EICHERMOT successfully broke free from a major downtrend, signaling a pivotal change in market sentiment. Subsequently, it proceeded to establish an encouraging uptrend pattern in the minor trend. Today, with a decisive breakout following a brief pullback, the stock has sent an unmistakably bullish signal that is difficult to ignore.
this stock showing good breakout with good structure and higher volumes
Adani Enterprise Cmp 2482 dated 25-9-2023 1. Hammer Candle @ support 2. Higher Lows. Buy above 2490 target 2510-2525-2540-2555-2570 2585-2600 SL 2425 It is just a view, please trade at your own risk.
Disclaimer: Not any advice, I am here to learn and track my trades by maintaining a journal. Viewers’ knowledge and opinions are more than welcome as it helps me to learn.
ASX:CUP nice strong candle in monthly. Getting ready for a trend change. Technical study - Educational purpose - Not a Reco - DYOA.
NSE:DIXON formed Bearish Engulfing, Bearish marubozu, Rising Wedge, Double Top and -ve RSI Divergence on Daily TF. ITs a high probability trade. Entry : 4920.30 Target : 4650 SL : 5225 RR : 0.9
Stock was in correction but it has started forming base( for clear view watch weekly time frame) and also as can see volume activities have increase from six five days looks like accumulation is happening. All of this thing is indicating that big move is about to come. I think this stock is good few months. If the support is broken than can move farther down side....
Detailed View about this Breakout: No.of Resistance: 3 No.of Support: 3 Consolidation Days: 250+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
TECHM forming traingle pattern, Also stock has given breakout of 1303.7 level with proper retest of resistance.
Analysis in HINDI 19636 to 19860 Inverted Hammer Chance of Positive Bounce Back Be Stock Specific
In this analysis, we will assess the technical aspects of AVTNPL's weekly chart to identify potential trading opportunities. We'll examine key patterns and indicators to form a comprehensive view. 1. Support on Rising Trendline and Good Demand Zone: The most significant features on the chart are the candlestick pattern showing support on the rising trendline...
In the Weekly Chart of HFCL , we can see that, it has Respected the Inverted Head & Shoulder Trendline. We might soon se a strong breakout. Enter on breaking Candle's high i.e. 78.60 with SL as 71.20. Book your profits as per your RR trade plan.
In the Weekly Chart of IITL , we can see that, it has multiple rejections at 110 level. Also, multiple Pinbars are created near trendline. Trade with strict SL.
In the Weekly Chart of ROUTE , we can see that, it might soon give a Inverted Head & Shoulder breakout if it breaks the trendline. Enter of breaking the high of Pinbar with low as SL and Go Long.
In the Weekly Chart of ADORWELD , we can see that, it gave Cup & Handle breakout in Second attempt. It has now retested the trendline and created a Hammer candle. Enter on breaking its High with Low as SL.
In the Weekly Chart of ADANIGREEN , we can see that, after the Cup & Handle failure, it is near the Resistance and in same range since 7 weeks. Also, 2 hammer candles have formed. Enter on breaking Current candle's high with Low as SL. once you enter, hold till upper target of 1700.
In the Weekly Chart of MEDPLUS , we can see that, it has retested the support second time. it might retest the W breakout trendline. Expected momentums are shown in chart.
In the Weekly Chart of ARVINDFASN , we can see that, it has multiple rejections at 360-375 levels. Let it retest the W pattern breakout properly and create a Pinbar or Halt candle then we will enter with SL.