Breakout appearing.
Intra-month correction if any to monthly pivot or S1 could be opportunity.
Objective for the stock could be to move higher towards projection
Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 19th May, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your...
Bullish pennant Fortis.In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole.
Hey everyone! 👋
Last week, we took a look at a hypothetical scenario, where a rich acquaintance of yours needed help deciding between two traders he's thinking about staking. This led to the question: "Who would you stake?".
This post will continue right where that one left off.
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After getting the contact info, you reach out to interview the two...
Stock Name - Fortis Healthcare Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 325
#This is not Buy and Sell recommendation to any one. This is for...
NSE:FORTIS
#NSE:FORTIS formed beautiful rounding bottom and given Resistance BO and the level retested, fair chances to move up with decent volumes.
SL 280, Target Open.
Our friends got this level @ 248 and now trading @ 298 !!
Stock Name - Fortis Healthcare Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 301.
#This is not Buy and Sell recommendation to any one. This is for...
