1. Trend: Bullish 2. 6 months consolidation 3. Price taking support from fin 0.61% levels with double bottom formation 4. RR: 1:5.6+
1. Set up: Reversal 2. Triangle set up 3. SL: Follow weekly closing basis 4. RR 1:14+ 5. Probable bottomed out stock ready for massive upside move
1. Trend bullish 2. Set up: Breakout & Retest 3. RR 1:5.5+ reversal trade set up 4. Double bottom at retest
1. Set up: Breakout 2. Bottomed out 3. In process of big rounding bottom 4. RR 1:13+ with 2 probable entries
1. Trend Bullish 2. Price trading at support level after a false breakout 3. High chances price close in green for this week and entry can be high rewarding
1. Trend: Accumulation phase 2. Reversal from support 3. Strength is good at support with 14%+ bounce 4. RR 1:6+
1. Bounce from support 2. Low risk & high reward 3. Clearly buyers are step in with wicks
1. Trend Bullish 2. Weak hands removed with false breakdown 3. RR: 1:7+ 4. Price may shoot up faster to trap sellers
1. Set up: Breakout 2. Based built up for reversal 3. higher Bottom building 4. Early entry high rewarding set up
1. Set up: Breakout 2. Accumulation phase over 3. RR: 1:7.9+ 4. Bottomed out 5. Big rounding bottom
1. Trend: Bullish 2. Potential 5 years breakout 3. RR: 1:10+ 4. SL: follow of weekly closing basis
price slowly making higher high's and higher low's. At the lower end of channel, looks good candidate for a fundamental study and if any triggers found we can hold it from here at a comfortable valuation. Price seems to reversing and volumes seems to be picking up. Looks interesting can take up for further analysis. Just filtering ideas and making notes.
1. Trend: Bullish 2. Set up: Resistance turning in to support 3. RR : 1:11+
1: Trend: Bullish 2. Set up: Reversal from support 3. RR: 1:7+ RR trade set up
1. Set up: Potential reversal demand zone 2. Trend Bullish 3. double bottom set up
1. Trend: Bullish 2. Price is in retracement 3. RR: 1:5+ 4. SL: wait for 2 weekly closing
HDFC AMC has been in continuous downtrend from late 2019. As we can see on the chart, the stock has recently bounced from a support level with good volumes. The most interesting observation is a positive divergence in RSI during the bounce which might be an indication that stock has bottomed. On Friday, good buying with high volumes has been observed with a...
On day chart I see the support around $2.4 On 4h TF After OP breakdown $2.9 it made another structure from up to down if OP close below swing low $2.615 so need to wait for confirmation OP has resistance around $3.25 and strong support around $2.4 this level is target for short position Time will tell