Rectangle
CDSL - Ready for a breakout!!Time frame - Daily
The stock made a high of 1583 on 12/07/2021 and since then, it has tried to break the level multiple times but failed to do so. While there has been a clear expansion of volume when the stock tried to move up, the stock has also witnessed lower volume during its downtrend. As the broader market has started to recover, I am biased towards making a long position with the below-mentioned levels as my targets and SL
Any long position to be made only after breakout above the level of 1583. I will be investing only 25-30% of my intended capital upon breakout and will wait for a pullback (and confirmation) to invest the remaining capital
T1 - 1980
T2 - 2130
SL - 1300
Disclaimer - The above idea is just for educational purposes, I am not certified to give any buy/sell call.
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💎 BTCUSDT: Ready For Next Legup Towards 50k💣💣💣💣Hello Traders,
as u can see btc successfully made healthy correction towards 0.5% fib ratio area which is 48800$. looks like a retracement has been done of recent rally. btc must go up frm here if there is further drop possibility then it will test 0.618 fib ratio which is at 41587$. after daily strong confirmation we can build long position frm here and target is 50k.
Great alts ideas are in pipeline .. like share and follow me
SWSOLAR - Swing trade opportunityTime frame - Daily
With the broader market going down during the months of Feb & Mar'22, the stock too made a dive from its 52 weeks high to a level of 290-95 where after a brief consolidation, the stock has again given a breakout of the consolidation range. The stock retested the range and has given confirmation as well with a good amount of volume. The stock is looking good for taking a long position with the below levels to be kept in mind
CMP = 367.35
T1 = 425
T2 = 475
SL = 315
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💎 ALPHAUSDT : 266% Profit Potential in Next 4 Months💣💣💣💣last 2-3 weeks we seen huge buying in ALPHA coin, in upcoming months its going pump very hard.
entry and targets are given on the chart. Please Like and comment if there are any queries.
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Tata Power Cmp 290 dated 6-4-2022 Positional Tata Power Cmp 290 dated 6-4-2022
1. Flag Pattern on chart BO 271
2. Rectangle BO @ 271
3. Volume Surge
4. RSI BO
Buy for a tgt of 340-365-425 SL 255
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.
TRENT-->BULLISH RECTANGLE BREAKOUTNSE:TRENT
TECHNICAL ANALYSIS
--> TRENT had made a impulsive upmove earlier and was consolidating in a BULLISH RECTANGLE since 6 months.
--> TRENT has given a breakout from a BULLISH RECTANGLE Pattern at 1225.
--> TRENT consolidated again in a smaller BULLISH RECTANGLE and has given a breakout above 1315.
ENTRY
--> Take a postion when stock gives 1 HR closing above 1320
STOPLOSS
--> SL can be placed below the Breakout Candle which is 1285
TARGET
--> Target will be the height of bigger BULLISH RECTANGLE around 1398.
Banknifty view for 06/04/22.Bank nifty on a smaller time frame looks bearish and has closed below narrow range.
Market on the whole is bullish on daily time frame and can retrace to cover the gap create.
Support :- 37800, 37345
Resistance:- 38352, 38700. 39000
Wait for the price action near the levels before entering any trade.
BANKNIFTY- Breakout TradeRefer 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 of where the price is heading.
Without a retest we get trapped most of the times.
At 14:15 Hrs , the price broke consolidation with an impulse move.(14:28 Hrs )
Here we can take position with StopLoss being placed @ the low of breakout candle.
Target was set near Day's high.
Long on DeltacopThis 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/-






















