JUBLINGREA Resistance BreakoutJUBLINGREA breaks out from 1 year old falling resistance line. It is also looking like a falling wedge pattern. Initiate long after bullish confirmation. Be cautious of earnings.
Wedgebreakout
TEXRAIL SHARE BUY OPPORTUNITY 46 LEVEL TEXRAIL SHARE buy opportunity 46 level and long term investment big profit exception my view and other technical view so comments box
ITC- SHORT positionITC after long support of 20DMA now closed a candle below 20DMA in the 1-day chart. On the lower side, we can see a trendline breakdown too and 50 DMA is our next TARGET.
Also, 10DMA crossed the 20DMA in the 1-day chart now we can trade for short up to lower support line.
The evening star candle was formed, showing a downtrend later on a Doji and a gap down confirmed the downward momentum of the stock.
Nifty 50 - Educational Analysis on why the 7% drop - ConfluenceThis is an education post of understanding some possible reasons when a correction happens
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Few Reasons for Nifty's Bearish Outlook (Short term)
1. Negative RSI Divergence - Price goes up and RSI goes down
2. Break of Rising Wedge Pattern
3. Break of previous swing low (17160)
4. Previous peak rejection making the 18100 as a double top
5. MACD divergence and crossover
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Daily
Hourly
On hourly Time frame
6. Broke a major trendline
7. With a Head and shoulders
8. A rounding top
So multiple factors and views indicating - A confluence View
BULLISH on SRTRANSFINNSE:SRTRANSFIN
The price has given the breakout from the wedge pattern after giving the breakout from the Triangle pattern. Other Information is given in the chart.
BTC Falling Wedge
I am overall bearish in BTC, but as per now a falling wedge structure is formed, which might result into bullish momentum.
#BANKNIFTY completes an ending diagonal and can head southBanknifty's upmove from mid Jul (from ~ 32400) has been impulsive - either a wave 1 of a new bull market or wave C of X of an ongoing correction ( heading to 30000-32000 region)
Whichever the case, the immediate direction is down if todays high of 40753 is intact.
The ending diagonal is clear and should soon resolve to the downside. Expect an initial target move into the 38420 area. The structure of this downmove should indicate to us the next course of action. For now - look for new lows if today's high holds.
Nifty should follow same direction
Channel Breakout in WockhardtFrom past one year stock was trading in a channel and finally it has managed to close above this channel.
Breakout happened on 19th Aug, today price have closed above breakout candle indicating a strong upside momentum in the stock.
Price level of 270-260 should act as immediate support. All possible targets are marked on the chart. Ideal Stop loss can be at 230.
This is just a view not a recommendation to trade. Do your own analysis before making any investment.
Share your opinion in the comment section.
NSE:WOCKPHARMA
Watch for a good pattern breakoutTinplate has made a good pattern in recent days. Held strongly by a support. Watch out for breakout.
Chart pattern and levels mentioned in chart.
Follow strict risk management.
CGCL - Swing tradeCGCL - Swing trade
Breaking out after a good consolidation.
A good RR ratio trade.
Deepak Nitire Heading Towards 4000 Buy with SL below recent swing low
Plan ur risk accordingly
Deepak Korgaonkar
Wedge pattern breakout NSE:JSWSTEEL
Wedge pattern breakout and 200EMA crossover done with good momentum.
Can go with long position
Thanks...
Deepak nitrite making a nice patternDeepak Nitrite is making a wedge pattern. Consolidation going on near important support zone. Watch out for breakout of the pattern for the proposed targets.
Pattern and levels mentioned in chart.
Follow strict risk management.
Niftybank making upward converging wedge patternBank nifty made converging up
wedge if this wedge will be
taken then height of wedge
will be the target
GODFRYPHLP share chart analysis for short termGODFRYPHLP share chart analysis for short term for educational purpose only
wedge pattern tradewedge pattern breakout done.
entry can be possible today at 9.15
Stop loss - low of yesterdays candle{74.5}
target-1st 97, 2nd-110
Watch out for wedge breakout in pidilite Pidilite making a good falling wedge pattern. Look out for sustainable breakout. Levels mentioned in chart. Follow strict risk management.
upcoming wedge pattern breakout .entry above 47
. SL -low of entry candle or 7-10%
. target - 1st-54, 2nd-61
One should take entry after closing around 47.
Happy weekend.
Amazing Index analysis | Swing and Intraday Ideas for 28 June I daily make educational content videos on financial markets
Breakout in RAIN INDUSTRIESBreakout in RAIN INDUSTRIES in Daily timeframe.
Entry: 175
Targets: 210, 240 and 255
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
