Priceactionanalysis
GNFCGNFC :- Cup and handle pattern has formed, wait for the breakout.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
L&TFHL&TFH:- Keep an eye on the stock, wait for the breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
BIRLAMONEYBIRLAMONEY:- The stock has given a breakout after 5 years, and has also formed a cup and handle pattern.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
TTMLTTML :- wait for breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
RCF Simple Analysis - BullsihOn request of @Loserboy69, NSE:RCF is in an Up-Trend.
Elliot's 3rd Wave is progressing in the Weekly Chart which should take the price up to 174.05. From the Current market price to this Target, there will be a 48% Return on Investment.
Price never moves up straight, so, it will create a lot of Corrective moves while going up to this target.
Holding and buying on dips will be a good idea.
Gujarat Alkalies - Long consolidation BreakoutGujarat Alkalies is giving a strong breakout after almost a year. The stock is also forming ascending triangle breakout at the same time. If you closely observe the chart you will notice, the stock was in downtrend since Apr-2022 and now the long consolidation range is broken in upper side.The target of ascending triangle is 962 level which is also the immediate resistance level of the stock.
Disclaimer: The chart shared is for educational purpose only and does not have any buy sell recommendations.
Bank Nifty Simple Price Action AnalysisNSE:BANKNIFTY At a Crossroad.
After a big rally, it has created a Cup and Handle Pattern, which is a Bullish Pattern. The minimum target in that case would be 47000.
But if 43600.35 Support is taken out then a Double Top will form which can take the price down to at least 40000. So, one should trade with caution.
At this crossroad between two opposite bias Patterns, I would love to remain Bullish until the Support gets engulfed. expectation is Cup and handle will fire and the price will go up to 47000/-.
Disclaimer: Stock trading is inherently risky and you agree to assume complete and full responsibility for the outcomes of all trading decisions that you make, including but not limited to loss of capital. None of the stock trading calls made by Prosenjit should be construed as an offer to buy or sell securities, nor advice to do so. All comments and posts made by Prosenjit are for information purposes only and under no circumstances should be used for actual trading.
Bank of Baroda - Multi-year breakoutBank of baroda stock is giving breakout of 2010. The stock has tried to give breakout of the same level in 2014 but got failed and after multiple attempts, the stock was not able give a successful closing above levels of 204-218. Now the stock is giving a multi-year breakout with increasing volumes. Study this chart closely.
Disclaimer: The stock shared is only for educational purpose.
FCLFCL :- Cup and handle pattern is made in stock, breakout has been given
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
METROPOLISMETROPOLIS :- After a huge fall, the stock has consolidated and has also formed a reversal pattern called Cup and Handle Pattern.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
GRASIMGRASIM:- After this, a breakout is about to happen, the stock has been consolidating near the resistance for the last 3 months. If we get a breakout, we may see upside movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
WIPRO READYY FOR RALYY!!!!
Wipro Is Facing In Monthly Chart Exactly At The Black Line Which Is Around (413-414) Rs Wipro Needs To Cross This Price Before It May Go Further So Keepur Eyes On Breaking Of This Price Point.
(THIS IS JUST AN ANALYSIS DONOT TAKE IT AS AN ADVICE FOR BUY OR SELL IM NOT SEBI REGISTERD ANALYST)
INDIAMART - SWING TRADE - 20th December #stocksINDIAMART (1D TF)
Swing Trade Analysis given on 20th December, 2023 (Wednesday)
Pattern: NECKLINE BREAKOUT
- Breakout + Consolidation - Done ✓
- Volume Spike at Neckline - Done ✓
- Candle at Support - Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #indiamart
PRSMJOHNSNPRSMJOHNSN:- The stock is going to give a breakout after 5 years. It has also given a breakout. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HEAD AND SHOULDER PATTERN BREAOUT IN NMDCStock gave Breakout of Head and Shoulders Price action pattern and retested the breakout zone and also break the previous high and showing some bullishness.
Entry - 168 to 169
Target 1 - 179
Target 2 - 197
This is not a buy or sell call, analysis is shared for educational purpose.
IFCIIFCI:- Reverse pattern has been created on the monthly chart, you can also call it cup and handle pattern.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Bank of India Simple Analysis BullishBSE:BANKINDIA After a big downtrend price has been able to break the trendline and create a "U" shaped recovery, and also broke Lower High, this indicates that the price has changed its temporary downtrend and shall go up.
Expecting a Long-Term Target of 216 for now.