Hypothesis - Stock has made weekly HH entry triggered on close of 8th Sept.. T1 11.45 T2 15
it is crossing monthly resistance lets see how it is behaving..
Hyopthesis = BO & Retest Entry immediate SL 218 T1 260 T2 286
Trying to make HH, if it sustains above then it bounce Close above 520/- should be an entry point T1 535 T2 570 SL 483
If one stock is making weekly HH then it should test next resistance.. let see how hypothesis played... Entry 142, SL 128, T1 154, T2 200
Price broken out of a channel afterwards consolidated for ~ 1M Can it travelled to ATH Entry > Previous candle i.e. 222 SL 210 Target 240
Stock is trying to break a long resistance zone... if it is broken than upper resistance can be tested Entry above 125 SL 87 Target = as per your risk..
Stock is trying to BO from a long weekly range... generally this gives a spurt in volume and price... if this hypothesis is correct than T 770 SL 640 Let's see how this hypothesis unwind..
Price is coming out of resistance... let's see how it behave on weekly chart... Entry above 2680 on closing basis SL 2400 T1 2760 T2 3073
Stock has not sustained the retest level and fallen further.. now a crucial level and support.. may give a bounce back...
Price is trading in a range.. if it's BO.. then a swing is possible to higher side...
Price is lower end of channel.. can it create a buy thrust...
Price is testing the resistance again and again...
Education purpose - Price action analysis PS is approaching an important resistance zone of 4700, if it crosses the same on a weekly or monthly basis then the next target is 5000. SL 4330 It is the strongest stock in IT Pack.
Education price action strategy - Ashok Leyland Stock is above Weekly EMA 20 and closing on a weekly high The stock closed at its highest point since Oct 22. Entry trigger above 156, target 169, SL 149/- SL on a closing basis..
Price action analysis - Education purpose only HDFCLife If a stock crosses a monthly resistance area then a quick spurt can come. Levels are to be checked on a closing basis only Entry above 620 Target 680 SL 580
Price action analysis of Adani Group Quarterly 20 EMA Supports.... Generally, stocks of good quality should take support at QEMA, all F&O stocks have tested QEMA 20 and bounced back (except Adani port) but this candle is not yet closed. Have mentioned support for all the cash group stocks also. Adani Green - QEMA - 820 Adani Transmission - QEMA - 1284 Adani...
ACC If a stock takes support on quarterly EMA 20 and monthly support area then it can bounce back to the nearest resistance area. Levels are to be checked on a closing basis only Entry above 1900 Target 2200 SL 1800