Stock Name: Dish TV Chart Pattern: Ascending Triangle pattern Breakout: Confirmed breakout in the weekly timeframe Volume: Volume is good, supporting the breakout Stop Loss: ₹3.90 Target: ₹16 Risk-Reward Ratio: 1:4 Long-term Target: ₹16 within 6-12 months
Reasons for long 1. BN looking bullish 2. Price reacting from a weekly demand zone 3. In daily chart price made a "W" pattern 4. In daily chart price reacting from a daily demand zone
With a visible Bullish Flag pattern breakout, the stock appears strong, and is geared for an upleg journey towards the initial target of 740. Follow strict stop loss of 5-8% in case of trade going wrong. Also, be cautious below 404 as it may signal a downtrend. Note: Not a buy/sell recommendation. Consult your financial advisor.
A Bullish Breakout of Flag and Pole pattern is visible on the Weekly chart of NSE:MFSL MACD already gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. HIT THE ROCKET BUTTON IF YOU LIKE TO BOOST THE IDEA. Risk...
#SbiLife cash -Posiitonal call 18.02.2024 Looks good around 1492-1500 Stoploss 1460 Target 1537-1540/1600/1700 Cmp 1508.45 & High 1516.20#S
Coffeeday Enterprises seems to be in the 5th of C wave. Wave 4 is already complete and price in its 5th wave has already breached above wave 3. As per the guidelines the price is likely to reach in the range of 95-105 by the end of wave 5.
Asian Paints chart indicates good Support and Resistance Concepts of Technical Analysis and the W Pattern, also known as the Double Bottom Pattern. #asianpaints #wpattern #doublebottom #nifty
The stock took support at the 40 weekly moving average and is hovering near the buy zone. Positive momentum expected above the levels of 925 for an initial target of 1100. Will review once the target is achieved. Strict stop loss at 5-8%. Note: Not a buy/sell recommendation. Consult your financial advisor.
Successfully gave a breakout of supply area near 58, also price retest the area and gave a bullish bounce. We can accumulate few quantity from current level and wait for a pump up. Note: This is just for analysis purpose, please do your own research before punching any orders. 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView
Centuryply Ltd: Inverted H&S Pattern Stock breakout the neckline of Inverted H&S pattern and retested the breakout. 63% upside potential. Levels mentioned on chart. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)
Gave a breakout of the down trendline and successfully retested with a bullish pin-bar candle. Continuously attempting for a breakout of 170 levels which happens to be a heavy supply area. Momentum a bit mixed up. This can be a risky bet, but if price successfully breaks out the supply zone expecting a min target of 20% Note: This is just for...
NSE:NDL Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial...
Relience Indu Strong Breakout Strong Breakout Bullish Awesome Volume Education Purpose Only... Please Consult Your Financial Adviser Before investing.. Please Maintain Strict Stoploss... Book 70% at Target 1 and Rest Trail and Book at Target 2 ... Don't Risk More than 3% of your capital in a single Trade..
Is Paytm making disjoint channel. Will it be making bottom at 280(270) or it may try to touch 200
Since beginning paytm was in parallel channel. and going by this trend expect it to be keep following it
IF the shwoed it's move tommoew so as the axis , so as the whole banking stocks ... Favored foom the news RSI si under 45 too, amd still prettymuch away from it's resistence!
Cup and Handle pattern on weekly chart has formed and Breakout with high volume has occurred above the neckline. This stock has the potential to double in no time.
Good sign of reversal. Took support from the trendline. Target 180, 200+. Do your research before investing.