Nifty 50 LongNifty 50 chya kadachit retracement / retest / pullback hotil aashya levels.
Swatahacha Analysis Uttam Analysis.
Retest
Buy Ajanta PharmaBuy Ajanta Pharma Stoploss 2160
Study: Ascending Triangle Breakout and Retest Structure
Maruti Suzuki is at an important level to go up or down …. Maruti Suzuki is at an important level to go up or down ….
Reasons/Traits :
• Bullish Cypher harmonic pattern can be seen completed and trend reversed (after this pattern, usually trend will be up)
• Currently at 6781 … retest level to go up or down
• 5 EMA is crossing 20 EMA from bottom
• ADX is indicating strong trend
What can happen next :
Scenario 1 : If retest of 6781 is successful then price can go up to 7320/7650 to complete retracement
Scenario 2 : If retest is a failure then price can dip to 6590/6360 levels
6800 is an important level, let’s see..
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
BREAKOUT AND RETEST DONE OF RESISTANCE LINE !Jindal steel gave a decent breakout from its resistance line and retest is also kind of completed. There is a good chance that stock with touch its previous swing highs.
Some people will call it a falling wedge or falling channel or falling flag etc. But main concept here is that its a breakout of resistance trend line. Keep it simple and powerful.
This analysis was done by me just for understanding the resistance line breakout concept, this is not a stock tip, Feel free to share your views.
Zensartech - Pullback to the breakout level. RetestZensartech had given a breakout. The stock retraced to the breakout level. Today the stock given reversal signal at the breakout level.
RAMA PHOSPHATES LTDAdd the stock to your watchlist, wait for a retest if planning to enter the stock.
ICIL: Breakout & Retest doneNSE:ICIL
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
PEL - Breakout TradePEL was trading within a range. Today the stock has given a breakout out of the consolidation range. Can retest the breakout level
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON HATSUN AGRO PRODUCT.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
TIMKEN - Breakout and RetestStock has broken out earlier and this is second retest of the breakout level. Strong closing here can be a good sign.
Multi Retest - COL-PALThe stock has retested the breakout on three occasions. The third retest seems strong as also took the trendline support. Supply seems to be absorbed and stock seems ready for a swing.
I always try and post my stock analysis which offer good R:R. This is one of them. The resistance zone marked can be kept as a SL for gains upto previous swing.
Morning star formation at the retest levelsIndusind bank is behaving no different than the other performers in banking. There is a morning star formation at the retest levels of the breakout that happened a few days ago.
I categorize this candlestick as a buy setup and this can give 10% in the coming days. SL should be at 1087 with a target of 1240-1250. This is a good RR setup of 3.5
Kindly note that this is not a recommendation and only for educational purposes. Consult your financial advisor before investing.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON ASTRAL.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
Grindwell Norton - Breakout and retest setupGrindwell Norton had given a breakout. Today it has retested the breakout level. Low risk high reward entry
Metropolis - Pullback low risk setupThe stock has been consolidating for some time. Today it tested its previous breakout level and has shown some strength. Can be used for low risk entry with higher reward
NHPC - Breakout and retest stockNHPC had given a breakout recently. Today the stock has fallen around the breakout level. But the testing volume is very low thus can be a good low risk buy entry
buy Ashok Leyland Buy Ashok Leyland near 123-124 Stoploss 118 Target 135-140
Triangle Breakout and Retest Structure
DELTACORP | Big breakout and retesting silently - 55% potentialDELTACORP | Big breakout and retesting silently - 55% potential - Similar to TATACOFFEE pattern we have been holding
CMP : 142
SL : 125
Target : 220, 275
Simple 1:6+ risk reward setup (First target)
Coal India on Daily TimeframeCoal India breakouts the resistance zone and taking a retest, the stock tried to breakout this zone on Feb 21' and June 21' but fails and also we saw huge volume in the past days.
Gujarat Alkalies Bullish (breakout and Retest)Gujarat Alkalies & Chemical
Can give a good upside .
In a good uptrend.
Breakout and Retest.(Good Volumes)
I would appreciate your thoughts on it.
PS. - I am not SEBI registered. This is for analysis and educational purpose only.
