*Let it cross the 50 EMA with confident volumes in 1 DTF! *The trend may go Up-Wards or Down-Wards, because of that we are supposed to follow strict SL. *There is lot of bearish candles before in the trend, but I see something is changing in the trend! LET'S WATCH!!!
*High-Tension lines alert! *First Target is 10% just above UPPER TREND LINE as of now. *Look for bullishness and volumes if it breaks the UPPER TREND LINE in future. *SL should be put below the support of H-T Lines. *If EMA's(20&50) are broken with high volumes up-side then continue holding the stock.
*This is just a good Up Ward Channel Pattern. *Fundamentally sound Nifty Heavy Weight. *Low BETA Stock, best during the volatile market conditions. *Long Term Trend is Bullish as you can see, so trade with the Trend.
As it is triangle we should wait for the correct time to enter i.e., after the Break-Out. I think it would take some time in the present market conditions but wait until the Volumes accumulate. The Stop Loss (>3960) is good and Target is >20%.
The chart is looking good and just the SUPPORT & RESISTANCE wait for the move in RIGHT direction and then take the position. STOP LOSS would be (>8153).
Strong Support Downside!!! As you are aware of my new strategy which is majorly depended upon the HTL (High Tension Lines) with a T (Triangle) formed around. Look at the PERFORMANCE RETURNS generated by my previous posts(ADANITRANS,PHOENIXLTD) it is working perfectly fine if executed correctly mates. Lets all watch how this VTL is gonna go, join me by...
***Those lines which are marked, I call them as HIGH-TENSION lines. **These lines form when there is equal pressure from buyers and sellers, levels are between (924 and 999). *Until and unless there is no one giving up the pressure will be same between them, so that's the reason I called It as High-Tension strategy. *Wait for the perfect break out to happen...
*The series of candles since 25 Jan represented in RECTANGLE BOX is the TUG OF WAR between buyers and sellers. *I call this as "HIGH-TENSION" line and there is a great probability that the line gives break on the either of sides. *This is likely to give upside move because of the strong support on 50EMA on 15 Feb, let's see:-) *Time takes but will wait and I...
#This triangle pattern is looking very great and this looks like it's gonna break upwards once the market conditions are settled. #The stock also posted good Q3 numbers. #Don't forget the big wick formed today, just wait for the strong close upwards that sustain at least for 2 DAY candles.
#IMP POINTS 1.The stock has been in the consolidation from 176 days(6 months roughly). 2.Broke out exceptionally after the the good accumulation. 3.It is fundamentally sound stock with good quarter results is add on advantage. 4.It had broken up the triangle with strong volumes! Note: Enter after breaking the yellow line with good volumes and can expect to...
#As you can see the Wide widget pattern or Up-Wards Channel what ever you call it is looking pretty bullish! *But some circumstances to be noted for sure >Omicron variant. >FII's selling. >Volatility of the markets based on news. #But one thing we can see is that the stock is pretty bullish in higher TF's and Volumes too. *The ideal target is the Swing High Line...
>The Supports and Resistance are unlimited as you look. >The risk to reward is what I mentioned on the chart also with the stop loss. >Target is upper trend line.
>Route is a good company to look out for if you are concerned to look BALANCE STREET AND P&L! >The company is good with fundamentals and operating in good sector with a great scope for CLOUD SERVICES in coming feature. >The technical point of view is also great! >Should wait for a good volume bounce back and enter. >SL is ideal under the trend line, if bounced...
stock looks significant both Fundamentally and Technically . *Delivered a good Top and Bottom line numbers in Q2FY22 *Also potential for a Break-out in Tech-chart is also high, backed with good number of Support and Resistance it took.
Wait for the perfect break out and take the action after conformation.(Wait for at least 2 candles) Put the SL according to your loss appetite.(765.25 would be ideal for all in my view.) I suggest to play it safe in the SWING rather than in INTRA.
As you can see there is a TRIANGLE breakout with good volume. Go LONG after the conformation of the trend as per you and don't forget to keep a perfect STOP LOSS.
It has took good support and resistance at the following points that forms a TRIANGLE and also given a strong BREAKOUT in the weekly time frame. IN addition the telecom sector is also backed up with strong news to look it in the fundamental point of view. Go LONG with the strict stop loss that fit your risk appetite and thank me later.
Wait for the break out to happen and then take the action LONG or SHORT. It is in the consolidation over a month now. Just for the purpose to put it in the close watch, before taking an action create GTT. Thank me later but I welcome every one to view this chart.