Trendlineanalysis
Bajaj finance chart dailywhere do bajaj finance go first ? What do you think ?
1. Bearish H&S is forming break below neckline. it will fall.
2. It will rise from Support zone.
3. It is forming a continuation pattern, it will rise after breakout above trendline.
4. it is making a bearish pattern descending triangle, it will fall.
Please do comment your answer.
my vote goes 2 option.
Note : only for learning, not a trading tip.
Astral AnalysisAnalysis Parameters- Trend Line,20 SMA, 50 SMA & Bollinger Bands
M TF- Took Support on 20SMA
W TF- Bullish Candle on 20SMA
D TF- Closing just below 20SMA (20SMA at 2091; closing at 2086
H TF- Above 20SMA
For long trade,
wait for the breakout over on daily TF over 20 SMA
T1- 2136
T2- 2204
For Short Trade, below 2064
T1- 2012
T2- 2000
T3- 1950
Keep a trailing SL on either side
CAROBORUNIV - Bullish Momentum with VolumesNSE: CARBORUNIV is looking for a breakout with a bullish candle supported with high volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along with the trendline support over the past few days which is creating the up trend.
One can look for a 9% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
M_MFIN - Breakout with VolumesNSE: M_MFIN is looking to breakout out from the consolidation range.
Today's volumes indicate demand and stock should move to previous swing highs in the coming days.
The stock has been moving along with the trendline support over the past few days which is creating the uptrend.
One can look for a 9% to 14% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
EURUSD Macro and Technical ViewPoor macros, #Gas prices continue to rise and the risk of rationing and high prices continue to haunt the continent. European gas contract are near to click a fresh all time high. On technical terms we can see multiple descending trendlines pushing the pair down . The fall below parity and quick 3 day short covering pushed #EURUSD to 1.02700. Current trading range for the pair is 1.02700 - 1.02000 and a break above or below that will decide further action. Technical Structure and Macro factors are signaling bearish action for upcoming days.
Tata consumer having more potential to go upafter breakout of regression channel tata consumer given a great up side move and agene it consolidating with big candles expecting one more up side moves with good intraday moves
chart its self is self-explanatory
When price closes outside of the Linear Regression Channel for long periods of time, this is often interpreted as an early signal that the current trend might be ending and a trend reversal might be near.
To draw the Linear Regression Channel, simply select the beginning of a trend and stretch the indicator to another point of the trend. The three lines of the Linear Regression Channel will self-adjust depending on the top and bottom of the trend.
GUJRAT GAS chart analysis Hello, I have done chart analysis with its support and resistance along with target levels. If you find this idea helpful then please provide thumbs up and share it and share your comments and suggestions on it.
Thanks!
Disclaimer: This is only for educational and information purpose. Please do your own research or consult with your financial advisor before making any investment decisions.
Reliance Ind / RIL - trade setup - 25 April 2022Reliance made all time high breakout on 21 Apr gaining over 60 points during the day. RIL helped a lot to lift nifty on the day.
on April 22 though RIL opened with a small gap down giving indication that this is the breakout level retest. This gave concern, as all time breakout should not have a intraday retest. Retest should have happened after 2-3 days after showing the strength. But the strength got lost very soon.
This huge dogi on daily chart is the second concern on RIL bull rally.
In 1 hr chart reliance has already made double top after the breakout, creating M pattern at top. This is another signal possible reversal.
Note: All prices mentioned here are as per spot.
RIL Trade setup for Monday 25 April 2022:
Trade setup # 1 (Short setup ) : If RIL open flat (between 2750-2758) and moves down
Short below 2747
SL - 2764
Target - 2700 / 2670 / 2630
Trade setup # 2 (Short setup ) : If RIL opens higher but below 2792
Short between 2787 - 2792
SL 2796
Target 2061 ( If RIL slips even lower then Trade setup # 1 can be executed)
I do not suggest attempting to go long as it will involve high risk sighting global cues and Dow/Nifty trend, and will demand constant attention. So not posting the trade setup. however the breakout level on the upside will be 2808 and target can be as high as 2850 / 2910
Disclaimer: This is just my view on the stock/index. I'm not a registered advisor on market analysis. The idea is published only to spread my views on the trend and price movement probability, and gather feedback to cultivate healthy discussions. Please do your due diligence before investing your money. Remember, you're responsible for your investments and trades.