anandlive

anandlive Updated 

It is clear from the chart that the price is near the breakout level of the rectangular channel. My setup is to see it bearish. But have to exit if sustains above 540. The risk reward is also good in this setup. Targets are mentioned on the chart. ( If works) The setup is valid only if it sustains below 540. It is only for learning and understanding purposes, not...

anandlive Updated 

As it is clear from the charts, the price is coming to the lower level of the channel. if bounces from these levels, may go bullish, Expected target may be 520 or even 580. The setup fails if doesn't sustain above 497 on a closing basis. This is only for learning and sharing purposes, not trading advice in any form. All the best.

anandlive Updated 

The setup is simple to understand by the chart itself. The stock has bounced back from the lower support of the parallel channel. if the momentum continues, may go to 4250/4450 or even a lot more. In a bullish rally, it may go to 5300. Sustaining below 3960 will show the weakness on the charts. it should travel inside the channel if considering a long setup. This...

anandlive Updated 

For the last 12 months, the index has been moving in a parallel channel. This time came to the lower levels. Today gave a bounce back from the desired level. If momentum continues, the first target should be 33600. Setup fails if breaches the lower levels of the parallel channel. It is only for learning and sharing purposes, not a bit of trading advice in any...

anandlive Updated 

The stock price has been moving in a parallel channel in recent weeks. Can expect it to come to the lower side now. Also, a retest of the breakout at 10k levels seems due. Other indicative actions are mentioned on the charts. Risk-reward is good according to the setup. Only for learning and understanding purposes, not a it of trading advice in any form. All the best.

anandlive Updated 

The concept of the setup is clearly shown on the charts. The third time, the price is around 3540. If bounces back this time too, may go to 3690, 3800, or even more. It is a low-risk setup because if the price sustains below 3520 for a couple of days, the setup fails. one should exit below 3520 or according to the one's risk management. The above illustration and...

anandlive

It can be marked that the stock has bounced back from 2290 twice. If crosses 2360 with momentum, can go to 2400 or 2460. MACD is showing a likely crossover. Sustaining below 2310 will show the weakness on the charts. Also, according to the setup (if works), the risk-reward ratio is good. Exit any trade, if it violates your risk management. Only for learning and...

anandlive Updated 

The chart shows that the stock has bounced back from 210, a support level for the last few months. Also, a retest area for the previous breakout makes it more significant ( if sustains above 210 ). If sustains above 205-210, may go to 235/252/267 in a short time period. If sustains below 205, will weaken the strength. Only for learning and sharing purposes, not a...

anandlive

As you can see the stock is traveling in a range that is forming a rising parallel channel. If does not breach the lower side of the channel, we can anticipate the price to move up to 9000. This setup fails for the time if the price breaks down of the lower channel support. Only for learning and sharing purposes, not a piece of trading advice in any form. All the best.

anandlive Updated 

A double-bottom setup is spotted on the charts. All levels are mentioned on the charts. A small bounce-back is anticipated until the support around 4450 is not broken. Only for learning and sharing purposes, not a piece of trading advice in any form. All the best.

anandlive Updated 

Seems like formed a double bottom pattern on the charts. If momentum continues and the price goes above 1922-23, there may be a breakout. Further targets may be 1931/1941 to 1948. Only for learning and sharing purposes, not a piece of trading advice in any form. All the best.

anandlive Updated 

The stock has come down to the support area as shown on the charts. May reverse from here itself or may come down to even 600 levels. Keep tracking for a comfortable entry so that your stop-loss should be humble. We should learn to hunt like a tiger. Show extreme patience. Take time to identify the trade to make a perfect entry. So that our target may not...

anandlive Updated 

As shown on the charts, the stock has been forming a rising wedge pattern for quite some time. This time, trading at the lower levels. if bounces, may be bullish for some time. MACD also shows a possible crossover. The Setup fails if sustains below 4140 for two days. The important thing at this point is a good risk-reward ratio. Only for learning and sharing...

anandlive

Levels are mentioned on the charts. As long as it sustains above 175.50, chances of going to 181 or 186 are there. Should retest the breakdown levels. Only for learning and sharing purposes, not a piece of trading advice in any form. All the best for your trading journeys.

anandlive Updated 

The stock has taken support at the shown trendline third time in the last year. If bounces back again, it can be a good opportunity with a good risk-reward setup. If goes bullish, humble targets may be 2350/2470. Sustaining below 2130 will weaken the strength. Only for learning and sharing purposes, not a bit of trading advice in any form. All the best.

anandlive Updated 

All levels are mentioned on the chart. Wait for the price to come near 1937. Only for learning and sharing purposes, not a bit of trading advice in any form. All the best.

anandlive Updated 

The chart shows that the stock is trading in a triangular pattern for the last few days. Also, a rising parallel channel is formed in recent times. Considering the price of 102-100 as the last support, we can anticipate an upside move up to 135 around. Only for learning and sharing purposes, not a bit of trading advice in any form. All the best.

anandlive Updated 

It is clear from the charts that the stock is trading in a parallel channel. yesterday's price was rejected from the upper resistance. if the pattern continues, it should come down to the indicated levels. The logic behind entering here is a good risk-reward ratio at the moment. Only for learning and sharing purposes, not a piece of trading advice in any form....