Positionaltrade
Ascending Triangle BANKBARODAHello Guys, As we see the Ascending Triangle Pattern is observed in the BANKBARODA stock and the price is on the breakout level in weekly chart and if it breaks above the 107.50 and sustained there then it will be the good positional trade for shorter period targeting the range of 135-140 Rs.
Trade using Pitchfork and PitchFanPitchFORK + PitchFAn is very acuurate When it comes to find the point of reversal.
In this chart one can easily find the point of reversal just by looking at important levels of pitchfork.
If pitch fork is drawn accurately it will definitely help you in your intraday/positional trading.
Draw pitchfor at daily time frame and then use it in your trading either on hourly/30min/15min/5min it will give you amazing results.
good luck guys....
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalHESTER BIOSCIENCES
Strong financials, stock taking good moving in a range.
Seeing recent Volume, it may break its strong resistance and trend-line, which it tested many times.
Script is making lower highs and lower lows, trading in symmetrical triangle pattern, in a range in daily time frame.
Buy positionally above 2530 trendline breakout.
First target will be 2630 which is also 50% fibo level.
Resistance zone is from 2600-2660 levels, so good level to enter full is 2670 level on candle closing basis.
for swing stoploss below 2400 after breakout
positional stoploss below 2250
Note: This is not any buying call, shared for education purpose only.
#investing #StockMarket #StockIdeas #StocktoWatch #Stocktobuy Royal Orchid Hotel
After correcting, stock moving up slowly, Rounding bottom pattern can be seen.
Price at major Resistance level may break seeing Volumes.
Entry can be above 110 levels on a closing basis.
Also, 111 is a major Fib level, if it breaks can go up to 135 levels ie fib 50%.
Target can be 10-20% on a trailing basis, upuo 120-130 levels.
SL will be 95 on a closing basis.
Unlocking theme still plays, so hope for this script.
Above levels are for Education purposes only, please do your own analysis before any trade.
DABUR SWING TRADE(2/Feb/2022)Swing Trade(2/Feb/2022)
Dabur - Ready for an bullish move.
Price Action Analysis - Dabur is taking major support at the same level for several times in daily candle and ready for breakout upside with confirmation form 200EMA and RSI.
DABUR(2-Feb-22)
BUY - 552
Target - 558, 569, 578
SL - 544
The Finwiser 📈📊
HDFC Bank - Looking good for a swing tradeKey highlights:
1. Bounced off 2 day demand zone
2. Closed just above 200 MA
3. Sitting at 0.5 Fibonacci level
4. Potential formation of Inverse Head and Shoulders pattern
5. Psychological level of 1500
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
NSE Certified Technical & Fundamental Analyst