The recent swing has broken its all time high and now it has formaed an uptrend pattern with breakout ofter pullback. The minor trend of the pullback has changed into uptrend which is indicating a bullish move in incoming. Do your own research before investing.
Stock was in correction but it has started forming base( for clear view watch weekly time frame) and also as can see volume activities have increase from six five days looks like accumulation is happening. All of this thing is indicating that big move is about to come. I think this stock is good few months. If the support is broken than can move farther down side....
1. Trend - Bullish 2. Trend Reversal - Probable Double Bottom 3. Early Entry - Before break of neck line 4. TSL can be Aggressive SL for aggressive traders else 34029 level would be a proper room to cover up the volatility
Sterlite tech is looking strong as a positional trade. Recently, we have seen a good run in Birla cable as well which is a competitor of this company in manufacture of optical fibre cables. Stock can be added at CMP or on dips till 155. SL is below 140 WCB. Minimum target is 200. Above that stock can go till 235, 280 which are the fib levels as well as strong...
Hii All... Greetings.... Today I'm sharing with you Daily Charts of Nifty Pvt. Bank, we can see a very clear Head & Shoulder Pattern which has already Formed. Head & Shoulder Pattern is Trend Reversal pattern. I'm currently having bearish view in Nifty Pvt. banks. However on closing basis if upper resistance is breached. The we can consider Failure of Head...
Holding recent swing low nifty once it crosses the neckline can hit 19475-500
A good example of reversal chart Moves aggressively Study well before any action
The given harmonic chart shows Nifty possibly reverse. Immediate targets given with RED lines Study well before any actions.
A harmonic chart presents here shows its reversal Immediate targets are given in red lines. Study well
A reversal pattern is formed at ATH with a trendline confluence. Good RR.
SWING TRADE OPPORTUNITY Stock is in downtrend from Jan 2023 and forming triangular pattern, having major support near 85. It is corrected by nearly 30% from it's high. But now in last trading session it gives breakout of the triangular pattern with very high volumes which clearly indicates the reversal of the trend. Stock is taking support from its major moving...
Punjab Chem & Crop CMP 870 Retested it's previous base of 725-750 and took a good reversal supported with volumes. This may initially approach for 1250-1450 levels from here and same shall be reviewed again around those zones.
just now Buying Opportunity seen in CUB after completion of double bottom pattern , the reversal seems to be confirmed from the demand zone as shown in the chart. RSI and MACD cross over favours the reversal . The SL and targets are as usual the demand and the supply zone. As this is an educational post , do message me the probable SL and Targets as a part of it....
Sell Bajaj Finance below 7177 target 7100. Reason for Sell, If we club 3 daily timeframe candles then it will form shooting star at top of trend. Please Note I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade.
"Delivery Idea 18-05-23 RCF (CMP: 104) Buy Price: 104 SL Below: 102.5 Target: 115"
1. Early entry for a false breakout has high reward & small risk but probability for taking SL goes substantially high 2. Wait for closing SL, but it is false breakdown then chances are remote to hit the low 3. Risk to reward is 1:12
"Delivery Idea 17-05-23 KRISHANA (CMP: 454.95) Buy Above: 456 SL Below: 440 Target: 486" Stock has Reversal Pattern in Day Candle and Trend Breakout and retesting in Hourly Candle.
"Delivery Idea 12-05-23 INDIANB (CMP: 293) Buy Price: 293 SL Below: 285 Target: 330"