ASIANPAINTS - CLEAR BREAKOUT - DONT MISS - BUY AT RETRACEMNTASAINPAINTS shows a POWERFULL BULLISH SIGNAL . Traders who missed the entry still can wait for a retracement.
Their is no guarantee that a retracement would occur. but dont forget to enter if a retracement occurs.
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Trianglebreak
Triangle Breakout!!TRADING PSYCHOLOGY : The stock forms a triangle pattern when the tug of war between BULLS and BEARS is at the end stage where one is bound to give up.
AC line will act as resistance line.
BD line will act as support line.
when to trade : The candlestick has to break the support/resistance line with increasing volume to confirm the direction.
STOP LOSS: If the breakout is upwards then support line will act as stop loss.
If the breakout is downwards then resistance will act as stop loss.
PS : This is 15 minute candlestick chart so the targets are most likely to achieve in 1-2 days.
Perfect Continuation Pattern. BREAKOUTA big breakout in HAL from the symmetrical triangle and there is plenty of upside left in here.
The stock is running aimlessly since the announcement of Indian Authorities sourcing defense equipments locally for foreseeable future.
And HAL probably is the best listed entity for this sector. Stock just broke out for a symmetrical triangle and will continue it's run.
The stock is good for long trades both for traders as well as for investors.
CMP 950.
Entry after a pullback around 925
T1 985
T2 1050
SL 900
Trade and Invest after doing your own analysis
Cadila HealthcareDear All,
I feel it is going to make a new 52 week high now,
It has already broken its long time resistance and perfectly bounced every time from its support line
Volumes are very high, Pharma sector as such is booming in covid 19
So my analysis is very strong on it
Note:- All the analysis only for educational purpose, please consult your financial advisor for any buy or sell
If you like the analysis do not forget to comment, like and share it
I shall update you on the next course of action soon
Thanking you
PVR - Triangle BreakoutPVR has triangle breakout and retraced 50% now hurdle at 61.8 to cross for upward move.... RSI is taking support of trendline... Targets on chart...
Triangle Breakout!!TRADING PSYCHOLOGY : The stock forms a triangle pattern when the tug of war between BULLS and BEARS is at the end stage where one is bound to give up.
BD line will act as resistance line.
AC line will act as support line.
when to trade : The candlestick has to break the support/resistance line with increasing volume to confirm the direction.
STOP LOSS: If the breakout is upwards then support line will act as stop loss.
If the breakout is downwards then resistance will act as stop loss.
PS : This is 15 minute candlestick chart so the targets are most likely to achieve in 1-2 days.
PVR Entry above 1110 can look for 1150 & 1200Pullback above 1110 for 1150 & 1200 ( 15days View ) Do comment your Views
Symmetrical Triangle and Parallel ChannelGo long after it breaks the triangle.
1. It is traded in the parallel channel, taking support downside should touch the upper channel.
2. Centerline is around 1400 which should be our target 1.
3. RSI near 60 range.
4. Good green volume to be considered.
5. After a long time, it left 10 SMA.
6. OI is build up fo Long
Triangle Breakout!!TRADING PSYCHOLOGY : The stock forms a triangle pattern when the tug of war between BULLS and BEARS is at the end stage where one is bound to give up.
BD line will act as resistance line.
AC line will act as support line.
when to trade : The candlestick has to break the support/resistance line with increasing volume to confirm the direction.
STOP LOSS: If the breakout is upwards then support line will act as stop loss.
If the breakout is downwards then resistance will act as stop loss.
PS : This is 15 minute candlestick chart so the targets are most likely to achieve in 1-2 days.
The accuracy of this strategy is 80%.
Triangle Breakout!! TRADING PSYCHOLOGY : The stock forms a triangle pattern when the tug of war between BULLS and BEARS is at the end stage where one is bound to give up.
BD line will act as resistance line.
AC line will act as support line.
when to trade : The candlestick has to break the support/resistance line with increasing volume to confirm the direction.
STOP LOSS: If the breakout is upwards then support line will act as stop loss.
If the breakout is downwards then resistance will act as stop loss.
PS : This is 15 minute candlestick chart so the targets are most likely to achieve in 1-2 days.
The accuracy of this strategy is 80%.
Triangle Breakout!!TRADING PSYCHOLOGY : The stock forms a triangle pattern when the tug of war between BULLS and BEARS is at the end stage where one is bound to give up.
BD line will act as resistance line.
AC line will act as support line.
when to trade : The candlestick has to break the support/resistance line with increasing volume to confirm the direction.
STOP LOSS: If the breakout is upwards then support line will act as stop loss.
If the breakout is downwards then resistance will act as stop loss.
PS : This is 15 minute candlestick chart so the targets are most likely to achieve in 1-2 days.
The accuracy of this strategy is 80%.