NSE:AXISBANK Trading bullish, Weekly chart updated with levels !NSE:AXISBANK
#NSE:AXISBANK Long levels updated for long term view !!
Pennant
Thakur to gayo #AU bank risk is so small please look for entries.
please refer to the chart.
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If you want me to investigate any chart for you then would cherish doing that for you.
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DABUR Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
PowerGrid - Powered up Breakout of PennantPowerGrid has broken out of a Bullish Pennant with a big 5% green candle today.
This movement coincides with a crossover in the MACD indicator, signaling the commencement of an upward trend.
HDFCBANK 15Min AnalysisHDFCBANK trading in Pennant Pattern signaling sideways action for 10-01-21. Avoid trading HDFCBANK until it breaks the Pattern. If price breaks above the pattern then we can see 1575 and 1600 levels, break below of the pattern can take price to 1500.
IRCTC Long Setup Pennant BreakoutIRCTC broke out from Pennant pattern after consolidating for 55 bars(daily). Breakout has good volumes and price is setting up for a target for 990 and above with a stoploss at 848. We can buy dips till 873, setup will be invalidated if prices crosess below stoploss level.
HFCL READY FOR BIG MOVELevels are explained in charts with Entry, Target & Stop Loss.
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Flag & Pole Breakout
Strong rangebound consolidation & near breakout
400 range entry with SL below 385-375 support range
at 325 entry level took 200ema daily support & RSI divergence
REDINGTON [Bullish pennant]The bull pennant is a bullish continuation pattern that signals the extension of the uptrend after the period of consolidation is over
TAREGETS are open after breakout with high volume or wick rejection .
I am not a sebi register this only for education purpose .I am not responsible for any loss or profit
bullish pennant pattern trade setupgranules : cmp 316
stock is trading with bullish pennant pattern .
usually trades are taken when upper price trend line is taken out with volume .
our trade can be initiated at lower price support trend line where its trading now .
we can extract the up move from this support zone too .
bullish pennant forms after a big up move of a stock to form pole .
followed by a corrective phase in a triangle similar to symmetrical one,
with higher lows and lower high respectively to form pennant.
trade set up :
1. buy till 310
2. keep stop loss as 288 on closing basis
3. targets : 335 / 353 / 374 / 404 /446 /500+++ long term pick
technical set up :
1. bullish pennant pattern
2. trend line
3. support & resistance
NSE:TATACOMM Cup&HandleNSE:TATACOMM
#NSE:TATACOMM formed beautiful cup&Handle pattern...
Message me for levels, check the details on my profile.
NSE:LALPATHLAB All levels mentioned on chart !!NSE:LALPATHLAB
#NSE:LALPATHLAB trading bullish and BO TL
ALl the levels mentioned on chart.
Safe side both the ways marked.
GMM Pfaudler Ready for BreakoutGMM Pfaudler Ready for Breakout
Levels are explained in charts with Entry, Target & Stop Loss.
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
AFFLE SYMMETRICAL TRIANGLE + BULLISH PENNANT FORMATIONTarget 1 shall be around 1255 to 1260 and further breakout of all time high can move a bullish pennant type of breakout
NSE:GMRINFRA Trading bullish @ resistanceNSE:GMRINFRA
#NSE:GMRINFRA trading bullish and reached Resistance, Post confirmation may show good momentum.
Interested may ping in personal for the levels.
HAVELLS PRICE ACTIONHAVELLS is forming very good pennant pattern.
Waiting for good volume for breakout
IPCA LABStock Has Formed Good Falling Wedge Pattern & Break It Recently. & Now Breaked Double Bottom Type Of Structure So We Can See Good Buying Opportunity Here.
Pennant Pattern #Stay ahead #FSLHello, what I can discern is the Pennant pattern in 2h TF,
Here both sides' alternative is functional for Shorty Tf but still pushing the higher probability of that is more.
Will hit resistance on the upper barrier be cautious with that if it traverses and stays there then more rallying we will notice in this counter.
Dmart near at their breakout Dmart is going to bullish for next 1 month .
Target - 5000
Resistance level - 4700
Strong support - 4590
Hold for - 1month
Chart pattern - Bullish Pennant
NSE:HINDALCO levels mentioned on chart !!NSE:HINDALCO
#NSE:HINDALCO trading bullish and all levels mentioned on chart !!
