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SANGHVIMOVSANGHVIMOV:- formed Cup and Handle Pattern on montly chart. keep on radar if break out the resistance go for long. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning
NSE:SANGHVIMOVLong
by AjayDhakad_Keep_it_simple
2
United Spirits Long opportunityNSE:MCDOWELL_N Stock -> United Sprits (McDowell) TimeFrame -> Weekly Hello all! United Spirits had been moving in a Symmetrical triangle pattern since 2012. It finally broke out of it 9 years later in September 2021 post which it started moving in a flag and pole pattern. After a year in October 2022, it broke out of its flag. This makes for a good opportunity to go long! The confluence of two bullish breakouts combined with support from 50-week EMA and both 200 and 50-day EMA further strengthens my conviction. Risk to Reward ratio also seems decent. *NOT A CALL*
NSE:UNITDSPRLong
by Traders_Town
Tata motors @ Buy above @425 This will be RockThe head and shoulders pattern forms when a stock's price rises to a peak and then declines back to the base of the prior up-move. Then, the price rises above the previous peak to form the "head" and then declines back to the original base. Finally, the stock price peaks again at about the level of the first peak of the formation before falling back down. The head and shoulders pattern is considered one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
NSE:TATAMOTORS
by pranjal1997born
Expecting a breakout in Glenmark PharmaceuticalsNSE:GLENMARK . Expecting a breakout in Glenmark pharma as the stock has been consolidating for many days between 350 - 410 range. Also RSI forming higher highs which could be a positive sign. Breakout above 412 looks good and there is a 200DMA on 420 level. Above which could be safer entry( to be checked along with volume of the breakout). Expecting the stock to move to 500 range for short term. If the stock retrace after breakout , expecting 410- 400 to be a immediate support. I have shared my views as part of study purpose not any recommendation. I am studying stock market and believe sharing could help improve my knowledge
NSE:GLENMARK
by RamRaju61968
4