Buy Icici Prudential Life--Investment Idea Weekly Analysis
Buy Icici Prudential Life
Stoploss 390 Weekly Closing Basis
Target 850-920
Study:
Inverse Head & Shoulder Breakout & Retest Structure
Retest
LT FOODS - DAAWAT - Breakout1. Formed 2 Rounding patterns
2. After that stock rallied for 40%.
3. Price retraced to previous breakout zone forming Symmetric triangle.
4. Breakout from triangle pattern
5. Price may retest by retracing to breakout zone ( 68-70) and then resume the rally to Rs.90/-
How to Trade Morning Star Formation - UPL - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Breakout and Retest. Strong VolumesStock had given a breakout and after touching All Time High was correcting. But now at resistance turned support, stock gave a false breakdown and reversed with good volumes. Can be added for a positional bet with low risk and high reward
Chart Analysis of Gravita (8 Dec 2021)Rounding Bottom pattern formed.
Breakout and retest both done.
Next upmove starts.
Target : 360+
SL : 190 WCB
Only for educational purpose.
Simple 1:2.5 available in Indigo. Retest at 200EMAAfter the healthy correction, the script is available at a great price with limited risk. This is a long opportunity.
Kindly note that this is not a recommendation and only for educational purpose. Do your own analysis before investing.
Eicher motor short term for sellTrade based:
Weekly head and shoulder pattern formed and braked.
In day tf support braked and now it was retesting, when once it done we can expect some fall in this script
HITECH - GEAR ( WEEKLY TIME FRAME ANALYSIS)It has shown strength in the weak by forming bullish engulfing at support zone, can bounce back from this level.
Indiabulls housing finance short buyTrade based:
in day tf it was still in up trend. just it follows the pattern. more than a month.
just now, it broken and also retested.
it indicates upcoming days, it will move up to 300
BRITANNIA BREAK-OUT AND RE-TESTBritanniya Break-out and re-test.
Fundamentally Strong company
Technical : channel pattern
Buy ARO GraniteBuy ARO Granite
Buy Zone 67-68 Demand /Retest Zone
Stoploss 60 Closing Basis
Target 80
Example of Support, Resistance and RetestThe chart is self-explanatory. The main benefit of entering into a trade at the time of retesting the resistance area is that our stop loss becomes small at that point. And risk-reward ratio appears good there.
Hope the interpretations will help some of you in your trading approach. As me-too learning from others.
Wish you success.
NTPC long we can go long in NTPC due to following reasons --
Came out of pattern in weekly and daily timeframe .
retest done at both weekly and daily timeframe .
In daiy timeframe about to give breakout of a trendline .
we can go long at that point
Also at daily timeframe took a support at 100EMA .
All the ideas are just for learning purpose. I'm not any call provider or a sebi registred person .
STEL FOR MINIMUM 25%TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
SRTRANSFIN LOOKING GOOD FOR UPSIDE MOVESRTRANSFIN looking good as stock shown good rally and now taking support at all previous all time high
looks good if breaks above trendline
(Stocks showing same structure as Ingresoll rand -- see that idea too for reference )
Breakout trade. Can pullback and retest breakout levelStock has given a strong breakout. The stock can pullback and do a retest of the breakout level and can give a low risk entry
MUTHOOTFIN | Channel breakout and retesting - Looks good for 10%MUTHOOTFIN | Channel breakout and retesting - Looks good for 10%
CMP : 1639
SL : 1560
Target : 1800
1:2+ risk reward setup
Fine Organic - Retest @ ATHEntry : 3550- 3570
Initial Target - ATH - 3800 ( Trail sl this target)
Weakness below 3400
MC DOWELL - RetestEntry : 915-930 ( wait for bullish candle)
Initial Tagret : ATH 1000 (Keep this as Trail SL for targets above 1000)
Jkcement : Parallel Channel BreakoutJK CEMENT
after huge consolidation from july 2021 to november 2021 breakout & retested go long 3643
Parallel Channel Breakout & Retest
Buy Above : 3643
1st Target : 3839
Final Target : 4198
Stop Loss : 3400
HDFC BANK - RETESTING BREAK OUT - BUY on DIPDetails on Chart.
Note : This is for educational Purpose only
TIRUMALCHM - BREAKOUT & RETEST SETUPTirumalchm recently gave a strong breakout in weekly tf of all time high resistance.
And now sustaining near support level , expecting it to give a pull back and can reverse.
Risk Reward ratio is very great.
All the important levels are mentioned in the chart itself.
