pranaytrades

pranaytrades

NSE:PDMJEPAPER - Range Breakout and strong trend indications Trend Analysis : Taking support at 50% we are moving aggressively to the upside breaking out from range. While the paper sector is performing great, this is my pick for a mid-term trade. Though I might be a little late to post this, I still have high faith in this. Chart Summary > Breakout from range...

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Chart Summary 52W Breakout zone Triangle Breakout Good Funda

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Symmetrical Triangle Pattern & Psychology behind it NSE:GESHIP - Triangle pattern on the verge of breakout Everything is explained on the chart itself. Entry can be made after the breakout. R:R should be according to appetite. This is no trade recommendation in any way.

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Chart Summary: ➤ Classic support and resistance flip (Resistance will now act as support) ➤ Impulsive break of an important level ➤ Break from a range ( Darvas Box ) ➤ Fib 50% to 62% can be a great entry zone Keep it simple <3 Disclaimer: Not investment advice. The post is meant for learning purposes only.

pranaytrades

In this article, we analyze NSE:GRASIM using VWAP and parallel channel. A parallel channel consists of two parallel lines and a middle line which is equal distance from the upper and lower band of the channel. All of these three lines can work as great support and resistance as you can see in the chart. Along with candlestick patterns I like to use VWAP to make...

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Watch out for break. Can be a good buy opportunity. NSE:HINDALCO

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Perfect Symmetrical triangle being formed. Long or short according to breakout direction. (Suggestions are welcomed)

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NSE:BANKNIFTY BankNifty may seem to be bearish but I assume it not to be (Nifty is at ATH) BankNifty is at old support and looks like it's bouncing bank. Waiting for it to test the trendline. Expecting consolidation until it reaches the trendline. A good bullish sign will generate if it respects the trendline.

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NSE:APOLLOHOSP forming a rising WEDGE pattern. Expecting a breakout in a week or two. The pattern is about to complete. Notice the reducing volume which gives further confirmation. Looking for a big target at 2800. Small targets at supports. //Healthy discussion is really powerful, let's start one in comments :) // Disclaimer: This is just my view. Trade at...

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Triangle can be spotted on 15m TimeFrame on NSE:GODREJCP Momentum is falling - RSI (also a triangle pattern) The market can move in either direction, but I guess it will fall. Dotted lines are expected levels. Comments are welcomed! //Trade at your own risk//

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GAPS are areas on the chart where no trading activity took place. In an uptrend, for example, When the opening price is higher than the highest price of a previous day, leaving a blank space on the chart, it will be called a GAP-Up opening. Likewise, in a GAP-DOWN situation, the opening price will be lower than the previous day's lowest traded price. Now we will...

pranaytrades

GAPS are areas on the chart where no trading activity took place. In an uptrend, for example, When the opening price is higher than the highest price of a previous day, leaving a blank space on the chart, it will be called a GAP-Up opening. Likewise, in a GAP-DOWN situation, the opening price will be lower than the previous day's lowest traded price. Now we will...

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High volume breakout from the channel can be seen in NSE:CASTROLIND Watch out for retest, Position your entires accordingly.

pranaytrades

Next possible target for NSE:LICHSGFIN Trading is simple, don't make it too complicated. Resistance crossed with good volume.

pranaytrades

NSE:ADANIENT A Wedge pattern can be spotted which has already been broken. If you are conservative, Wait for a retest of new support and plan your entries accordingly.

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High chances for a breakout. Can be a good long position. High volume trade can be seen today which further confirms breakout chances. NSE:GRASIM

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The market never moves in a straight direction. It is characterized by so called zig-zag pattern. Depending on the direction of the market it can be labeled as "Trend of the market". A vast part of technical analysis is based on this trend analysis. The market is usually classified into three different trends. Uptrend Downtrend Sideway trend 1) An ...

pranaytrades

Long position can be considered if breaks 15350. Keep eyes.