SYMPHONYSYMPHONY has given resistance breakout with decent volume. Showing trend continuation pattern.
SYMPHONY
SYMPHONY TRIANGLE PATTERN INTRADAY TRADE The stock has formed TRIANGLE PATTERN pattern on the
15 MINUTES TIME FRAME chart.
One can enter above 1740 with a strict Stoploss of 1696
Target 1 - 1770
Target 2 - 1800
Target 3 - 1820
#INTRADAY TRADE
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
SYMPHONY TRIANGLE PATTERN INTRADAY TRADE The stock has formed TRIANGLE PATTERN pattern on the
15 MINUTES TIME FRAME chart.
One can enter above 1740 with a strict Stoploss of 1696
Target 1 - 1770
Target 2 - 1800
Target 3 - 1820
#INTRADAY TRADE
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
SYMPHONY Triangle PatternThere is a triangle break out seen in Symphony in monthly time frame. Sustain above trendline leads to up
SymphonySymphony has broken out multi year range and ready to rocket upside but once it may retest the trendline as a pullback.
Educational purposes only.
SYMPHONY chart analysisSYMPHONY looks good by breaking out monthly trendline resistance.
It has long way to go as per techincal chart view.
STOPLOSS will be channel lower line.
Lets plan for long term investing.
Symphony-A support reversal with volumesSymphony is a good positional trade as it has given monthly reversal breakout
However, stock has not shown growth in previous few quarters which can lead to slow rally.
Q1 is always fruitful for AC-Fridge manufacturers. Lets wait and watch how this stock goes.
SYMPHONY LIMITED - Swing Trade - 23rd March #stocksSYMPHONY LIMITED (1W TF) - Swing Trade Analysis given on 23rd March, 2024
Pattern: AT WEEKLY SUPPORT
- Pullback candle at Weekly Support - Done ✓
- Strong Volume candle at Support - Done ✓
- Demand Zone Retest & Consolidation - In Progress
#symphony
SYMPHONY - heading towards 1250-1500NSE:SYMPHONY
cmp 960
heading towards 1250-1500
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
Symphony SYMPHONY AT STRONG SUPPORT
looking good at current level took decent strong bounce from these levels
decent fundamentals
PE at 55
strong technical bounce
Symphony up 15%? Reason explained post marketI am posting this chart so that we can trade this opportunity in future. I.e. Learning from the past and implementing in future.
Just look at the chart pattern, it looks like a bearish "flag" in 1 hour timeframe. Just look at the buying pressure at 1st 1 hour candle.
What's next?
Well, I am expecting this rally will continue after a retest at the "breakout level".
NEW ENTRY NOT SUGGESTED. Just wait n watch how the price react on Thursday, 22 April.
Keep a watch on SymphonyThe stock of Symphony has been following a descending triangle pattern. It has a strong demand zone near 800 levels and currently, its looking to give a bullish breakout from the trendline resistance. Next supply zone is around 1200-1220 levels.
The company has also announced a buyback at Rs. 2000/ share. Also, the summer heat might help boost the revenue in Q4 2023. These factors can support the breakout.
So, do keep this stock in watchlist as it is currently trading above 200 Weekly EMA and RSI breakout is also done.
Idea is shared only for educational purposes and please trade according to your research.
Symphony - Rally after announcement of buy backEngaged in the business of aircoolers. Now in a positive trend. Broken all short term resistance line. Also broken multiyear trend line. Buy back announced . retention of upward movement is impossible. Rally will ends after a maximum of 30% - 50% short term move . Short term candidate.
SYMPHONY Falling Wedge Pattern Symphony attempting to breakout on 1Week timeframe on high volumes. It is trying to break out from falling wedge pattern. It is a pattern within a pattern (Falling wedge in a Triangle Pattern). Go long after breakout confirmation.
Symphony Ltd - High Volume BreakupGood Fundamental stock in consumer durable goods sector.Promoter holding is 73% . High volume breakout happened. Higher chance for upmovement
Symphony: a probable long tradeSymphony is a seasonal pick wherein the yearly high is generally around April or May (denoted by red arrows). Achieving T2 will break the lower high trend
Little late to the entry, can be skipped if risk to reward isn't favourable
Awaiting Breakout in Symphony!!!! Symphony had given a much awaiting breakout above 1090 which it has tested earlier
two times but faced resistance but now with rising volume it has significantly crossed the level.
Also double bottom is visible which is a reversal pattern and now its a conformation of that.
Both RSI and MACD are showing positive signs and supporting the up move.
In short term 1250 could be seen but in larger time frame 1380 is possible.
#Enjoy_trading
SYMPHONY
CMP: 1111
- Took support around 820 multiple times
- Formed Triple bottom
- Descending Triangle pattern breakout
Breakout in Symphony...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
SYMPHONY LTDA wolfe wave has been spotted in Weekly Time Frame. After the covid fall the Wolfe wave has already activated.
Currently the stock is forming its 2nd Wave. The 3rd wave is yet to be initiated. Hopefully it will take a support from this level to 911 and initiate the 3rd wave. So it's a accumulation zone. One can accumulate from here or after getting a reversal.
Stop loss and Target would be updated later.
Chart & Analysis
ADARSH DEY
Positional trade reversal from support zonebuy for positional above 1050
keep Stoploss below 950
targets 1150, 1250, 1350
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
