trader-for-fun

trader-for-fun

Similar to NELCO after the breakout of Cup and Handle, gave strong up move. Buy this with the view that it is able to close above 13.20 and Keep small SL around 12.20

trader-for-fun

After the breakout of Cup and Handle, gave strong momentum up move. Now post-breakout, trading inside triangle of flag and pole. Very good risk to reward trade. On daily charts, trading inside candle.

trader-for-fun

Excellent Price development and low risk to reward trade. 320-340 was supply zone since 2017. For past 2 months, was trading above 320 band and now looks ready to cross 340 band. Above this price band, we can see strong up move.

trader-for-fun

Weekly Chart Analysis: 1. Formed large Cup and Handle Pattern. 2. Low Risk Entry, as we it is trading near support and already bounced from there previously ~82 level

trader-for-fun

Watchout for Symmetrical Triangle + W-Pattern Breakout. Should sustain above 205 levels on closing basis

trader-for-fun

Weekly Chart Analysis: Watchout for inverse H & S + W-Pattern Breakout

trader-for-fun

Monthly Chart Analysis: 1. Trading in the range of 220-250 for almost 3.8 years. Most candles close in the range. Buyers not allowing to fall below 200, and sellers too not allowing to rise above 300. Tight compression. 2. Right now, trading inside triangle pattern. Watchout for breakout on either side. 3. I am long on this share, because buyers have tried...

trader-for-fun

Weekly Chart Analysis: 1. Chart similar to NSE:XELPMOC, after long wedge pattern breakout...we saw strong bullish candles. Highest volumes also seen during last few weeks. Right now looks like it has absorbed all trapped sellers around 22 levels. Trading above its like time high. 2. Big Cup and Handle pattern formed on weekly charts. Just trading above its neckline.

trader-for-fun

Weekly Chart Analysis: 1. Was trading in falling wedge pattern for 12 years 2. Divergence in RSI 3. Cup and Handle pattern breakout on Weekly charts 4. Cup and Handle pattern breakout on Daily charts. Post-breakout respecting neckline of 90 level. Good place to long, as slowly moving to close above 100 levels.

trader-for-fun

CASE STUDY: Can go long 1. Company with very strong fundamentals and background, deals with Aerospace, Defense, Precision Engineering. Enjoys Monopoly. 2. Post-listing. 1st weekly close was 1082.50. For almost 4 months was not able to give closing above 1st weekly close. 3. Created good range between 900-1000 levels and formed Inverse H & S pattern. 4. Post...

trader-for-fun

CASE STUDY: Gave meteoric rise of 400% in 1 year, Key observations, 1. Range Breakout of almost 1.5 years, 2. No major fall in this share during market crash of 2020, 3. Post-Range breakout, back-to-back wedge pattern breakout around 250 levels 4. Was trading inside Symmetrical Triangle Pattern for 9 months, finally last week gave breakout with 30% upside.

trader-for-fun

Multi-TF Analysis Weekly + Daily : Cup and Handle pattern and Triangle Pattern on weekly charts + Inverse H & S pattern on daily charts. Buy and Hold with patience for Big Targets. Visit below link to see Inverse H & S on daily charts (s3.tradingview.com/snapshots/w/wqdKlOTT.png)

trader-for-fun

Weekly Chart Analysis : Undervalued tech company, good for investors. Watchout for Symmetrical Triangle pattern and W-Pattern breakout.

trader-for-fun

Weekly Chart Analysis : ~650 level was once support, now acting as resistance. Recently, gave breakout and trading outside falling wedge pattern (TD line 1 & 2). Now, trading inside triangle pattern (TD line A & B ). Buy and Hold with the view that it will give upside breakout of Cup & Handle pattern.

trader-for-fun

Weekly Chart Analysis : ~165 level was once resistance now acting as support. Watchout for Inverted H & S and, Triangle Pattern Breakout. In recent weeks, formed good bullish candles. Good stock to add in your Investment portfolio.

trader-for-fun

Positional Pick - After Range breakout from 30 levels, now looks ready for Flag and Pole Breakout. Hold for 6-8+ months (till Diwali 2021)

trader-for-fun

Weekly Chart Analysis : Excellent Price Action development and good Risk to Reward trade. Buy and Hold with SL as weekly candle close below yellow TD line. Ready for Big breakout. Before Market crash of 2020, we can see huge breakout of cup and handle pattern meeting its expected targets. But then due to crash all gains were lost. We can expect same power breakout again.

trader-for-fun

Weekly Chart Analysis : Small Risk, High Gain trade. Trading inside Big Triangle pattern and good consolidation above 260 levels for past 6+ months. Keep SL as weekly candle close below yellow TD line.