VCP pattern breakout and now awaiting breakout from a retest flag pattern. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn together. Please support the effort and appreciate...
Self Explanatory. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn together. Please support the effort and appreciate it with a Like if you felt it deserves it and Following me...
Coming out of a VCP or a cup and handle pattern. Awaiting a breakout. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn together. Please support the effort and appreciate it...
At 402 , there is a strong resistance from a long trend line. Safe playing investors should enter only above 402 on "closing basis" for the targets in green in due course. However, the ADX > 25 indicates a very strong trend at the moment backed by a Golden Cross recently. So risky investors can take a chance entering at CMP- 373 for a target of 402 which is about...
Witnessed a strong breakout with strong volume from a Falling Wedge Pattern. Chart is self explanatory. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn together. Please...
Having crossed a few resistances , the stock is on song riding the channel beautifully. One can enter even at current market price for a target of 174. As long as the price doesn't break the lower side of the channel ( orange line) , there isn't any threat.
"Stocks Go Down Faster Than They Go Up, but Go Up More Than They Go Down". In this case it might as well go up fast. Lets see ! ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn &...
Higher Highs and Higher Lows. Green volume candles longer than red candles. Fasten your seat belts and enjoy the ride. ***** Help Me to Help Us. Always keep a stop loss to rescue you out of troubles. I believe in keeping the chart simple with minimal drawings & easy to interpret. So kindly express any disagreement & improvements so that we learn & earn...
Awaiting a Breakout from a Cup and Handle Pattern. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn together. Please support the effort and appreciate it with a Like if you...
Self explanatory chart coming out of a Rectangle pattern after 2 failed attempts to breakout. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn together. Please support the...
It is a Weekly Chart. Around the zone of 100 is an intersection of a few resistances, so it is better to enter above 101. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn...
Wait for a breakout above 2358 for a safe fresh entry. There has been a long uptrend followed by a consolidation at these levels.
With The China border tensions and GDP numbers coming at a time when NIFTY hit its resistance after such a long rally, one should trade carefully and cautiously. 1) Nifty can bounce back to 11625 and consolidate between 11625-11387 which would be great and healthy. 2) Nifty can bounce back a bit and again fall below 11387 in which case we could see further fall...
CMP 27 After a long consolidation around the 22-25 the stock broke out with good volumes. Above 28.5 there is a gain of 17.5% at least in the making. Also this would be supported by the Golden Cross which is expected to happen in the coming weeks. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. So...
CMP 44.2 The last time I drew my lines, I had disregarded the low on 1st June of 34.2 due to which my stop loss was hit. The revised base line in the Ascending Triangle shows that the support was was actually not breached. However, Stop loss is our best friend at nervous points. Falling is alright but to be a winner one should accept the mistake and move on with...
The stock has perfectly fit into the Bearish Shark Harmonic pattern and also the Parabolic Curve seems to have been achieved. Now the question is what would be the level it would correct to ? Based on the Parabolic Curve, It should take support between Base 4 and Base 3 however, if the Bearish Shark pattern lives up to its name then a stronger correction would...
CMP 47 Chart is self explanatory. Price is above all leading MA except 200 DMA. Breakout is expected soon from a inverted Head and Shoulder Pattern. MACD is positive too. Keep an SL at 44 ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. So kindly express any disagreement & improvements so that we...