Rectangle
COLPAL in a consolidation phase.The stock is consolidating in a rectangular box pattern.
Its trading in a narrow range of 70 point for 22 trading days.
Wait for the daily candle close above or below the box.
Support :- 1550, 1490
Resistance :- 1615, 1660
Watch the price movement near the last hour of trading session.
Price action should be watched for a confirm swing trade.
NIFTY INTRADAY SUPPORT & RESISTANCE LEVELS FOR [27-05-2022]NSE:NIFTY
NIFTY is not moving in aligned with banknifty and any new CE position should only be initiated above 16400 only
16400 is a heavy resistance for nifty unless it break that level nifty will remain in bearish trend only.
Nifty analysis important levels are marked on the chart.
please always trade with stop loss to avoid big drawdown.
"if you "If you would like any more information feel free to DM me"
Happy trading & keep learning
Clear Trade signal of Nifty Sharp Fall expected tomorrow 25-May'Nifty 50 Index is all set to give big Breakdown tomorrow and complete the Big impulse. Support Zone of Put writers on strike price 16200 and 16100 was broken convincingly today. There is visibility of Put writers running for shelter seen at end of trading Day and OI shading of Put writers clearly visible. Call Writers have shifted their base from 16300 strike to 16100 strike and this indicates clear Gap down opening of minimum 100 points. Immediate target of 15671 is visible and if this is broken, there is indication of 15250-15000 levels in coming 1st week of June Month.
NIFTY for upcoming week (23 May,22 to 27 May,22)We all saw highly volatile previous week with massive gaps on either sides. Nifty formed a range with defined boundaries at 16400-15735. A close above 16400 can bring more upside for short term. Though a breakout fail at 16400 can bring in another rally on the downside as well that is towards 15735. Following a breakout above 16400 can accelerate the markets to close the gap until 16682. Again with volatility on rise, keep your position size in check at all times and trade carefully.
I prefer to have a view of bullish only on Breakout above 16400. Or else it will stay bearish to sideways.
Happy Trading :)
Disc: Chart posted only for learning purpose.
Rectangle channel breakdown (trend reversal ) at AxisBankBe Cautious Double #Rectangle #channel #breakdown (trend reversal ) at #AxisBank weekly chart.
#Rectangle #channel
This pattern is formed when there is a tough competition between the bulls and the bears, no body is ready to give up resulting in equal highs and equal lows. That is why this pattern is also known as consolidation zones.
Breakout: It can occur in any direction upside or downside. If the breakout is in upside direction, it indicates that the bulls have taken over bears and indicates a buy signal. However if the breakout is in downside direction it indicates selling pressure or victory of bears over bulls and indicates a sell signal.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #breakdown
Indusind Bankscript was in a long consolidation below 200 EMA. By giving a huge volume breakout from a wide supply zone of 1000( Big round number/psychological level), we can safely say that a momentum can take place on upside in upcoming weeks.
Enter accordingly near 1010-1015
Tgt for 1130/1185
SL of 950
Though with high volatility in markets now-a-days, and where many breakouts failed frequently and miserably. We should control the position size in such breakouts according to current market structure.
Happy Trading :)
Disc: Chart posted only for learning purpose.
M_M Bullish Rectangle Pattern !!NSE:M_M
#NSE:M_M formed Bullish rectangle, Safe players may check post breakout zone,
and experienced/risky players may check support zones for entry points.
All the levels marked for practice only.
Complete April month performance shared for our friends, check out my signature for details.
Happy LEarning !!
"SHORT M&M"According to price action
It can be swing trade. As there is consolidation in stocks, also M&M has it resistances from its all time high .
The resistances zones can be seen in daily time frame .
These target is based on fib retracement and recent supports .
This is for educational purpose trade on your risk.
Best wishes from green turtle trader.
Rectangle ready to fly #timetechnoIts ready to fly. 🚀🚀
Unless whole market turns RED.
Name: Time Technoplast.
Chart: weekly timeframe.
Pattern: Rectangle. Range of 30 points.
Highest volume since listing on weekly.
Disc: not sebi registered. Only for educational purpose.
#stockmarket
#stocks
#swingtrading
#trading
#investing
#VARROC VARROC looking bullish
volumes and chart pattern indicating good sign for further movement.
Consolidation breakout from zone.
Closing above 460 will be confirmation.
Need to hold his highs selling pressure is high in upward levels.
Can reach 510- 530 targets above that next Resistance at 570 .
Keep on radar.
-Gaurav
@Vivek-
@RAKESHBANSAL
@vijaythakkar009
@ExtremeVolume
@TheBreakOut @forextidings @Vivek- @investing @Tredingview