Daily Chart Analysis: Beautiful formation of Symmetrical Triangle Pattern.
Daily Chart Analysis: Strong Supply zone around 190-203 levels. In April month (2021) gave breakout from 170 levels which is now acting as support. Either will break 170 and fall or complete the Cup and Handle formation. Can buy at CMP or Buy above 185.
Daily Chart Analysis: LTP: 153.55 Recently after a gap-up opening taking support near 150. Can take trade here with small SL, else if market favours then buy near lower trendline.
Daily Chart Analysis: Volatility compression and consolidation after strong rally in this counter. Have formed a triangle pattern. Look for buying on if there is volume expansion.
Weekly Chart Analysis: Already trading outside 3 year old down-trending trendline. Also, twice took support on the trendline and sustaining above it. Currently, trading inside triangle pattern.
Similar to NELCO after the breakout of Cup and Handle, gave strong up move. Buy this with the view that it is able to close above 13.20 and Keep small SL around 12.20
After the breakout of Cup and Handle, gave strong momentum up move. Now post-breakout, trading inside triangle of flag and pole. Very good risk to reward trade. On daily charts, trading inside candle.
Excellent Price development and low risk to reward trade. 320-340 was supply zone since 2017. For past 2 months, was trading above 320 band and now looks ready to cross 340 band. Above this price band, we can see strong up move.
Weekly Chart Analysis: 1. Formed large Cup and Handle Pattern. 2. Low Risk Entry, as we it is trading near support and already bounced from there previously ~82 level
Watchout for Symmetrical Triangle + W-Pattern Breakout. Should sustain above 205 levels on closing basis
Weekly Chart Analysis: Watchout for inverse H & S + W-Pattern Breakout
Monthly Chart Analysis: 1. Trading in the range of 220-250 for almost 3.8 years. Most candles close in the range. Buyers not allowing to fall below 200, and sellers too not allowing to rise above 300. Tight compression. 2. Right now, trading inside triangle pattern. Watchout for breakout on either side. 3. I am long on this share, because buyers have tried...
Weekly Chart Analysis: 1. Chart similar to NSE:XELPMOC, after long wedge pattern breakout...we saw strong bullish candles. Highest volumes also seen during last few weeks. Right now looks like it has absorbed all trapped sellers around 22 levels. Trading above its like time high. 2. Big Cup and Handle pattern formed on weekly charts. Just trading above its neckline.
Weekly Chart Analysis: 1. Was trading in falling wedge pattern for 12 years 2. Divergence in RSI 3. Cup and Handle pattern breakout on Weekly charts 4. Cup and Handle pattern breakout on Daily charts. Post-breakout respecting neckline of 90 level. Good place to long, as slowly moving to close above 100 levels.
CASE STUDY: Can go long 1. Company with very strong fundamentals and background, deals with Aerospace, Defense, Precision Engineering. Enjoys Monopoly. 2. Post-listing. 1st weekly close was 1082.50. For almost 4 months was not able to give closing above 1st weekly close. 3. Created good range between 900-1000 levels and formed Inverse H & S pattern. 4. Post...
CASE STUDY: Gave meteoric rise of 400% in 1 year, Key observations, 1. Range Breakout of almost 1.5 years, 2. No major fall in this share during market crash of 2020, 3. Post-Range breakout, back-to-back wedge pattern breakout around 250 levels 4. Was trading inside Symmetrical Triangle Pattern for 9 months, finally last week gave breakout with 30% upside.
Positional Pick - Low Risk High Gains pick. Trading just near 1yr old trendline. Incase if breaks trendline 1 then watchout for trendline 2.
Multi-TF Analysis Weekly + Daily : Cup and Handle pattern and Triangle Pattern on weekly charts + Inverse H & S pattern on daily charts. Buy and Hold with patience for Big Targets. Visit below link to see Inverse H & S on daily charts (s3.tradingview.com/snapshots/w/wqdKlOTT.png)