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1 - Stock has been forming channel pattern 2- good support @bottom and almost five resistance at top 3 -And low selloff candles which is good sign 4 - one can enter after the breakout (Always observe the candle while entering on breakouts (Is the candle closed strongly or weak)) NOTE : I only use simple price action Strategy that always give superior...

ONLY_PRICE_ACTION Updated 

Guys small update on "DHAMPUR SUGAR MILL" Trendline adjusted.

ONLY_PRICE_ACTION Updated 

1) Firstly pretty good channel breakout 2) And successfully Retested the trendline with low sell off candles 3) You can aim for 530 levels for the target (i.e 1:2) and keep your stop loss below the breakout candle. 4) I gave the target levels in this trade. Actually, I don't set the target, I do take exit depending on price-action (and it varies from the person to...

ONLY_PRICE_ACTION Updated 

1- Nothing much to explain very simple analysis 2- channel breakout with reversal pattern in weekly time frame 3- Reversal pattern confirmed with second week closed in Green , which is good sign. 4-And the target always depends on price action , actually I don't set target, I do take exits depends on priceaction (and it varies to person to person's...

ONLY_PRICE_ACTION Updated 

1) A simple channel pattern with seven touches at the top and three touches at the bottom. 2) One can after a breakout. 3) And the target always depends on price action, actually I don't set a target, I do take exits depending on price-action (and it varies from person to person's conviction) 4) still if you want to set a target then go with 1:2 or 1:3 risk...

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1) Take it as an intraday trade 2) Simple channel pattern to trade, one can enter after the breakout. 3) And the target always depends on price action, actually I don't set a target, I do take exits depending on price-action (and it varies from person to person's conviction) 4) still if you want to set a target then go with 1:2 or 1:3 risk reward 5) Trade...

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1 - There is a hidden channel pattern in descending traingle where stock has been taking the support on trendline 2 - Right after fall , gapped up and made reversal (inverted hammer ) . today closed in green which is reversal confirmation(bulls are In control) 3 - Main thing is here to consider that reversal happened at area of interest (demand zone) 4 - one can...

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1- Stock has been forming channel pattern and broken with good candle. 2- Almost seven touches at the top and three touches at bottom 3 - successfully retested with respect to my trendline 4- one can enter with stop loss of broken candle low 5- And the target always depends on price action , actually I don't set target, I do take exits depends on...