➰Hanging man followed by full body bullish candle with less upper wick and more lower wick.
PHILIPCARB | Trendline breakout & Retested the zone - 60% Its not the trendline giving me the conviction in this trade, it is the support zone (Marked) CMP : 188 (Dip 175) SL : 160 Target : 285 1:9+ risk reward setup Big trade - Hence trade with patience.
Entry : 0.83467 SL : 0.82412 TP : 0.89873 If You liked the analysis and if it works for you do reply. It will make my day.
Views are personal and for educational purpose only. Watch my other analysis also.
Bullish view Reasons:- 1.Dynamic support 2.Price support 3.Channel Pattern 4.Volumes indication of weak down trend 5.Fibo levels @ 0.5% If not an direct upmove we might see some consolidation and then the stock may shoot in upwards direction. The EMA and the support are very crucial levels lets see if they could sustain.
Banknifty simply broke a trendline and also gave a retest. If on monday price sustains above trendline intraday target would be around 34500.
Please read this completely before investing. Past Behaviour: WELCORP had consolidated between 123 and 101 for a long time before breaking out to 145 odd levels. The swing low before the breakout commenced an uptrend that is more aggressive than the one started in June 2020. Analysis The stock is consolidating above the previous consolidating levels and is...
A H&S Shoulder pattern indicates easy testing of the trendline again. Please keep a strict stop loss since the break of the trendline and below our SL level will be a downfall in the stock. The trendline is very very important since the trendline is being followed for the last 11 months, and hence the stop loss should not be modified unless asked to do so. ...
UPL | Simple trendline breakout - Short term pick - Its a high volatile stock hence plan your trade accordingly. CMP : 522 (Dip upto 505) SL : 490 Target : 605 ,695 Almost 1:6 risk reward setup for first target
KTKBANK | Cup & Handle + RSI breakout | Looks good for 20% CMP : 68.50 SL : 64 Target : 84
A long pending breakout is committed now with huge hourly volume spike. Also, buy till SL: 147 or spread your holdings till there as currently its a bit extended.
NSE:SHREYANIND Levels already mentioned.. Good for Swing... Appreciate our work by like, share and following.. Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views...
I catch every trend of NIFTY and stay as long as it exists using AI algorithms with Polynomial equations ,Customized volatility ,Fibonacci ratios ,Standard Deviation as main parameters. This a trend following approach with no bias on any side ,no human interpretation . Back tested for 5+ years of data . I have tested this approached for all NIFTY 50...
NSE:NAUKRI1! Hit the like button if you want to support my work. Trade was given on - 9th March -2021 Trade closed in PROFIT on 15th March -2021 Sold @ 4850 booked @ 4500 pints earned = 350 lot size = 250 PROFIT booked per lot = Rs .87,500/-
All the reasons for the trade have been mentioned in the image. --HAPPY TRADING
bel chart analysis for intraday and swing trading