Certainly, let's replace the currency symbol with Indian Rupees (INR) in the analysis: ### Technical Analysis: #### 1. W Pattern - Double Bottom: The W pattern is a bullish reversal pattern that resembles the letter "W" and signifies a potential reversal of a downtrend. The double bottom within the W pattern is a positive indicator. #### 2. Breakout of...
**Technical Analysis for State Bank of India (SBIN):** **Stock Symbol:** SBIN **Timeframe:** 1-Day (1D) **Pattern:** Bullish Pennant **Entry Condition:** If the 1-day candle closes above ₹653. **Stop Loss:** Set a stop-loss at ₹631 to manage potential risks. **Target Prices:** 1. First Target: ₹700 2. Second Target: ₹720 **Trade Duration:** Short-term swing...
🚀 Exciting News for #WiproStock 🚀 After 540 days of consolidation, Wipro is set to soar! 📈 Reverse from the 0.61 Fibonacci zone, breakout of the supply zone, and breaking the 0.5 Fibonacci level. 🌐 This looks like a promising setup for a 6-12 month swing trade with a solid risk-reward ratio. 🎯 Don't miss out on this potential winner! 💹 #StockMarket...
📈 Trade Analysis: Swing Trade Setup 🔍 Chart Pattern: Identified a promising pennant chart pattern, suggesting potential breakout. 📊 Volume Confirmation: Breakout supported by significant volume, indicating strong market interest. ⚖️ Risk to Reward: Favorable risk-to-reward ratio, providing a good potential for profit compared to the risk taken. 🔄 Trade...
bear trap volumes breakout of supply zone trend reversal good risk reward
breakout of supply zone support from 200 ema buy at cmp and add on dip sl is 397 two targets are marked
TNPETRO (11/09/2023) (Weekly chart) Breakout with volume fib golden zone Trend reversal setup Trendline breakout Breakout of supply zone huge volumes Support from 200 ema
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book
Trend reversal setup breakout and retest done buy at cmp targets are marked follow risk management do your own analysis do workout do meditation start reading book
follow your risk management target is marked stoploss is marked this is for educational purpose
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book