WEDGE AND TRIANGLE PATTERN COMBO !GEPIL ; As you all can see this stock has formed wedge sort of a pattern earlier. After giving a clear breakout+retest structure it is now forming symmetrical triangle sort of pattern. Trend is now uptrend so breakout at upside maybe possible here. Don't be in a hurry to enter the stock, wait for proper breakout / breakdown of the triangle pattern.
Retest
NIFTY - Ascending Triangle Breakout ?Overall Nifty is in a Rising Wedge.
The way it is shaping up after a cup breakout and now 3 VCP in an ascending triangle, it seems the short term correction will be over soon, unless something drastic happens and the ascending triangle is breached on the downside.
MACD also looks bullish for now.
ZEEL double bottom strategyZee Entertain Ent NSE:ZEEL
Formed double bottom on 4h candle chart and above 50 EMA
Looks good for few quick bucks
Entry : 217.1
Target : 227.6
SL : 209.65
AVANTI FEEDS BO FROM CONSOLIDATIONSELF EXPLANATORY CHART
NOT A RECOMMENDATION TO BUY. DO YOUR OWN ANALYSIS.
SHARE YOUR COMMENTS.
ZENSARTECH Inverted H&S Breakout and Retest Complete1. Made an All Time High in 2018, stock fell from there
2. Formed an Inverted Head and Shoulder (IHNS) pattern over a period of 2 years on a Weekly chart
3. Breakout from pattern with high volumes
4. Pattern's Neckline at 257 has been retested over a couple of weeks with decreased volumes
5. Stock rising again after restesting breakout level
6. Huge delivery of stocks with respect to traded quantity - 77% according to NSE website meaning long term prospects by institutions
Buy : 300 - 310
Strict SL : 275
Wide SL : 255 (Below IHNS Neckline)
Immediate Target: 350 (All Time High)
Final Target: 440 (Equal to the depth of INHS Pattern)
Time Period: Mid Term to Long Term
ADVANCED ENZYMES - Retest Done ! Short term Ascending triangle breakout and retest done (divergence confirmation) of the Inverted Head and Shoulder pattern.
Short term target is the breakout level of the Cup and Handle.
Above breakout level we would see higher targets in the long run.
Long on natural gasNatural gas has more huge resistance and breakout and gave triangel retest. There is chances of higher risk reward trade.
DeltaCorp Daily Pennant BreakoutDeltaCorp Pennant breakout.
Target - 210, if breakout sustains but needs to clear resistance at 200 first.
Could retest first and then go higher.
Follow for more.
BEPL: READY FOR A BREAKOUT AFTER RETEST
NSE:BEPL
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
GAIL | Trendline breakout and retest - Looks good for 30%GAIL | Trendline breakout and retest - Looks good for 30%
CMP : 153 (Dip : 145)
SL : 140
Target : 195
1:6+ risk reward setup
(Weekly time frame)
IGL RANGE BOUND BREAKOUTEXPECTING MOVE UPSIDE COZ IT HAS BEEN CONSOLIDATED FOR LONG TIME and retested the trendline
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
NBBC: RETESTING BREAKOUT ZONE
NSE:NBCC
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
RKFORGE: NEAR BREAKOUT
NSE:RKFORGE
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
Buy Deepak NitriteBuy Deepak Nitrite Stoploss 1765 Target 1845
Double Bottom Pattern Breakout and Retest
Buy jppower, trend break and retestBuy opportunity in jppower now
Buy: now
Target1: 10
Target2: 50-100(for long term)
If you like the post
Hit the like 👍 button
Follow the page
For any feed bay comment below
For education purpose only. Iam not a sebi registerd expert. Trade at your own risk. Feel free to text & share your views.
Cup And Handle Pattern: Advani HotelPrice has formed Cup and Handle Pattern in 1hr time frame. Breakout is seen with the help of a huge volume and retest is seen on the handle pattern. Retest is made with bullish candle 'Hammer' pattern. Price action suggest bullish momentum for this stock.
3M INDIA, Retracement and bouce back of 38% ? After Break Out It gave an up move of 30% which we booked easily and also have shared here just before the BREAKOUT,
now the price has again come for the Re-test of that same trend line, it has high chances of moving up more than 32%.
Entry : 22550
STOP LOSS :21400 (5%)
PROFIT : 31220 (38)
If any doubt feel free to reach.
Thank you.
Apollo Hospital from 27 June 2021 The stock might give a great rally upside with target of 3650 with stop loss 3100
Drink Tea From This CUP !!!Bajaj Auto , one of the auto giants has been forming cup and handle pattern for past 140+ days, if it gives breakout it can give a good up move after the retest.
Note :- Wait for breakout to happen.
Some quick fundamentals on this stock :-
Return on Capital Employed (%) = 22.96 ( great )
Return on Networth / Equity (%) = 18.7 ( great )
Total Debt/Equity = 0 ( great )
Current Ratio = 2.51 ( great )
*This analysis was done by me only for educational purpose , feel free the share your views/feedback.*
Gujarat Ambuja Exports LtdA pattern which I like . Breakout and Retest done.
It is a weekly chart and my targets are open till the trend bends.
Long term Hold.
Short Balkrishna IndustriesShort Balkrishna Industries Near 2260-2270 Stoploss 2325 Target 2110
Trendline Breakdown and Retest Structure
