Trendline-breakout
TATA CONSULTANCY SERVICES CHART 15 MIN TIME FRAMEHERE AS YOU CAN SEE TCS HAS SHOWN A BEAUTIFUL TRENDLINE BREAKOUT IN A UPWARD MOVE , EVEN RSI IS ABOVE 60 AND ALSO ABOVE 50 MOVING AVEAGE EXPONENTIAL. THE RED LINES ARE THE TARGETS AS PER MY ANALYSIS.IT MAY REACH TO 3100 AND IF IT CROSSES IT ALSO THEN THE NEXT TARGET IS NEAR 3140.
RELIANCE | One more in same stock but risky trade this timeRELIANCE | One more in same stock but risky trade this time. Suppose to take upon wedge breakout but risk reward is good here.
CMP : 2255
SL : 2230
Target : 2356
1:4 risk reward setup.
We made 4% on the same stock couple of days ago. Now lets see if we can get another 4%
#MINDAIND BO Candidate on Weekly charts#MINDAIND BO Candidate on Weekly charts
One can look to enter positionally. All details in chart.
PVR BreakoutThis is not a recommendation, but just a personal point of view shared for purely educational purpose. Before taking any position in this stock please consult your financial advisor. I will not be liable for any losses incurred for any positions taken in the above stock.
The stock is ready for a breakout to touch 1700 levels in the short-mid term.
RECLTD Ready for a BreakoutThis is not a recommendation, but just a personal point of view shared for purely educational purpose. Before taking any position in this stock please consult your financial advisor. I will not be liable for any losses incurred for any positions taken in the above stock.
The stock is ready for a breakout to touch 170 levels in the short-mid term.
#SRTRANSFIN Weekly BO and Re-test Done#SRTRANSFIN Weekly BO and Re-test Done today. One can add as per risk appetite with immediate support at 1175-1150 zone.
Details in chart.
CRUCIAL ZONE - CUP N HANDLE NECKLINE & TRENDLINE RESISTANCEPrice is at a very important zone, breakout from this zone can give a good move upto 540 initially which also happens to be the target of the handle sustaining above 540 can reach 560 & can also achieve the cup target of 600
NOTE : VIEWS FOR LEARNING PURPOSE ONLY
HDFC | cup & handle pattern formation | ☕Swing Trading opportunity ! 4 Hrs Chart Alert !!!
WAIT FOR BREAKOUT if not happen then pattern becomes invalidate
--Buy above = after breakout
--Target = 2340
--Stop-loss = 2250
--R:R = 3.64
--Expected Profit = ( 3.13% )
Technical Reasons to trade :- 🧢
1) hdfc has formed perfect cup & handle Pattern
2) volume is supporting
3) multitime frame analysis is bullish
4) stock is now at support
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
#POLYCAB looks good for 30% medium term returns!NSE:POLYCAB
Structure looks quite appealing.
- Break above long term down trendline after bouncing back from 200 EMA and halting.
- Volume has zoomed 6x above average indicating commitment in the breakout success.
- Immediate resistance stands at 930-950 region , above which price may fly on to test the ATH region which will be a decent 30% up move from here.
** Entry can be made immediately or upon retest of the down trendline.
Disclaimer: This is just for educational purpose. Investment/Trading carries its own risk of permanent capital erosion and mental drawdown as well. Do consult your financial advisor before getting into any positions.
P.S - Likes will be appreciated as well as your insights in the comment section as well. Thank you.