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Rectangle

17 Years Multiyear Rectangle Consolidation Breakout at RCF 17 Years #Multiyear Rectangle Consolidation #Breakout at #RCF (Rashtriya Chemicals & Fertilizers Ltd) Weekly Chart. Its #Outperformed #Nifty What Is a Rectangle? A rectangle is a pattern that occurs on price charts. A rectangle is formed when the price reaches the same horizontal support and resistance levels multiple times. The price is confined to moving between the two horizontal levels, creating a rectangle. The concept of a rectangle is similar to a Darvas Box. KEY TAKEAWAYS - 1. A rectangle occurs when the price is moving between horizontal support and resistance levels. 2. The pattern indicates there is no trend, as the price moves up and down between support and resistance. 3. The rectangle ends when there is a breakout, and the price moves out of the rectangle. Some traders like to trade the rectangles, buying near the bottom and selling or shorting near the top, while others prefer to wait for breakouts. ONLY FOR #educational NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF) #nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
NSE:RCFLong
by Usemerr
6.9 Years Multiyear Rectangle Consolidation Breakout at JTEKT6.9 Years #Multiyear Rectangle Consolidation #Breakout at #JTEKTINDIA (JTEKT India Ltd) Weekly Chart. Its #Outperformed #Nifty. What Is a Rectangle? A rectangle is a pattern that occurs on price charts. A rectangle is formed when the price reaches the same horizontal support and resistance levels multiple times. The price is confined to moving between the two horizontal levels, creating a rectangle. The concept of a rectangle is similar to a Darvas Box. KEY TAKEAWAYS - 1. A rectangle occurs when the price is moving between horizontal support and resistance levels. 2. The pattern indicates there is no trend, as the price moves up and down between support and resistance. 3. The rectangle ends when there is a breakout, and the price moves out of the rectangle. Some traders like to trade the rectangles, buying near the bottom and selling or shorting near the top, while others prefer to wait for breakouts. ONLY FOR #educational NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF) #nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
NSE:JTEKTINDIALong
by Usemerr
2
8 Years Multiyear Rectangle Consolidation Breakout at ACCELY8 Years #Multiyear #Rectangle Consolidation #Breakout at #ACCELYA (Accelya Solutions India Ltd) Weekly Chart. Its #Outperformed #Nifty. BSE: 532268 / NSE : ACCELYA What Is a Rectangle? A rectangle is a pattern that occurs on price charts. A rectangle is formed when the price reaches the same horizontal support and resistance levels multiple times. The price is confined to moving between the two horizontal levels, creating a rectangle. The concept of a rectangle is similar to a Darvas Box. KEY TAKEAWAYS - 1. A rectangle occurs when the price is moving between horizontal support and resistance levels. 2. The pattern indicates there is no trend, as the price moves up and down between support and resistance. 3. The rectangle ends when there is a breakout, and the price moves out of the rectangle. Some traders like to trade the rectangles, buying near the bottom and selling or shorting near the top, while others prefer to wait for breakouts. ONLY FOR #educational NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF) #nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
NSE:ACCELYALong
by Usemerr
HP Adhesive Cmp 408 dated 11-11-2022 FUNDAMENTAL & TECHNICALVIEWHP Adhesive Cmp 408 dated 11-11-2022 Analysis based on FUNDAMENTALS & TECHNICALS 1. Rectangle Consolidation 2. RSI already done BO 3. VOLUME BO Buy @ CMP for target 420-435-450-460-475 SL 380 Fundamental Points : 1. Company has reduced debt. 2. Promoters Holding 71 % 3. FII's 4 % (75 % in strong hands) 4. Growth in Net profit with increase in Margin Profit. Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, pls trade at your own risk.
NSE:HPALLong
by SHEETAL_UDESHI
Banknifty view for 10 Nov ExpiryNSE:BANKNIFTY is Trading in a narrow price range from date 24 nov to 4 nov. 41,500 is crucial level for banknifty. Its a strong resistance or supply zone. Banknifty is trying to break this resistance. On Nov 1 it succeed to break resistance but not able to sustain. Also this level is tested for multiple times. On the other hand, 40850 is strong support. 2 times banknifty took support from that level and gone upside. Banknifty is curretly neither in Up trend nor in Down trend. Its just moving in between 41500 - 40850. we can say sideways. On longer time frame like daily or weekly we can clearly see an up trend. So if we get banknifty around 40850 and gives us a bullish confirmation we will think for Long (Bullish view) for target of 41100,41300 & 41500. If Banknifty breaks 41500 level and sustain above that we will surely go for Long (Bullish view) for target of 41700, 41800 & 42000. In worst case banknifty will break its support level 40850 and sustains below we can go for short(Bearish view) for target of 40600, 40500,40300. If we think logically, most of the major banks NSE:SBIN , NSE:AXISBANK , NSE:HDFCBANK , NSE:ICICIBANK having good quarterly earning report. FII have started buying recent. So we can expect a bullish move for upcoming days. But, we are close to all time high. Disclaimer : I am not SEBI registered analyst. Do your own analysis before taking trade. I am not responsible for your profit or loss.
NSE:BANKNIFTY
by AmeyKajarekar
1
Cummins India Cmp 1293 dated 30-10-2022 RECTANGLE BOCummins India Cmp 1293 dated 30-10-2022 1. Rectangle Pattern Bo @ 1290 2. Price Rise with Volume Rise Buy @ Cmp for target 1350-1415 SL 1250 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, pls trade at your own risk.
NSE:CUMMINSINDLong
by SHEETAL_UDESHI
2
LANCER CONTAINER CMP 323 DATED 30-9-2022 Price+Volume+LANCER CONTAINER CMP 323 DATED 30-9-2022 1. Price rise with Volumes. 2. Double top BO above 330 Buy above 330 for a target 375-405 SL 300 PROS Company is expected to give good quarter Company has delivered good profit growth of 74.7% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 34.3% Company's median sales growth is 41.0% of last 10 years. CONS Stock is trading at 13.8 times its book value Promoter holding has decreased over last quarter: -6.71% Company might be capitalizing the interest cost Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, pls trade at your own risk.
LLong
by SHEETAL_UDESHI
1