dineshsarann

dineshsarann

Dear traders, we are seeing in this stock that it made bullish pennants repeatedly. >And it gives a fresh trend line breakout. > ** are showing in the chart that, from that line the price can go for a backtest. So don't be panic. >The TP is only first target. there are a lot of chances of breakout. >> After target price breakout we have to take trailing stop...

dineshsarann

Dear traders, price reversal area >trend line support >fibonacci support level >and price support also >in RS there is also trend line support and major support. comments and suggentions are invited🙏🙏

dineshsarann Updated 

Dear traders, if monday candle gives a brekout then play for a buy move. >previous day candle's low is stop loss. >Next resistance is TP. >IF RESISTANCE ZONE is also breached then use trailing stop loss. FLAG POLE PATTERN

dineshsarann

Dear traders, all things are in chart.

dineshsarann

Dear traders, MOIL LTD NSE showed a bullish trend in last one and half year. We can see that the chart make Impulse-correction-Impulse pattern. The trend is bullish in daily chart. chart action--- 1. The price chart is making higher highs. 2. But the RSI making lower highs. 3. The 2 hourly chart shows a downward trend. Possibilities-- 1. By chart action we can...

dineshsarann

Dear traders, In Infosys Ltd BSE flag pattern is on progress. All EMA showing bullish trend. So wacthout for a breakout then trade it.

dineshsarann

Dear traders, Tata chemicals showing a long time consolidation. Before this consolidation there was a long bullish trend. My thought process and chart pattern are saying that it will again go on a bullish trend . News... We know that for Electric vehicle by Tata motors , Tata chemicals preparing batteries. And there should be a great success. So dear traders...

dineshsarann

Dear traders, In this stock there is a cup and handle breakout pattern is formed. As we can see that we can buy this stock at breakout. Formula for take profit-- Breakout price+ (highest of the either side of the cup - bottom of the cup )*50% = 580+(580-520)*50% =580+30=610 Stop loss-- = Bottom of the cup =561

dineshsarann

Dear traders, Cup and handle breakout pattern is here . If it gives a breakout then right time to buy. Set a stop loss and take profit before putting a trade. My take profit formula-- Bulkowski's formula = Breakout price+(highest price of either side of the cup--lowest price of the bottom of the cup)*50% My stop loss-- bottom of handle TP- 345 ...

dineshsarann

Dear traders, There is flag pole breakout pattern. Set take profit -- Tgt 1 (129.55) Tgt 2(132.35) Stop loss-- 121.95(because if it gives breakdown at this price then the chart can also follow the decending triangle pattern and we can also play a sell move on this pattern)