DISCLAIMER:There is no guarantee of profits or no exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial...
Here is my 2 cents on HDFC LIFE as why I am very bullish on the stock 1.Inverse Head and Shoulders pattern on daily and weekly time frame. 2.Decending Triangular pattern on upside, signifying continuation of major trend i.e., uptrend. 3.100 day Moving Average support. 4.3rd time taking support on the trend line. 5.Stock taking support 3rd time at 0.236 Fibonacci...
In this stock there is multiple factors like support resistance Breakout , triangle breakout , downtrend line Breakout
IT HAS REPECTED THE HEAD & SHOULDERS PATTER GOOD UPTREND CAN BE SEEN
Keep an eye on Bajaj Finance it is going to breakout soon (Possibility of an Up trend). . Reason to buy: 1) Triangle breakout. 2) Taking support on previous breakout levels. . Best place to buy is at a retracement levels of 3429.95. Stop loss will be at previous immediate swing levels. . Calculate your RR ratio and take the trade.
ONE SHOULD NOW GO LONG AS OTS ELLIOT WAVE PATTERN IS ALMOST COMPLETED NOW. WHICH COULD LEAD TO TREND REVERSAL
Keep an eye on Hindustan Petrol. Expected momentum is in upward direction. . Reason to Buy: 1) Forming a triangle pattern 2) Taking support on weekly as well as daily trend line. 3) Formation of 'W-Pattern' (wait for neck line break) . Stop-loss must be below the previous immediate swing. RR ratio must be calculated and traded accordingly.
irctc consolidated for long - a break n triangular consolidation will drive to 1600+ if privatisation n sale in stake favour SL 1320
forming a triange pattern in 1hr TF expecting a long run, confirm and enter position
Voltas is forming a triangular pattern in 1 1 hour time frame and taking support on daily time frame parallel channels. . I'm expecting a break out in near time. Keep an eye on this stock expect a good rally whatever side it breaks. . Planning to trade for Intraday or max 2-3 days in holding. . Stop loss must be below the immediate swing or support level.
1.Wait for perfect breakout 2.Formed triangle pattern 3. check comment box regularly #tradethetip
Last time we have seen a symmetric triangle ( look into related ideas) and it breaks the trend line but it din't break our levels. This time also formed a symmetric triangle and hopefully it will break with good volumes and breaks our levels. Long / Short, Enter only on breakouts
Long Above 236 Stop-loss 219 Target: 321 The Minimum Price target is 278. But that's not where we should exit. After an entry, hold the stock until the trialing stop-loss gets hit, or 1:5 RR is achieved. There are plenty of techniques and tools to trail the stop-loss. One can trail the stop according to his/her risk appetite. I'll update the idea about...
You can see, it is making a triangle and taking support from 200EMA while retesting. Best Pattern. On Monday today, with observation we can buy this BUY BELOW 2800 SL: 2731 observation in 15 mins timeframe. Target: 1st: 3150 (Risk to reward: 1:7) 2nd: 3280 (Risk to reward: 1:9) I never trade with Risk to Reward ratio, less than 1:4
Triangle with a positive breakout, in a retest phase. Buy position: Risky traders can buy on Monday, moderate risk-takers can wait for the last kiss. In both cases, Target is 1800 , so it will give you a great opportunity even if you buy a Lil bit late. TARGET 1800 SL: 1476 YOU CAN BUY WITH A GREAT RISK to REWARD RATIO 1:7 SHARE YOUR VIEWS in the...
Here you can see a triangle has been formed, the rally after breakout has somewhat exhausted yet, the price is taking support from the 200MA which is a good sign for the stock to still go higher. You can take a position if you want on Monday, @33.20, and Target for 1st Target: Between 36 to 37 2nd Target: Between 41 to 42 SL: Look for a right SL in a smaller...
USOil 15 mins triangle pattern breakout
Despite the market sentiment being negative, this stock has finally given a triangle pattern breakout. Good intraday opportunity to capture good points.