It is consolidating from many weeks, and it is not so strong yet, but it is at a point where if it has to run this is the level where it can reverse, marked SL may hit, but the low market here is the ultimate stop loss, reentry can be found if SL hits, but worth considering the trade
1.A quick momentum can be expected with fresh breakout 2. If Price sustain then we can see new highs in coming days 3. Price is at bottomed support 4. Stock trend is in line with market trend
1. Triangle pattern 2. False breakdown 3. Break of resistance trend line 4. High probability to reverse considering the false breakdown 5. IT sector to show reversal 6. Extra ordinary Risk to reward trade
1. Double bottom neckline breakout 2. Reversal pattern 3. Risk to reward 1:4+ 4. False breakdown (Bullish trap)
1. Big rounding bottom pattern 2. ATH breakout 3. Risk reward is 1:6+ 4. Best entry triggers at retest 5. 5 years Breakout (probability for 2-3x returns)
1. Double rounding pattern 2. Fresh Breakout 3. Target as per technical is ATH 4. Breakout confirmed with Banknifty chart
1.Price at major support 2. Downward channel (most likely to breakout on upside 3. Risk to reward is very attractive
1. Very good and tight Consolidation 2. Risk to reward is very handsome 3. Probability of failure of such structure is very low 4. It can be good for positional investment
1. ATH & 52 weeks high 2. Breakout and at retest level, resistance turning into support perfect example 3.Trend is bullish 4. In line with market 5. Risk to reward is 1:6.75+
1. Price at support 2. RR is good 3. Trend is bullish
1. Price trading at support 2. Bullish falling wedge pattern 3. Risk to reward is 1:6+
1. False breakdown to trap sellers and price is back to above support 2. Have been in downtrend from a very long time, so a good pull back can be seen for swing trade perspective 3. If hold for long term, then considering the SL below the support and target at ATH, risk to reward is very lucrative.
1. Trend is bullish 2. Price facing rejection at pull back 3. Risk to reward is handsome, if price gives a pull back
1. We have a breakout and retest on the chart 2. Major trend is bullish 3. Risk to reward is 1:6+
1. False breakdown of monday candle low, if this was a false breakdown, then we can see price covering up even further in coming days 2. If small risk can be considered we can see new highs 3. Downward channel 4. Risk to reward is 1:3+
1. Trend is UP 2. Break of neckline of double bottom 3. Double bottom reversal confirmed to get in line with main trend
1. Fresh ATH breakout 2. Closing is with wick, there can wait for price to close above wick, or wait for a pull to find good RR trade 3. Trend is up 4. 7%+ ROI in last week, still long way to go with fresh breakout
1. Price trading at support 2. Before TL breakout if entry if made, some extra reward can be taken against the least probable stop loss 3. Chart is facing resistance from ATH, probability is to break the resistance in coming days