Seshasayee Paper & Boards Ltd Ready to take off✔✔
enter @155-160 range
all studies explained in the chart.
reasons for this entry
🧩trendline are mentioned in the chart.
🧩there is a ascending triangle pattern.
🧩fundamentally almost good
hope you likedi it ,...
On daily chart - triangle (yellow line)
On weekly chart - channel - (purple line)
On monthly chart - (whitish line)
All are on same zone. Expecting some breakout soon.
Can be traded both the sides based on the trend lines.
Disclaimer - This is my own analysis and view. You might want to analyse yourself before trading.
SEYAIND : Weekly BO
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I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
PCJEWELLER is forming a cup and handle patter on the weekly chart along the downward sloping trend line. RSI is also above 50 indicating bulls are in control. We will be watching for the signs of breakout from this line. A successful breakout would have a price target of 45 based on previous support/resistance.
A multi-year breakout is about to happen in UBL on a weekly basis. Golden crossover has already happened in the Daily chart and is bound to happen in the Weekly chart which will create a new All-time High for this stock. With higher vol in the previous weeks, this stock will be able to deliver good returns in short to medium terms.
Hello everyone, welcome to this quick update:-
In Weekly Chart, Nothing Has Changed, Another Weekly Candle Closed Above the WMA50 (31880)..!!
8th Consecutive Weekly Candle Closed Above the WMA50 ✅
So far Bulls Defending the WMA50 (31880) But If Weekly Candle Closed Below the WMA50, Next Stop would be 24k..
If Bitcoin Remains...
HDFC Life has seen a breakout from triangle pattern in weekly timeframe.
We will get aggressive once the stock crosses 700, till then smaller quantities / SIP can be done.
All levels marked on chart.
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or...
Disclaimer: Please take trades according to your risk appetite & analysis. This chart is by no means intended to be a recommendation.
a) Rounding consolidation since 2018.
b) Important zone of 680-700 broken in May 2021.
c) Last week a strong bullish candle printed respecting the previous resistance zone now as support
Buying at CMP, for targets of 940, 1016. SL 646
On the daily chart, there is an ascending triangle breakout pattern.
On the weekly time frame, there is a flat top breakout.
Target: The triangle's width is measured and projected from the breakout level.
Stop loss: 5% less than the breakout level.
NIFTYPSUBANK Index is exhibiting inverted Head and Shoulders pattern on the weekly chart, with the price just about touching the neckline of the pattern. A measured move target would mean price going toward old time support/resistance line of 4000 on the index. We are bullish on the Nifty PSU Bank index with the price target as mentioned.