MCDOWELL (1D TF) Swing Trade Analysis given on 6th December, 2023 (Wednesday) Pattern: REVERSAL FROM SUPPORT TRENDLINE - Volume Spike Buildup Near Support - Done ✓ - Moving back to Resistance - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #mcdowell
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
1. Trade set up: Cup & Handle 2. RR: 1:4+ 3. Trend: Bullish 4. Confluence of support
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
After given upside rally, stock price is taking rest. Daily Time Frame As shown in chart, price took support and making a upside reversal pattern. for study purpose only.
Atul is one of the major stock of chemical sector which has been correcting since past many months. We have seen a reversal in chemical stocks and similar reversal pattern is visible in Atul as well. A clear flag breakout in weekly TF is visible. Confirmation is above 7600 Stock can even touch ATH if the rally continues for an year. Keep this in watchlist.
Hello traders! Today’s spotlight is on NSE:BHEL stock, which recently surged but is now flashing a reversal candle pattern. Here’s a quick rundown: Rapid Ascension: BHEL experienced a swift climb, catching the market’s attention. Reversal Indicators: A reversal candle pattern has emerged, suggesting a potential shift in the stock’s trajectory. Chart...
Nazara is a company which develops gaming software. Stock has given good volume breakout from a strong resistance zone. Immediate resistance is 1000 above which stock will fly. As i said, keep this stock in your nazar(watchlist) Risky traders can enter as per my levels for better risk reward. Do follow me if you like my analysis!
GUJARAT GAS LTD - Reversal possible with good R:R - Early entry - with minimum risk :- Oil & Gas index has given good breakout on 1-M and 1-W candle.
1. Set up: Double bottom 2. Price trading at 75% discount (pullback) 3. RR 1:5+
The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. NOTE - Usually Price Shows reversal with help of certain setups - Inverted H&S, Cup & Handle, Wedge pattern & Ascending Triangle Pattern. The above analysis is purely for educational purpose. Traders must do their...