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**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
ARVSMART - Breakout and Potential RetestIn this technical analysis article, we will examine the recent breakout of ARVSMART and discuss the possibility of a potential retest. It is important to note that this analysis is for educational purposes only and I am not a SEBI registered analyst. If you find this analysis helpful, please like it and leave your comments with any observations you may have. 🚀 Breakout Analysis 🚀 ARVSMART displayed a beautiful breakout on June 1, 2023, accompanied by a strong bullish candle and significant volume. The stock reached an all-time high level, indicating bullish momentum. Now, it appears that the stock might be retracing the breakout with very low volumes, providing a potential entry opportunity. 💡 Entry and Stop Loss Levels 💡 To plan our entry, we can look for a retest above the 75-minute demand zone around 350.6. If the price surpasses this level, it could signal a continuation of the upward trend. However, it is crucial to manage risk effectively. Therefore, it is recommended to set a stop loss below the 75-minute demand zone to protect against potential losses. ⚡ Maximizing Profits ⚡ Since the stock is trading at all-time high levels, it is advisable to trail the stop loss to secure profits in case of further upward movement. This strategy allows traders to lock in gains while still participating in potential future growth. 📚 Key Terms Explained 📚 Breakout : A price movement that surpasses a significant level of resistance or support, often indicating a potential change in trend. Retest : The act of revisiting a previously broken support or resistance level, which may serve as a confirmation of the breakout. Demand Zone : A price range where buying interest is likely to be strong, potentially acting as a support level during price declines. Stop Loss : A predetermined price level at which traders exit a trade to limit potential losses. 🙏 Appreciation and Call to Action 🙏 Thank you for your support, likes, follows, and comments. Your encouragement keeps me motivated to consistently provide valuable analysis. If you find this analysis helpful, please follow me on TradingView for more articles and trade setups: in.tradingview.com 💭 "Trade with confidence and embrace the journey to success!" 💪🚀
NSE:ARVSMARTLong
by AfnanTAjuddin
Greenply Faces Resistance, Breakout, and RetestNote: This analysis is for educational purposes only and should not be considered as financial advice. I am not a SEBI registered analyst. Greenply, a stock that has been facing resistance since December 2022, recently broke out of a rectangle pattern on 5th May with significant volume. After the breakout, the price has moved up and is now approaching a retest of the breakout level. The previous resistance level is expected to act as support. Here's a plan for potential trade entry: Buy Entry: Around 154.75 Stop Loss (SL): Below the daily demand zone, approximately 151.5 Target: Below the daily supply zone, around 162 Risk-to-Reward Ratio: 1:2 It's important to note that trading carries inherent risks, and it's crucial to manage risk through proper position sizing and risk management techniques. Summary: Greenply has faced resistance since December 2022 but recently experienced a breakout from a rectangle pattern. The price is now testing the breakout level, which is expected to act as support. Traders may consider a buy entry around 154.75, with a stop loss below the daily demand zone at 151.5. The target is set below the daily supply zone around 162, resulting in a risk-to-reward ratio of 1:2. Remember, always do your own research and consider multiple factors before making any trading decisions. If you found this analysis helpful, please like it and follow me on TradingView for more articles and trade setups. Thank you for your support, likes, follows, and comments. Your love and encouragement keep me motivated to write consistently. Catch me on TradingView for more insights and profitable trade setups! 📈📊👉 in.tradingview.com 🙌🚀 Keep learning, keep trading, and may the markets be in your favour! 🚀🙌 Technical Terms: Resistance : A price zone where selling pressure tends to overcome buying pressure, causing the price to stall or reverse . Breakout : A price movement above a key resistance level, indicating a potential continuation or reversal of the trend . Retest : When the price returns to a previously broken level to test its newfound support or resistance . Support : A price zone where buying pressure tends to overcome selling pressure, preventing the price from falling further . Stop Loss (SL) : A predetermined price level at which a trader exits a position to limit potential losses . Risk-to-Reward Ratio : A measure of potential profit relative to potential loss in a trade, calculated by dividing the target price distance by the stop loss distance
NSE:GREENPLYLong
by AfnanTAjuddin