Technical Analysis:
HITECH has been exhibiting a strong uptrend on both the daily and weekly timeframes.
Recent breakout followed by a retest of the breakout level, which is a bullish sign indicating
potential continuation of the uptrend.
The retest of the breakout level occurred with declining volume, suggesting weakening
selling pressure.
Today's price action...
Chart analysis:
Pattern: Symmetric triangle pattern BO happened and re-testing of BO is happening.
Breakout: BO of 1.5 years trend line and support is taken at 0.618 which is Golden Ratio .
Volume: Volume action is clearly visible near breakout zone.
Trade setup:
Entry price: Close of 1400 price break candle.
Stop loss: Below 1320.
Target 1: ...
Chart analysis:
Pattern: Rectangle pattern is formed when the consolidation takes place.
Breakout: Rectangle pattern is breakout happened on 24-Jan-2024. Price might comes to 770 for re-test of the BO.
Volume: Spike in volume in BO candle indicating big players are interested.
Trade setup:
Entry price: Between 769.45 and 802.85
Stop loss: Below...
GRSE Daily Analysis!
Descending Triangle Pattern Formation in GRSE!
Descending Triangle Breakout in GRSE!
Will not enter if candle closed inside the Triangle!
GRSE has made Descending Triangle Pattern on a Daily Timeframe. It gave a resistance breakout with high volume currently retesting the support level. Will Resistance become Support in GRSE? Will...
DAAWAT:- Stock has given breakout, but if you want to plan something, then plan after retesting or near 111.90 level, till then keep your eye on stock
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...
NSE:AMBUJACEM Analysis!
Ascending Triangle Pattern in AMBUJACEM on Daily Timeframe!
AMBUJACEM Retesting it's support level!
Ambuja Cements has made Ascending Triangle Pattern on Daily Timeframe. It has given a decent breakout with average high volume. After it retested it's support level. It has made a s pinning bottom candle on it's support level. We...
FDC:- The stock has given a breakout and has come for retesting as well as support, keep an eye on the stock.
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...
MEDANTA:- Ascending triangle pattern has formed and breakout has also given, you can weight proper entry, stock has given breakout from the range, keep your eye on the stock.
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...
Shiba Inu coin formed a double bottom pattern in 15m time frame.It is retesting now from the neckline(S1) and can give a upper breakout to R1.If the neckline breaks out with high volume candles,a long trade can be initiated.Support and resistances are marked on the chart.keep on eye on this trade.
Happy trading.
SCHNEIDER:- The stock has also given a breakout by forming a head and shoulders pattern and has come for retesting, keep an eye on it
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...
LANDMARK:- The stock has given a breakout by forming a cup and handle pattern and has come for retesting, keep an eye
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...
Bitcoin is making a double top on 15m/1h time frame.It is retesting now, and if there, a highvolume breakout happens, then a short trade can be initiated for further support.keep an eye on this.
GREAVESCOT:- The stock has formed a pattern like double bottom pattern, the stock has also given a breakout, and the stock has also come for retesting.
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...
Runecoin along with whole cryptocurrency stepped into downtrend.There was a first wave happened already.Now runecoin is restesting from the support level(1.345),and can go to upper resistance level(1.365) as shown in the picture.If the price again falls down from the resistance,a short trade can be initiated there.Also you can check the volume or ADX or RSI at the...
EPL:- The stock has formed a descending triangle pattern, although a descending triangle pattern is formed, then the stock follows a bearish trend, but it is also called a reversal pattern, if the above trendline sustains after the breakout, then the stock may have become like this. And the stock has also come for retesting. keep on eye
Hello traders,
As...
