Last week the price gave a momentum derived breakout of the triangular pattern. This breakout should end the long time consolidation in the stock. Now we have to wait for a breakout of the resistance level of 315. The breakout of 315 will initiate the uptrend. Potentially the price can test its high of 516, which is 64% from the breakout level.
EMA Bands: Both...
EIH Limited: Luxury Hospitality Player 🏨
Luxury and potential blend seamlessly! 🌟
Snapshot:
EIH Limited, a prominent name in the hospitality sector, is in the spotlight. Operating luxurious Oberoi hotels and five-star Trident hotels, this company has carved a niche in the industry.
Trading Insight:
Remarkable consolidation over 64 trading days has caught our...
Lemon Tree: Ascending Triangle Breakout 🚀
Lemon Tree, a major player in India's hotel industry, is making waves. 🏨🌟
📈 Technical Analysis:
The stock is exhibiting an ascending triangle pattern breakout, indicating a potential bullish move ahead. This formation suggests that the upward momentum could continue, presenting a trading opportunity.
🔍 What's...
Hey Traders! 📢
EIHOTEL is showing a promising Breakout and Retest setup, making it an excellent candidate for swing trading. 📈
**Key Points:**
- Clear breakout from previous resistance.
- Retesting the breakout level, confirming potential support.
- Positive momentum indicators.
- Potential for a significant upswing.
**Trade Strategy:**
- Entry: Above the...
Get ready for a profitable swing trade with KKCL! We've spotted an ascending triangle setup, indicating potential upward movement. Stay tuned for our in-depth analysis in our upcoming TradingView idea. It's time to seize the opportunity for gains! 📈💼
#SwingTrading #AscendingTriangle
Garden Reach Shipbuilders & Engineers Ltd stands as a leading shipbuilding firm in India, operating under the oversight of the Ministry of Defence. Its primary focus is on meeting the shipbuilding requirements of both the Indian Navy and the Indian Coast Guard.
Technicals:
▶ Trend changed in April due to bull market
▶ 50 EMA has always acted as a support
▶ ...
NSE:ASHOKA Harami candle s formation near the support of 10 DEMA enough for positional entry with calculated risk reward.
Disclaimer: Not at all a recommendation but just for community sharing.
A cup and handle pattern has formed in the BEL chart. Pattern is on the cusp of giving a break-out. First target is the depth of handle followed by second target which is depth of the cup.
SL is low of the handle.
Yet another H&S structure is formed in the IndusInd Bank's chart of hourly time frame. In a bull market like the one underway, this pattern has a very high probability of achieving the target. I am going long, are you?
PS: This is NOT a trading call or advice. Please do your own research.
HDFC AMC looks good for Positional Trade. W pattern breakout given on Monthly chart. Also RSI is showing strength, can be a good buy on Dips.
Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade.
If you think this idea is use full
please like and share and...
- Price is sitting at the demand zone + flip level.
- There is a small deviation from the parallel channel which seems like a bear trap to me.
- If the demand zone holds up, then there is a good possibility of the ATH over the next few months.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at...
Swing trade opportunity in IGL.
Entry - 483
Targets - 515 & 530
DISCLAIMER: I am not SEBI registered and the ideas posted are only for educational purpose. Always trade with proper STOPLOSS.
HG infra has given neat and clean breakout on daily timeframe and now it has retested the levels also. Now this is going to fly towards all time high levels. So if anyone wants to go long can go with given levels on chart.
This could be a positional trade chances are high we can capture here more than 100 rs move.
Price and Action proper showing a bullish...
A rising Wedge kind of pattern is forming in the NSE:BANKNIFTY as we can see in the chart above .
If breakdown of the same may lead us towards 42350 levels in coming days.
The dashed lines in the chart may act as support.
Note: This is positional view only for educational purpose, please follow your trading setup before initiating. Also, it may...
HDFC BANK has been consolidating for a long while near its resistance areas. This is showing that the sellers are losing their grip on the supply zone and buyers are willing to push the stock ahead and change the market structure.
The breakout has not yet happened but the signs look positive hence keep it on your radar.
Disclaimer - Please take positions as...
