Natural Gas Resistance & Support LevelNatural Gas Resistance Level is 495 & 520 & crucial Support Level is 465
Trianglepattren
Long on DCBBANKDCBBANK has clearly broken the 1and half year Trendline with a great increasing Volume.If it Crosses 100, then Target would be 126 which is around 30%.
Bandhan BankAlways follow Risk and Position Management❇️❇️
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Happy trading
INDIA BULLS HOUSING FINANCE : SHARP VOLATILITY CONTRACTION - India Bulls Housing Finance has suffered a rapid fall and now price has been trading in a range.
With upper range at 300 and lower range at 85-90 levels.
A Sharp volatility contraction is happening in the stock which can break on the upside.
Check the video for more details , risk reward for this trade is 1:4.
Cheers,
priceNpedia
BankNifty - WaveTalks : Five Elements to WatchGood Morning All,
Traders should watch these Five Elements to plan their trade next.
Penultimate Wave ( Triangular Wave)
Upper trendline
Upper trendline of the triangle shown in the circle can act as support so Index holding 41450- 41500 can push short term upside 41750-41800
Key Level - 41051
1st warning sign for bulls - break of key level
Critical Level - 40800
Most important level to break & bulls have to be extremely cautious
Pattern Unfolding Next?
Pattern which will unfold in next few sessions as it could be last wave (pattern) of the sequence which started from 37386.35 will decide the next course of action.
Once critical level 40800 is broken - Traders have to be careful.
TATASTEEL - Swing Trade - Symmetrical Triangle PatternThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
RADICO KHAITAN FOCUSFocus Radico Khaitan after breakout with proper risk reward and money management.
@trade_withpriceaction ❤
Will BANKNIFTY break the All time High and give us bull trade?If market cross/ closes (for swing/positional trade] above 41840 and makes a price action we can initiate a bullish trade OR else if it couldn't cross this level and makes a bearish price action/candle stick we can initiate a bearish trade
RAILTEL Triangle BreakoutRailtel breaks out from resistance of triangle pattern on high volumes on 1D timeframe. Initiate long position. Be wary upcoming earnings. Follow stop loss and target appropriately.
Rising wedge pattern in ciplaRising wedge pattern formed in Cipla. We can expect a good move below the trendline/ above the trendline.
Vedanta for a fall.Vedanta for a fall.
In the first long term wave, we are in the second correction of the wave two and if you see the wave, it is in a third wave fall of the 3 sub waves which could be as deep as .618 fib levels as per me.
Also, it is now at a triangle resistance at the top of the trend line if you see the dark white line and the volumes have weakened significantly with no buying momentum. The fundamentals are bad with a 61 percent los QoQ. Plus, commodities and interest rates have an inverse relationship because higher interests lead to increased cost of holding and weakens demand. Now with the potential rate hikes on cards, my view of Vedanta is a fall with a target of 253.
If we open below the 274 support line, it is a further confirmation. For safety, it can be taken when the triangle breaks down.
The metal index also seems to be in the second corrective wave and with rate hikes, a correction seems on the way.
Triangle Pattern & Psychology behind itSymmetrical Triangle Pattern & Psychology behind it
NSE:GESHIP - Triangle pattern on the verge of breakout
Everything is explained on the chart itself.
Entry can be made after the breakout. R:R should be according to appetite. This is no trade recommendation in any way.
Symmetrical triangle pattern reversal in GUJGASLTD. GUJGASLTD ( GUJARAT GAS LIMITED)
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Reversal of symmetrical Triangle Pattern.
📈It can give movement upto the Reversal target of 3250+.
📈There have chances of breakdown of support level too.
📈 After breakdown of support level this stock can gives strong down side rally upto -310.
📈 Can Go Short in this stock by placing stop loss Above 528 or last swing high.
📈 After breakdown this can give risk:reward up to 1:3+.
Triangle pattern breakdown in MINDTREE.In 30Min timeframe MINDTREE stock has given breakdown to triangle pattern with a breakdown entry below 3415- there are chances of going up to their Short target of 3250+.
KDDL LTD. UPDATETRIANGLE BREAK 21% AND RUNNING. after perfect triangle pattren break KDDl is ready for a big run.
Parallel channel - Looks good4 hours time frame
Good opportunity, add to your watchlist and take advantage.
PAGEIND - Channel patternChannel pattern - good opportunity, but wait for the confirmation and take advantage.
Add to your watchlist.
CGCL analysisformation of triangle pattern in stock
watch for breakout or breakdown
fundamentally a good stock
having support of long term trendline
United poly triangle breakout potential of 15-25% returns🔥🔥NSE:UNITEDPOLY
United poly triangle breakout potential of 15-25% returns🔥🔥
follow for more ideas 🙏
