Cup & Handle formation is ongoing. Can be a potential breakout candidate. Volume is also picked up. SL: 160.
All the three Parallel Channels (PC) are one and the same! PC-A = PC-B = PC-C The strength of PC-C is crossing the highs of Apr-22 levels for the breakout and strongly retraced the BO at 105 levels. The huge buying levels at in Apr 22 at BO of PC-B and at BO of PC-C are confirming the strength in the BOs. What I feel is, the overall market trend in Apr-22 had...
PNB Housing CMp 445 dated 19-9-2022 1. Rectangle Bo @ 435 already done. 2. High Volume Surge 3. RSI BO Buy @ CMP 455-470-490-515-560 SL 400 It is just a view, pls trade at your own risk.
Good tringle pattern formed.. Daily trend positive. Heavy buying observed.. You can achieve target of 445+ on daily chart.. High RR trade.. Entry on 15 Min chart and hold for target.. RR - 1:7+ Note - For educational purpose..
Escort flag pattern breakout breakout happening with huge volume target can be 2300+ can retest to 2080 keep in mind sl mentioned in chart do ur research before trading
Power Grid is looking good on weekly chart by observing some factors in it likewise it breaks a falling trendline resistance strongly and gives a strong close above on it with nice gaining buying volumes and created a positive crossover divergence on MACD indictor so all things together giving a sign of coming more bullishness in it and we could see good up moves...
I have observed very good price action setup in IEX.. Very high RR setup Logic behind price action as below. We can see large volume green candle at resistance level.. After that you can see 2 higher volume red candles which tried to push price downward very hard but ultimately price could not break low and steadily volume and price stables in range.. You can...
Looks very good opportunity for buying.. RR - 1:4 For learning purpose only..
On smaller time frame trend is positive.. Breaks consolidation area... RR- 1:5+ If market supports then target of 480 to 500 can be achievable.. Thank you For learning purpose only..
Aggressive trade in Justdial Stock is making higher lows with increasing volume gives indication of strength in stock. Recent 4 doji candle formed suggest no movement as sellers and buyers waiting for breakout on smaller timeframe.. So if price breaks and sustain above 620 on 15 min chart then price can reach to target. RR - 1:8+ Note - For educational...
Looks very good structure for going long.. Supply zone breaks(Green line) on 15 min chart suggest strength in stock.. Simple logic is applied for entry and stop loss.. High RR setup RR- 1:6+ If you agree on this idea then like the idea.. Note - This analysis is for learning purpose only..
Bearish sign: 1. At the strong resistance level of 680 (which incidentally has 7.2 lakhs Calls written), a copy book Evening Star bearish pattern appears. 2. The COI (cumulative open interest) is reducing. 3. In OI chart, lots of PUTs are unwounded in the immediate support level of 650 (1.2 lakhs PUT unwounded). Only concern is: Volume does not pick up. RR: 1:1
BDL Cmp 839 dated 12-9-2022 1. Rectangle Consolidation BO @ 855. 2. Price Rise with Volume rise. 3. RSI reversal & on urge of Triangle BO. Buy @ CMP for a tgt of 855-870-900-920 SL 800 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means...
Follow given data on chart.. Respect Stop loss RR -1:5+ Note- For learning purpose only.
#WondersOfPC All the Parallel Channels namely A, B, C, D & E are SAME in all respect! And today's opening with gap up is triggering the BO for PC-E Already Volume gone above 15M+ at opening session only. CMP:317 ST Target: 350, later 405 Swing trader may SL of 289 While being a good pick for LT portfolio one may add up at every dips
Valiant Organics Ltd Cmp 685 dated 8-9-2022 1. Formation if Ascending Triangle Pattern. 2. Volume Rise BUY @ CMP for tgt of 710-735-770-825 SL 620 Higher Tgt 965 SL 590 It is just a view, pls trade at your own risk.
Important levels for 14/09/2022. The old buyer reference to watch for is 17808-17838. If we see buyers coming in at these levels, we can go long for target of 17968-17997. If we break and sustain above it, we can see price testing 18050-18100 levels also. But if we break 17800, we can short for targets of 17643-17660 an the final targets can be old buyer reference...
Important levels for 14/09/2022. Whatever we are seeing in the global markets at this point of time is super negativity but we should not consider these things as these are completely out of our control and one piece of advice please do not close your eyes and short as what we are seeing in our index of concern is a very nice uptrend. From the looks of it, we are...