we can watch for the breaking and take wise trading positions
Moving in a pattern from a long time. Might respect it again and give long opportunity or might breakdown and create short opportunities. Worth keeping a watch!
Hello Traders: Gap May filled This Time mark as rectangle after 4 times retesting seems support is weak today one candle seen brokrn the support convincingly , Monday if continue level mark with support stay tuned mcpriceaction
Double Bottom Breakout above 526 Bullish Bias The Stock fell suddenly from 560 levels Opportunity to grab it at CMP Target 1 - 526 Target 2 - 542 Safe players can take entry at 526 Stop loss 505 for Target 1 and Trail SL for Target 2
This stock breaks flag pattern very bearish
glenmark pharma:- cmp 489₹ & breakout above 495₹ rounding bottom pattern made i think.. lets see view negative below 440₹ clbs
buy only above 318 SL with 280 tgt 1:2
Do you think a cup and handle is likely???
The Bearish Bat Pattern: A B point that is less than a 0.618 retracement , preferably a 0.50 or 0.382 of the XA leg . In addition, these structures are excellent trading opportunities when they form at distinct levels of resistance. Resistance 109-112 For targets 97 & support.
As the stock is consolidating in the Parallel Channel, if it breaks the short-term trendline it can again hit it higher line of the Parallel Channel!
Equitas holding:-- Symmetrical Patterns breakout successfully done buy around 55-56 and target upto 80rs with sl of 41-40 on clbs
TREND ANALYSIS & TRADE SETUP HEAD AND SHOULDER PATTERN !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short. Reward is 7-8 Times
Sell if sustained below 414 target 408 sl 429.5 **Educational purpose only