ritik_patel

ritik_patel

ITC is trading in a triangle pattern. There is a possibility of breakout in the coming trading sessions. It can be a positional trade for a target of 226.

ritik_patel

HINDUNILVR has given a resistance breakout in 1D timeframe. Can be a positional trade. Buy when price crosses the high of breakout candle and the target for this trade will be 2600.

ritik_patel

DIVISLAB is near it's resistance & it can nice a breakout which can initiate a positional trade for a target of 3900.

ritik_patel

CONCOR is making a triangle pattern in 1H timeframe. Possible breakout and a positional trade for a target of 636.

ritik_patel

BIOCON is at resistance in 1H timeframe. If it gives a breakout will take a posiitonal trade for a target of 440.

ritik_patel

BHARTIAIRTL near resistance in 1H timeframe. If it gives a breakout can be a good positional trade for a target of 584.

ritik_patel

ADANIPORTS forming triangle pattern in 1H timeframe. If it gives a breakout tomorrow can be a good positional trade.

ritik_patel

NIFTY in a triangle pattern in 1W timeframe. Coming week is crucial as we can either see a breakout or breakdown. Looking at the chart, the chances are more for a breakout therefore I'm bullish on nifty for the coming 1-2 weeks and will be looking to search for positional trades.

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TCS has given a resistance breakout in today's trading session. It has also tested the resistance after breakout which now acted as a support, adding more confirmation to the trade. You can get into this trade at CMP for a minimal profit aiming for the next resistance area. SL will be the nearest swing low.

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NTPC is forming a triangle pattern on hourly timeframe. If it gives a breakout it can be a good positional trade. Sl will be the nearest swing low. Enter the trade when price crosses the high of the breakout candle. For best results and to avoid false signals get into the trade using 1H timeframe.

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BHARTIARTL is trading around it's resistance. The stock has tested the resistance many times at the same level and it can now give a breakout. We can initiate a long position when price crosses the high of breakout candle.

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ACC is trading near it's resistance. It has tested the resistance multiple times but unable to give a breakout. We can see a resistance breakout in coming 1-2 trading sessions. You can take a positional trade when the price crosses high of the breakout candle. SL will be the nearest swing low.

ritik_patel

HDFCBANK traingle pattern breakout in 30M. Can be a good trade for intraday as well as poitional with SL near previous swing low. Happy Trading!

ritik_patel

DABUR is forming a traingle pattern in 30M timeframe. Looks bearish at the moment because it is creating lower highs and testing support multiple times. Add to your watchlist and keep track of it. Can be a good trade if it breaks out of range. Happy Trading!

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SRTRANSFIN has been respecting it's resistance for a long time. It has respected the same resistance level for 3 times & now it's the 4th time it's testing the same resistance. Looks like the price has already given a breakout. This can be good opportunity to go long on SRTRANSFIN with SL on nearest swing low. This can be considered to trade intraday as well as...

ritik_patel

SUNPHARMA is forming a triangle pattern in 30M timeframe. It could a good trade intraday as well as positional. Although in triangle pattern the price tends to give both breakouts and breakdowns. But in this case SUNPHARMA is creating lower lows which means the stock is in a bullish mode. We can trade both breakouts and breakdowns in intraday when price crosses...

ritik_patel

We can observe a channel in TCS in 30min timeframe. Also it looks like a pole & flag pattern. There are high chances for TCS giving breakout in coming trading sessions. You can add this stock in your watchlist and keep track of it. You can initiate long position when price crosses the high of breakout candle with the sl of nearest swing low. Risk management is the...

ritik_patel

TECHM has given a channel breakout today in 30M timeframe. After the breakout a retest in also visible. The stock is now moving upwards and one can initiate a long position for a target of 948 which is a resistance point for TECHM. SL will be the nearest swing low i.e. 920. Risk management is the key and no trade setup is 100% working. The SL comes in place when a...