Rectanglepatterns
Biocon - Breakout of Rectangle PatternBuy Level = 400-405
Stop Loss Level = 395-398
Target 1 = 425
Target 2 = 450
It can fill the gap but please book 50-60% profit at Target 1.
Please comment and let me know if you have any other ideas or observations or queries. Please feel free to reach out to me on Trading View.
Bandhan bank 1WAt support. Buy Bandhan Bank for target of 480.
Not: This is for educational purposes only. Ask your investment advisor for investing.
AMBUJACEM IS IN CONSOLIDATION MODE, LETS WAIT FOR BREAK OUT.AMBUJACEM IS IN CONSOLIDATION MODE, LETS WAIT FOR BREAK OUT. IF DAILY RSI TURNS FROM 40 THEN WE CAN THINK FOR LONG.
THERMAX (Rectangle Breakout Possibility) ONLY Above 796
Target 1 = 832 4.5%
Target 2 = 873 9.6%
SL = 775 2.5%
In the absence of breakout wait for entry near the base of rectangle
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
Ab Capital: Power of Patterns and Volume confirmation.(1) Upper Parallel Channel in Daily Chart,
(2) Cup n Handle Pattern in Daily Chart,
(3) Volume in Accumulation Phase.
(4) Volume as above average.
(5) Point of Control(P.O.C) : 55.25 as in Volume Profile.
(6) Rectangle Pattern in Daily Chart
Long opportunity:
Buy above Clear all Breakouts i.e. 62.50 :
Target : 87.25
Stop Loss : 50 (Day Close Base)
Risk is yours and Reward is too yours.
NSE:ABCAPITAL
Nicely formed Channel > possible Trade !Bank Nifty has formed a beautiful channel which offers a short trade at current level as it has touched the upper boundary and traded above it but closed below and the red candle have confirmed it. So One can short it at the current level with SL of recent High. It offers a good Risk to Reward Ratio.
Entry 20800
SL 22150
Target 17200
Risk/Reward Ratio 2.70
However it works as a trap for small trader and SL triggers one can reverse the position to buy for the target mentioned in the chart.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
!!CANARA BANK ON THE WATCH!!TECHNO WATCH
CANARA BANK IS LOOKING GOOD FOR A POSITIONAL TRADE AS RSI HAS REVERSED FROM OVERSOLD ZONES WITH STRONG FORCE AND MACD IS ON THE VERGE OF A POSITIVE CROSSOVER
RESISTANCE IS NEAR 210-214 WERE ONCE TAKEN OUT WILL LEAD TO RE-ENTRY INTO THE CONSOLIDATION ZONE OF 213-293 SO GOOD POTENTIAL RETURNS AHEAD
!!WATCH OUT!!
!!FOR TRADE CALL!!
!!PLEASE NOTE TRADE WITH CAUTION AND AT YOUR OWN RISK PROFILE!!
!!PLEASE DON'T OVER TRADE!!
!!LIVE TO FIGHT ANOTHER DAY!!
!!HAPPY TRADING!!
Tata Motors- Long on success of Channel BreakoutTata Motors is following a disciplined rectangular channel for long time. An upside breakout has been seen in recent and another one is expected soon.
Long when channel breakout happens successfully.
Manappuram for longsWell i see a Bullish rectangle for short term.
I would buy around 124 for target of 128..resistance expected around 126.50 levels...but once it crosses we may see 130 levels as well
FEDERAL BANK NEXT MOVE WATCHING...FEDERALBNK MOVE RECTANGLE BEARISH PATTERN POSSIBLE MOVE IN DOWNWARD KEEP WATCHING...
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
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