Kabra Extrusion has been in uptrend last 2yrs & witnessed correction in Yr 2023, though overall sentiments are positive. Price has crossed both the trendlines, along with rounding bottom pattern formation and is near the important level, which if crossed, will open opportunities for higher levels.
Pullback trading opportunity entry above the sloping line stop below the horizontal line stock in strong up trend .
entry above the line stop below the line consolidation brakout
From the high of 318, the stock corrected almost 64% and is currently trying emerge from a consolidation. A weekly close above 165 is important for momentum. However, always keep a strict stop loss as per your risk if trade doesn't go as plan. Note: Not a buy/sell recommendation. Please consult your registered advisor.
entry above the line stop below the line consolidation breakout
IEX looks bullish above 167. recently the volume has been increasing, which indicates the probable accumulation of the stock by institutions/pro traders.
Price moved slowly, steadily and made All Time High 21654 today. Will it make new record once again? Price is at the trend line support right now. As long as it remains unbroken, price has the chance to make history. Pattern : Trend line support. Range : Medium. Trend strength : Normal. Buy Above : 21680. Stop Loss : 21640. Targets : 21720, 21760, 21800 and...
Fundamentally strong and outperforming NIFTY. Breakout and retest from the downtrend channel. Buy @ 5498.55 SL @ 5192.80 T1 @ 6092.45 T2 @ 6352.20
As we can see NIFTY has successfully rallied over 800++ points from our analysis, now can be seen hitting an important RESISTANCE and hence if NIFTY fails to sustain itself above the given trendline then again a sharp sell off could occur else we can see NIFTY 22000++ so plan your trades accordingly based on the closing of this weekly candle.
Consider this as my own diary and not as a buy/sell recommendation service. I don't advise. entry above the line stop below the line consolidation breakout ( breaking the resistance )
entry above the line stop below the line trendline breakout bottom bounce ( positional trading opportunity)
entry above the line stop below the line Inverted head and shoulder breakout ( anticipation)
entry above the line( sloping line) stop below the line ( horizontal line) consolidation breakout ( triangle pattern )
Breaking out of inverted H&S Pattern. Breaking out of Counter trend line on weekly time frame
Consider this as my own diary and not as a buy/sell recommendation service. I don't advise pull back trading opportunity entry above the loping line stop below the line pull back entry short term swing trading opportunity
As we can see despite uncertainties, we analysed that NIFTY is bullish unless the trendline in breached below and is in good uptrend. Now we can stand by with our views that NIFTY could remain bullish till further upper trendline is tested which could act as a RESISTANCE so plan your trades accordingly.
#ADSL #breakout #failedbreakout #breakoutstock #ascendingtriangle #patterntrading ADSL : Ascending Triangle Breakout >> Momentum stock >> Probability of a Good upside due to Failed Breakout on the Downside >> Low Risk High Reward. Swing TradersCan Lock profit at 10% and keep trailing If u find the charts informative/educational/Knowledgable Keep sharing and...
Reliance has good breakout(2hr TF) after a quarter consolidation. Good target visible on the charts.