Trendline from May 2021 has been broken on 24th January but breakdown candle was not a high volume candle so it might go in sideways Also i am seeing taking support on 100EMA line a close below 100EMA line or a close below 1420-1400 can open a way for more downside
On January 2021 script entered a upward rising channel but was struggling to touch upper line of the channel Watch closely 28 oct to 18 nov a breakdown from a small consilidation and also breakown occured with a ADX started to move upwards to 25 and above which further supports the running trend which is a downward trend Took support on previous zone...
hey traders, So today i am seeing a falling wedge breakout which is a bullish sign one can take a trade at current levels or after retesting the breakout 2H/4H chart ADX and RSI are showing strength RED lines are target or as per risk apetite and yellow line is for stoploss Hold for some day LIC IPO can trigger for further upside And before entry do your own...
We can see a downward slopping channel have formed on bandhan bank, On daily chart gave a breakout with a good volume i am also seeing a red candle on last trading day which has low volume i am hoping its a retest of breakout a close above 330 will enable more higher levels before entry do your own analysis before entry
Script name :- Godrej consumer Chart pattern :- Right-angled descending broadening wedge This is short term bullish reversal pattern It's just a information about chart pattern so no target or stoploss
I am expecting this is a bullish wedge pattern volumes are squeezed out Yellow lines are possible targets and red is for stop( or you can place stoploss as per risk appetite Wait for breakout. You can use ADX on moment of breakout to see whether any trend is coming or side ways Happy trading and Happy new year
I can see double bottom on ICICI bank one can take the trade afer retestibg or conforming the pattern target will previous high after that trail you stoploss. If falls down red line will be your stoploss. Before taking trade do your own analysis.
ascending triangle breakout stock started to show momentum after retesting the breakout levels are mentioned in chart Do your own analysis before entering the stock
a long awaited breakout from consolidation we can also see falling wedge pattern which is bullish pattern RSI is showing buying momentum REDZONES are target and GREEN one is stoploss take your trade with your own analysis
Few days back heritage food broke out of ascending triangle and reached 55 levels which was a resistance level took a dip and now it's again back to breakout level, also i can see script trying to take support on trendline and on weekly chart its taking support on 2000ema. Take trade with your own analysis happy new year and happy trading
Right-angled descending broadening wedge is bullish reversal pattern stock took breakout few days ago and i am seeing a successful retest one can take trade and i can see ADX is showing momentum. stoploss will be 167 or as per your risk appetite. Red zone is 1st target after that trail stoploss. Take trade with your own analysis.
I am seeing a breakout from flag pattern. one can take a target for yellow lines to, stoploss as per risk appetite do your own analysis before taking the trade
Script name Radico khaitan can see a breakout from symetrical triangle. One can enter in trade after retest is done. ADX is still below 20 so its better to wait for retest Stoploss as per risk apetite
HCLTECH buy idea. We can see hcltech breaking out from inverted head & shoulder pattern. Best entry will be after retest of neckline for target of 1260 level
After a straight downfall we can finally see a inv head and pattern shoulder which is a reversal pattern one can hop in. RSI is also showing strength. Best entry will after retest of the breakout Red zones are my assumption where script might reach Do your own analysis before taking the trade