punjab national bankPNB:- buy at 27/28 for target 37/40 sl 23 dcb
#Disclaimer:-I just shared view for only educational purpose.
Retest
SUN TV (Positional Trade) | RR 1:4+ | Type:- Retest
Reasons To Trade 🤔 :- 1st Retest After Breakout, At Support Zone, At 200DMA, Clear Setup.
Entry Zone :- 415 - 420
Stop Loss :- 395
Targets :- 500 & 511
(Risk Must Be Managed.)
Keep Your Eyes On Index
😜Follow For More ✔
Give Me A Thumbs Up...👍
--Any Suggestions--
INDUSIND - Skipped a beat at long retestChart says it all. Its giving a breakout again after a long retest.
4 days - 3 breakouts - 1200 points !! WOW !!As discussed earlier price moved super bullish and breaks the previous highs. Before moving up it gives clear signal each time.
If someone followed my charts would have ended up with decent profits, don't worry if you have missed it we have opportunities waiting. Get ready !!
Reached resistance levels - will break !! As discussed after breaking the pattern price reached the top and today it is rejecting from the resistance. After a small retest expect the price to reach ATH levels.
DRREDDY | Small breakout opportunityDRREDDY | Small breakout opportunity
CMP : 5170
SL : 5070
Target : 5450
1:3+ risk reward setup
PAIR : EUR/USD LOOKING FOR RETEST IN CHANNEL PAIR : EUR/USD LOOKING FOR RETEST IN CHANNEL
HERE CLEARLY CUT FROM THE CHANNEL SO WE WAIT FOR WEAKLY CANCLE CLOSE CONFIRMATION
IN 1 HOUR CHART ITS LOOKS GOOD IN RETEST SO WE NEED TO CONFIRM ON WEAKLY CANDLE CLOSE WAIT FOR CONFIRMATION (WEAKLY)
Adani is ready to fight ambani.It did a breakout and now retested the trend line. Looking for a big move.
ICRAA perfect stock in this falling market where everyone is worried about their investments and portfolios turning red.
Lets understand the points:-
1) A beautiful price action where it broke out came down and then consolidated for a while and now ready to pickup the pace.
2) Price broke the resistance and as we all know previous resistance turns into support and in this chart also it is reflecting the same.
3) Break and retest is one of the most common phenomenon now a days reflecting it beautifully.
4) Consolidation at support level. Made a zone where people gathered all the quantity.
I hope all the points will help us understand how this trade can be a beautiful trade.
Fingers crossed Keep an eye folks. Happy Trading Cheers.
Disclaimer: I am not SEBI registered. Please trade with your own risk and trade carefully.
IEX BREAKOUT and RETEST (after a long consolidation)IEX has been consolidating since Jun 20 in narrow range and gave breakout 14 Sep 20 and retested its breakout level in previous day session. Formation of a good bullish candle here will make a good buy for swing / Long term. You can see inverted Head and shoulder pattern as well.
AUROPHARMA | Convincing wedge breakout with volume and retestedAUROPHARMA | Convincing wedge breakout with volume and retested
CMP : 818
SL : 805
Target : 885, 950
IOC - Intraday trade for 7th of SeptemberIOC is testing lowe levels of its daily time frame keep an eye on the following levels:-
.
83.55 - below which is the Selling Zone (immediate selling might happen)
if fall
Target 1 : 82.40
.
84.65 - above is the buying zone wait till it closes above it
if rise
Target 1 : 85.65
.
testing levels:- Might test levels of 85.65 which is a resistance zone in the daily chart, and fall again.
.
Max profit to be booked: 2% change in either direction.
Granuels- A Chart with Multiple IndicationsThis chart reflects various aspects of technical analysis. Let's understand them
1. Price action perfectly shaping up for a move (Pink line reflecting behavior of price).
2. Price taking support at previous breakout levels(Resistance acting as support for the stock).
3. Price making a flag pattern too. (Draw a trendline below the already drawn one.) A trend Continuation Pattern which provides a lot of confidence to all the trend traders.
4. Volume picking up the pace as the price is trying to move up (What do u think who is making all these positions?).
5. A hammer with big tail/wyck reflecting strong interest of buyers which pushed it back up.
What else do we need before entering a trade?
Hope it will help you understand.....
Cheers and Happy Trading.
Disclaimer: I am not SEBI registered. Please trade with caution and manage your risk. Consult your financial advisor before entering into any trade.
Simple technical view of bank nifty(spot) Bank Nifty(spot) exactly faced resistance at 25232 where 200 day MA and gap resistance area is present, it recently broke the wedge pattern on the upside and mostly just coming back to retest , watchout for 23900 levels where 50% fib retracement level lies , if sustained further upmove is possible.
Personal view: Bullish as long as 23900 levels hold.
Disclaimer: These are just my personal observations , Please do your own research or consult an advisor before doing any investment or trading.
P.S: Constructive criticism is appreciated.
Larsen: Huge Accumulation in progressLarsen price havent moved significantly in past few weeks.
Any slight upmove followed by retest levels where it retrace near Fibonacci levels. ( Approx 38.2% in most occurrences)
Any significant volume upsurge is invisible and evenly distributed across weeks.
Heavy resistance near 1000-1020 levels.
If price crosses these levels with good volume, the result will be a breakout & rally till 1100 levels.
Long: Best SetupThe Call is based on Inverse head and shoulder, Trendline Breakout and Supply Zone breakout and retest. It is also Trading in parallel channel.
Best Setup
Entry between 445-460
Target 480/510
Stop Loss 437
Disclaimer: The recommendations are based on technical analysis and subject to market conditions. Please trade at your own risks. The author is not responsible for any loss.
Long: Triangle Breakout and RetestPositional Buy:
Entry 540-550
SL 535
Target 590-600
Disclaimer: The recommendations are based on technical analysis and subject to market conditions. Please trade at your own risks. The author is not responsible for any loss.
ICICI pru ready for bullYesterday did the breakout retest...earlier resistance acting as support...keep it on radar for above 455 with 1% SL for intra can show 460/465
India bulls hsgdid breakout retest....presently taken support on previous resistance which acting as a support...on shorter time frame showing positive RSI diversion sustaining todays high can give some bounce....but stock is highly volatile so i will avoid any entry only watching how TA goes....
A proper Break out Just occurred.Wait for the retest and get into the trade and it has more than 70% chance to go on our favour!
