Indicators : - Inverted H&S formed with a rising neck line - Breakout from down trend line and 100 DMA - Stock is expected to give good quarter
NAM India forming Lower Highs and Lower Lows ( Downtrend in weely TF). The upcoming lower lows coincide with weekly demand zone which gives a good opportunity for institutions to use sell order to open long position ( use the liquidity). The levels are posted on chart, use volume and day end candle for further conviction as price reaches the demand area.
Nifty has traded in a close range and formed spinning tops. for intraday trade, a breakout in any direction with a strong candle will give a good opportunity for a trade.
KPITTECH chart is forming a rising triangle after a good retracement. Rising triangles are theoretically supposed to breakout to the upside and continue the price higher but practically you'll find many examples where it breaks down below the rising trendline. on the upside, the price is getting rejected on horizontal resistance and forming hammers/spinning tops....
Nifty has been in a correction for roughly 6 months and now it’s breaking out of the falling channel which coincidently intersects a Strong Resistance at the breakout point. The significance of a Support & Resistance line increases when the price reverses at the same point multiple times. This Resistance line on the chart is strengthened at multiple points...
Hi Traders! We posted this trade on 4th April. Till now 24% up. Let's wait whether it proves to be a wild horse. Target is long way to 120%.
Can go long on UPL FUT with the levels mentioned. Trail the SL when it approaches tar1. Disclaimer: Educational purpose only. Trade at your own risk
#Shyam Metallics - One of the newer gems to consider early entries. Why ? - Attractive FA - Downtrend completed. - Consolidation baseline formed. - Inverted Head and Shoulder Completed. - Clear signals of upside breakouts.
Can go long on Dabur FUT with the levels mentioned. RS and RSI looking good.Good pivot supports available. Disclaimer:Only for educational purposes. Trade at your own risk.
BHEL 1. Falling wedge Breakout with volumes 2. Has a resistance around 56.30 3. Looks like a good long candidate 4. can be bought at a retest of 53 or even at current levels
Inverse Head and Shoulders This pattern forms after an extensive downside rally. It consists of a left shoulder, a head, and a right shoulder. The left shoulder is formed after a big bear rally in which the volumes are quite large. At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the...
Stock is rising in impulsive manner. We can clearly spot impulsive nature of price action. Currently we can expect the 4th wave completion & the stock is rising up into its 5th wave. One should buy the stock with SL OF 610 & look for the target of 900-980 zone.
Stock is making a diagonal pattern, (should be treated as leading diagonal) . Anticipating a bottom formation one should go long on the stock on current levels with SL of 320 (clbs) and look for the target of 410 and 450 .
Stock is has formed a bullish flag pattern on weekly chart being the support region near 850 zone & resistance area at 1000 zone. Any sustained move above the level of 1000 will lead the stock to the new highs in a very sharp upside rally. Stock is consolidating from last 1 year , so the momentum after the breakout wil be strong. Trading strategy: Buy above...
Stock is taking a zig-zag correction. Any bounce should be taken as selling opportunity preferably in the region of 825 with SL of 860 and look for the target of 725/680
Helo, do you think about nifty triangular pattern. I have noticed it on daily basis timeframe. Nifty has formed a triangle pattern, if we consider some previous days chart on daily basis. Yesterday i saw this formation in Tata motors also. Do you think, these will be able to come out of the box ? I f it happens, should be considered as breakout in connection with...
Stock has given a fall in 5 waves and bounced in a three wave sequence. After the bounce rejected well & broken the support in today's session. This indicates stock is ready to fall further on the downside . One should go short with SL of 1740 & look for the target of 1600/1580-60
JHS Svendgard Labs is an oral care products manufacturer. After showcasing strength and emerging from a week long compression, we have returned to the origin of the impulse. Any reaction from our Point of Interest will give a good opportunity to look for positional/investment based longs with SL below the previous swing low on weekly timeframe. Disclaimer : This...