mahhisingh

mahhisingh

This stock is in a downtrend. it had breakdown level 4200 with a power candle but it opened with a gap up and in the range but not sustained, has closed below 4200. The next support will be 3600-3700. should not go for long until support is not hit Happy trading

mahhisingh

range breakdown with engulf candle is a bearish sign . NSE:DIVISLAB may come to previous support zone. sellers- short entry at 4425-35 , target =previous support 3900, SL 0.6 of bearish engulf candle buyers- we should enter at previous support 3900-3930 to take small target of 8-10% by putting SL below zone. Happy trading

mahhisingh

squeezing triangular pattern breakout are very quicky and successful (80-90%). These types of pattern give you high RR ratio like 1:3,1:4,1:5 within a few days I do share these charts at channel I will provide link here after taking trading view premium account Happy Weekend ahead

mahhisingh

trade was analyzed on 12 April, target 1 & target 2 done I was expecting , price will take resistance from target 2 or fib extension value 1.618 but it crossed and leading to 3rd target or fib extension value 2 . I booked 40% at target 1st with 20% & rest booked out at 2nd target with 50% move The stock of month follows me for more chart...

mahhisingh

30% move up captured from channel pattern analysis done on 4 march keep minting money. happy trading

mahhisingh

this is a unique channel pattern where price break downside comes with power so it is a sign that it wants to follow the channel pattern. there are two entries possible - 1. at bottom of the channel pattern -SL below the channel 2. after the breakout of the channel -SL- low of breakout candle HAPPY TRADING

mahhisingh

the breakout was happened with good consolidation near the top of the pattern, which is a sign of the strength of the breakout. SL will be today's candle low target are mention in chart happy trading

mahhisingh

it might be face resistance from the above trendline (golden color). whoever in trade can book their profits

mahhisingh

IT sector under pressure Infosys looking attractive by the price but don't go for long or positional until the price come in the wedge pattern Infosys trades below 200 EMA, which is also a weak sign for a sound fundamental stock. the chart looks like, it is the start phase of the downside. I WILL UPDATE AGAIN WHEN INFOSYS LOOKS FORWARD TO BULLISH.

mahhisingh

titan at lower support of wedge pattern it may be a good entry for a good RR ratio a stop-loss will be just below the today's candle. target will be upper resistance of wedge

mahhisingh

we should take entry after triangle breakout but there is a hidden counter-trendline (red ) which is act as a resistance so for the safer side, the entry should be after closing above the counter trendline. targets are- 100, 104 &119

mahhisingh

The redline zone is a crucial support zone where price forms a W pattern if we create an entry here with SL below support zone then we can the next target up to the green resistance zone at around 33%.

mahhisingh

good risk-reward ratio trade targets are given in the chart it is a really bullish pattern The last time I analyzed ELECTCAST stock which has the same pattern & gives around 29% you can check out 12 Jan 2022.

mahhisingh

after 30% fall from top, it is forming a bullish pattern So we can trade HDFC long side point of view. there is also 200 EMA resistance so if closing above 200 EMA then initiate a trade with small quantity Later on retest or pull back add more as per your risk appetite.

mahhisingh

Don't confuse guys In channel pattern two possibilities are at high - 1. either price consolidate and breakout 2. or price take resistance from top & fall we can trade both but 1st case- RR ratio 1:2& 1:3( anything more will have less probability 2nd case- RR ratio is more than 1st like 1:3,1:5 easily if we trade 2nd case then SL will be just below the...

mahhisingh

Falling channel pattern breakout target 205 sl - below today candle if you want to hold for bigger target then wait for EOD entry(take entry around 3.15)

mahhisingh

trendline breakout in wedge pattern Good consolidation with mother bar candle at confluence zone SL -5% target- 147 target 162

mahhisingh

these type of wedge patterns have 75-80% probability to succeed in bull market stop loss -5% target 1-12% target2-30% you can take your profit according to your patient level. thanks you