Falling wedge pattern breakout in SUNTVSUNTV
Key highlights: 💡⚡
✅On 1hr Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 460+.
✅Can Go Long in this stock by placing a stop loss below 426-.
✅breakout this can give risk:reward upto 1:6+.
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Double Bottom pattern breakout in LALPATHLABLALAPATHLAB
Key highlights: 💡⚡
✅On 1hr Time Frame Stock Showing Breakout of Double bottom Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2010+.
✅Can Go Long in this stock by placing a stop loss below 1915-.
✅breakout this can give risk:reward upto 1:2+.
Channel pattern breakout in TITANTITAN
Key highlights: 💡⚡
✅On 45min Time Frame Stock Showing Breakout of Channel Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2445+.
✅Can Go short in this stock by placing a stop loss below 2410-.
✅breakout this can give risk:reward upto 1:2+.
Falling wedge pattern breakout in HAL.HAL
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2715+.
✅Can Go short in this stock by placing a stop loss below 2518-.
✅breakout this can give risk:reward upto 1:5+.
Double Bottom pattern reversal in ASIANPAINT✅ ASIANPAINT
Key highlights: 💡⚡
✅ On 1D Time Frame Stock Showing Reversal of Double bottom Pattern.
✅ Strong bullish Candlestick Form on this timeframe.
✅It can give movement upto reversal target of 2845+.
✅ Can Go Short in this stock by placing stop loss Above 10890 or last swing Low.
Falling wedge pattern breakout in BATAINDIA.BATAINDIA
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1520+.
✅Can Go short in this stock by placing a stop loss below 1410-.
✅breakout this can give risk:reward upto 1:9+.
BAJAJ HOLDING : BREAK OUT ON WEEKLY CHARTBajaj Holding and Investment , India Based Investment and Holding Company which focus on income from dividends, interest and gains through investment held. The stock is in uptrend on daily and weekly time frame and currently was in retracement move. The move seems to be over now as the stock is stuck in a range and forming a PENNANT PATTERN. We may see breakout any time. Break out may lead to a new 52 weeks High. The Fundamentals of Company are strong with a Market Cap of Rs, 67,345 Cr and YOY stock yield of 15.76 %.
Analysis on Weekly Chart :
The technical indicators at current level are as under :
CMP : 6094.90
MA20 : 6038.13
MA50 : 6027.74
MA200 : 5975.53
RSI : 62.97 crossing over
MACD (12,26) : 14.020
ADX (14) : 33.12 ( Directional Strength - In range )
ATR (14) : 44.65 ( Highly Volatile )
Volume is Far below from the mean value, no buyers seen yet, however the stock is waiting for them resulting into break out. The stock regain its upward trend from 4541.30 and as per Elliot wave theory , we may see the third wave in this breakout.
Be prepared for the breakout in a or two days and hold for target 3 or a new 52 week High.
Rectangle pattern reversal in ASTRAL ✅ ASTRAL
Key highlights: 💡⚡
✅ On 1D Time Frame Stock Showing Reversal of Rectangle Pattern.
✅ Strong bullish Candlestick Form on this timeframe.
✅It can give movement upto reversal target of 2110+.
✅ Can Go Short in this stock by placing stop loss Above 10890 or last swing Low.
Triangle pattern breakout in SYNGENESYNGENE
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakout of triangle Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 600+.
✅Can Go short in this stock by placing a stop loss below 565-.
✅breakout this can give risk:reward upto 1:4+.
Falling wedge pattern breakout in ESCORTSESCORTS
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2410+.
✅Can Go short in this stock by placing a stop loss below 2045-.
✅breakout this can give risk:reward upto 1:4+.
NIFTY: CORRECTION AHEADAfter a five wave impulse down nifty is rising in a corrective structure on the upside. The corrective nature of the price action suggests that near term trend for the nifty50 is down and prices are likely to fall towards 17000 in the coming weeks. On the upside the key resistance zone is 18350 while on the downside key supports levels are 17650/17350/17000
ITC - All Time High BreakoutSo this chart of itc is in the weekly time frame, as you can see that, it has given a breakout of a trendline with a great volume of buyers.
And after a breakout, there were two green candles consecutive, with this it has broken its all-time high.
After the breakout of all time high, there was an opposite candle and then we got an inside bar so we got two entry triggers and we can see more of a good rally after the breakout of the red candle's high.
So our entry price will be 390 level and our stop loss will be low of the red candle and target you can expect big.
Note - I'm not sebi registered, this is only for educational purposes. Do your own analysis first.
Cup☕ pattern in tcs (long trade activated) TCS is making a kind of cup pattern on daily time frame also we can see IT sector chart is looking bullish now a days and today retest is also done so as per my analysis I found good risk reward 1:3 in this trade.I'm bullish on this particular stock. What's your opinion please share.
Happy trading.
Symmetrical triangle pattern breakout in DIVISLABDIVISLAB
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakout of Symmetrical triangle Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2970+.
✅Can Go short in this stock by placing a stop loss below 2800-.
✅breakout this can give risk:reward upto 1:5+.