Reliance is forming a rectangle on hourly timeframe after breaking the steep trendline. uptrend over?
Refer 1 Minute chart for Better understanding. Market was very Bullish , after the price took Resistance, it retraced back to 61% FIB level. Accumulated, for a bit and Broke out.(13:00 Hrs Candle). We won't take a position here, as we want a retest or a small consolidation breakout.(In this case it was a consolidation Breakout) It gives us a better confirmation...
Swaraj Engine Cmp 1354 dated 1-4-2022 Rectangle Pattern on chart. Buy above 1365 for a tgt of 1415-1480-1525-1585 SL 1275 t is just a view, pls trade at your own risk.
Around 7 months consolidation. Price getting tight. Low cheat entry above 1420.
Around 6 months of consolidation. Now trading in a tight range. Ready for a breakout above 540.
Analysis on the chart. DISC: For educational purposes only.
This channel is about sharing my views about the Indian stock market. I am not SEBI registered. This channel is only for educational purposes. Before taking a trade takes a suggestion with your Financial Advisor (or) Trade at your own risk. I am not holding any position. Rectangle pattern break out in Deltacop We can Expect 375/-
COFORGE in consolidation zone... might give large move after breakout or breakdown...
Steel stocks are on fire along with other commodity related stocks Will the break out sustain
As we see RECTANGLE breakout in DELTA CORP. we can go long by keeping our stoploss below 300.
TITAN has given a breakout of the rectangular Darvas Box after consolidation since October 2021. Look to buy on any re-test of the breakout around 2680 levels.
Titan has formed a bullish rectangle pattern by breaking the resistance line with volume. Do your own analysis before taking any trade
NSE:TALBROAUTO long - cmp sl - below 430 target - 650
Breakout with volume. Weekly volume is already above average. Expecting 1000+ Not sebi registered. Only for educational purpose. Take position according to your risk-reward.
As we see ADANI ENTERPRISES is in consolidation . We can enter either side after breaking consolidation.
The stock is in continuously uptrend and given multiple breakout, recently corrected and retrenchment golden level. The bullish engulfing candle created from support & fib level and partial confirmed from volume surge. Idea : Go long above mentioned level in week chart with stop loss at support level and target of 30%. Short only if support...
Cipla Cmp 982 dated 9.3.2022 1. Rectangle Pattern on chart. 2. BO above 997 Buy above 997 for a tgt of 1125 SL 955 It is just a view, pls trade at your own risk.