Hi All, This idea is about Sundaram Finance Holding Fundamentals Market Cap - 6k Cr Mkt Cap/Sales - 20.9 ROE - 12% P/BV - 1.27 Div Yield - 2.81% Technicals Price action has been in a rising wedge pattern since Jul 23 & currently consolidating at the bottom of channel for past few days. It can give a upmove of nearly 25% in very short term. Traders can take...
rising channel pattern breakout and retested in stock looking good for up side for swing trade : Buy above 732 with sl 680 for target of 810
Reliance is at bottom of rising channel on daily TF, good to take risk and trade with a small stop loss. Target 1 -2862 & Target 2- 3200. Stop loss 2300 on DCB.
SBIN is touching bottom of rising channel on daily TF and can reach 680 in coming days. Keep stop loss 568 for target of 680. Good for swing trading
SBI is trading above all major SMA in daily time frame with a rising channel pattern. You can enter here with a very small SL from here.
Rising channle pattern formed in Cipla. We can trade the range or wait for breakout.
Ashokley Long Rising channel chart pattern RSI-61 Buy at CMP- 132 or at 129 SL- 123 Target- 147, 149 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Finolex Cable spot CMP : 455 Study :- Price action + chart patterns + Elliot wave Time Frame :- Daily There is Rising channel formation, currently price is around the demand line of long term structure, on smaller range of time frame there is formation of symmetrical triangle formation, which have demand line around current levels. so there are 2 structure...
ITC bearish case study. Rising channel formation with resistance line around 270 levels. Bearish crab pattern formation with prz around 263-270. Elliot wave formation with impulse phase maturity around 272 levels RSI divergence between last two swing high ,, Taking all to gather 263-272 stiff resistance zone,, view gets violated above 277 levels. Counter made...
Scrip : PNB Setup: 3 Rising Valleys Pattern, Rising Channel, Chikou Span in open space and PSU bank Index giving breakout above 2 years levels Target 1 - 55 Risk: Slightly Risky Trade as PSU bank Stoploss: Please determine, manage and adhere to your stoplosses as per your risk profile and appetite. A close below 35 could be a determined as a Stoploss level....
Nifty 50 Index will face resistance at the upper trendline. Currently, price is inside a rising channel pattern. Stay cautious for the long position.
EXPLANATION : This is a 15 Min time frame chart of NIFTY , It has formed a Rising wedge Pattern . If you don't have a Plan you don't have a Trade .
IEX is moving in rising channel. It evident from volumes at lower end of the supports that stock has taken support at lower end of the channel. Keep SL below the current swing low at 385 levels. Final Target will be upper end of the line around 470 levels. Partial profit booking level around 438. After that either book partial profit and hold balance with CTC SL...
NSE:M_M M_M formed a Rising channel near supply zone. Wait for the right opportunity in shorter timeframe - 15m NOTE: EDUCATIONAL PURPOSE ONLY
#ZINC (4hr):- 251.6 CMP, at crucial Resistance If closed above (251.9/252.4) this then 255/260 levels will come :)
ABFRL (D):- 221.5 CMP, LOOKS GOOD FOR 280 :) 1) Rising Channel :) 2) Volume Spike + F&O Stock now (+ve sign)
Breakout from falling channel and back in rising channel. Retest done. Channel Bottom. Follow for more