Looks like breakout. If you are conservative trader wait for retrace and confirmation else can go Long immediately . Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Support and Resistance: Traders could open a long position when a stock's price reaches the ascending channel’s lower trend line and exit the trade when price nears the upper channel line. A stop-loss order should be placed slightly below the lower trend line to prevent losses if the security’s price abruptly reverses and also vice versa . Breakouts: Traders...
Zeel is taking U-turn . Good to go long when it reaches the support again . Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Support and Resistance: Traders could open a long position when a stock's price reaches the ascending channel’s lower trend line and exit the trade when price nears the upper channel line. A stop-loss order should be placed slightly below the lower trend line to prevent losses if the security’s price abruptly reverses and also vice versa . Breakouts: Traders...
Wait for the breakout and take long or short trades. Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Support and Resistance: Traders could open a long position when a stock's price reaches the ascending channel’s lower trend line and exit the trade when price nears the upper channel line. A stop-loss order should be placed slightly below the lower trend line to prevent losses if the security’s price abruptly reverses and also vice versa . Breakouts: Traders...
Ascending Parallel channel in BAJAJ_AUTO Support and Resistance: Traders could open a long position when a stock's price reaches the ascending channel’s lower trend line and exit the trade when price nears the upper channel line. A stop-loss order should be placed slightly below the lower trend line to prevent losses if the security’s price abruptly reverses...
Ascending Parallel channel in City Union Bank. Support and Resistance: Traders could open a long position when a stock's price reaches the ascending channel’s lower trend line and exit the trade when price nears the upper channel line. A stop-loss order should be placed slightly below the lower trend line to prevent losses if the security’s price abruptly...
Parallel channel USOIL . Based on breakout take trade in CRUDEOIL . Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at yo
Price is reacting from support , Buy @629.80 - 1:2 is risk reward we can expect from this trade . Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Triangle pattern in CUMMINSIND
Ascending triangles are considered a continuation pattern, as the price will typically breakout of the triangle in the price direction prevailing before the triangle. Although, this won't always occur. A breakout in any direction is noteworthy. A long trade is taken if the price breaks above the top of the pattern. A short trade is taken if the price breaks...
Ascending Parallel channel in BEL. Support and Resistance: Traders could open a long position when a stock's price reaches the ascending channel’s lower trend line and exit the trade when price nears the upper channel line. A stop-loss order should be placed slightly below the lower trend line to prevent losses if the security’s price abruptly reverses and also...
Resistance breakout in CEATLTD is done with good breakout candle . wait for retrace and go long after it prints at least one green candle . Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Pennant pattern in Mind Tree . Wait for good breakout candle to take trade ( Breakout candle should be long body and preferably take trade after retrace in lower time frame) Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Pennant pattern in TITAN .Wait for breakout on either side and take trade accordingly Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Descending Channel in TCS - Go long after breakout and retrace from this channel . Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.