Perfect rounding bottom on quarterly chart..
close above 61 may trigger further buying
wait for weekly close so be more strong..
T 68 and 75... SL 57 (as per weekly chart)
A 15 year historical breakout ... Picture is worth 1000 words. Will leave it for your comments..
Disclaimer - Only for learning and educational purpose and not intended for trading..
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
The above study is just a practice after studying the chart patterns
while I have discovered this pattern as per the study waiting for the CUP & HANDLE formation to complete
Disclaimer - This is not a Stock recommendation.
Investments in securities are subject to market risk. The value and return on investment may vary because of changes in interest rates,...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
As i shared previously some days back my ideas about NSE:GMRINFRA its facing resistance on monthly tf today already 11% up and confirm it sign of strength and it will continue to trend
for long term gmrinfra monthly chart,
it breakout at 34 zone and moved up,
than retested breakout level abd again trying to go up,
one with high risk and managing it with appropriate stopout level , can try to ride long term upmove .posted only as learn via share . before act consult a authorised person.
gmr infra also broken more than 10years trendline..
while upmove sustaining second month ,
risky people can observe its upmove..as levels given
decide on ur own as long term.
risk is your
📉 Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Falling Channel
📌 Symbol/Asset: GMRINFRA
🔍 Description: Stock is in a falling channel. We might see downside from the resistance if resistance is not broken !!
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider...
theory based on
ichimoku + fibo levels + rsi
buy entry for target 55.7, 55.95, 56.5
stop based on comfort
can enter 55 ce for option players at cmp 2
disclaimer - trade at own risk
