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Patterntrading

Huge selling in NASDAQ after Big upsideNasdaq may face resistance around 20100-20500 Nasdaq is up almost 100% from 2023 lows And there are 3 channels are working in Nasdaq One medium term channel is working from 2020 and other 2 channels are short term With the price action there is Weekly RSI that also around the resistance levels. So be caution around these levels. Thank you !! Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
FX:NAS100Short
by FiveCircles
Great Shorting opportunity in ABBABB is around the Long Term Resistance ABB is up almost 1200% in last 4 years ! Which is very extraordinary. If we analyse Monthly timeframe analysis then we can clearly see Stock is around the long term channel Resistance. Resistance is coming around 9200-9300 Also to confirm the same resistance, on a Daily timeframe we can see Rising channel which is seems working and stock is around the resistance. Right now stock is around 9200-9100 and if stock falls from the highs then we can expect stock to come around 7200-7300 Thank you !! Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
NSE:ABBShort
by FiveCircles
Swan Energy - Breakout Soon#swanenergy #Swingtrade #breakouttrade #patterntrading #Symmetricaltrianglepattern Swan Energy (swing trade) >> Breakout candidate >> Symmetrical Triangle pattern >> Risk Reward favorable >> Good strength in stock Swing Traders can lock 10% profit & keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:SWANCORPLong
by moneyfesttrading
5
UBL is ready for Correction UBL us around the long term Resistance !! UBL may correct around 2200-2300 level if Resistance is not broken Also if anyone already has the stock then they may use trailing Stop Loss to limit their Loss and to book Maximum profits from it Also Stock is making Broadening Pattern on a Daily timeframe If stock sustain above 2200-2300 levels then It will be multiyear breakout and we can see huge upsidde in months to come But for now Its around the resistance !! Thank You !!
NSE:UBLShort
by FiveCircles
Best swing trade idea on BATA INDIABATA INDIA has fallen 40% from highs !! Stock has always given correction around 40 to 45% in past Right now 40% correction is done and if stock fallen more 5% from hereon then support is coming around 1220-1260 levels. Stock has broken its medium term support which was working from 2019 But stock is also making falling channel and it is working properly. So if anyone is interested in a stock for a long term then should not of 5-6% correction from here and should start accumulating from these levels. Also this is best swing trade idea for 30-40% upside from current levels. Thank You !!
NSE:BATAINDIALong
by FiveCircles
Opinion: NTPC - 400 MarkNSE:NTPC gains traction over a past few months. Company tends to improve the energy generation process and also exploring clean energy generation. For long term, NTPC holds value and growth potential - Energy demand for future will rise by considering consequent heat wave across India due to global warming effect. Also expansion of Industries, extra luxury celebrations, parties will add benefits to Energy production companies. * NTPC is a Top Indian Independent energy producer, with 25% of total market share of entire energy sectors. Trading Setup: * NTPC - May trade with the range of Rs.300 - Rs 400. My Reasons- After it crosses Rs.220 Mark, Volume starts to build up. So, current negative sentiment as of 28/Apr/2024 - put fear in overall market but NTPC holds with the range of 300-400. Breaking 300 is also a buying opportunity for every drops. Holding negative position can compensated through its high dividends. But I'm Long on NTPC which would break the upside 400.
NSE:NTPCLong
by uzumakisensi
1
MOIL - Diamond Bottom PatternIt appears that the NSE:MOIL has found its footing, indicating a potential reversal as it breaks out upwards following a period of indecision or stabilization. The Diamond Bottom pattern initiates amidst a downtrend, characterized by the formation of higher highs and lower lows within a widening pattern. Subsequently, as the highs reach their peak and the lows begin to ascend, the trading range gradually contracts. When the price breaches the upper boundary of the diamond pattern, it signals a notable reversal, marking the onset of a fresh uptrend. PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade
NSE:MOIL
by hardeepssethi