LearnersParadise

LearnersParadise Updated 

This stock is breaking a trendline which it has already tested thrice. And most important thing to consider is this is the first time it closed above 1330 and that is with the closing near it's high. Some other points to consider is:- 1) Consolidated before breakout for good 4-5 weeks. 2) Volume was gaining while consolidating. 3) Today's Closing with high volume...

LearnersParadise

Timken India broke out from its resistance some time back and after breaking its resistance became support and as this is fresh retest it help itself beautifully.(Marked with big circles.) After retest it made a w pattern which is again a beautiful sign that stock does not want to go down. Small circles denote the present resistance at 1130. It has already tested...

LearnersParadise Updated 

This Chart gave a breakout sometime back. Now again looking at chart it seems little interesting to me. I will post few different views that I found interesting. Lets start with weekly chart. A hammer on weekly chart means someone did push this stocks price up. but it may be a fake signal as well so adding to this i will show another view with the help of...

LearnersParadise Updated 

Price action lovers must be watching it like a hawk but we have lot of things to understand. Let's try to understand few... 1. Price action is showing that it has stopped making new lows. 2. Made a W Pattern already(We just need to wait for the neck line break). 3. Taking support at 200 EMA with gap also acting as support. 4. Volumes ? dont forget to look at the...

LearnersParadise

Last time i posted this stock on 13th of October and since then it kept me waiting for the right time. I clearly mentioned it needs to halt before breaking out and that is what it did. Previous Posted Chart for the reference :- Waited for almost 20 days and then gave returns of 10% in a day. This is what is important in trading Waiting for the right time....

LearnersParadise

Voltas has followed the trendline and respected it multiple times and while riding that trendline it reached 52 week high and today broke out after touching it multiple times. Weekly Chart for the reference. Today's Closing looks to be strong as volume is decent today. If we have patience then this stock might give us more than 40-50% returns in next few...

LearnersParadise

Box Breakdown can be on the cards. Next Target will be the difference of the box.(Marked with green lines.) There is a box made with writing Value Zone so what is it? With Banks in rise there is expectation of Pharma to go down but with volatility around it can be a great opportunity for value buying.. So why suddenly value buying is the question Let me explain...

LearnersParadise

In this chart we can clearly see that this stock is moving in a channel and right now it is at the lowest level of the channel. I have marked with Flags about the touches it already made. Right now it is consolidating at lower levels and has stopped making new lows so expecting it to go back on the upside. Best part of this chart is if we go for the long side we...

LearnersParadise

I posted this chart on 22.10.2020 Weekly Chart of the same is also posted for the reference. It consolidated before the major move and now look at the volumes being generated. It might take few days before the major move but we have to keep our eyes as hawk for the best opportunity. Hope you guys have enjoyed the trade. Cheers and Happy Trading.

LearnersParadise

Read it might help.

LearnersParadise

I tried mentioning everything already on Chart. Hope it Helps in understanding. Important levels to watchout for :- Entry:- 2201 Sl:- Previous swing low (For this i will keep 2120) Target 1- 2270 Target 2- 2340 All the levels provided are only for educational purposes. Trade with caution and trade with your own risk.

LearnersParadise

Nifty is in a great spot where it can go bullish or it will come down heavily. Come key points for the published chart to watchout for:- 1. Nifty is breaking a box and retesting it and breaking again. 2. Every box difference or say high & low of box is getting smaller. ( Marked with green lines for the measurement ) What does this mean? for me it means it might be...

LearnersParadise

Looking at chart it feels like titan is gaining some interest as reflected in volumes. Volume at high Levels and a big candle crossing horizontal as well as a trendline break should be a good sign. But what is bothering is nifty has already moved around 1000 points without any correction. It needs to show some profit booking or say it needs to make a swing...

LearnersParadise

A fancy pattern as everyone likes. Inverse Head and Shoulders which is reflecting a potential Buy. For me it's simple logic that the price is testing levels of 685 again and again which is making this resistance weaker and weaker. Lets combine simple logic with pattern which is making more attractive but always remember break and close above neckline is most...

LearnersParadise

A great price action in the place. All the price action lover must be looking at the important levels. Few points to consider is this stock came for the first time to the support or say gap acting as support along side a break of trendline from top is another signal that it might go up & making a W pattern while going up can be another signal too. But remember...

LearnersParadise

Every swing is getting smaller and smaller which is reflecting the momentum loss and sellers getting stronger day by day. Along side this we can also see in the chart that is has already touched it's support again and again which is making this support weaker with every touch . What is your saying folks. Let me know in comments. Disclaimer: I am not SEBI...

LearnersParadise

We have always heard that resistance once broken turns into support . Just look at this stock doing it multiple times. Everytime it breaks it comes back to retest existing resistance and goes for another run.It is doing this again. A rejection candle or long wicks/shadows near the retest/support. Hope it helps or adds any input in learning curve. Keep learning...

LearnersParadise

A perfect stock in this falling market where everyone is worried about their investments and portfolios turning red. Lets understand the points:- 1) A beautiful price action where it broke out came down and then consolidated for a while and now ready to pickup the pace. 2) Price broke the resistance and as we all know previous resistance turns into support and in...