Grasim Cmp 1957 dated 23-11-2023 1. Pennant Pattern 2. Bearish Candle @ Resistance 3. RSI Divergence Sell below 1950 target 1940-1920-1900-1890-1875 SL 1985 It is just a view, please trade at your own risk.
Weekly chart analysis of NSE:LATENTVIEW A bullish pennant has been seen on weekly chart pattern. In technical analysis that usually forms after a strong price movement upward, followed by a brief consolidation period. A double bottom is a bullish chart pattern observed in technical analysis. It usually occurs after a downtrend and signifies a potential...
Falling Trendline breakout is developing on weekly chart of NSE:KCP One lookinto it to buy the scrip at cmp with a stop loss of 100 for the targets of 122, 133, 144 respectively. The stock has given the golden crossover(Bullish Signal) and 5wema is above 44wema. Exit the position if the stop loss triggered on Weekly closing basis. DO YOU WANT ALL MY RESEARCH...
Siemens Cmp 3601 dated 12-10-2023 1. Inside Candle made 2. RSI Divergence Buy above 3610 target 3640-3680-3700-3735 SL 3550 It is just view, please trade at your own risk.
NASDAQ:TSLA A behemoth in the electric vehicle and clean energy sector that has always kept investors and market analysts on their toes with its stock price movements. Tesla had a tough time in 2022, seeing its stock price drop from $400 to almost $100. But things turned around this year. The stock price bounced back big time, going up by 200% from $100 to $300....
DraftKings Inc, a name synonymous with digital sports entertainment and gaming, has showcased a roller-coaster journey on the stock market. Let's delve into a simplistic examination of its performance, focusing on the key price actions and what lies ahead. In 2020, prior to the pandemic-induced market crash, DraftKings enjoyed a rally of about 90%, with its stock...
A recent development on the Tata Motors stock chart has caught the eagle eye of traders and investors: a compelling breakout from a bullish pennant, coupled with a closure above its All-Time High (ATH). While these technical patterns portray a potentially lucrative picture, it's vital to delve deeper and understand the implications and strategies before jumping on...
The Banknifty recently completed a consolidation phase, forming what appears to be a bullish pennant pattern on the price chart. However, it's important to note that the presence of this pattern alone doesn't guarantee an upward price movement. It is crucial to consider that the market may experience a price correction around the 44730-44750 range, which is a...
#Triveni #SwingTrade #momentumtrading #flagpattern #chartpatternbreakout TRIVENI : Swing Trade >> Flag Pattern Breakout candidate >> Good Strength & Volumes >> Levels mentioned on chart >>Swing Traders can lock 10% profit & keep trailling Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade...
NSE:RBLBANK formed Flag and pole or pennant flag and gave breakout and did retest. Entry :248.5 Target : 270 SL : 235 RR : 1.6
SUZLON again took support this week over the rising trendline which it has been respecting from over 7 months since it began its wonderful breakout. The descending resistance line was also broken out today. Pennant formation. The swing breakout also sent price above 10 and 20 EMA and a crossover was avoided. RSI again crossed over 60 and yesterday was 5% upper...
BUY - STERLING & WILSON SOLAR LTD CMP - Rs. 309 Target - 1: Rs. 411 Target - 2: Rs. 494 Target - 3: Rs. 576 . . Technicals - Bullish Flag Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
There is a bullish pennant pattern formed in 1D timeframe. It can be a good trade for both swing traders an intraday traders once it backs the upper parallel channel. First target could be 460.00 level SL would be end of wick of the break-out candle Happy Trading Cheers:)
NSE:TATASTEEL on weekly charts has a commanding positional advantage. Since commodities are news and dollar driven, some little knee jerk reactions can emerge during the journey, and perhaps by the end of September or early October, NSE:TATASTEEL can become a brilliant trade to play with. The positional view is also displayed on the chart, but it will need...
Pennant breakout with supporting volume. stock already in uptrend & Pennant formed which is trend continuation pattern. also trend change to uptrend in monthly time frame also
Bearish pennant pattern formed in Reliance 15 min timeframe. Go short once price breaks down and goes below~2408.65 level which appeared to be a good area of resistance and support First Target: ~ 2399.00 Second Target: ~2386.00 and so on This is just for educational purpose. Please do your own research before investing or trading Happy Days
BUY - BEL CMP - Rs. 123 Target - 1: Rs. 164 Target - 2: Rs. 209 . . Technicals - Resistance Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Poddar Pigments after a good time correction is going into bullish zone again, the formation of 3 week tight doji pattern near the trend line breakout zone is a good sign of demand this scrip is getting. Looks like this pigments scrip will be giving a breakout soon. Stop loss should be placed @ 290 here. *DISCLAIMER* This analysis is only for educational...