bearish flag pattern formed in daily chart.
ema cross over done.
bearish engulfing candle is formed.
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
Breakout on the relative strength chart.
Risk to Reward is favorable.
The sector is also outperforming nifty.
Stock is in the demand zone.
RRG also shows that the stock is in the leading zone.
Avg Devilvery volume.
FTS score is declining.
A leaf on the wind. Watch how it soars.... this is a zoomed in 15min view of the last chart. My intent is to share the Fib coordinates of the golden lines. Then chart Fib Channels between those Golden lines. The price action plays closely with these old lines, $0.1 in some cases.
A long monthly breakout after a long consolidation with good volume buildup has been seen in monthly chart.
buy- current price
stoploss- low of monthly candle
for medium to long term
Three rising method pattern is visible in weekly breakout after more than 2 years of consolidation. clear indication of upside is seen in the chart.
entry -above 6600
SL - 6000
trade accordingly with your target and use 9 ema for trailing stoploss .
Reason for long
a) Triangle breakout possible
b) Volume and price burst possibility
c) High risk penny stock, position sizing is 0.01% of your total portfolio only, as it may even go to zero.
d) This is an loss making organization from past 5 years, but face value is 1,
e) Promotor % is <2% and is high risk, if possible keep SL as indicated in chart.
f) QQE...
Reason for long
a) Consolidation breakout
b) Volume and price burst
c) High risk penny stock, position sizing is 0.01% of your total portfolio only, as it may even go to zero.
d) This is an loss making organization from past 5 years, but face value is 1,
e) Promotor % is <2% and is high risk, if possible keep SL as indicated in chart.
f) QQE breakout. ...
Hi Trader!!!
Havells India show a perfect Cup and Handle Pattern on daily chart. The target of the same shall be Rs. 1540 with a stop loss of 1347. The target may be adjusted and for upcoming some sessions and not necessarily for intraday. One may take intraday or swing trades on the same .
Disclaimer:- Before taking any position, you are requested to kindly...
might take long in bank of india
this stock looks good might take long in this
sl :- 103
trgt :- 190
if u like my work do like n send msg so we can discuss more i have my community where we disuses on charts
Remember, investing in stocks involves risks, and it's crucial to make informed decisions based on thorough research and analysis.
It's always...
Hello traders, I have noticed a support zone in a 30-minute timeframe for Infosys. All details are evident on the chart. Looking forward to your comments.
MOREPENLAB
CMP : 50
DISCLAIMER - Here, We Share Charts Based On Technical Studies For Learning Purpose Only. Not Buying Or Selling Recommendations. We Are Not SEBI Registered Advisors. We Will Not Be Responsible For Your Profit And Loss.
L&TFH
CMP : 171
DISCLAIMER - Here, We Share Charts Based On Technical Studies For Learning Purpose Only. Not Buying Or Selling Recommendations. We Are Not SEBI Registered Advisors. We Will Not Be Responsible For Your Profit And Loss.
