What is Trading in the zone | Example with trade Idea I daily make educational content videos on financial markets
Wpattern
Triveni Engineering & Industries LTD - Multiple Indicators 📊 Script: TRIVENI (TRIVENI ENGINEERING & INDUSTRIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY500nif
📊 Sector: Fast Moving Consumer Goods
📊 Industry: Sugar / Agricultural Food & other Products
DAILY TIMEFRAME W PATTERN BREAKOUT
WEEKLY TIMEFRAME MACD CROSSOVER AND DOUBLE MOVING AVERAGE CROSSOVER SOON
Key highlights: 💡⚡
This stock pick is according to my study. I have use few indicator that is
BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
VOLUME
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 Crossover in MACD .
📈 Already Crossover in Double Moving Averages.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 76.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 291
🟢 Target 🎯🏆 - 339
⚠️ Stoploss ☠️🚫 - 267/260
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
RHIM: Just getting out of consolidationIt's a W pattern formation.
Followed by the price is consolidating around the neckline trendline.
Today a smallish green candle formed out of the consolidation zone, breaking above a falling trendline.
Keep an watch.
DOUBLE BOTTOM PATTERN BREAKOUT IN DIVIS LABS.Hello traders , here is the analysis for this stock let me know in the comment section below if you have any questions , the entry will be taken only if high of today is taken out . I suggest you keep this stock on your watchlist and see if the rules of your strategy are satisfied.. According to me, an up move of 20-25% can be expected in DIVISLAB.
Keep trading ❤️
Hustle hard ✅
Bank Nifty - Next Stop 41000 ??Banknifty heading towards 41000 ??
Technically YES, as per the analysis it is forming W - Pattern and currently at resistance. We can see RSI Divergence indicates the Strong reversal in the trend which is a good opportunity for swing entry to go long keeping SL 38800 - Target we can expect another 1500 Points move that is 41000 will be tested soon.
W Pattern Reversal - Anchored VWAP SupportInvestment Pick !!
Accumulate with minimum 8-12 Months Mindset
Vinati Organics Ltd [ "W" PatternW pattern on Daily Chart
Based on previous supports and resistance one can enter a long trade
Target 1- 2180
Target 2 - 2276
Granules Daily TLBO and W Pattern BO with 200 ema support#stocks #buy Granules looks to go buy at 290-300 levels .. with SL of 275 and target of 360+
Granules Daily had TLBO and W Pattern BO also daily candle had 200 ema support.
SUNTV Resistance BONSE:SUNTV
#NSE:SUNTV formed beautiful W pattern and BO, good above resistance level.
Happy LEarning !!
W pattern Formation and Cup and Handle PatternAB Capital
Long
CMP @102.90
Entry@ When 1 Day Candle Closes Above 102.20 For
Target@ 109
SL@ 98
trendline breakout and double bottombuy above 4410 in intraday or swing trade
stoploss for swing trade daily candle close below 44250
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
M pattern Formation 26.4.22
India Nippon
BearishPattern
Daily Candlestick Pattern
CMP 445
Target T1/T2 if Clsoes Below 435 T1/T2 -390/380
SL If
BUY LT ABOVE 1627 | SWING TRADE1. At Support zone
2. W Pattern On Daily Time Frame
3. FALLING Wedge 15 min
Trading with W pattern in Bank NiftyThe idea is look for Double pattern (W pattern) on 15 min time frame in Bank Nifty and Nifty.
W pattern FormationNestle
Daily Time Frame
Bullish
W pattern Formation
Neckline @ 14440
Once breakout takes place above 18625
T1/T2/T3 are 18800/19500/19800
SL18270
W pattern FormationITC 10.2.22
Time Frame" Daily
W Pattern Formation Bullish Pattern
CMP: 232
Targets: 241/246/263 if Closes Above 238.40
SL 224
W pattern FormationBritannia
CMP
Target 1/2/3
SL
Formation of W pattern-Double Bottom:- The double bottom price pattern also defines a potential target. After the breakout of the resistance level, the market should gain in value by a distance equal to the distance measured from the first bottom to the top found between the two bottoms (distance X in the example shown above).
The double bottom is a slightly more effective breakout pattern than the double top, reaching its target 78.55% of the time compared to 75.01%.
W pattern in Gold. Bullish signs ahead?Although I am more of a trend follower, dabbling into Technical Analysis always excites me (which is literally opposite to the philosophy I preach). You can call out the contrarian in me and I will not have any issue with it. :D
Anyway, this example is another classic 'W' in the making. Once the resistance line is broken, there should be no looking back in short term.
Classic W Pattern in makingW and M patterns are classic patterns of a breakout or breakdown moves. In this case, W pattern gives a trader a better probability to profit over time if identified well in time.
The stock in action here is HAL.
