Today will be FLAT opening in BANKNIFTY. After opening if banknifty start trading above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level. also possible Reversal Downside...
Today's chart analysis Reliable data services Ltd Microcap Company has very high risky stock The company belongs to IT field, providing complete customized services to various banking, financial services and other manufacturing industries in the field of back office processing Technically analysis 1) stock near-lifetime high and above listing price 2) Stock is...
Hi Traders! There is an ascending triangle formation on EURGBP, and there is a possibility of a breakout to the upside. Price Action 📊 The market is in an ascending price channel with higher highs and higher lows since breaking above the 20 EMA, creating an ascending triangle pattern on the chart. We are looking for a resistance break and a close above the...
A descending channel pattern has formed on the daily chart of the EUR/NZD FX pair and offers a bullish breakout opportunity. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line. The stop-loss is to be set to the low of the breakout candle (or to the low of the...
A descending triangle pattern has formed on the daily chart of the EUR/CHF pair. It can be used for a bearish breakout setup. The triangle's borders are marked with the yellow lines. The cyan line is where my potential entry level will be. It is located at 10% of the pattern's height below the lower border. The green line denotes my take-profit level. It is set to...
1) Analysis of the weekly charts 2) Chart patterns break out on the charts. 3) Charting an ascending triangle 4) The stock's resistance level was 426; the breakout with an ascending triangle pattern is good sine 5) The pattern's trend continues 6) excellent value accumulation 7) The uptrend appears to be unbroken. 8) target level of 580 halt loss of 370 9) Use 398...
after valid breakout with candle there are possibility for short position with good risk to reward...but for better confirm we can wait for pullback and take a position
AU SMALL FINANCE BANK LTD Key highlights: 💡⚡ ✅On 1Day Time Frame Stock Showing Breakout of Ascending triangle Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 800+. ✅Can Go Long in this stock by placing a stop loss below 730-.
Last week's weekly candle closed bullish. Looking forward to a continuation up to 0.66700 and a maybe a little higher. I'm also noticing somewhat of a shark pattern on the monthly timeframe which could indicate a larger move up. Stay tuned. Let's have a great week.
UCO bank has broken out of bullish pennant in Weekly/Daily Timeframe, One may consider to go long with SL at previous swing low, 26 , target 45-50. For a holding period of about 4-8 weeks. Happy Trading, DYOR.
DLF has formed initial steps of beginning a Necklace. It will be interesting to see whether Real Estate sector grow up & DLF re-claims it past glory! This is purely for education purpose & Not a Buy Call!
In this Knowledge Nugget I have explained our trade in Jai Balaji which has grown by 100% in last 3 months!
New Entry in Sarveshwar Foods last week basis Weekly Squeeze bars & Higher Low Formation. Hope the range breakout continues!
BSOFT has shown breakout for chasing it's own Necklace recently. It will be interesting if it reaches 500 & 588 respectively.
Here's the other analysis on this pair for the higher time. It serves as a bullish confluence on the previously posted daily chart of cadchf. Go LONG!!!
Waiting for a retest of 1.25477 to short GBPUSD back to Daily swing lows at 1.23100 If you agree drop a like and if you have any questions leave a comment :)
• weak chart analysis • my first saucer pattern discussion • stock GIPCL chart pattern formation like saucer • stock October 2017 to September 2013 time taken to form saucer pattern • Long-term consolidation means high potential for a big move • chart consolidate between 68 and 94 multiple times • The 128–130 level also serves as major resistance for the...
• Ineffective chart analysis • Blue line serving as the stock's trend line; 700 serving as both a technical and emotive support level • High High and Higher Low formation • At the 500 level gap up, the trend line is met, so if you want to take on more risk, you can consider the trend line's support.