning, and now adjusting to the market while managing risk.
Great setup that cannot be passed up. Remember to always set alerts to prevent hawking the market which will lead to impulsive trading or FOMO (fear of missing out). Keep risk to reward high, stop loss spacious, and take profit achievable.
Just a morning setup for you to capitalise. I'd wait it out for a bearish candlestick rejection specifically on the lower time frames for precise entry.
The stock has already given a reversal from multiple supports, as you can see on the charts. If there is some retracement, there will be a good price to enter into a long position. With a favorable risk-reward ratio.
If sustains above the levels of 1700, may go to 1850/2060.
Sustaining below 1660 for a couple of days will show weakness on the charts.
Trade wisely...
Hello !!
Good Morning !! Welcome to the quick update of HCL Technologies. HCL being an IT company has good long-term prospects with interesting technicals and fundamentals. As of now, it is moving in a descending triangle and is trying to break out.
We can consider adding some HCL to your portfolio for long-term prospects. Once it breaks the falling wedge, it...
This stock tests the patience of investors too much, Decent Earnings results keep this stock from falling down.
Today is a good day for its investors, gave a good breakout, showing more growth potential with its good, MACD.
If it stays above 4950 for some more time, can expect a good upward momentum and good rally or should wait again until it breaks the...
Aarti Drugs || Chart analysis✅
Can see-
✅Ascending triangle
✅Descending triangle
✅Symmetric triangle
✅Parallel uptrend channel
✅downtrend channel
👉This is not a buy recommendation.
👉The stock is in a major suppport,and maybe can see a reversal from current level.
👉Postive Q1 published.
Study well🙏expecting good growth.
ABOUT THE COMPANY...
BHEL can be good to buy around 56, if it sustains that level, please wait for retest before making any position and do consult your financial advisor before taking any financial decision.
buy jyothy lab with patience look the volume how volume you show in entire consolidate market hows the volume goes up this is the smart investor in stock market lets see the main point how the fundamentaly strong share performe in cosolidate and volume goes up before bull market they stock touch previous level also now bull run they also touch that level so now...
all stocks flying 😉
don't know how many of you
enjoying the benefit💰💰💰
➣"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." — Warren Buffett
Be prepared to invest in a down market and to "get out" in a soaring market, as per the philosophy of Warren Buffett.
➣"An investment in knowledge...
This script gave a wonderful channel pattern BreakOut with a good volume ,
One can enter with a minimum SL of 2% and can expext atleast 18-20% move upside.
Wait for the price for the retest which is mentioned in the chart.
Best of Luck.
Note to self : My Risk is always defined before I enter a trade.
This will help a lot for a long time.
Happy Trading.
I was checking tradinggview here late in Canada. It seems that XRP is trying to close with a higher high candle. It is interesting to watch in real time, I think it will close weekly in the 60 cent range, maybe even higher. We'll see. I'm not buying any right now as I've already accumulated. I wonder if next week will try to hit 1$. It's at 60 cents now, so a 50%...
