Rising channel rangeArvind fashion running in a rising regression channel
price trading running above 200 DMA
stock getting volumes
RSI taken support over 50 two time and running above and rising
if stock again touches down side trend line then it will be good level for buying
if down side trend line breaks down then can be more down side
if stock breakout and sustain above trend line then more up side levels will be see
Trendlineset
BITCOIN - BTCUSDT - Trading at support level Key highlights: 💡⚡
📈 On a daily timeframe Bitcoin is trading at its support level which is around 18,942 level.
📈 since last few months script was in consolidation zone as highlighted in chart.
📈 script may give breakout of descending triangle in next few trading sessions.
📈 into that first target or we can say resistance can be around 25375 level and second target / resistance can be around 29717 level.
📈 with main support of around 18942 level and another support can be around 18263 level.
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy Navaratri 🕉️ 💃🏻🕺🏻
Happy learning with trading. Cheers!🥂
long term investment; min 40% returnfundamentally strong stock
earnings also good
there is no dept for this company
min 40 % returns possible
KOTAKBANK | Reversal inside the channel - Looks potential 25-30%KOTAKBANK | Reversal inside the channel - Looks potential for 25-30%
CMP : 1795 (Dip : 1730)
SL : 1600
Target : 2200, 2300 (Channel top)
1:4 risk reward setup
(P.S : Weekly time frame, may take time to perform. But stable stock worth holding)
NIFTY SPOT INTRADAY LEVELSHere are some levels marked on Nifty spot chart for intraday importance
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult your Financial advisor before trading or investing
Bullish reversal on TLBullish candle formation on D chart of HDFC Ltd on major TL. Swing traders can plan accordingly with SL below TL.
PVR | Breakout with gap up and retesting the level - 30% PVR | Breakout with gap up and retesting the level - Potential for 30%
CMP : 1590
SL : 1490
Target : 2060
1:4+ risk reward setup - High volatile stock - Handle with care
Trade Using Multiple Trend Lines
Important Note:- Very complex and professional techniques I have discussed in the below texts. So my friends read this minimum 3 times, otherwise you will not get the inside what I'm saying about.
See how a professional trader using multiple trend lines in a chart and find out opportunities.
1. Here you can see two old trendlines are there and two new trend lines i.e. support & resistance line.
2. Price has been take support and resistance in different different position of the chart and if we join them then we can see a different trend channel in different angle along with previous one.
3. Trend channel already change few months ago i.e. new support line and new resistance line.
4. Now break in the upside direction.
5. So we can take position on direction of the breakout.
But my friends there is something more in this story,
Actually we can't recognize multiple support and resistance in same direction , that's why we can't draw trend lines there. Reality is there is the difference, between professionals and intermediate or beginners.
We have to look into the chart in different way all the time then you can see the chart differently or in professional way. In this chart the price already break the old resistance line and now it's break the new resistance line with big bullish candle. Also previous support and resistance line nothing but a symmetrical triangle pattern.
By using multiple trend lines you can see the different opportunity in different position of the chart and you have to choose the correct one which have highest provability to move the price in your way.
I know this concept is little bit complex but if you download this in your mind, in near future you will get the taste of success.