Indicators like rounding bottom, consolidation, reversal candles supporting further upward movement. Buy: 1399 SL: 1310 Target: 1486----1600-----1840 #TradeTheTrend#TechnicalPick
Go long if the stock breaks 3350 with volume. Stop loss with the low of the 1 Day candle that breaks 3350. Targets: 3500----3950----4250 #TradeTheTrend#TechnicalPick
Rallis India at a price of 280 has broken the channel supported with strong volume. Target: 300--325--360 Stop Loss: 255-260 #TradeTheTrend#TechnicalPick
Any pattern giving a retest after a breakout rally strengthens the conviction to go long as the base has now become more stronger. #TradeTheTrend#PortfolioPick
Buy: CMP Stop loss: 285 Target: 325--350---420 #TradeTheTrend#TechnicalPick
Prices of aluminium soaring high with lot of scope still left over EV theme play where usage of aluminium increases by a larger extent Nalco being one of the largest producer and is on the verge of breakout Buy: CMP Target: 120--130--140---175---200 StopLoss: 90
Price action is helping us understand that every stock forms certain patterns and it is our responsibility to understand and act accordingly in short term Long consolidation might be extended for few more weeks before the breakout The expected target is 500 with a stop loss of 290 #TradeTheTrend#Learning#PriceAction
Buy: Above 2370 Stop Loss: 2270 Target: 2500/2700+ #TradeTheTrend#TechnicalPick
A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. The double bottom looks like the letter "W". The twice-touched low is considered a support level. It solely depends on the individual on the interpretation of double bottom. Few consider and enter the trade...
Respecting the breakout level after the breakout Breakout after 13 years Fundamentally a strong stock with future potential prospects Buy: above 1870 Stop Loss: 1500/1600 based on risk appetite Target: 2800-3000+ Time Frame: 1-1.5 year
Ascending Traingle Breakout learning + opportunity to trade #TradeTheTrend#Technical Pick
How does one take position based on the trendline support. Here consider the previous price action of the stock price and its behavior. Apply stop loss not for the price point selection for the company slection. #TradeTheTrend
Mentioned are the few of the parameters to be considered while taking a reversal trade Comment below in case of any queries #TradeTheTrend#TechnicalPick
UBL is forming two patterns at a time: Multiple Top and FLag & Pole patterns. These patterns are forming after a consolidation of 3 years coupled with strong RSI above 60. However, one has to wait until the stock price breaks the resistance level. #TradeTheTrend#TechnicalPick
Stop Loss:182 Targets as mentioned in the charts, designated by green lines #TradeTheTrend#TechnicalPick