At 12 am SGX nifty is Near Breakout , making Assending Triangle Chart Pattern If Breakout will be successful Next Target for SGX nifty is 18750 If Breakout will be successful Nifty will Open Gap up Tomorrow 13 Jun 2023 If Breakout will be successful Short term Down Trend will Change . Plan Tomorrows Trade Accordingly
Banknifty is trading in inside descending triangle pattern from past 3 sessions, also trading inside today's 1st 15 min candle & trading inside last2last week's candle. Either side breakout could b good buy/sell opportunity upper & lower trendline as stoploss & mentioned target.
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MCDOWELL broke out of cup n handle pattern on hourly chart & about to break triangle pattern(above 780) on daily chart. Could be bought with mentioned short/longterm targets & stoplosses.
ICICIBANK consolidating between 935 to 960 from the last month. I am expecting it may give a break out soon.
I daily make educational content videos for swing / positional trading
BUY - AJANTA PHARMA LTD CMP - Rs. 1455 Target - 1: Rs. 1625 Target - 2: Rs. 1840 Target - 3: Rs. 1995 . . Technicals - Bullish Triangle BO . NOTE: Target - 1 will be achieved within 3 months, while Target 2&3 will be achieved within9 months. . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
NYKAA after long down trend is attempting to reverse with a wedge pattern. Will breakout hold?
In the Weekly Chart of SYMPHONY , we can see that; it has given a strong come from bottom by Rising start Candle pattern. let it form a retest candle then enter with SL and Go Long.
In the Weekly Chart of DRREDDY , we can see that; after failure, it is coming up strongly. Let it retest as shown in chart then enter with SL and Go Long.
*Stock at All time high. *Ascending Triangle Breakout in weekly *Wait for retest of breakout support to confirm genuine breakout. *RSI divergence in daily and monthly indicates loss of bull momentum. *Bears may take control soon. *Opportunity for Selling options(Call Strangles). (Neutral to Bearish View for this week).
SELAN is looking good for break out. The break out will happen anytime. Nice chart pattern
Bullish view with chart pattern, and It is looking high probability
I daily make educational content videos for swing / positional trading
Don't be aggressive . if there is possibility for bullish-- entry: 44070 target-44290-44350--44450 . If down trend starts entry:43600 t1-43400--t2-43100 . possibility for stoploss hunting will be there. Don't trade in "no trade zone" Trade carefully. . after breaking green box mentioned, trend will be confirmed. . . refer old ideas.
Icicibank 1htf Beautiful pattern Stock is at resistance Wait for breakout
This trading idea is for 8-6-23. nifty bank is in a picture perfect condition and is ready for a breakout. An ascending triangle pattern is clearly visible and a breakout seems evident. TP 1 - 44496 TP 2 - 44953.80 TP 2 can only be achieved if breakout is very strong. Some profit booking at TP 1 can be expected too.
Tata steel is trading in a narrow range. Symmetrical triangle chart pattern found in weekly candlesticks chart Low volumes indicates accumulation phase before breakout