As mentioned earlier post that might be today will be trend day or same tight sideways and it happend market didn't moved to new direction.
market players want to stop out as many players as possible before a breakout it started with morning flase break out then all went in a range
Bulls are facing strong resistance as they failed twice to break 45600 level...
tata teleservices has broken out of descending triangle pattern as well as taken a beautiful support from 50 EMA.
Current view is bullish with expected swing trading target around 107 for swing and 135-145 for positional trading.
- Looks like buyers are coming in bulls above 43300 - 43350
- As per trend it shows downward move has been denied by buyers and todays gap up opening comirms buyers trying to pull back up.
- May be a gap up opening can be there which may triggers buyers
- Sellers below 42800 till 42600 but beware of traps here
- Support also at 42600 and resistance at...
Personal, I am waiting for MARICO to drop below 510rs in the near future for my first entry into the company. Marico has a complete dominance in the oil industry, and right now, Marico is heavily focused on their Saffola brand, with an aim to generate 850cr in revenue from the brand.
And the earnings from saffola in 2022 is extremely strong and expanding.
💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis and Real-time trades that I take too :) 💲💲
🔰I too am a learner and would love to learn with you all :)
🔰Well, this is a transparency series created by me, here I will take the trades and then post them, will also tell how much I invested in it and what are my targets, when I exited, what were my...
This guy has broken the descending Trend Line(TL) after a good time of3.7 years,
so after respecting Descending Tl for a while buys have shown full strength and Broke out the resistance with full strength.
We can enter right away keeping SL below TL which is 99-100 and can expect at least its 5x.
Best of luck traders/investors.
> We will enter only the price is...
This guy has been on a roller coaster ride for a month, I've been waiting patiently for the price to come at this level.
One can enter with a minimum Risk below Trend Line(TL) which is 69-70 and 1st target will be 101 and 2nd target will be 112.
Enter with your risk appetite, enter with minimum Quantity and enter only when you are 100% sure.
As we can see in the charts, the price is under consolidation for years.
One can enter when there is a Break out with a good volume.
Until then we will watch patiently and wait for the BO.
> A great trader says, the market is 10% buying, 10 % selling and 80% is watching, observing, collecting information.
Hudco is forming a wonderful set-up,
It is taking solid support at Ascending TL as shown in the chart
and also it has given Triangle pattern BO which gives double confirmation to enter on the long side.
Risk is very simple 5 % below the Trend line and Returns would not be less than 50%.
> We will only enter a trade when there is low risk and high...
As we can see in the charts that Lupin has formed Flag and pole pattern,
so the logic behind this pattern is,
as much as the pole candle is formed we can expect the same after the breakout of a Flag pattern
which is 12%
We can see in the charts clearly explained.
SL: 1210 or as per your risk appetite
TP : 1350-1375 (that is 12%)
Happy trading and...
Look at this beauty , how wonderfully it has given a BO
We can enter keeping the Stop-Loss below the trend line and can expect at least 20-25%.
> Patience is the key
> Wait for the right entry.
>Enter only when the risk is low.
VGUARD patterns look interesting,
We have to wait patiently for the Break Out which is 251.50 level,
Once it gives a BO it can give an amazing move upside.
> Patience is the key.
> Stock market is 10% Buying 10% selling and 80% waiting which is what successful trader/investors do.
Eris has a beautiful set up.
Breaking Ascending triangle pattern.
> We can wait for price to come at the retest level, as everything is mentioned in the chart.
>we will only enter when Risk to Reward is in our favour.
>Dont just predict ,enter when there is a solid reason to enter.
Best of luck everyone.
Hope everyone makes smart money.
> As we can see in the chart, the Channel pattern has been Broken down with a very good volume,
the Ascending Trend Line(TL) support was very strong as we can see Price took support from that
same TL 5 times in the past.
> After breaking the TL we can see the weakness in the candles, we can see huge rejection from the sellers.
> This is the right time to enter...