I can see a good channel breakout in the Nestleind stock on a daily timeframe. Retest also completed. That's why this stock looks excellent for the swing trade. This stock was consolidating in a channel for almost more than 500 days. And now it gave a breakout. Let's see. How it will perform.
I found this stock a week ago. I found a good Inverse head & shoulder and triangle breakout in the Axis Bank stock. Actually, the risk-reward ratio is very good in this stock. So, I took entry in this stock. I found that two patterns in the daily timeframe. So, you guys can also check it. Thank you!
I found very good trade. The stock name is ICICIGI and this stock makes an ascending triangle pattern on a daily timeframe. And also gave a breakout with the high volume. Voila! That's why I selected this stock for the swing trade. Don't miss this opportunity. Let's hope for the best.
The channel pattern is very powerful. I took almost 10% profit in this stock. My risk-reward ratio was 1:3.5. Yes, and I got it easily. I found this channel pattern on a daily timeframe. Next time, I'll try to post those pattern before, so you guys can also learn with me and if you want then can take trades too. But, always manage your risk first. Thank You! NSE:ACC