Be ready for big upside move of RAIN INDPerfect setup for investors entry in RAIN INDUSTRY for traders entry they should watch big huge volume nd ready to enter
Wedge
Bajaj finance interesting formation Bajaj finance is looking for an interesting move . I feel its travelling in a channel inside a wedge . Which is almost totally looking like a right shoulder of an inverted H&S pattern. Above 6850 it looks like preparing for an uptrend .
This view is purely for an upcoming view not (immediate or intraday basis ) which we have to wait and observe in larger TF
Bullish on weekly time frame castrolI am very bullish on castrol ind 'also look on monthly time frame
Stock is giving good sales growth as well
Granules India: A descending triangle formation is formedA nice descending triangle formation is created in NSE:GRANULES .
Potentially price can break out or break down in any direction.
Trade: Buy above 365, SL: 355, T: 372/381
Sell below 355, SL: 360, T: 348/340
Equitas : Weekly Chart BreakoutEquitas Holdings : Beautiful Breakout on a weekly chart of #Equitas & retest done.
Stock ready to fire. Enter above safe entry levels only.
wait patiently for Target levels as setup is on weekly charts
Book partial profits @10% & trail the rest
Happy Trading !!!
HINDWAREAP FALLING WEDGE PATTERN this stock has made falling wedge pattern we can buy stock above 359 and target o 390 - 410
HindalcoPrice is consolidating in a narrow range. Sell below 447 with the stop loss of 451 for the targets 443, 439 and 435. If price show bullish sign then can buy above 453 with the stop loss of 449 for the targets 457,461 and 464. Any one who trade with strategy and manage risk can become a profitable trader.
Muthoot Finance Cmp 1080 dated 1611-2022 Trendline breakdownMuthoot Finance Cmp 1080 dated 16-11-2022
1. Trendline breakdown below 1075
2. Rising Wedge Breakdown
Sell below 1075 for target 1050-1030-1010-985 SL 1125
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 shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Banknifty Bullish Flag Breakout doneBanknifty Spot Bullish Flag Breakout done for long term can look for retest
around 37000-37300 levels for safe players with good risk to reward ratio
for such more analysis s m s 9 1 6 3 3 8 8 9 9 6
Disclaimer : only for educational and learning purpose
Wipro Breakout in Falling Wedge Breakout in Falling Wedge in Wipro on Daily time frame with increase in volume
Trade after complete retest and confirmation
TATA CONSULTANCY SERVICE MID TERM TO LONG TERM SWING#CONSULTANCY SERVICE Falling wedge pattern (down trend channel) breakout on weekly time frame, also posted good quarterly results, good fundamental stock. wait for retest.
BYU around 3260
TGT : 3430, 3600, 3835, 4043
SL : 3470 Daily closing basis
Disclaimer :
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Whirlpool Cmp 1530 dated 11-11-2022 BOTTOM CATCHWhirlpool Cmp 1530 dated 11-11-2022
BOTTOM CATCH
1. Hammer Candle @ Bottom & @ support
2. Almost after a correction of 25 % Hammer
Candle made. Price correction from high
1905 to low 1483.
3. Falling Wedge Pattern
Buy @ Cmp for target 1550-1585-1620-1650-
1660 SL 1500
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 shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
MINDTREE LIMITED MID TERM TO LONG TERM SWING#MINDTREE LTD Falling wedge pattern breakout & Double bottom pattern breakout on weekly time frame and also posted good quarterly results, good fundamental stock. wait for retest and good entry level.
Buy around 3575 to 3630
1st tgt : 4000
2nd tgt : 4480
3rd tgt : 5000.
Stoploss 3470 on day closing basis.
Disclaimer :
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
BANKNIFTY VIEW FOR SHORTShort Banknifty ONLY below 41910 with stoploss of 42055 and for a target of 41655
NIFTY ON BULLNifty completed it's double bottom pattern & rising wedge pattern. Nifty breakout these pattern on two weeks before. In last week, nifty closes above 18000 in daily chart pattern. Hence 18000 act as a strong support level. As per fibonacci retracement, our first target 18300 has successfully attained. And next target is 18600. It is a all time high. When nifty breakout the target, a huge momentum is there and has potential to reach 20000 and set a new high.
Caution⚠️
A market not only technical or fundamental based and news based also. So, if any negative news are come in future market can be go into a side ways between 18000 and 18600.
Disclaimer: A position has been taken by your own risk. So kindly do proper research and analysis before going to a position. And I'm not a government registered advisor, I'm a individual investor. I'm not responsible to your profit and loss. I'm just giving an information only.
Relience Short term Swing trade with rising wedge pattern...here is the chart which is explaining us the pattern named rising wedge and it already had given us a good breakout with some good volume and also retested it's trendline in lower time frames.so here we can go short if it gives us a move towards downside......
Keep in watchlist. Taking support in trendlineEverything mentioned in the chart.
Price taking support on its trendline. Previous Resistance now acting as Support.
If any bullish candle forms in weekly time frame, then go for a long.
Keep SL below the Trendline.
Quarterly result will be published on 10-nov-22. It will be safer to enter after that.
Setup is only for Educational purpose. Before Entering analyse carefully
Long setup. Keep in watchlistFalling wedge pattern in weekly chart. Also double bottom formed.
Enter only if price closes above 570.
If upcoming quarterly result is positive then we may expect a good rally. So keep in watchlist.
Reliance to reach 2800, will it break all time high? Reliance has broken channel and pattern.
Formed Bullish #Headandshoulder pattern
Will it help to break Nifty consolidation zone?
Head height giving Rs 250 price range.
Buy #Reliance Above 2611
SL 2510
T1: 2710
T2: 2810
Graphite India: Descending Triangle Breakout readyA Very Nice Falling Wedge / Descending Triangle pattern breakout ready. See the 350 level, multiple time bottom over long time.
Trade: Buy above 365, Target: 390 / 415. SL: 350.
Going to 120TATA steel
Consolidation bear flag could reach 120
Afterwhich it could decide the trend direction
Is it the right time to buy Amazon stock?On the monthly time frame stock is in a rising wedge pattern. It is also outperforming the market from the past few months.
AMZN is not holdingStock was near a major support. But it is falling continuously. It is forming a falling wedge pattern on the weekly chart. Because it broke a major support, we can see a short term bounce, but the overall trend seems to be bearish, until price breaks out of the wedge.
