Morning Star at several Fib clusters in HINDPETRO Wave C of Flat correction has fulfilled the rule of equality (Wave A and Wave C are equal).
There is also a Fib level of fib retracement of the previous impulse at this level.
We can also see the Morning Star pattern forming at this cluster.
This suggests a high probability of a buy trade in HINDPETRO .
Stop-loss for this trade can be put below 61.8%, i.e., around 360 level.
This analysis is for educational purposes only.
Swngtrading
BREAKOUT IN ARIHANTSUP📌SWING TRADE FOR NEXT WEEK🚀
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I am a Swing Trader by Passion i only trade on Momentum Stock's.
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📌TRADE ANALYSIS OF -ARIHANTSUP-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
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📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
Shakti Pumps - A Good Case StudyA Classic Wyckoff Accumulation Scenario.
Price ranged for nearly 6 months in the ~20% range.
There was a heavy buying imbalance (Demand) in mid-May that resulted in the price moving up ~40%, followed by a consolidation till now.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Power Grid Corporation Of India LimitedBreakout with very high volume in Power Grid Corporation Of India Limited
HDFC Asset Management Company LtdWedge pattern in HDFC Asset Management Company Ltd and reversal started from support line with increasing volume.
