RBA trade ideas
RBA - daily cmp 111Long trendline + flag pattern at trendline resistance.
Stock has corrected 60 odd% from highs
On breakout with volumes, this stock can give a good upmove till 126-136-148 levels. Furthermore, targets of 168 and 185 also can be achieved.
SL can be breakdown of flag pattern or any weekly closing below 90.
RBA in Triangle and channel breakout RBA was in a long consolidation inside the channel , it seems now to breaking out from it . Also it formed a triangle near top of the channel
Target achieved:- burger kingAs mentioned in the chart posted earlier
Target achieved even trading above the target price
I have booked fully
Will wait for next opportunity
disclaimer :- this is for demonstration and educational purpose only. this is not buying and selling recommendation
Downward Trend Line Breakout (trend reversal) in RBADownward Trend Line #Breakout (trend reversal) in #RBA (Restaurant Brands Asia Ltd).
BSE: 543248 \ NSE : RBA
What Is the Inverse #headandshoulders ?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends.
This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted.
It may be used to predict reversals in downtrends.
An inverse head and shoulders pattern, upon completion, signals a bull market
Investors typically enter into a long position when the price rises above the resistance of the neckline.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
RESTAURANTS BRAND ASIA - SWING TRADE IDEARESTAURANTS BRAND ASIA - SWING TRADE IDEA
1. Uptrend Channel Breaks out at 115.
2. Comfortable open and close above 115, so the next target will be at 125...
3. Quick Swing trade for 10 points.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
Expecting Breakout ✌✌✌This scrip is expected to break one year trendline in the coming days. So traders keep this script on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Restaurants brands asia (Burger King) about to breakoutI am new to technical analysis and I observed whats mentioned on the chat. Please like if you agree or want to suggest something.
On longer term its creating a symmetrical triangle, which is about to break. On short term its has created an ascending triangle. It had breakout and retested the levels. Very close to its 200 day SMA. Once it breaks the trendline, it can be a good buy opportunity.
I am learning so its not a suggestion or recommendation.
RBA is in IMPORATNT Level?Today Stock broke its recent (Apr 6) High), Now Stock is facing Major Resistance.
If it break LONG Term resistance with good candle and volume, then we may see strong upside movement in coming days. It has a potential to reach 150, after the breakout.
Wait for the proper breakout to enter.
Recent chart gives clear picture how bull are in control. Now its a testing time, whether it is a profit booking or genuine bullish movement.
This is just a view not recommendation to trade.
Share your opinion in comment Section.
NSE:RBA
bottom out descending triangle stock form descending triangle now with small stop loss and big target
chart pattern -
descending parallel channel on weekly timeframe
desceding triangle on daily time frame
Bull run startingJust for study purpose: It's looking good, move SL to 110 , when stock reach 120+. Best level to buy 104/105 or when nifty fall in next week. Target 150, within next 2-3 months.
RBA All detail for chat. good entry at 100 around price. and must stoploss is 90 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
burger king a.k.a RBAhuge disappointer this stock has been, after super ipo debut performance has been a dud throughout, lots of trapped souls here...
will its change?
