#MARICO: falling wedge pattern 1. Falling wedge pattern Breakout
2. Price is trading at support
3. 14 months consolidation
4. Decisive breakout
5. ATH can be seen considering the consolidation and a new ATH can be witnessed
Stockstrading
Ceat Cup & Handle Beakout Ceat Cup & Handle Beakout
Target 3000/3200++
Auto / Auto Anxillary / Tyre Stocks in Focus
HINDUSTAN PETROLStock looking good for an upmove showing a good bottom structure and a downward trendline breakout and is looking good above 265 levels towards targets of 300-350-450 , currently it is stuck in range between 255 and 265 , wait for breakout retest and SL at 250 after breakout
CONTROL PRINTCONTROL PRINT
Reversal seen with volume spike
Above 200, 50, 21 ema
a golden crossover seen
this chart is only for educational purpose do your own study before taking any trade
How to trade false breakdown set up1. 1:10 RR trade
2. Extraordinary RR trade
3. False breakdown to remove weak hands
4. 1.5% SL we can wait for weekly closing below it for set up to fail, if price sustains above support, then reward is handsom, worth the risk
Triangle pattern breakout 1. Stock price turning out with this breakout
2. Sep 2020 Gap has been filled
3. Breakout is decisive
4.1:4 RR trade set up
False breakdown set up1. Weak hands removed with false break down
2. Fresh breakout
3.1:10+ RR trade
4. Trend is bullish in all time frame
Fresh ATH breakout1. Freah ATH berakout
2. 5 months consolidation before breakout
3. 25% pull back, holding at upper levels.
4.Time wise correction
5.Simple breakout set up with very lucrative SL
Simple breakout trade set up1. Breakout with consolidation
2. 1:5 RR trade set up
3. Aggressive traders can keep a tight SL
4. Best part is price is in range of listing candle (Good base developed for upside move
Sign of strength of bulls-1 month consolidation is covered in a single day with about 15% up move, must have stocks in PF
-Trend is bullish in all the time frame
Pure Price action set up to trade 1. Weak hands have been removed with false breakout
2. Structure is bullish, calculated risk can be high rewarding
3. If price has to move and it intend to remove weak hands, then this should be the place price should reverse
Downtrend channel trading set up1. Chance are less to continue this downtrend channel
2. We soon can expect a breakout
3. Sure Entry is after breakout/ Early entry has it high reward for early risk
4. RR is 1:8+
5. Price is also reversing from FIB 61 golden ratio
Inverted H & S set up1.5 months formation of the H & S pattern
2. Trend- Bullish in all time frame
3. Very strong Breakout
Fresh breakout to make new high1. 5 months consolidation
2. Decisive breakout
3. Major trend- Bullish
4. Time correction-Sign of strength
Simple trading set up of support & resistance1. Price trading at support
2. Major tend bullish
3. 1:3.6+ RR
4. Price consolidating from June 2022
Ready for upside move1. 5 months consolidation breakout
2. After trend reversal breakout retest is also done
3. Trend is in line with market
4.Risk to reward is lucrative
Pole & Flag Pattern Breakout1. Pole & Flag Pattern Breakout
2. 1 Year of consolidation
3. Breakout range is Big (Pull back is advisable)
4. Ultimate Targeted profit is 1:28+ RR (Long term positional view as per ultimate target)
Triangle Pattern1. Equal double bottoms
2. Triangle pattern Breakout
3. 1:3+ RR
4. Trend reversal set up
Downtrend Channel Breakout 1. Downtrend channel breakout
2. Inside bar breakouts
3. Reversal of trend
4. Only skeptical, as not much liquidity in this stock
Probable breakout set up in NMDC1. Price trading at support
2. Good consolidation inside bar for 8 trading sessions
3. False Breakdown to trap sellers
4. Major trend is bullish
5. Lucrative RR
Soon to catch its bullish trend1. False breakdown to remove weak hands
2. Price trading at support
3. No new low printed (sign of reversal)
4. Risk to reward is 1:6+
Bullish set up with high bottoms1. Trend is bullish in all TF
2. Bottoms shifting higher
3. Price trading at support
4. Risk to reward is lucrative about 1:4.3+
