Balaji amines Ltd gave resistance breakout with Good volume and made a retest. One can go long above day high with stoploss below the retest low. Disclaimer :- I'm not SEBI registered analyst. This is my personal view. Information given is for educational purpose only. Do your analysis before investing.
Evening Star pattern has been formed near Trend Resistance inD1 Timeframe. Evening Star pattern shows a trend reversal if it's formed near resistance. In M30 timeframe, Head and shoulder pattern has been formed. So closing below 1350 may show some weakelness. Disclaimer :- I'm not a SEBI registered analyst. This are my personal view. Information given is for...
HINDCOPPER has given a trendline Breakout and also Resistance Breakout with Good volume in D1 Timeframe. It took support from Multi-Year Trendline which was broken in Feb 2021. One can go long with 50% quantity above day high and wait for a retest opportunity to enter with remaining 50%. Keep your Recent swing low and Trail. Note : HINDCOPPER is going to release...
HFCL Ltd has made a Inverse Head and shoulder pattern in D1 Time frame. It also give a breakout with good volume. One can buy 50% above today high and wait for retest to buy remaining 50% with recent low as stoploss. Recent swing high's are taken as Target. Trail your stop-loss. Disclaimer :- I'm not a SEBI registered analyst. This is my personal view. Given...
IRCTC formed a inverse Head & Shoulder pattern in D1 time frame and gave a breakout with good volumes. After breakout it's in consolidation phase and thus formed a flag and pennant pattern in H1 timeframe. High probability setup will be breakout of flag and pennant in bullish direction. Try to Avoid bearish direction. Disclaimer :- I'm not a SEBI registered...
BASF India has made a double bottom at demand zone which was supply zone previously and gave a breakout out with good volume. It also gave trendline Breakout. It also consolidated before giving the breakout. Safe traders wait for the pullback for retest entry. Keep stoploss at recent swing low and trail. Disclaimer :- I'm not SEBI registered analyst. Information...
UTIAMC has made a inverse head and shoulders pattern and gave a breakout with good volume . Stoploss can be at recent swing low. Disclaimer :- I'm not SEBI registered analyst. Information given is for educational purposes only. Do your own analysis before investing.
Princepipe give a breakout of ascending triangle pattern. One can enter with 50% quantity above breakout High and remaining 50% after retest. Stoploss below breakout candle or recent swing low. Princepipe company going to release their quarter result on August 9, 2022. Trade accordingly. Disclaimer :- I'm not a SEBI registered analyst. Information given is for...
Muthoot finance made a double bottom at daily time frame and gave a Neckline breakout and retest with good volume. One can enter above the day high with stoploss of retest swing low for the target of 1:2. Disclaimer :- only for Educational purpose. Do ur own analysis before investing.
1) Took support on weekly Trend line 2) Broke daily TF resistance. 3) Formed inverse Head and shoulder pattern. Only educational purpose.