Go to 5 mins timeframe and you can see a key level broke and confirm with the big red candle for short opportunity.
This is just for study purpose. This is the price action. We can buy now at 336.6 or after the pattern(triangle) breakout.
This is just for study purpose. MRF GOOD SUPPORT at key level 77163. Hope it will bounce back. Buy @77163 or near. Stop loss @75709 (-1.77%) Target 1 @80303 (+4.46%) Target 2 @82493 (+7.04%) Target 3 @86717 (+12.52%) RR: 2 to 4
COAL INDIA broke key level 163.45. It perfectly retested this level. Buy @169.2 Stop loss @161 (-5.28%) Target @193 (~+14%)
BHARAT FORGE broke key level 822 with a good volume and with good momentum. Now this can act as support. Buy @836.35 Stop loss @813.15 (-2.55%) Target @895 to 900 (+7 to +8%) RR: 2.86
TCS broke key level 3409. It perfectly retested the resistance level in triangle pattern. Now this can act as support. Note: But volume is decreasing. The retest reversal will not be aggressive. It may be slower. Buy @3530 to 3535 (when @3520 small support is broken.) Stop loss @3370 (-4.37%) Target @3887 (+10.5%) RR: 2.33
This is just for study purpose. It seems to be a Ascending Triangle break out.
This is just for study purpose. Lets wait for the Ascending Triangle to break out.
This is Just for study purpose. M&M seems to be a descending triangle.
This is Just for study purpose. ASHOK LEYLAND seems to be a descending triangle .
This is Just for study purpose. PIDILITE seems to be a symmetrical triangle .
This is Just for study purpose. KOTAK seems to be a descending triangle.
This is Just for study purpose. ITC seems to be a descending triangle breakout.
This is Just for study purpose. ASIAN PAINTS seems to be a ascending triangle breakout. Will closely observe and will analyse where to jump in for this trade.
This is Just for study purpose. HCL seems to be a open wedge. Buy now with stop loss of 1 or 2 %.
This is Just for study purpose. Power Grid seems to be forming a descending triangle . Based on breakout, it can be a LONG position or SHORT position.
This is Just for study purpose. ASIAN PAINTS seems to be a ascending triangle breakout (Pattern - strong, Confident - average). Buy if first candle opens above 2471 (SUPPORT) Mar 29 Monday. It may retest at SUPPORT and possibly could reach 1st level target 2563 (RESISTANCE) and if this breaks it may reach 2nd level target 2665 (LONG POTENTIAL).
This is Just for study purpose. TITAN seems to be a OPEN WEDGE breakout (Pattern - strong, Confident - average). It could possible turn into a descending triangle. Buy at 1520. Target level 1- 1530. Target level 2 - 1560. Buy at 1460 after it retest at 1450. Target 1490 - 1500.