Shyam Metals Showing Reversal Signal from DowntrendShyam Metals Showing Reversal Signal from Downtrend with Clear Volume popup. Its Good Sign to Enter here.
SHYAMMETL trade ideas
Two Breakout in stock-New Year Party StartsA breakout is a stock price moving outside a defined support or resistance level with increased volume. A breakout trader enters a long position after the stock price breaks above resistance or enters a short position after the stock breaks below support. Once the stock trades beyond the price barrier, volatility tends to increase and prices usually trend in the breakout's direction. The reason breakouts are such an important trading strategy is because these setups are the starting point for future volatility increases, large price swings and, in many circumstances, major price trends.
Shyam Metalics Predictions Dated 26th Dec 2021Technical Patterns used are Trend Line Analysis and Double Top or Bottom + Neckline Break Entry. Recommended to do your own Research.
shyammetlNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Shyam metallics on a strong resistance.Keep a eye on shyam metallics stock, the stock is continuously falling on daily time frame and had formed a downward channel keep a eye on it watch for the breakout and go long as per your desertion and keep the stop loss below the support level.
watch for falling wedge breakoutbuy above 340 in intraday and swing
for swing keep stoploss 318 DCB
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
Shyam Metaliks: Traingle pattern (Time frame-1Day)Disclaimer: All charts are purely for educational and information purpose only. Invest or trade at your own risk.
SHYAMMETLon very good support level
we can see more upside levels in future in it
Not any recommendation
thank you ..!
Shyam Metallic - Descending TrinagleAll trade ideas provided are the opinions of the publisher and should not in any way be considered as financial advice. Please do your own research and consult your advisor before investing in stock markets.
Dollar Index|USDINR Pair |Nifty Metal IndexDollar Index Double Top,Weaker Dollar Stronger Rupee, Nifty Metal Index Breakout on Short and Medium Term Charts. Stock to Watch out for- SAIL, Hindcopper, Shyam Metallic and Energy
Shyam Metalics showing bulish signalsafter using xabcd pattern on the it is validating all the requirement are done and is ready for upmove
trg1-390
trg2-416
trg3-440
also RSI is showing bulidh divergence as the price is moving down
Shyammetl in Unchartered Territory For educational purposes only.
If the share is going below 352 better to dump and if it's going to climb above 362 before 14th Oct can get a good return. Sell 70% at 380 and hold the rest.
Low risk set up ✌✌✌This scrip is choosen for short term as it had low risk set up. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
ShyammettalicShyam metttalic is looking at its major support of 362 in its daily time frame buy at CMP for the target which is mention in chart remember shyam mettalic is listed at this price so it can be safe trade for the short term as I'm not sebi registered please consult ur financial advisor before taking place in this trade.
Shyam Metalic - Resistance Trendline BreakoutShyam Metalic
Price has given a Resistance Trendline Breakout
Can go Long From Here
Buying Range = 392-405
Sl = 382
Targets 430, 450
Shyam Metalics Daily Chart AnalysisShyam Metalics showing positive move and may give good return in short term.
No Trade Suggestions !!
Thank you
SHYAM METALNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
SHYAM METALICSSeems like a very good opportunity for swing here you can enter or wait for level I prefer doing parading for lower level as metals go for correction I prefer this to take for swing as a target of the all-time high. Do not keep SL too tight give some buffer
Shyam metallics and energyPrice range is getting narrow..Moving nicely in between both upper and lower trend line with drying up of volumes ...BO could possibly take place within few session
