Rounding Bottom Completed rounding bottom formation & anticipated nice move just keep eye on radar ...
Stockstowatch
CUP & HANDEL FORMATIONNice break out of cup & handle formation & looking good strength to spike soon...
Falling trendline breakoutHSCL looking attractive given breakout for falling trendline keep eye on radar this week ...
IDFC First Bank - Rounding Bottoms into Triangle Breakout IDFC First Bank has been in a long period of consolidation that has formed a triangle.
Over the past few weeks, such consolidation period can be seen to round off into two smaller bottoms, forming higher lows.
200 EMA support is pushing the stock into a triangle breakout now, which looks good to achieve the charted targets over the next few weeks.
L&T Finance - Trend Reversal in 5th Gear L&T Finance has been in a long-term downtrend falling wedge, that has beautifully drawn out into an Inverse Head & Shoulders reversal pattern.
The stock is now trading above all its long-term moving averages, which provides strong support to push up towards the targets indicated.
Godrej Agrovet - Breakout + Re-test of Falling WedgeBreakout of a falling wedge is a bullish reversal, which has taken support of the 89/100 EMA.
A re-test of the breakout has taken place, and targets over the short to mid-term have been mapped out on the chart.
Multiyear BreakoutIts near to break life time high keep eye on radar anticipated swing move up up to 680 soon
Maruti Monthly Inverted Head & ShoulderMaruti monthly chart clearly shows the formation of an Inverted H&S pattern.
Breakout awaited.
The tgt of a valid brkout, should ideally lead to the stock getting into its All Time High Prices.
But still the previous top will act as a major resistance.
One should take caution at that price levels.
H&S Pattern breakoutAngel broking had witness breakout of H&S breakout today as per line chart technical parameters looking good ......
Symmetrical Triangle breakoutSymmetrical triangle breakout & anticipated quick move levels mentioned at chart
Federal Bank - #RakJhun - Trendline breakoutFederal Bank is one of the Big Bull Rakesh Jhunjhunwala's big bets.
The stock has broken up above the downward trendline forming since March 2021, with a downward trendline formed since October 2017 very close above it.
Federal Bank is seeing some consolidation in this range before it makes the next leg up above the second trendline.
HAPPSTMNDS finally at buying zone can give 30% returnsI will buy HAPPSTMNDS because :
It has been taking support at the trend line .
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting.
Entry : 1333
Target : 1728
Stop loss : 1282
Weekly resistanceSubros have a nice stock & its closing near supply zone keep eye on radar its quick move at least 6% anticipated if its closed above 375 with given sl 360....
UPL: ENDING DIAGONALStock has formed an ending diagonal pattern. One should go long on cmp i.e. 740-42 keeping a stop loss of 720 & look for the target of 770-75 zone !
Mahindra & Mahindra - At important levelM&M has reached an important level. A close above this level will propel it for further upmove
CHOLAFINANCE : Pattern Failure Pattern failures are more profitable than regular trading patterns. One of the phenomenon can be seen on CHOLAFINANCE chart. A Head and shoulder pattern formation followed by a breakout of the neckline. But the prices immediately came back above the neckline & holding it successfully. This can be taken as pattern failure for H&S formation. One should go long with SL of 543 and look for the target of 620 and 650-60 zone.
PGHL price taking support forming a Triangle pattern Big move I will buy PGHL because :
It has been taking support at the trend line .
It is also forming lower heights
It is forming a Triangle pattern
If it breaks the support look at shorting
Entry : 5430
Target : 7527
Stop loss : 4997
AMARAJA BATTERY: TREND REVERSALAfter taking the support near 665 zone, stock is forming HH HL on shorter time frame which can be taken as first signal for short trend reversal . one should go long on cmp with SL of 740 & look for the tgt of 780/800 zone.
M&M - Swing Trade! Long!Simple Flag and Pole Pattern on weekly basis.
Simply hold 3-4 months. You'll get 10-13% average return monthly basis.
Happy Trading! :D
AFFLE : Looking for great opportunity to buy!AFFLE India is looking for great opportunity to buy before the stock split, Currently running in stage 3 of the ASM. Expecting to reach at 7000 for the TG.
Cup & Handle Pattern in Bharti Airtel DlyThe dly chart of Bharti Airtel shows a cup & handle formation.
Though Breakout is awaited.
Upon a valid brkout can touch app 720, 770.
Trade as per price action.
BEL SWINGBEL is ready to give multi year breakout. Follow Breakout+retracement pattern and buy near 200 210 levels ready to fly for 300 target.
