WINkLINK Chart Analysis Breakout chart Analysis of WINkLINK .
Pattern Forming :- HR Triangle.
Shows signs of Strong Breakout of the current bearish Trend.
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Lupin - Up-Flag on WEEKLY chartLupin Ltd. was in a consolidation since September 2020. The consolidation was preceded by an up rally. The price gave the upward breakout on a weekly chart and closed at Rs. 1196.55 with huge volume support. This formed the price pattern known as up-flag on the weekly chart of this counter. I anticipate the price target of Rs.1,600 and suggest the stop loss at Rs.1,130 to be followed for the first four weekly candle after the breakout weekly candle. Thereafter, the profit booking/ exit decision should be based on achievement of the price target or downward crossover of 26 EMA by 5 EMA whichever happens earlier.
NOTE: This idea is an attempt to predict the future price movements. Investment decision based on this idea, if any, shall be solely at the risk of the investor.
Jindal Stainless (Hisar) Ltd. - Up-Flag on DAILY chartJindal Stainless (Hisar) Ltd. was in a consolidation since 27th April 2021. This consolidation was preceded by an up-rally. The price gave an upward breakout to the consolidation on 7th May 2021 and closed at Rs.180.90 with a massive volume support. This price behaviour has formed the price pattern known as Up-Flag on daily chart of this counter. I anticipate the price target of Rs. 213 and suggest the stop loss at Rs. 171 to be followed for the first four daily candles starting from 10th May 2021. Thereafter, the profit booking/ exit decision should be based on achievement of the price target or downward crossover of 26 EMA by 5 EMA whichever happens earlier.
NOTE: This idea is an attempt to predict the future price movement. Investment decision based on this idea, if any, shall be at the sole risk of the investor.
Glenmark Pharmaceutical Ltd. - Up-Flag on DAILY chartGlenmark Pharma was in a consolidation since 20th April 2021. The consolidation was preceded by a rally. The price gave an upward breakout to the resistance line on 7th May 2021 and closed at Rs.591.50. This breakout was supported by massive volume. This formed the price pattern known as Up-Flag on daily chart of this counter. I anticipate the Price Target of Rs.708 and suggest the Stop Loss at Rs. 579 to be followed for the first four daily candles starting from 10th May 2021. Thereafter, the profit booking/ exit decision should be based on achievement of the price target or negative crossover of 26 EMA by 5 EMA whichever happens earlier.
NOTE: This idea is an attempt to predict the future price movement. Investment decision based on this idea, if any, shall be at the sole risk of the investor.
FEDERAL BANK CHART STUDYHIGHER HIGHS LOWER LOWS CHART
2/2.5 MONTHS VIEW MAY SEES 101 TARGET
UPSIDE TILL 127
Carborundum Universal - UP-Flag on WEEKLY ChartCarborundum Universal, after experiencing a long rally went into the consolidation for 2.5 months since 15th February. The consolidation preceded by a rally formed an Up-Flag on the weekly chart of the counter. The price gave the decisive upward breakout on a weekly candle closing on 30th April 2021 and closed at Rs. 548 with a good volume support. I anticipate the price target of Rs.778 and suggest the stop loss at Rs.514 to be followed for the first four weekly candles after the breakout candle. Thereafter, the profit booking/ exit decision should be based on attaining the price target or downward cross over of 26 EMA by 5 EMA whichever happens earlier.
NOTE: This idea is an attempt to predict the future price movements. investment decision based on this idea, if any, shall be at the sole risk of the investor.
Inverse Head And Shoulder pattern - MOIL LIMITED WEEKLY CHART Moil Limited is making Inverse head and Shoulder Pattern in weekly Chart Investor with 6 to 1 Year time horizon can buy for T1 : 200 & T2 : 230
IDFC monthly chart breakout and retestIn monthly chart IDFC has breaken out and retested its trendline. Good long term stock to invest.
Ester Industries Ltd.- UP-FLAG on WEEKLY chartEster Industries Ltd. was in a prolonged consolidation of almost 6 months. This consolidation was preceded by an up-rally. This price behaviour has formed the price pattern called Up-Flag on the weekly chart of this counter. The price gave the upward breakout on weekly chart for the week started on 26th April and ended on 30th April 2021. This weekly breakout candle closed at Rs. 146.40 with massive volume support. I anticipate the price target of Rs. 210 and suggest the stop loss at Rs.133 to be followed on the first four weekly candle succeeding the breakout candle. Thereafter, the profit booking/ exit decision should be based on achievement of the price target or downward crossover of 26 EMA by 5 EMA whichever happens earlier.
NOTE: This idea is an attempt to predict future price movements. Investment decision based on this idea, if any, shall be at the sole risk of the investor.
CDSL - Up-Flag on Daily ChartCDSL was in a consolidation since 8th April 2021. The consolidation was preceded by an up rally. This formed a price pattern UP-FLAG on a daily chart of this counter. The price gave an upward breakout on a daily chart on 27th April 2021 and closed at Rs. 780.75. I anticipate the price target of Rs. 896 and suggest the stop loss at Rs. 759 to be followed for the four daily candles starting from 28th April 2021. Thereafter the profit booking/ exit decision should be based on a downward crossover of 26 EMA by 5 EMA.
NOTE: This is an attempt to predict future price movements. Investment decision based on this idea, if any, shall be solely at the risk of investor.
SYMMETRICAL TRIANGLE CHART PATTERNSymmetrical Triangles Explained
A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. The pattern is also known as a wedge chart pattern.
The price target for a breakout or breakdown from a symmetrical triangle is equal to the distance from the high and low of the earliest part of the pattern applied to the breakout price point. For example, a symmetrical triangle pattern might start at a low of $10 and move up to $15 before the price range narrows over time. A breakout from $12 would imply a price target of $17, or $15 – $10 = $5, then + $12 = $17.
Symmetrical triangle chart pattern Symmetrical Triangles Explained
A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. The pattern is also known as a wedge chart pattern.
The price target for a breakout or breakdown from a symmetrical triangle is equal to the distance from the high and low of the earliest part of the pattern applied to the breakout price point. For example, a symmetrical triangle pattern might start at a low of $10 and move up to $15 before the price range narrows over time. A breakout from $12 would imply a price target of $17, or $15 – $10 = $5, then + $12 = $17.
The stop-loss for the symmetrical triangle pattern is often just below the breakout point. For example, if the aforementioned security breaks out from $12 on high volume, traders will often place a stop-loss just below $12.
MAX health insurance uptrend chart As we see the chart this stock is going to reach it support which is in range of 220-215 then buyer going to buy it. The support and resistance of this stock is going to increase over a time. we don't know when this stock is going to reach is resistance.
Target for me BUY -(220-215)
SELL- (255-245)
Let watch this stock for few days because current situation of our country depend a lot. i think price is going to fall a bit when this stock reach its support and follow the uptrend we can buy that time. we see the channel of this stock range from (30-40) rs.
These are my assumption please comment your thinking regarding this.
I am here to learn from you
Symmetrical triangle chart pattern A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend
Symmetrical triangle chart pattern A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend.
Symmetrical triangle chart pattern A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend.
Daawat - Up Flag on Weekly ChartWeekly chart of Daawat was in a prolonged consolidation of 8 months. This consolidation was preceded by a rally. The consolidation on the weekly chart got a prominent breakout today on 9th April 2021 and closed at Rs.68.25 with massive volume support. I anticipate the price target of Rs.100 in a period of about 4 months. Here I suggest the stop loss at Rs.63 to be followed for the first four weekly candles. Thereafter, the profit booking/ exit decision should be initiated on a downward crossover of 26 EMA by 5 EMA.
NOTE: This is an attempt to predict future price movements. Any investment decision should be at the sole risk of the investor.
Diamond pattern in Nifty Future on Daily chart Diamond pattern in Nifty Future on Daily chart , its very rare pattern few days ago we have seen in Bharti Airtel and its down now . Yesterday this pattern formed in Nifty daily chart on top side it may bring Nifty to 14550/13700.
If nifty closed above 15354 then this pattern is void.
Johnson Control ChartShare your analysis or suggestion or any question in comment box. Like to appreciate.
Disclaimer: Iam not a registered or authorized analyst by SEBI or any institution.
The chart details are for education and study purposes only.
The chart is not a signal to trade or suggest buy/sell/hold/transact in any way.
I will not be responsible for any losses or profits, please do your own due diligence.
bank nifty triangle chart pattern bank nifty in 15 minute time frame triangle chart pattern either side 15 minute candle break and wait .after breakout candle low you can trade .
