#HDFCBANK The last few weeks, HDFC bank has been trading inside the channel and within the channel, we can clearly see that it formed a double bottom pattern. It has broken the channel and even re-tested the neckline of the double bottom and is now super bullish. The buyers will be dominating the next few days.
Educational purpose only - Trade at your own...
I had prepared Westlife Development chart on 26-11-2020 that is yesterday. Its price was 419.25. There was clear breakout from the trend that was seen in the chart. Today the closing price of Westlife Development is 435.55 Can buy this in dips. Can see possible up move gradually as there is breakout. Technical target is ~497. Can go long with trailing stop loss....
Aisan Paints is forming a double top pattern in 1H time frame. Resistance at 2240-2245, Once the resistance is broken you can enter and the resistance should act as support. Earnings reports were also good with2.66 which is 28% above the expected returns. If the resistance is not able to break the enter a short position for a target of 2160.
As Nifty had formed an inverse head&shoulder on 15 minutes chart and today was a day it was sluggish moving in a flag pattern and closed after giving a breakout. Now it signs to move further to 11600 resistance levels.
ASIANPAINTS had a very powerful breakout and a retest.
The wait is over and rally has been started.
BUY@1830, Target1@1900, Target2@2100, SL@1780
Target2 will get mostly acheivable by the end of October.
All the best guys
Follow for more amazing breakouts and hit a like.
It is satisfying all the rules which we follow :
1. Always buy/sell with the trend.
2. Always wait for the last kiss/breakout.
3. Always buy the second candle after retest.
Please follow the marked levels to book profit .
SunTv might breakout from its hourly trendline.
Below 381 can give good breakout to 375 levels. If 375 levels are broken it can further move down to 365-368.
Market looks bearish tomorrow and this could provide a good shorting oppurtunity.
welcome to a trading plan for XRP/USD!
Important: Wait how the market reacts at the trendline and follow the direction!
PLAN A: Short (Trendfollow)
Target 1: 0,28221
Target 2: 0,21561
PLAN B: Long...