HSIL Swing Opportunity Go LongHsil Big Rounding bottom And up flag Breakout Go Long for Short Term
Entry at near and above 125.17 (major resistance Fibonnacci Levels)
1st Target -147 (Up Flag pattern target should be ideally acheived in 4-5 days after taking entry above 125.17 )
2nd Target -200
3rd Target -210 (Rounding Bottom Target)
RSI is also above 60 which is a buy Sign!
Recent Macd crossover for long
**Keep Trailing Stoploss**
**Been in Consolidation for good days,Time to give a breakout soon**
**Expecting a big UpMove In coming Days**
Roundingbottom
CESC crossing an important area CESC is going to close the week above a very strong weekly support and resistance zone with good volume. Also formed a rounding bottom pattern recently. Can go up from here and test the above resistance levels, which can be initial target, and upper weekly TL. Levels mentioned in chart.
Multiple patterns on Multi Time Frames - DHANUKADHANUKA has shown multiple chart patterns on different time frames.
Strong results posted in the last two quarters.
Monthly:
Rounding Bottom
Cup & Handle Pattern
Both these patterns are showing highest upside potential of 1550 levels.
Weekly:
Pole Flag
Pole Flag has a potential to reach 1330 levels.
Daily :
Triangle pattern
Triangle breakout shows signs to reach 980 levels.
This stock has taken strong support 700 levels, expecting this to retest 200DMA which is also close to that level.
Note: Keep this stock on radar..
PSE Index view : Mid term Bullish.PSE Index is being formed on Daily Chart a Rounding Bottom, It indicates price reversal to last resistance trend line...
So, It is in flavor in upcoming days...
Breakout in Tata ConsumerTata Consumer has given a clear psychological and a technical breakout after closing above 600 and completing the rounding bottom pattern respectively. One may consider going long and look for targets of 670-690 in the coming sessions. Stop loss should be placed at 570-580.
U.S DOLLAR DXY INDEX Good long candidate.U.S DOLLAR DXY INDEX CMP 90 LEVELS
Good long candidate at this levels.
Rounding bottom formation on weekly time frame support around 89.8 levels
Rising parallel channel support around 89 levels
View gets negated below 88.7 on closing basis.
Upside can move to levels 94-96-98-100-103.....
A Clear Rounding Bottom Pattern Breakout On Weekly Chart.Borosil Renewables Ltd. has completed its rounding bottom formation and has given fresh breakout of rounding bottom pattern on levels of 149. Targets achievable from here will be 200-220 in around 2 weeks.
TCS VIEW - ON DIFFERENT TIME FRAMESROUNDING BOTTOM ON DAILY FRAME
FRESH BUY ABOVE 2350-60 LEVEL
FOR A TARGET 3150-3200
SIMILAR ROUNDING BOTTOM ON HOURLY CHART
HOLDING FOR TARGET 2890
2842 CAN BE THE RESISTANCE LEVEL FOR 2890 TO COME
BELOW IS ATTACHED HOURLY CHART
SUN TV at very important resistance level Multiple patterns at very strong resistance level. Gave a trendline BO, also forming a round bottom pattern and testing strong resistance level now. Can move good if cross this resistance and sustains. For educational purpose.
DWARKESH Bullish BiasRounding Bottom Pattern
Just see that lower volume backed by when the price is falling its an indication that weak hands are selling off and hence selling pressure is lower
Can be bought at CMP
SL 29
Target ~39/40
TCS ready for Rally ?TCS has formed rounding double bottom, looks like it set to rally if it breaks neck line at 2840
IRCON in Rounding BottomIRCON has recently given 200DMA breakout with good volume, now this is again came to breakout candle close level. 97-100 level looks like resistance zone. breakout at above level can take this to all time high followed by 124 level.
ITC - FRESH BUY LEVEL SUGGESTION USING RETRECMENT THEORY
ITC HAS GOT RETRACED MANY TIMES FROM 0.50 LEVEL
LOOKING @ THE CURRENT MOMENTUM A BUY HERE CAN BE PLACED
FOR TARGET 215-220
REASONS
BREAKING OF ROUNDING PATTERN
CONSISTENT VOLUME SUPPORT
TRIANGLE FORMATION
TRADING SUGGETION
BUY ABOVE 206 CLOSING BASIS
CAN GIVE A UPMOVE OF 10-15 PTS TOWARDS
0.618 RETRACE LEVEL
***NOTE - FOR STUDY PURPOSE ONLY***
Rounded bottom breakout.NSE:UPL has formed rounded bottom pattern and also crossed above 200EMA(1D). Maximum short covering is also seen at 480 call option.
BOROLTD is in Accumulation PhaseBOROLTD is forming a rounding bottom and it can raise 26% if it breaks above 184 level, you can also see a smaller rounding bottom inside bigger one, which gave 10% raise in stock price at 150 level. it looks like add on dips at current stage
TVSMOTOR VIEW - CONTINUATION TVS MOTOR VIEW CONTINUATION (disclaimer - for study purpose only)
BUY ENTRY WAS SUGGESTED FROM 483 LEVEL WITH TARGET RANGE 500-515
WHICH IS ACHIEVED
WHEN IT COMES TO PATTERN FORMATIONS
WE CAN SEE ON DAILY CHART
SCRIPT HAS MADE INVERSE HEAD & SHOULDER PATTERN
+ CUP & HANDLE PATTERN
COMING TO SUPPORT & RESISTANCE CHECK :-
THE SCRIPT IS NEAR THE LEVEL WHICH HAS BEEN
RESISTANCE LEVEL SINCE JAN'20
LOOKING AT THE MOMENTUM THERE SEEMS HIGH POSSIBLIBITY
FOR THIS LEVEL TO CROSS
AND IF CROSSED THE TARGET RANGE SEEMS TO BE
530 -588
A DIP TILL 480-84 LEVEL CAN BE TAKEN AS A BUY ZONE
FOR TARGETS - 500-510-530-588
A STOP FOR THIS SWING TRADE CAN BE KEPT NEAR 440 LEVEL OR AS PER COMFORT
below attached previous idea shared for reference
ENTRY OR HOLD MORE - EXIDE EXIDE ENTRY
TARGET 1 193, TARGET 2 197
STOP 181
disclaimer - trade @ own risk - for study purpose only.
