#TCS Potential breakout towards channel top
This IT sector stock has been moving in a weekly trendline channel and had done an wedge pattern breakout back in august
Post which it had a pullback to channel bottom and now it seems to be heading back to channel to again by way of potential
Breakout from a previous resistance zone.Positional entry above a...
The stock continue trending up well within a channel after the rounding pattern breakout many weeks back.
Momentum and trend indicators are in bullish zones on all timeframes.Volumes are decent above 20 moving average.
Have tight stops for short swing trades as there could be weekly bearish divergence that could pull it down.
However the pattern could eventually...
#Titan heading further up in a long trendline channel with a resistance breakout today with all timeframes showing bullish momentum and trend.
retraced from the breakout and took support again and bounced back
this stock is riding a multi year trendline channel and has broken out of a previous resistance tested 4
times in 1.5 years. momentum is bullish on all timeframes but an entry now may not be ideal and
it could now take a dip in a week or two and reverse and watching the candle pattern on signals of reversals could give
a multiweek swing trade if there is patience.
#daburindia weekly momentum at bullish support within trendline channel
weekly holding within a trendline channel since long
momentum and trend bullish on all timeframes. sector is bullish.
momentum taking support near 60 multiple times on weekly indicating a medium term range shift.
#tataconsumerproducts. Short ,medium and long term momentum bullish with trend indicator showing rising in strength .
Last daily candle is a breakout wide range bullish breakout from past resistance zones with good volume making a new all time high level
and also making high high pattern In a trendline channel
As you can see TVS Motor is in Rising trendline Channel and it hold trendline support on 16-July and made a Bullish pin Bar Pattern, I know some people will say pin bar pattern only work in downtrend but try to understand the psychology behind the pattern still i am not bullish or bearish i will only buy above 397.