The Stock is taking a weekly support and a daily support as per the support line. Trade can be executed tomorrow i.e 23rd May 2023, if the stock price sustains above today's close in tomorrow's 2nd half session post 2pm. Swing trade can be planned as per 1:2 Risk Reward ratio. Note: This is idea is for education purpose only. Share this Idea and ask your trading...
Taken swing trade Based on breakout of resistance line, Will look forward to take profit at around 6% based on the body of the trading range prior to the breakout. Followup me trade ideas and updates on the ideas.
Taken Swing Trade on Triangle Pattern Breakout. First Target 3% based on the body of the Triangle pattern and 2nd Target 6 % based on 1:2 Risk Reward Ratio. Follow me for real-time updates and progress on the Trade Ideas
Taken Short term swing trade based on a retest of a breakout on weekly Candle. For Details Check the chart for weekly breakout and restest. Will Plan for hold till the Target is achieved
SELL only the Previous day day end range is broken with good risk reward
Good Opportunity to Buy Bharti Airtel for a short term swing trade
Good Opportunity to Short term swing trade Mindtree as it has taken support at the trend line.
Possible buy entry once the stock takes support at the demand zone and break out of trend line with proper price action.
Look out for opportunities in Vedanta based on the flag and pole pattern formation, possibly on the long side.
ALLCARGO has got a strong breakout on the Monthly chart. Lookout for price action for a buy entry once stocks starts moving higher
Triangle Chart Pattern, Either side breakout chances however higher possibility for breakout based on the previous trend. Watch the price action carefully then plan the trade
Wait for the triangle pattern breakout for the relevant entry in long
Dabur has been trading in a channel pattern for a while now and today has shown signs of taking support and the demand zone of the channel pattern. Water for the candle formation on the positive side in order to plan a long trade where the supply zone of the channel pattern can be the possible target.
The stock has broke out with good volume on 3rd August and has respected the previous resistance as a new support. One can enter with a risk reward of 1:1 initially and trail the stop loss accordingly. The possible stop loss can be at the low of the Morning star formation on daily chart on the days 30thJuly,2nd & 3rd Aug.
Stock has is moving in a channel pattern and has taken support near the demand zone of the channel pattern. It is also taking support at the 200 moving average for additional confirmation. Good opportunity with good risk reward
There was beautiful breakout of triangle pattern and post breakout the stock has stayed bullish. Also, the over all trend of the the stock has been bullish. Enter based on the candle stick pattern formation and look for the mentioned targets. PS: Education Purpose only
ITC has given a good triangle pattern break out hence its a good time to enter in case it hold the upper trend line of the triangle pattern
Stock has formed a triangle pattern and is continuously spent time near the supply zone. Post breakout/breakdown stock will give a big move. Follow this idea for updates.