varadtambolkar

varadtambolkar

All observations on chart. Upper Trend line, if this trend line tested 8 times more than lower trend line. So if this line is crossed price will move sharply as compared to lower trend line as it is tested fewer times (4 times). Over the 10 months narrow range volumes have increased significantly compare to 2017 up move. Overall if you want to play out this...

varadtambolkar

All observations on chart.

varadtambolkar

All observation on chart. Below is the short term view for Entry Looking at the overall structure, Current levels are tempting to buy and hold for Big returns.

varadtambolkar

All observations on charts. Larger the consolidation powerful is the breakout simple set up.

varadtambolkar

All observations on chart. Stock is consolidating since May 19 till today. Even during crash and bull rally stock didn't participated either. Expecting a good move here.

varadtambolkar

Since December stock is moving in a tight range of 540 to 610 , Lows are shifting higher. Same Resistance around 600 610 is approached with higher lows. Good accumulation between 410 to 610 as suggested by huge volumes. All these things show stock is ready for a breakout soon

varadtambolkar

All observations on chart. Consolidating for long time. Longer the consolidation more powerful is the breakout. Check out similar breakouts below.

varadtambolkar

All observations on chart. The big green candle has closed outside the box, but will wait for further few candles. on 30 min chart nifty has formed 3 back to back green candles & on 15 min chart has formed 4 back to back candles. Chances of Up move are higher. If sustains outside the box this can move till 15160/15240 /15320

varadtambolkar

All observations on chart

varadtambolkar

All observations on chart. 64-72 rs band is acting as a resistance since 2014, but it is tested multiple times, This will be 10 year breakout 45 rs level is breakdown level. Stock just formed a narrow range below breakdown level for 4 months and recently gave a breakout. High chances that stock will cross 45 rs. After crossing 45, 64-72 will be first target....

varadtambolkar

Multiple Rejections at a same levels means weakening of Resistance. Stock faced 5 Rejections at marked Neckline. Stock consolidating since 4 months. Longer the consolidation, Powerful is the breakout. Combining both the observations, Move will be sharp. Targets will be 48/58/66 Stop Loss below Consolidation lower band. Not a Trade Advice/ Recommendation. Do...

varadtambolkar

Now after today's Gap down opening, the gap is filled today itself. Wait for move beyond marked levels, till then expect a sideways move

varadtambolkar

Stock is consolidating since 8 months, either side breakout can trigger big move. Larger the consolidation more powerful it the breakout

varadtambolkar

Tight range & volumes dipping. either side sharp move possible on daily time frame it will be a new swing high.

varadtambolkar

Double bottom breakout done. after testing might fill up the gap formed.

varadtambolkar

USD INR at 11 year old trend line support, Might test the upper trend line.

varadtambolkar

Wait for the box to breakout.

varadtambolkar

Simplest set up. Will wait for these high lows to break.