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GEECEE : Swing Trade#geecee #swingtrade #vcpbreakout #cupandhandle #momentumtrade GEECEE Ventures : >> Breakout done, retest happening >> VCP / Cup & Handle breakout >> Good Strength & Decent Volume >> Low Risk & High Reward Trade Swing Traders can lock 10% profit & keep trailling Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:GEECEE
by moneyfesttrading
HDFC Life Insurance - An interesting CaseHere I am presenting an intriguing case involving HDFC Life Insurance stock⚡ On the left-hand side 👈 we have the weekly chart where two distinct zones emerged: a support zone and a resistance zone. An attempt to breach the support zone, occurring around 500, was made; however, this endeavor ultimately lacked follow through 😐 This resulted in a sudden and pronounced upward surge that propelled the stock past the resistance zone, situated around 617 🦾 On the right-hand side 👉 we have the daily chart. You can observe that the breakout of the resistance was not only successful but also promptly retested within a few trading sessions, leading to a resumption of the upward movement 🥂 Nonetheless, the stock encountered difficulties while approaching the 700 zone, culminating in the formation of a rising wedge pattern. It's worth noting that such a pattern is deemed bearish within the context of technical analysis ⚔ Subsequently, the stock experienced a retracement and has since retraced back to approximately the breakout level of 617. This specific level has previously acted as a point of resistance, thereby suggesting a likelihood of role reversal (may act as a support this time). Moreover, a closer examination of the candlestick patterns reveals that they have become narrower in proximity to the support area, indicating a potential waning of selling pressure👍 Furthermore, a falling wedge pattern, characterized as bullish, has also manifested. Should the stock's price successfully breach this wedge pattern to the upside, it may pave the way for an upward movement towards levels around 660, 700, or even 750 🚩 It's important to consider that this perspective would lose its validity should the price fails to escape the confines of the falling wedge pattern or commence trading below 600. Thank you 🙏 for taking the time to read this analysis. If you find it insightful, please express your support 🚀 and anticipate more such ideas in the future 💰 Disclaimer: This is not an investment or trading advice. Please apply your own due diligence before investing your hard-earned money.
NSE:HDFCLIFELong
by Bravetotrade
17
Gail Breakout and retest Level around 113 has been an important resistance zone, (purple shaded area) On 25th july there was a breakout through this level accompanied with higher volume After that there was a pullback, and retest of the level around 113, which has now turned into support After the retest, vol also increased indicating bullish strength Oscillators are also in favour of bulls Level of 129.8 (white horizontal line) is the next resistance after 122.8 (previous high) All the white lines marked are further resistance levels Keep SL of 113, Keep RR Ratio of 1:1 or above For a Short Term Trade keep tgt 124 Tgts can be increased to further resistance levels depending on risk profile
NSE:GAILLong
by zenni_10
**RETEST** Possible BUY in Titan with Good Risk:RewardAs you Already can see Titan is in UPTREND in Daily Time Frame. * Price Slowly Approaching the Support Level. If price came to the Support Level and shows the price Rejection there or you can see any Bullish reversal Pattern Like "Bullish Engulfing, Piercing Line" etc with Good Volume. You can go Long. * Please Keep this in Mind Volume Must be there at the Support Level. * Risk / Reward is good as well Disclaimer-: View is just for Educational purpose only. Consult your financial advisor before taking any financial Decision.
NSE:TITANLong
by Notorious_Trader
HUL Analysis! W and Flag and Pole!HINDUSTAN UNILEVER ANALYSIS! HUL Daily Analysis! HUL Analysis with combination of Patterns and RSI! Double Bottom Pattern Formation and Breakout in HUL! Flag and Pole Pattern Formation and Breakout in HUL! HUL has made Double Bottom pattern on daily timeframe it has given a breakout to the neck level and retested it's support level on the Neckline only. The interesting fact is, during it's retesting treading sessoins it has made Flag and Pole Pattern and also given a strong breakout. So we have combination of Patterns now with proper Breakouts and Retests. We can expect further upmove in HUL. Nifty also trending upwards. Entry = Aggressive Investors can buy at current levels, Conservative investors can wait for small retest. Stop Loss = Below 2577.65 Targets= 1) 2689.80 2) 2740.20 3) 2790.25 or 2827.35 Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
NSE:HINDUNILVRLong
by Avinash9087
52
Power shows Power Power Grid Corp has broken out of its ATH on beautiful volume at an increasing rate with two big green candles and has now pulled back on decreasing volume which shows that there is less selling and more buying in the stock. This is an opportunity to buy into the trend as the stock is in a clear uptrend and looks bullish. This is a riskier trade and hence I would advice a position sizing method that will minimise risk and maximise reward. What is position sizing? It is when you first add half your position to check If the market is saying you are right or wrong, if the market moves in your direction, you will add your second half and tighten your stop loss. This way you add two positions but one only when the market shows you that you are correct. Example: Suppose your risk is 100 per trade, You first buy enough Qt to risk only 50 ( Typically with a larger stop) and if the market forms a green candle or another bullish sign, you add another Qt to risk 50 more ( Total risk 100) and your second stop loss becomes tighter ( most probably at the breakeven of the first position) this way you minimise your loss but ur reward is the same and even more. If your first stop gets hit, you accept your mistake and move on. Target: 1:2 Minimum/ Based on Price Stop loss: 241.60 ( Below swing low) ( Updates will be provided) Keep It Simple
NSE:POWERGRIDLong
by Krish_Kohal
Nifty50 Analysis! Trend Reversal is on the way!NIFTY50 Daily Analysis! Head and Shoulder Pattern Formation in NIFTY 50! Head and Shoulder Pattern Breakout in NIFTY 50. Currently Retesting! NIFTY 50 was clearly in a Downtrend till 28th March. Nifty has moved in downtrend is about 4 months. From December 1 Nifty is falling like anything. After that Nifty started moving upwards. Now Nifty has made a nice Head and Shoulder Pattern on a Daily Timeframe and it started retesting to its support level 18069. Scenario 1 = If Nifty took support at its recent level 18069 which is also one of the important Fib levels 1.618(Nifty will move up to 18369.30 ) = UP Scenario 2 = If Nifty breaks above level(Nifty will move down up to 17900 which is Neckline extended support trendline ) = DOWN Scenario 3 = If Nifty breaks above level(Nifty will move down up to 17557.40 which is a major swing level) = DOWN Rest of the Analysis you will find on chart. I have done all the possible Analysis on the chart which took lots of time. If you like this Analysis please support this Analysis. I hope you will lean something about Technical Analysis from this chart. Thank you all for your Support! Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
NSE:NIFTYLong
by Avinash9087
42
ANANTRAJANANTRAJ:- Ascending triangle pattern has been formed, and breakout has also been given, wait for retesting or any slight retracement, plan something only after that, till then keep your eyes on Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:ANANTRAJLong
by AjayDhakad_Keep_it_simple
NIFTY50: (THE BROADER PICTURE) HEY FAM, - As you see in the pictorial representation of NSE:NIFTY , the index took an upsurge at around 13th June, 2023 with a gap-up opening which happens to the level of previous month high (PMH). - Moving on we also see a PEMA crossover with an initial retest of price at Monthly H3 (MH3) level which shows that monthly responsive players are in action now when the price takes the first support from marked zone that is -> (PMH - MH3) - Now in the same week we form a Weekly high (PWH) at around 19th June, 2023 which you can see comes in a beautiful confluence with the level of Monthly H4 (MH4) thus making it a hot level on the upper side which is why the line is marked as 'orange'. - Fast forward to this current week, we have a reference that the index has a responsive range of around 210 points which is clearly marked on the chart too. - This week beautifully shows the fight between the weekly and monthly responsive players trying to break through from the responsive range and thus open gates for their respective initiative players to race towards their range targets. NOTE: I hope you understand the broader picture now and can also testify how simple things can be if you just connect the respective dots from multiple pivot timeframe. So, I think that this information through a brief pictorial representation helps you in further projects and the same time shows you one of the way you can use PIVOT STUDY WITHOUT EVEN APPLYING ANY INDICATOR!! Let me know your thoughts upon this publish in the comment section. THANK YOU
NSE:NIFTY
by PivotMinati
11
SEQUENTSEQUENT:- Stock has given strong breakout, if stock comes back for retesting then you can plan something Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:SEQUENTLong
by AjayDhakad_Keep_it_simple