Get started

Triangle

VoltasPrice is consolidating in the form of symmetrical triangle. As per this pattern break out can be in any direction. Buy above 1485 with the stop loss of 1478 for the targets 1492, 1500, 1508 and 1516. Sell below 1470 with the stop loss of 1478 for the targets 1462, 1455, 1448 and 1440. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:VOLTAS
by vanathi
SmallMidCap CrackdownImpact that you see in smallmidcap indices 1. SmallCap 100 index has been travelling 1 way route since Feb '23. ~92%. 2. SmallCap 100 index reached 161.8% fib level. 3. SEBI has expressed worry over the substantial 92% increase in small-cap fund inflows during the first 10 months of this fiscal year, compared to the entire previous fiscal year. This surge has prompted SEBI to demand enhanced disclosures and investor protection policies from mutual funds. 4. Recently read a post where how many days it would take smallcap funds to create liquidity to settle on redemption(firesale) If symmetrical triangle breaks down in this week closure, 11.95% height of the triangle could lead to 61.8% fib level of ~13646.35. If breakdown & Mkt is still bullish then 38.2% fib level support is at 14737.50. It's good upto this.
NSE:CNXSMALLCAP
by naraykln
2 patterns in one chart - LICHSGFINI can see two patterns in the chart. Price formed cup and handle and before it gave break out, then price has formed an ascending triangle. 723 - 727 is the support zone. Both patterns are bullish. Buy above 730 with the stop loss of 724 for the targets 735, 741 and 748. Sell below 718 with the stop loss of 724 for the targets 713, 708 and 701. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:LICHSGFIN
by vanathi
GIPCL-A powerful breakout in this power sector stock!An eventful day after market reacted very positively to exit polls. Today, all PSU stocks and Energy sector stocks were extremely bullish. One such stock which has given volume breakout is GIPCL. All momentum swing traders can take a position for quick returns in this stock. However, risk associated is more as we can see a profit booking in market post results. A good long term stock as well since it has the name Gujarat in it which makes the adjective "Powerful" for it ;)
NSE:GIPCLLong
by chartistamey