BSE:TATACHEM Tata chem is formed a double bottom pattern at its major support zone. the entry should be above 828 only with the measured move target expectation in short term. it have good support of daily TF. Happy trading & Keep learning please like and comment if you like our simple analysis.
NSE:BHARATFORG What is trend continuation ? Trend continuation means when we are in uptrend and witness a healthy correction most likely sideways movement in a channel and it breaks the correction sideways zone with big momentum candles then it might be signaling a strong new up trend starting. #so lets see how we can play with trend continuation on a...
I AM NOT SEBI registered advisor please consult financial advisor for your investment. This is only for educational purpose you can also share your thoughts on the comments \\Representation: **Green dotted line--Supportive line **Red dotted line--Resistance line **Black up and down arrow--touches of support and resistance line **cmp:915 In this chart, I can see...
NSE:JINDALSAW gives a high volume parallel channel brekeout. Trade: BUY above 105, SL: 103 T: 108/110 SELL below 100, SL: 103, T: 97/95
Gave a flat base breakout and at its retest point if it sustains above neckline and EMA it is a candidate of good swing opportunity. Keep in Radar.
NSE:CNXINFRA BOX Consolidation of 65 Weeks and LIFETIME HIGH BO with Volume CMP trading above all major Weekly Exponential Moving Avgs RSI in Bullish Zone Tgt: 5900 - 6200 - 6800 SL : 4900 Upside Potential : 30% Time Frame : 3 - 12 Months
NSE:FACT 153 1. Rectangle pattern formation (TF- Feb 2021 to Dec 2022 - 22 Months) & (Range- 85 to 152 Levels) 2. Breakout with some strong volume & Price 3. Support near 140 level (Swing Low) 4. Resistances 175 to 200 (Psychological Resistance) 5. Volume bounce during an uptrend in last 1 month. #TechnicalAnalysiswithMrChartist
Study: 1. Double bottom breakout with good volume in Daily chart 2. Rectangle pattern breakout in 1 hour chart 3. Good support from 200 EMA Targets and SL are shown on the chart
In this chart, I have found a breakout on Apollo Tyre. price faced resistance the market zone on Sep and Nov. Hence, these zones are now to be treated as important support zone. But still it is a simple analysis only and not an recommendation. Please do trading / investing with your own respnsibility. This post is only for educational purpose.
Clean Science Cmp 1524 dated 18-11-2022 BOTTOM CATCH Trading & Investment 1. Reversal from near the Support Line 2. 25 % correction done from recent high, price reversal sign. 3. Volume Rise 4. RSI BO & GOOD RRR Buy @ CMP for target 1560-1625-1695-1740-1790 SL 1475 Fundamental Points : 1. Debt Free Company. 2. Promoters,...
NSE:RADICO is breakout ready because of: Continuous bullish candle formation with increasing volume and thus breaks out the rectangular consolidation zone. A triangle patten formation is clear Volume is very high (actually heighest) RSI is just crossing 70 mark (OB region) Trade : Buy above 1152, SL: 1120, T: 1185 Sell below 1100, SL: 1120, T: 1075
Reason: A 15 days range breakout in 30m chart with very high volume spike. Trade: BUY at 640. SL: 625 T: 655/670.
NSE:JINDALSTEL is in Bullish breakout ready. Overall Steel Shares are showing momemtum. Reasons: Rectangle breakout and sustaining the breakout. Consecutive two days of high volume. RSI based momentum is above 75 and constantly rising. Trade: Buy above 568, SL: 560, T: 572/580 Sell below 540, SL: 550, T: 534/525.
NSE:DCBBANK 136 1. Breakout in Rectangle Pattern after 2 Years Consolidation 2. Breakout with strong upside in candlesticks in last 4 days 3. Support near 115.00 level (Swing Low) 4. Resistance levels 170-190 level (recent High) #TechnicalAnalysiswithMrChartist
NSE:KRBL 433 1. Stock at fresh breakout after 5 Years long Range 2. Pole & Flag pattern breakout in Daily Chart 3. Bullish Candlestick with strong volume 4. Next resistance at 560 (Swing High) 5. Support at 377 level (Swing Low or Flag's Low) #TechnicalAnalysiswithMrChartist
NSE:EQUITASBNK shows bullishness because of: A clear rectangular consolidation brakout High volume The daily candle is bullish engulfing with the low touching the bottom of the channel (but still able to pass the mid point, near to top channel) Trade: Buy above 58, SL: 56, T: 65/68 Sell below: 54, SL: 57, T: 51/48
NSE:ALKALI 135 1. Chart Formed long Rounding Bottom pattern with 11 years data 2. Price trading inside the Pole and Flag pattern with is above breakout in RB 3. Breakout above the 145. level in the chart 4. Upcoming levels to watch post breakout near 200-260 5. Support near 100-110 level. #TechnicalAnalysiswithMrChartist
NSE:NACLIND is showing bullishness because of: A 6 months long rounding bottom breakout with very high volume sprout A recent rectangular breakout. High volume buildup in last 3 sessions, the build up is increasing. Trade: Buy above 100, SL: 96, T: 105/107.50