TRADEWITHFUN247

TRADEWITHFUN247

Trend line Breakout, Heading towards Resistance Zone Very crucial support zone is there down keep eye on that

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This Trend line is very crucial

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note 1) The support is very crucial 2) Recently IPO news came which looks very positive for the stock 3) last week closing made a hamme pattern , and hammer pattern at crucial support is a very good sign My view is bullish

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note 1) price is at neck line and a resistance zone 2) risk reward is favourable 3) Inverse head and shoulder 4) Kind of flag formation near resistance zone

TRADEWITHFUN247 Updated 

1) GAP is there 2) Flag pattern 3) Resistance zone 4) Cup and handle kind of formation 5) LARSEN & TOUBRO: CO WINS A SIGNIFICANT ORDER WORTH RUPEES 10B-25B 6) 200 moving average is respected Note take a confirmed entry on you own behalf

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1) 200 day moving average 2) consolidation breakdown 3) support zone breakdown 4) Trend line breakdown 5) Inverted flag pattern formation

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Note 1) today is weeklysing so this breakout is important 2)USD INR is very bullish has gave a decent move in last few trading session 3) Quaterly resuls will add further volatility in the stck 4) The breakout is very decent See my last idea where i shown the minor trend line.

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Logic 1) Very crucial resistance zone 2) 200 moving average is respected 3) Gap is there 4) From downside a trend line is coming (but the trend line looking very steap)

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Logic 1) Minor Trend line breakout 2) Price is at minor resistance 3) Stock manages to close above its 200 moving average after a ling time , so I hope for a up move from here

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1) Double top pattern is there on minor resistance zone 2) Recently we has seen a triangle pattern breakout 3) Stock now trading at its short term trend line

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Logic 1) Very crucial support formed on chart, (earlier it acted as a resistance) 2) Rounding Bottom formation (denoted by yellow dotted curve) breakout happened and now it is testing its breakout. (I am slightly bullish due to rounding bottom formation) 3) Stock is in a strong up trend My view is strong bullish keeping eye on it for any buying opportunity.

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In prices earlier resistance becomes a support. Note: Price will not exactly take suport and resistance so zones form. It this chart Price take support at the zone. My personal view is that ,stock is in an uptrend so at this point of time we should watch it carefully and wait for weekly close ,it will decide whether it get set for up or down move.

TRADEWITHFUN247 Updated 

Logic 1) Price is at long term trend line, (Be caucious if week closes below trend lie) 2) We can see that the price is in a sideway zone from last 9 week. So a fresh trend may start. 3) We can see a channel formation (which is a bullish sign) ,If breakout happens than we would be at next high and the next high looks very high from here. I personally biased with a...

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Logic 1) Stock taking exact support at trend line. 2) If stock weekly closing happened with a reversal candlestick pattern then stock may touch new highs, because stock is in an upstrend. 3)The support zone can easily be visible. I am slightly biased having a bullish view.

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HDFC bank is in a sideways so it is important to plot the key support and resistance, here you can see 1351 is a crucial support if it manages to breach than we can expect a big fall which can lead it to 1250 almost 100 point further downside and remember when major support or resistance broken in a sideway market a new trend kick start.

TRADEWITHFUN247 Updated 

Logic 1) Support level breakdown 2)inverted flag formation 3) consolidation breakout

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overall market is now looking bearish if 14900 did not broken. Short term trend line may be tested

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Logic 1) Rounding bottomformation 2) Key resistance breakout 3) Flag formation ( in small time frame) 4) Consolidation breakout Entry should be at brakout Sl should be at lower range of consolidation