NMDC Trying to Break UpsideNMDC Trying to Break Upside
Target & SL on Chart.
For Educational Purpose Only.
Pennant
Donear Industries @ your fingertips🎀all studies explained in the chart
just Buy and hold
period 1-3 month
trgt 47-53-63+
🎲fundamentals not bad.
🎲promising chart.
🎲can see a breakout in this session.
study well then invest🙏
#your money
thanku
like |🔹| comment |🔹| support
Nazara Tech - Beautiful Symmetrical Triangle SYMMETRICAL TRIANGLE
Clearest Symmetrical Triangle formation you will ever see.
Multiple rebounds from bottom and top trend lines. Trading within the pattern.
Symmetrical Triangle is a Bilateral Pattern, i.e. can go either way.
Therefore, Technical Analysis needs to be supplemented by Fundamentals to assess more likely outcome.
Short term investment in Safari IndustriesSafari Industries is in the verge of a breakout from a Pennant pattern.
Keep the stock in watchlist to take a long position when price breaks out with a good volume.
On the weekly chart you will find a cup and handle pattern being formed supporting a bullish move.
#JSL Jindal Stainless, pennant pattern#JSL has given breakout from the upper trend line of the symmetrical triangle on Daily chart.
Good Volume.
Consolidation formed a pennant pattern and now BO.
Has already formed rounding bottom on Long Charts weekly/monthly
Near Term Target 110+
Potential Target 130+
SL- prev day low.
Note: not SEBI Registered. Nor any Recommendation. do your due diligence before taking trade.
Pennant Preparation...I Can See A Little Target 30-40 point in a week or Two.. Will See What Happen Next...🚀 I Will Wait For BO with Volume..🚀
Buy Sudarshan ChemicalBuy Sudarshan Chemical Stoploss 645 Target 780
Study: Pannant Pattern Breakout
Ready for a Big MomentumThe stock is forming a pennant pattern near 250 level which is major psychological resistance.
Multiple upper shadows towards and above 250 level with rising buying volume.
Stock is also perfectly validating its 20MA
Buy LupinBuy Lupin at CMP keeping SL at 1200 and target at 1290.
Pole and Flag Breakout and Retest formation.
NSE:LUPIN
Intraday levels - 07 June 2021 - Price action
- Bullish pennant pattern / Symmetrical triangle pattern shows wait for break out .
( use pivots for target )
Adani Power Near Pennant Or Flag BONear Pennant Or Flag Breakout
Buy On Any Day Close Above 107
Strict SL - 89.9 (DCB)
Target - 155
HINDCOPPER 30min chart Breakout!First lets talk about risk
Tight SL coz if those levels are broken the breakout will fail. also metal sector is not looking very bullish in short time and we are trading on 30mins chart for short term.
Now here are my reasons to trade
Stock gave a breakout on 30 min chart today with a good volume.
Stock was consolidating for 11 trading day and gave a breakout on 12th day, i.e. today.
After breakout it retested the trendline for about 1.5 hours and managed to sustain above the trendline.
On the upper side it is facing a resistance on 0.236 fibonacci levels.
MACD also generated a buy signal.
Major trend is on the positive side on a bigger time frame but metal sector is underperforming from last few sessions and as these metal stocks are cyclical. Sector is in a fear of trend reversal.
On the bright side, metal prices in India are kept artificially lower to than other companies so their is room to improve.
INFOBEAM- A chance to earn huge.Look at this beauty , how wonderfully it has given a BO
We can enter keeping the Stop-Loss below the trend line and can expect at least 20-25%.
> Patience is the key
> Wait for the right entry.
>Enter only when the risk is low.
Intraday levels - 01 June 2021 1. Price action
2. Multiple time frame analysis ( 30 min )
3. Bearish flag and pennant pattern show
4. IMportant levels marked in chart ( use pivots )
