Trading the Ascending Channel : 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...
Descending Channel formation in HDFCBANK . How to trade . Price is currently at resistance so wait for breakout for long or either reversal for short .As per trend short is good because stock is in downtrend .
Price is at Resistance level in CUMMINSIND. Wait for breakout for long and reversal for short .
Pennant pattern in SRTRANSFIN. wait for breakout and take trade accordingly based on confirmation or retrace Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Resistance breakout in Indigo. Wait for retrace and go long Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Breakout of Resistance in UBL but there is no good Green candle yet formed . Wait for it and go long . Resistance will turn as support and price will move up. Note: Be careful about the long wick red candle so it may be false breakout so wait until you see big body green candle for confirmation Disclaimer: All charts are purely for educational and information...
Price at Demand zone in ACC. Good to go long Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
BAJFINANCE is reacting from Support. Good to go long. It may approach to fill the gap of 7th Oct . Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Parallel pattern breakout in BAJAJ_AUTO and taken support . Good to go long . Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Price is currently at Resistance in PIDILITIND. Wait for reversal or breakout confirmation to take position . If resistance break with breakout candle ( Good volume and big body candle) go long . Else if it reverses go for short but no large target as trend is up . Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade...
Looks like a breakout of resistance. Wait for another confirmation candle and go long as mentioned Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Price has taken support in AUROPHARMA. Expecting to move further . Good to go long SL should be below support area Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Price took support in Parallel channel of WOCKPHARMA. This is for Positional trade . Good to go long as price took support and also closed above 200 SMA. Make sure to exit the trade if price close below 200 SMA untill that you can trail your profits . Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Parallel channel breakout in ACC but seeing 200 SMA as resistance so go long and book your profits at moving average or trail SL with cost price. Conservative traders wait for retrace and go long . Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Pennant pattern formation in INDIACEM. Look for breakout and take trade accordingly Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Ascending Parallel channel in TITAN
Breakout of resistance in APOLLOHOSP. Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Long after green candle in JUBLFOOD Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.