LearnersParadise

LearnersParadise

Chart Published is giving us a good look at the potential buying opportunity as it is testing weekly previous resistance zones as support. In Weekly charts it is testing the same levels which used to be resistance once and now acting as support. Price is holding these levels and making a range. But remember until it closes above the consolidation zone no entry...

LearnersParadise

Hello Everyone, It's been a long time since my last post but i promise now i will post regularly. Let's Discuss the Chart.. All the areas marked with red Circles are the point from where market has fallen and all the areas marked with green circle is where market has bounced back.. Every time market fell big Indicator was Overbought and every time we bounced...

LearnersParadise

Indusind bank is making great chart patterns. One of them is already posted as symmetrical triangle where stock now has no area left to move so sooner or later it will breakout either way. Let me show something in monthly chart:- Above chart shows how beautifully this stock respects 20 SMA .Earlier when it was trading above 20 SMA it was always coming back to...

LearnersParadise

Lt is giving us some signs to keep an eye on this. Let's look at some views:- One more View:- Along with this i have plotted one more pattern i.e triangle pattern with price action. 2 Targets have been plotted. Remember longer the target longer the wait time is.. Keep an eye ladies and gentleman. Cheers and Happy Trading.

LearnersParadise

It's Been a while since I posted . Planning to be back :) Tcs is breaking out with multiple patterns that we can look out. Let's Look at some patterns:- Triangle Pattern:- Another Pattern:- Cup and Handle or Call it rounding Bottom And the most underrated but most powerful of all:- Main chart is showing the price action it has created. It has...

LearnersParadise

This is a chart which is worth looking at. Monthly chart is reflecting that it is at its demand level in monthly time frame. Most importantly it stopped making lower highs and lower lows after a long long time. Last time stock moved to higher levels exactly from these levels and now testing the same levels again. Monthly Chart for the reference:- Looking at...

LearnersParadise

Acc has staying at higher levels since past few months. Consolidation started back in 2011 and it lasted for almost 10 years and with current scenario and policies all around future is looking bright for the construction & its components which makes it much more interesting. Monthly chart for the reference:- People who follow me or understand my style must know...

LearnersParadise

Beml is trying break its resistance which it has tested multiple times. Various pattern is attached for the reference. Cup and handle Pattern:- Inverse Head and Shoulder Pattern:- One other pattern which is rounding bottom pattern:- Above all this we can also look at volumes at current price which is rising which is indicating for further...

LearnersParadise

Cummins Ind has been consolidating at the higher range for a while. Last time it broke out from resistance it gave a good move and it is doing same thing for now. Weekly chart for the reference:- Keep an eye folks .Fingers crossed.

LearnersParadise

This stock is making a trend continuation pattern in weekly timeframe. A triangle pattern is always a good sign for a investor/trader. Weekly chart for the reference:- Some of its peers are also showing some good signs as well. For Example Hpcl is trying to break a longer term trendline and is trying to break a previous swing as well. If peers are also trying...

LearnersParadise

Varun beverages has been testing its breakout levels and and interestingly it has been consolidating near retest. Price has stopped making lower lows and now volume is pushing prices up again and again. A price action for the reference:- We can call it a triple R concept as well but not until it breaks out the red line marked at 933. Keep an eye folks...

LearnersParadise

Same old concept but worth looking at. Resistance tested multiple times. Stock creating higher lows. Ascending triangle pattern. Don't forget to checkout weekly chart as well. Most interesting part is volumes being generated in all these weeks. Don't know who is generating all these volumes :P Take entry only and only it stock stays at breakout level for 2-3...

LearnersParadise

Pel is one of those stocks who has not participated in the entire rally. And it was in a down trend for very very long time. After long long time it is trying to break previous swing high and is creating a W kind of pattern on weekly chart. Just look at those volumes which was being generated since quite some time. In daily chart it has tested its resistance...

LearnersParadise

Simple analysis:- Resistance of 2100 has been tested thrice already. Price making higher highs Stock trading above 200 ema Volumes increasing slowly near breakout. Created a box/consolidated near resistance. A break above 2100 can take this stock wings. Fingers crossed. Keep an eye folks.

LearnersParadise

Support turning resistance is the first point of this chart. Tried connecting a small Trendline which actually look like a small triangle on chart. Some thing that is interesting is that price already tried to go down below 200 EMA but buyers pushed it back up. Now volumes are increasing slowly. I have marked 2 targets:- Green one is smaller target and will...

LearnersParadise

Last time i posted this chart it did wonders. Hoping for the same again :P Keeping things simple it has already touched its resistance 4 times earlier. It is making higher lows as well.(Chart attached with price action marked) It has been consolidating at higher levels means near it's breakout levels with decent volume too. In daily time frame it broke out...

LearnersParadise

Some stocks follow some pattern magically well. I tried showing something which gets ignored very often. I marked 3 triangles and their differences and even marked the exact same difference after it broke out. Isn't it is fascinating that is exactly goes for the difference of the triangle. 2 successful triangle breakout has give us great return. Hoping for 3rd...

LearnersParadise

Hello Folks First of all Sorry for not posting anything. Now I am back and I will be back with a bang. Let's begin then. I have shared this chart when it was trying to break out from a W Pattern. Not what has happened is it broke and it came perfectly back to its breakout level. A perfect example of resistance turning into support More interestingly downward...