traingle formation wait for breakout or breakdown more chance to reversal from here due to ressistance becomes support zone
price in sideways so wait for breakout more chance to break upward
price on downtrend but may be breakout from here so wait no trading zone
here two ressistance available, one trenline and one supply line wait for ressistance breakout
This idea is a follow-up to BLS You can check the Link to Related Ideas ( Detailed analysis done in 25th Aug Video ) Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
#ITC cash -Positional call 29.08..2022 Looks good above 315.10 Stoploss 308 Target 328-330/348 Cmp 313.55
#Glenmark cash for 1-2 days 29 aug 2022 Looks good above 375.50 Stoploss 369 Target 384/390 cmp 372.45
The very simple and powerful concept of trading is the Support and resistance is corelated with each other, if once resistance breackout after he acts like a support, this example you can see in the chart and verious charts. After lots of charts same pattern follow
Risk Reward ration is too good, but as it's small cap please maintain strict stop loss.
#Bandhanbk cash -Positional call 24 Aug 2022 Looks good above 297.50 and dips 288-290 Stoploss 280 Target 314-315/340 Cmp 295.75
rsi and price on negative trend due to support trend break down.
stock is moving on 100 ema and also taking support of rsi trend line support.
This Stock multiple support ..........24/8/2022 Long Side View
#Britannia cash -Positional call 23.08.2022 Looks good above 3706.10 Stoploss 3675 Target 3734/3760/3800 Cmp 3678.70
Route Mobile has a Doji formation at support levels of 1400. If the stock gives a positive closing this week, then one can look to go long in this stock. Route mobile is a CPaaS provider and is a strong player in its industry.
Bharti Airtel is finally making a move, it approaches a long term resistance line on above average volume after forming a beautiful double bottom on the long term support line and a long trade can be taken on break of this zone. Stop loss below the recent king candle Target near the High of the stock. Keep It Simple
price already stands on trend line and support line
rsi and stock price are on trend line support. price also near 200 ema which may become support. trend looks positive you can buy.