EID PARRY LTD1️⃣continuous repetition of the same pattern indicated by 1st ,2nd and 3rd step
2️⃣ With the goverment focus on sugar sector for ethanol blending , given chart could repeat the history with probably 4th step🤞
Rectangle
Tata Consumer Cmp 833 dated 17.8.2021Tata Consumer Cmp 833 dated 17.8.2021
1. REctangle Pattern BO @ 830.
Buy for a tgt of 935 SL 785
It is just a view, pls trade at your own risk.
LTI RANGE BREAKOUT DONE. SWING TRADE OPPORTUNITY.Price Consolidated almost 6-7month long time in a Rectangular Pattern Range..
Nice Breakout done of the range with Volume Support.
SWING TRADE OPPORTUNITY
BUY @ 4700 FOR TGT 5200-5700+ WITH STRICT SL @ 4200
ABCAPITAL NICE MOMENTUM BUILDING UP WITH HUGE VOLUME TOO.Price Consolidated long time, Now Momentum building up with huge volume support too.
All the important levels mentioned on the chart
SWING TRADE OPPORTUNITY
BUY AROUND 120 WITH STRICT SL 110 FOR TGT - 130, 140, 150, 160+
reliance : breakout candidate ( rectangle / triangle )reliance : 2108
highlights:
trade setup :
1. buy above 2133
2. keep stop loss as 2082 on closing basis
3. targets 2153/2207/2245/2280+++
technical buy based on :
1. rectangle
2. triangle
3. breakout concept
note :
stock trading in consolidation phase in a rectangle inside triangle pattern .
good base formation seen for a breakout above 2133 price levels.
higher lows / lowers highs candles are good indicators in a triangle pattern.
recent results are also good (Q ON Q) .
volume is dry in consolidation / correction.
cholafin range bound,can expect 585 now currently at support and can see formation of doji
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
l & T might turnaround this one also range bound L & T has already corrected we see an doji forming at support which indicates from here on it may be +ve
can buy at current price and sell at resistance
and further i am expecting infra sector to perform well so as i know good infra company is l & t
range bound stocks are good for swing trades or short term trades must use daily + 15 min time frame combined
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
hcl tech range bound good to buy at 900-925hcl tech is moving in side ways good to accumulate and we can expect recatangular break out in the long run
900 and below is best price for hcl tech its like fair price
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
Bata Cmp 1676 dated 9.8.2021Bata Cmp 1676 dated 9.8.2021
1. Trendline Resistance @ 1695.
2. Rectangle BO @ 1695
Buy above 1680 for a tgt of 1730-1760-1800-1840
SL 1635
It is just a view, pls trade at your own risk.
Just Dial Cmp 973 dated 9.8.2021Just Dial Cmp 973 dated 9.8.2021
1. Rectangle BO @ 985
Buy above 985 for a tgt of 1025-1050-1070 SL 945
It is just a view, pls trade at your own risk.
symmetrical triangle breakout trade!waterbase : 124
trade setup:
1. buy above 128
2. keep stop loss as 111 on closing basis
3. targets 145/164+
key technical highlights :
1. symmetrical triangle
2. rectangle
3. breakout concept .
note :
stock price trading in compression zone .
any time breakout expected .
dry volume during price correction / consolidation .
& good volume seen in previous bullish patterns
GREENLAM NICE BREAKOUT HAPPENING WITH HUGE VOLUME. SWING TRADEAs u see on chart nice and clean price action going on in this stock. Resistance turning as support.
keep eye on this as nice breakout happening with a huge volume
SWING TRADE OPPORTUNITY
BUY ABAOVE 1450+ FOR TGT - 1650+ WITH STRICT SL 1330
Swing trade∘ Bank sector moves Improving to Leading ( RRG )
∘ Strong Resistance over here multiple times taking Rejection
Note : Always be extra cautious with breakout trade with confirmation .
Ready to move after good result and great chart setup. BO above all the working zone done. Retesting is also completed. Waiting to move now.
HDFCLIFE TRADING IN A RANGE FROM JAN 2021. CAN IT BREAK ?????HDFCLIFE trading in range price range of 657 to 746 from January 2021. It has completed 7 months of consolidation on daily chart.
The range may break once price touches 200 EMA after 6-8 months of consolidation as per my price behavior analysis.
ITC TRADE SET UPITC the heavy weight and is underperforming and now after taking support n times at 200/205 base zones and now above 208 resistance , it is trying to give signs of upmove greater than equal to 230++
and as results are done , chances are higher that ove shall suatin and stock shall participate in index upmove or atleast support the index going forward
Trade with good breakout concept !jswsteel : 763.25
trade set up :
1. buy above 766
2. keep stop loss as 735 on closing basis
3. targets expected 860+
technical buy set up :
1. rectangle
2. double top breakout
3. volume
note : good bullish structure with stock price
& consolidating before breakout .
with technical there is additional good results (Q on Q)
time frame one month.
VSSL looking good Positionally1. Stock in Continous uptrend.
2. Relative Strength Strong & increasing.
3. Stock crossed All Time High (2017) of 195.15 and was consolidating after multi-year Breakout.
4. Spread chart Breaking out.
5. Accumulative positive volume activity during consolidation.
6. Good Q1 numbers.
7. Stock is up today when most of the Nifty & Mid-cap stocks are in Red.
AVADH SUGAR - RectangleRectangle forming on 2H Chart of AVADH SUGAR . BUY CMP/519.10 -> 531, 547, 565 Support - 490, 485, 475, 466. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
rectangle pattern trade setup !!!hcltech : 1005
trade set up :
1. buy up to 984
2. keeping 959 as stop loss on closing basis
3. target expected : 1045 ( breakout again above this price ) / 1202+
technical set up :
1. rectangle
2. breakout retest
3. volume
4. multiple time frame analysis
5. support and resistance
