Long on LTLong on LT.
it may or may not break out but it will at least touch the top resistance level before falling again.
Priceactiontrading
Breakout Of Inverted Head & Shoulder Pattern In Chambal FertiCHAMBAL FERTILISER
Key highlights: 💡⚡️
✅On 1D Time Frame Stock Showing Breakout of Inverted head and shoulder pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 335+.
✅Can Go short in this stock by placing a stop loss below 278-.
Trade Analysis : Intraday USDJPY BUYTrade Analysis : Intraday USDJPY BUY
Channel analysis on USDJPY
Trend Identification: Intraday Uptrend in USDJPY.
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Bullish with market structure.
Targets: T1 = 135.500, T2 - 137.750.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , a potential trading opportunity has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
[INTRADAY] #BANKNIFTY PE & CE Levels(09/05/2023)Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 43050 level then possible upside rally of 400-500 points upto 43450 Level. And this rally can extend for another 400 points if it gives breakout of 43550 level. Any Major downside only expected in case banknifty starts trading below 42950 level.
Ascending triangle pattern breakout in Ambuja Cement LtdAmbuja Cement Ltd
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Ascending triangle Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 480+.
✅Can Go short in this stock by placing a stop loss above 375-.
CONCOR - 30% RETURNS!!!BUY - CONCOR
CMP - Rs. 623
Target - 1: Rs. 746
Target - 2: Rs. 810
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Technicals - Cup and Handle Pattern
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This is just a view by an expert analyst, please invest at your own risk.
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Reversal Double bottom pattern in GUJRATGAS LTDGUJRATGAS LTD
Key highlights: 💡
✅On 1Day Time Frame Stock Showing Reversal of Double bottom Pattern .
✅ It can give movement upto the Reversal target of above 477+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 502+.
✅Can Go Long in this stock by placing a stop loss below 461-.
Bullish flag pattern breakout in PIRAMAL ENTERPRISESPIRAMAL ENTERPRISES
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Bullish flag Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 760+.
✅Can Go short in this stock by placing a stop loss below 712-.
USDJPY BULLISHThis is my view on FX:USDJPY . I got a breakout of falling wedge on a LOW TF after a retest of a previous support (Flip zone), which is actually on a bullish on the HIGHER TF.
Live Nifty Trading :-Maximizing Your Profits If you're looking for a potential short trade setup in Nifty, using price action analysis could be a useful approach. By analyzing the price movement on the charts, you can identify key levels and patterns that may indicate a potential trend reversal or pullback.
One possible short trade setup could be to wait for a bearish candlestick pattern to form at a key resistance level. This could be a shooting star, a bearish engulfing pattern, or any other bearish candlestick pattern that you are familiar with.
Once you have identified a potential setup, you can use appropriate risk management techniques, such as placing a stop loss above the resistance level, to limit your potential losses if the trade goes against you.
Remember, trading always involves risk, and there is never a guarantee that a setup will work out as expected. It is important to always practice proper risk management and to only risk what you can afford to lose.
Indusind Bank has broken a strong support level IndusInd Bank has broken a strong support level after multiple times testing the support and resistance. It was range bound testing the resistance level multiple times as well. If it gives a confirmation by breaking below 1055 then it go down till 1034 or 1025 if market mood remains bearish.
Descending triangle pattern Reversal in COLPALCOLPAL
Key highlights: 💡
✅On 1Hr Time Frame Stock Showing Reversal of Descending triangle Pattern .
✅ It can give movement upto the Reversal target of above 1515+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 1610+ .
HINDUSTAN COPPERNSE:HINDCOPPER
Has Broken abv Inverse Head and Shoulders Pattern
Can expect a Fierce Rally going ahead in wave 3.
Falling wedge pattern breakdown in TVSMOTORTVSMOTOR
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of above 1160+.
✅Can Go Long in this stock by placing a stop loss below 1020-.
✅ breakout this can give risk:reward upto 1:4+
Channel pattern breakdown in MGLMGL
Key highlights: 💡⚡
📊On 1h Time Frame Stock Showing Breakdown of channel Pattern .
📊 Strong bearish Candlestick Form on this timeframe.
📊It can give movement up to the Breakdown target of below 805-.
📊Can Go Long in this stock by placing a stop loss above 872+.
📊 breakdown this can give risk:reward upto 1:7+
whirlpoolAlways follow Risk and Position Management❇️❇️
Expect 10-15% for swing Trading
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Happy trading
MphasisAlways follow Risk and Position Management❇️❇️
Expect 10-15% for swing Trading
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading
Tech_mAlways follow Risk and Position Management❇️❇️
Expect 10-15% for swing Trading
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading
GujaratgasAlways follow Risk and Position Management❇️❇️
Expect 10-15% for swing Trading
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading
SrtransfinAlways follow Risk and Position Management❇️❇️
Expect 10-15% for swing Trading
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading
OberoirltyAlways follow Risk and Position Management❇️❇️
Expect 10-15% for swing Trading
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading
M_mfinAlways follow Risk and Position Management❇️❇️
Expect 10-15% for swing Trading
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading
