Trendlinesuport
BPCL NEAR SUPPORT TREND LINE- CHANCE TO GO LONGBPCL has been making consistently Higher Highs and Higher Lows and the Bottom Support Trend line is providing good support.
Now after making a Higher High on 9 June the price has been falling and it is near the support trend line at around 440.Now we have to see whether the Support holds and the trend changes. There is also a Bullish Divergence.
Keep a sharp lookout.
Important Trend Lines part IIthis is a continuation to my previous HAPPSTMNDS chart.
check out how beautifully the red bar has been taken as a support now.
also 1227 has been acting as a good resistance for 2-3 sessions.
hope it helps.
IIFL Securities - Flying in Blue Sky - Will DoubleAscending Triangle Breakout
Very high volumes show accumulation
Tgt: 81-110-143
SL : 48
R:R - 1:4
For education purpose
Wait and Grab | SBIN Keep in watchlist
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🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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l&TFH LONG Trend line support The Stock took support at trendline and 0.5% retracement level so wait for any reversal and took the position or else wait for a breakdown
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Reliance - Wait for the levels 💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
6000 on Bajaj Finance - Trade Review well, I posted It when it was on the supportive trendline, then again on ATH zones, now 6000 :)
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🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
ONGC - PRICE ACTION ANALYSIS💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
Deepak Nitrite : Excellent Risk Reward Swing OppurtunityNSE:DEEPAKNTR has broke out of ascending triangle and made a retest. The stock is currently at support level (Previous resistance) and is also taking support from the trendline which is a confluence. There is a good chance the stock might reverse from here and test all time high. Conservative traders can wait for a green candle formation at this level which adds another confluence of double bottom. The stock is consolidating for nearly a month and has good chances to rally from here.
This is just my view ,please follow your trade plan and risk management before initiating any trade.
ICICI Bank - Beautiful Parallel channel on 1hr 🔰 MY thought process :
⭐After a good breakout and reversal on the D chart now this beauty is moving towards ATMs
⭐I see a good 1hr channel pattern here opening upwards
⭐A very decent trading setup would be activated when it touches the 1hr support zones ( the lower line of the channel I made) and makes a bullish candlestick pattern :)
⭐Trade type: swing
⭐Pattern: parallel channel
⭐Buying on support and selling on resistance will be the setup type :)
⭐Risk will be minimal, SL below your entry candle, reward: top of the channel ( in this case it can also Touch ATM where some profit booking will take place )
⭐When not to trade this pattern: if it gives a close below the trendline don't trade leave the setup and trade :)
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
Also keeping an eye on JSW steel too seems bullish to me :), All the analysis already posted :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
BPCL | Full strategy | Description for details 🔰 Hello my friends, here is the story I see behind this stock:
⭐Fibo: Might come on 0.3 or 0.5 seems good to buy here :)
⭐Pattern: Ascending triangle
⭐Volumes: HUGE on the D chart
⭐Possible trade activation on green zones + fibo retracement and hold if broken the ascending triangle neckline
⭐Trade will be activated on 1D if it makes a green bar on those lvls
⭐Risk: closing below trendline = SL and target = Winning trades should be trailed only :) ( my thinking, still if u want lvls i can provide them in comments :) )
🔰Am I taking this trade: No---Reason: Already in the trades of Naukri and PPL as posted last time :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
ZEEL breakout Trendline support more than 4th time in weekly timeframe
Failed to form lower low
Trendline breakout
Double Bottom
Good buying range above 203 with a candle close
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
ZEEL BREAKOUT FROM CHANNELKeep an eye on this stock
logic
1. Weekly trendline support
2.Channel breakout
3.Huge volumes
4. Very good R: R
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
DABUR WEDGE PATTERNThe stock has taken support at the trend line we can expect a move upwards towards 570++
Zeel The stock is in the critical zone may it can just break down or else it can fly (My view it can fly because the took media sector looking bullish )
Note: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
TCS where from now 2845 or 3350 ?Daily Chart Pattern
on long time trade line Support
But on Short time frame Make LH LL Formation
Best buy for long
either buy on dip at 2850
or buy above on 3165
For Intraday
if open Gap Down below 3000
we can short and target will be 2950 and 2930 and 2880
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
#TATAMOTORS BUY TATA MOTORS 1ST TARGET 319, 2ND TARGET 340Tata motors sustaining 2 support levels, move getting positive in recent days,
Take a buy call for the first target of 319, and 2nd target of 340.
Suntv - Expecting 640 this timePrice took same trend line support and moving up for the third consecutive time and it has all potential to reach the next resistance level of 640.
BAJAJ Finance View - Mean reversion tradeNSE:BAJFINANCE Levels already mentioned..
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks.
ZEEL | Long Term Trendline Break | Go long 🎯----------------------------🙏🙏NAMASKAR 🙏🙏-----------------------------------
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⭕Positional Trading opportunity ! weekly Chart Alert !!!⭕
--Buy above =215.35 or CMP
--Target =258.85 | 297.80
--Stop-loss =173.85
--Lot Size = 3000
--R:R = 1.98
--Expected Profit = 2,40,000₹ per lot ( 38% )
--Expected Holding = 1-3 Months only
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⭕Technical Reasons to trade or Strategy applied :-⭕
1) Long term trendline break
2) Volume is so so .not that impresive
3) stock is now near support zone
4) overall stocks looks bullish ...keep buying on every retracement
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