EASEMYTRIP: Strengthening to BreakoutEASEMYTRIP: Easy Trip Planners Ltd
In the chart:
PC-A1 = PC-A2 = PC-B1 = PC-B2
#WondersOfPC
At the time of breakout of PC-A1, candles consolidated in same PC's,
then went down and took support at Point P1, which is mid line of PC-A2
and with that Support it Broke out the consolidation.
Now, check the same for PC-B1 & PC B2
We had a good consolidation after the PC-A1 BO,
and recently broke down from PC-B1, took support at P2, midline of PC-B2
The chart build up is showing strength, one can add at CMP,
If overall market holds strong, we may see levels of ATH 475.
For swing trade,
CBSL will be of 389
Good pick for travelling and tourism industry exposure in the LT Portfolio
Tradingview
EUR/USD sell idea as you know the overall eur/usd in bearish right now .as dollar is strengthening all dollar related currencies like gbp/usd ,eur/usd , and nzd/usd are loosing their value so overall i am looking for short position next week.
the idea formulated when in 1h timeframe market is uptrend forming HH and HL to now break a HL (wick break ) which kind of confirm that next week market could reverse.
i hope you like the analysis and if you got anything information from this analysis then do follow me for more such analysis in the future
JINDWORLD - BO PossibilityBased on current momentum & Flag Pattern and 2 Bar reversal with strong volume - a high probability of BO.
Immediate target - 280, then 293 & 311 and then 356 possible.
Today's volume is the highest in the past month's daily volumes.
Also crossed Weekly Pivot and Monthly Pivot Upside
Currently trading Daily, Weekly, and Monthly 20 SMA.
Daily SMA 13>SMA 34> SMA 55
RSI- M:64.5 WK:57.6 D:60.2
Add to watchlist - trade as per your own study.
HCG - Swing Trading - 2022HCG - Swing Trading - 2022 HCG - Swing Trading - 2022 HCG - Swing Trading - 2022 HCG - Swing Trading - 2022 HCG - Swing Trading - 2022 HCG - Swing Trading - 2022 HCG - Swing Trading - 2022 HCG - Swing Trading - 2022 HCG - Swing Trading - 2022 HCG - Swing Trading - 2022 HCG - Swing Trading - 2022 HCG - Swing Trading - 2022 HCG - Swing Trading - 2022 HCG - Swing Trading - 2022 HCG - Swing Trading - 2022 HCG - Swing Trading - 202 HCG - Swing Trading - 2022 HCG - Swing Trading - 2022
Don't use this chart it's only testing propose.
TATACHEM: Near Breakout, on the way to cross ATH.TATACHEM
The parallel channels drew in the chart:
PC-A = PC- B
PC-C = PC-D
All of the four PCs are exactly of SAME width
#WondersOfPC
At point R, levels of 1180, candles respected the resistance of ATH, and came down towards 1030.
There, the candles got strong Support of point S which is the midline of PC-C, and bounce back towards the levels of point R again.
Now today we are at the same levels of point R, conforming the BO of PC-C.
With this strength, we have a strong view that the candles will cross over the Resistance of ATH, and we'll enter new zone
Good time to enter at CMP, we may face some consolidation between 1180-1195, this levels also have resistance of midline of PC-D
for swing trade,
CB SL will be 1124
Near term target 1260
If view goes wrong, we will have better opportunity to pick more for LT portfolio at 1125, and at every dips.
And overall market holds strong from here, we can see stronger Breakout of PC-D
DEEPINDS: PC Breakout with High Volume#WondersOfPC
Slope of PC-A1 = PC-A2
And PC-B1 = PC2
This shows DEEPINDS respects Parallel Channel very well
With the Breakout (BO) of PC-A1 at 195, price rallied to 277, where it created Highest & Start point of PC-A2
The downtrend from there, Candles remained respected the PC-A2 and price dropped till 177
Now check out this lowest point of 177 was the last support in PC-A1 from where the BO rally started!
And similarly in PC-A2 this support of 177 initiated the PC Breakout.
Check the Breakout Levels of PC-A1 & PC-A2, both are just same-At 195 !!
This Breakout has also taken rally to the levels of 277 with yesterday's closing.
Isn't this just wonderful, Just another magical thing of Parallel Channels!
Now what I feel, the overall market trend in Apr-22 had impacted the Breakout of PC-A1 and,
The bearish view pushed down the script to correction till the magical support of 177.
So the current Breakout possesses the double strength to rally further.
Also the volumes are just huge, that are strengthening the BO of 245.
For swing trade:
If opens above mid line of PC i.e. above 268, enter at same levels
If opens below the mid line, wait for the support of lower line of PC-B2
Target: 1st level-340,
then after some consolidation towards 390
SL:234
If view goes wrong, levels 220 are good support and great opportunity to enter with great RR ratio.
DEEPINDS is good pick for long term portfolio, one can add on every dips and BOs as per their RR.
LALPATHLAB: Bottomed out with strong PC, preparing for BreakoutPC-A = PC-B = PC-C
All three Parallel Channels (PC) are just Same in width and slope!
#WonderOfPC
Except for a one point that PC-A & PC-B were playing the role of Resistance and bring down it to lower levels of 1800,
while now PC-C is playing the role of Support and forming showing that script LALPATHLAB is bottoming out and being ready for Breakout.
If the overall market holds itself and won't fall further, we have a high chances that LALPATHLAB will give a strong breakout at 2900,
& lead it towards the 3500 levels,
One can add at CMP levels
But if overall market corrects further, be ready script might test lower line of PC-C,
it is a good script to add at every lower levels.
RESPECT STOPLOSS ALWAYS Hello dear friends and mates many regards to all of you
What I observed in Hdfc bank I am sharing with you that firstly it breaks a horizontal resistance which I mentioned as R1 for more confirmation I waited for breaking the second the second resistance mentioned R2 and took a trade so after taking the trade I kept a stop loss in my mind and in mine system too that if it will break the R1(which could act a good support now that earlier it was acted as a strong resistance) I will exit from this trade however how much this company is good on fundamentals but this is a pure trade not an investment or accumulation which I am doing so I have to exit if this will act as same which I kept in my mind, So what I want to tell you that I did not do this now look at the price now on currently it is trading below 45-50 points from my decided stop loss it is like 3-4% away from stop loss and know knows how much it can go more down from here.
Conclusion-: So I found a conclusion is that people are doing losses in market because they did not want to follow stop loss which is the one and only friend (STOPLOSS) of your in market and trading, people are making big losses because they did not want to take small losses as a stop loss and wiped out huge capitals in some risky instruments and trades and after they will say always that markets trading investments are bad instead of accepting their mistakes. So always try to follow your decided stop losses what ever they are technical or not and always put your stop loss in your systems not only in your minds too. Regards
TRIL #Watchlist
#TRIL (M):-CMP 51.95 Looks Good above 55, Ready For Big Blast :)
#Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions.