study-learning-on-Price-Action

study-learning-on-Price-Action

1. Long Term Pullback at 2000 2. Formed Inv Head & Shoulder with 3200 as neckline. 3. Looks good abv 3270 with 3090 as SL 4. Targets are 3440, 3600, 3800 Learn & Earn Piyush Gupta

study-learning-on-Price-Action

Beautiful 16yrs range, followed by 100% move & complete retracement. Can be added at current level till 140 (Add 50% now & add 15% on every 5% fall till 140) Stop loss will be 135 (day closing) Targets - 185, 200, 240, 280 Thanks Piyush Gupta Learn & Earn

study-learning-on-Price-Action

Excellent long term resistance breakout in Prakash. Looks great opportunity above 220-221 This is risky as usually give huge swings (both up & down) and should be avoided by new traders. Entry - 220/221 SL - 199 (Day closing) Target - 249, 254, 279 Thanks Piyush Gupta Learn & Earn

study-learning-on-Price-Action

SHARDACROP has formed beautiful price action consisting of Falling Wedge Pattern Long Term Resistance Trend Line acting as Support & Resistance It is giving breakout of long term resistance at 575-580 and can be carried as swing trade if closes abv 580. SL is around 535 zone (daily close) Targets are 600 & 650 Thanks Piyush Gupta Learn & Earn

study-learning-on-Price-Action

DLF has been consolidating for 5 months at support zone of 800-850 This has also formed Flag pattern on monthly TF. Targets - 950, 1050 SL - 770-780 Thanks Piyush Gupta Learn & Earn

study-learning-on-Price-Action

1. 205 zone has acted support & resistance multiple times. 2. Zone is valid since 2016 making is a strong zone. 3. 205 is also Fibonacci resistance zone Entry - Above 207 SL - 191 (15 mins close) Targets - 220, 235, 249 Thanks Piyush Gupta Learn & Earn

study-learning-on-Price-Action

ATUL is forming a great SWING setup with below factors 1. Flag on weekly timeframe. 2. Falling Wedge breakout on daily TF. 3. Resistance breakout of 6500 on daily TF. 4. Flag breakout on hourly TF. 5. Fibonacci confirmation on weekly/monthly TF Entry@ Abv 6500 (day close) SL@ 6150 (day close) Target1 - 7200 Target2 - 7500 Thanks Piyush Gupta Learn &...

study-learning-on-Price-Action

Factor# 1 - Long term support at 505-510 Factor# 2 - Flag pattern since last 8 months Factor# 3 - Inv Head & Shoulder Factor# 4 - Mid term resistance at 600-610 Entry@ abv 600 (Day close) SL@ 540 (Day close) Target 690/750 Always work with risk management. Trading is not a guaranteed profit scheme. Thanks Piyush Gupta Learn & Earn

study-learning-on-Price-Action

Since its IPO back in Nov'21, POLICYBZR has gone through price discovery phase and formed beautiful rounding bottom pattern. On daily TF, this has formed a beautiful range which indicate bullish momentum. At current price, risk in the stock is small with 200-250 points potential. Safe Entry@ 1400+ Risky Entry@ 1370 Support zone - 1300 Targets -...

study-learning-on-Price-Action

BLUEDART has broken its mid term resistance at 7400 and now headed to its long term resistance at 7900-8000. If this manages to close above 7900 (8000+ for safe traders), it can witness good upside momentum. 7400 level will become support area (SL). 9000-9100 is target 1. Once this target is reached, will post an update. Thanks Piyush Gupta Learn & Earn

study-learning-on-Price-Action

1. KNRCON between 2014 - 18 gave approx 160 points move and then consolidated for 1100 days. 2. Post breakout it again extended 160 points of move, giving a perfect textbook example. 3. It then consolidated for another 1100 days and finally giving another breakout. Safe entry - 305-315 50% entry - 320+ Avoid in case of gapup above 330 (exit poll can trigger gap...

study-learning-on-Price-Action

1. GRAVITA has given beautiful breakout from its 6 months range. 2. It has high probability for further upmove (if overall market are positive tomorrow). 3. Best entry is around 1125 with max entry at 1150. 4. Support/SL area is 1100 Risk Involved 1 . I will avoid this if overall sentiments are weak tomorrow. 2. During pre-market, check METAL index & mid cap...

study-learning-on-Price-Action

ASHOKA has formed beautiful rounding bottom pattern & is currently testing its resistance zone at 190-195. A weekly closing today above 192 will trigger this. Stop loss for this is around 170 Targets around 220, 250. Thanks Piyush Gupta Learn & Earn

study-learning-on-Price-Action

GEOJITFSL has given breakout of 6yrs long resistance level at 100. This has good upside potential with possible targets at 135, 147, 150+ If this closes above 102 on weekly basis, it can be bought for long term period. Risk in the trade is 15% as closing below 90 will invalidate the pattern. Thanks Piyush Gupta Learn & Earn

study-learning-on-Price-Action

SARLAPOLY is looking good on chart above 78 (weekly closing). This is a 8yrs long breakout with lose Inv Head & Shoulder pattern. As stock has low volumes, it should be traded with strict risk management. Thanks Piyush Gupta Learn & Earn

study-learning-on-Price-Action

BLKASHUAP is near this 15 yrs breakout. Although we may have to wait it out for few more weeks but as majority of stocks have already given massive move, its better to look for stocks have good RR. This may move little up & down for next few weeks before it gives actual strong monthly closing above breakout level. Looks strong above 72 This is for education...

study-learning-on-Price-Action

GLAXO is testing 1900 level which has been major resistance since 2016. Stock belongs to PHARMA sector which has given a breakout & it doing well. This should close above 1910 on weekly basis for any upside. This is not a buy sell recommendation but only for educational purpose. Thanks Piyush Gupta Learn & Earn

study-learning-on-Price-Action

ENGINEERSIN has beautiful Price Action formation where a horizontal resistance of 10 yrs is intersecting with 15 yrs trend line breakout. If this sustains above 165 on weekly basis, this can be a good learning example for next few weeks. This is for educational purposes and not a buy/sell recommendation. Thanks Piyush Gupta Learn & Earn