BTCUSD (DAILY):- FALLING WEDGE BREAKDOWN (Inside Rising channel breakdown also) for Target 44850
JINDALSTEL (FUTURE):- LOOKS GOOD FOR 400 TARGET WEAK BELOW 367 DCB
#watchlist #VIP (Daily):- BUY ABOVE 420 FOR TARGET 530 TARGET SL BELOW 375 DCB #Disclaimer:-I just shared view for only educational purpose. #priceaction #vip #BREAKOUT
TCS breaking out of a triangle and the price is moving in a rising channel. Go long as per your risk appetite and capital management. Buying breakouts offers a poor risk-reward ratio. So it's better to look for a suitable risk-reward before trading.
HDFC is now at make or break level at lower level of rising channel. if take support and next day formed bullish reversal candle then again move toward upper level of rising channel. # learning idea
Bharti Airtel has been on a good run recently. Technically, it's trading along a rising channel. The current price i.e. closing price on 4th Jul of around 362 has run the stock in to a strong resistance area spread between 360 and 365. For the recent bull trend to sustain, a break in closing basis above that resistance area is critical. From technical stand...
ICICI Bank trading through a rising channel. 435.5 to 436.75 region seems like a good support zone and that can be expected to hold on well. Once if price breaks above 444, we can expect a quick move to 450 and even beyond. Demand areas noted in chart. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do...
Axis Bank bounced off from rising channel support at 760. That price also seem to be a horizontal support area. If the stock holds on to the channel we can expect a considerable move upwards. Notable resistance is at 820 area where life time high falls as well. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general...
SUNTV parallel channel as observed on weekly chart. Hope it will be helpful.