► ADVANCE PATTERN #7: GODREJCP ◄► ADVANCE PATTERN #7 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
Entry: ▲ 701
SL: ☢ 670
Target: ➚ 760/800/860
RR: ☈ 1:3.3
☆ Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✮ Disclaimer ✮
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Search in ideas for "Chart Patterns"
► ADVANCE PATTERN #6: GODREJIND ◄► ADVANCE PATTERN #6 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
Entry: ▲ 485
SL: ☢ 440
Target: ➚ 550/600/670
RR: ☈ 1:4
☆ Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✮ Disclaimer ✮
--------------------------------------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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► ADVANCE PATTERN #5: IBULHSGFIN ◄► ADVANCE PATTERN #5 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
Entry: ▲ 250
SL: ☢ 230
Target: ➚ 295
RR: ☈ 1:2.3
☆ Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✮ Disclaimer ✮
--------------------------------------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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► Advance Pattern #4: POLYPLEX ◄► ADVANCE PATTERN #4 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
Entry: ▲ 740
SL: ☢ 700
Target: ➚ 820
RR: ☈ 1:2
☆ Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✮ Disclaimer ✮
--------------------------------------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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► Advance Pattern #3: SUNTV ◄► ADVANCE PATTERN #3 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
Entry: ▲ 550
SL: ☢ 500
Target: ➚ 680
RR: ☈ 1:2.6
☆ Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✮ Disclaimer ✮
--------------------------------------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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► ADVANCE PATTERN #1: RBLBANK ◄► ADVANCE PATTERN #1 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
Entry: ▲ 280
SL: ☢ 250
Target: ➚ 360
RR: ☈ 1:2.6
☆ Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✮ Disclaimer ✮
--------------------------------------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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RAIN industries BreakoutRAIN has given breakout on weekly chart,
Patterns:
Inverted H&S on Weekly
Cup Handle on Weekly
Fibonacci Retracement
on 21-Dec, it has given false neckline breakdown, however it reclaimed it with good volume.
it sustained above neckline after giving false breakdown of neckline.
it as given Cup& handle breakout on weekly with good volume
it has retrace 61.8% of fib retracement.
it has a potential target of 211.
horizontal consolidation breakout also seen.
At 21 weekly EMA, it has formed a hammer followed by strong bullish candle.
LIBERTY SHOES - 1W TF - Inverse Head & Shoulders, Cup & HandleInverse Head & Shoulders pattern forming on Weekly Chart of LIBERTY SHOES. BUY 160, SL 132.9, Target(s) - 180, 190, 200.
Cup & Handle pattern forming on Weekly Chart of LIBERTY SHOES. BUY 182, SL 132.9, Target(s) - 220, 230, 240. Cup Depth = 112. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
BANKNIFTYFUTURE - 30M TF - Descending TriangleDescending Triangle forming on 30M Chart of BANKNIFTY SEP FUTURE. Another Breakdown in the offing or will it bounce back from the trend line? If one looks at the chart, it is clear that if it breaks 22700, 22500 is not that far away. On the upper hand, 23150 volume breakout -> 23400. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
BSE - 1D TF - Cup & Handle, Head & ShouldersCup & Handle pattern forming on Daily Chart of BSE. BUY 575, SL 479.9, Target(s) - 630, 650, 700. Measurement = 290. 590 is a key level.
Head & Shoulders pattern forming on Daily Chart of BSE. BUY 575, SL 474.9, Target(s) - 630, 650, 700, 720. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
COLPAL - Cup & Handle, Inverse H&S - 1H TFCup & Handle pattern forming on Hourly Chart of COLPAL. BUY 1405, SL 1339, Target - 1500. Breakout above 1400 with VOLUME, falling back below 1380-1375 key levels will be construed as a false breakout in this case, So keep an eye on Volume candles too alongside with Price action.
Inverse Head & Shoulders pattern formation in the process on Hourly Chart of COLPAL. BUY 1405 breakout with VOLUME. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
DABUR - 1D TF - POTENTIAL Inverse Head & ShouldersA POTENTIAL Inverse Head & Shoulders pattern forming on Daily Chart of DABUR. BUY above 530, SL 480, Target(s) - 600, 650. Measurement from top to bottom = 138. May need to relook at it again if there are some changes in the chart structure. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Cup & Handle pattern forming on Daily Chart of HULCup & Handle pattern forming on Daily Chart of Hindustan Unilever. BUY 2112, SL 2050, Target - 2280
Note: Risky trade enter closing bases.
* I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
INFY - Head & Shoulders - 1H TFHead & Shoulders pattern forming on Hourly Chart of INFY. SELL 700, SL 714.1, Target - 685. Volume Chart is a little bit tricky here. Break 700 with high VOLUME and it will give the results. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
BIOCON - Head & Shoulders - 1H TFHead & Shoulders pattern forming on Hourly Chart of BIOCON. SELL below 378, SL 394.1, Target - 360. Neckline break MUST be supported by volume, so keep an eye on the volume chart when it breaks the neckline of 378. Risk Reward does not look quite good here. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
SUN PHARMA - Cup & Handle, Inverse Head & Shoulders - 2H TFCup & Handle pattern formation on 2 Hours Chart of SUN PHARMA. BUY 485, SL 457.8, Target - 525.
Inverse Head & Shoulders pattern formed on 2 Hours Chart of SUN PHARMA. BUY 476, SL 442.8, Target - 510. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
DOW FUT AS PER TECHNICAL CHART PATTERNS IMPORTANT LEVELS.AS PER THE CHART WE CAN SEE THAT IT HAS ALREADY MADE FALLING OR INVERTED PENNANT CHART PATTERN.
AND NOW MAKING TRIANGLE ON CHART.
SO IF DOW FUT ABLE TO CROSS TRIANGLE UPPER LEVEL OF 24565 OR 24600 LEVEL.
THEN WE CAN SEE UP MOVE TILL 25800-26000 ZONE AS PER TRIANGLE.
BUT IF IT FAILS TO CROSS UPPER ZONE AND ABLE TO BREAK BOTTOM LEVEL OF TRIANGLE NEAR ABOUT 24350.
THEN WE CAN SEE CONTINUATION OF INVERTED FLAG POLE PENNANT BREAKDOWN WHICH CAN LEAD FOR FALL TILL 22700-23000 ZONE AS PER PATTERN.
IMPORTANT POINTS TO CONSIDER OR REVIEW AS PER TECHNICAL PATTERNS.
RESISTANCE 24565-24600
AFTER RESISTANCE UPPER ZONE - 25200-25800-26000
SUPPORT ZONE - 24350-24270
AFTER SUPPORT DOWN ZONE - 23700-23200-22800
This Tyre Is Going to Run the with Speed #SuperchartzKey levels:
Support: 2200
Resistance: 2400 2600 3000
Writeup:
Support and resistance levels are crucial concepts in technical analysis:
1. **Definition**: Support is a price level where an asset tends to find buying interest and reverse its downward movement. Support reversal, therefore, refers to a situation where an asset, which was previously in a downtrend, reverses its direction and starts moving upward from a support level.
2. **Market Psychology**: Support reversal signifies a shift in market sentiment. When an asset bounces off a support level, it indicates that buyers are becoming more dominant, and the selling pressure is weakening.
3. **Entry Points**: Traders often use support reversals as entry points for long positions. Buying near a well-defined support level can provide a favorable risk-reward ratio, as traders can set stop-loss orders just below the support to limit potential losses.
4. **Confirmation**: Traders typically look for confirmation of a support reversal. This confirmation may come in the form of bullish candlestick patterns, higher trading volumes, or positive news catalysts that support the change in direction.
5. **Trend Reversal**: A successful support reversal can signal a potential trend reversal from a downtrend to an uptrend. This can be a significant opportunity for traders to capture price appreciation.
6. **Technical Analysis**: Support levels are identified through technical analysis tools like trendlines, moving averages, and chart patterns. Traders use these tools to gauge the strength of support and the likelihood of a reversal.
7. **Stop Loss Placement**: Support levels also help traders determine where to place stop-loss orders. Placing stops just below the support level can protect against significant losses if the reversal fails.
8. **Risk Management**: Understanding support reversal is an essential part of risk management. Traders need to assess the reliability of support levels and consider the potential for false signals.
9. **Timeframes**: Support reversal significance can vary depending on the timeframe being analyzed. A support reversal on a daily chart may have more significance than on a one-minute chart.
10. **Confirmation from Multiple Sources**: It's often advisable to seek confirmation from multiple technical indicators or other trading strategies to increase the confidence in a support reversal signal.
In summary, support reversal is significant in trading because it signals a potential change in the market's direction and provides opportunities for traders to enter positions with defined risk levels. However, it's important to remember that no trading signal is foolproof, and risk management is crucial when using support reversal as part of a trading strategy.
► ADVANCE PATTERN #26: EDELWEISS ◄► ADVANCE PATTERN #26: EDELWEISS ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly ❤ like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and announcement 📣 regarding stock analysis.
▣ Key Highlights:
➟ Timeframe Weekly Ⓓ
➟ EMA 150
➟ Trend line ⍩
➟ Triangle Pattern ►
➟ Unique Confluence Ⓤ
📌 Levels are:
Entry: ▲ 73
SL: ✘ 68
Target: ➚ 85/100
RR: ☈ 1:5.4
Return: 38%+
Do your own study before Trade!!!
Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✬ Disclaimer ✬
--------------------------------------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
---------------------------------------------------------
► ADVANCE PATTERN #25: BSE ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨️ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly ❤️ like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me on social media ( Link at the bottom ) for more updates and announcement 📣 regarding stock analysis.
▣ Key Highlights:
➟ Timeframe Daily Ⓓ
➟ FIB Retracement 50%
➟ Trend line ⍩
➟ Unique Confluence Ⓤ
📌 Levels are:
Entry: ▲ 590
SL: ✘ 545
Target: ➚ 620/715
RR: ☈ 1:3
Return: 20%+
Do your own study before Trade!!!
Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✬ Disclaimer ✬
--------------------------------------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
IS IT SMART TO ADD SILVER IN THE PORTFOLIO AT CURRENT LEVELS ?MCX:SILVER1! NO FAVOURABLE CHART PATTERNS, NO TECHNICAL SIGNS OF REVERSAL.
Can a contra bet of long positions be initiated at current levels ?
Well, the retail investors looking for diversification of their portfolio's, have a great opportunity to add silver futures. The risk reward ratio is favourable at current rates plus there is a high chance of bounce back and short covering at the expiry.
But again,
One cannot predict the downfall from the current levels as there are no indications in the chart patterns. Just a blind trade.
The idea shared is for educational purpose only.
NARAYANA HRUDAYALA - Triangle, Cup & HandleTriangle, Cup & Handle pattern forming on 4H Chart of NARAYANA HRUDAYALA. Inching towards the upperend of the Triangle. BUY 545.10, Target(s) - 565, 580, 600, 620, SL/Support - 515, 510, 493-4, 486, 468-471. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.