Hi, This script is making all time high. It is also forming patterns inside pattern. That is inverse head and shoulder inside Cup and handle formation. Whenever there is this scenario where we find nested patterns, it adds more confidence in the script and probability of upmove increases. Based on the uptrending channel formed and Height of cup in cup and handle...
GNFC after good correction and base formation has given a breakout with high volumes of downward sloping line. This can take the script to all time highs with good risk reward.
Hi Traders & Investors, I am excited to share my next script. Its Etsy! The script has formed a nice ascending triangle after a decent correction. Ascending triangle formation is a nice base formation pattern which can give good entry points and the risk rewards are favourable. This pattern has a high success rate and can be considered before the breakout or...
In this script we see a nice falling wedge pattern formed and a breakout is seen on daily and weekly charts. The failure rate of falling wedge pattern is around 8-15% so its a high probability setup. Based on setup targets can be 88, 120 with stop-loss around 73 or 66 based on daily closing basis. any dip from here can be good point to enter.
Complex inverse head and shoulder pattern + Double bottom pattern + Darvas Box consolidation + Cup and handle pattern When so many patterns are formed in one chart the probability of BIG move is very high. One can trade for All time high target and stop loss below 295 on daily closing basis
If we look at the charts of Gujarat alkali the volume and uptrend price movement speaks for itself. The stock has made all time high recently and is consolidating since then near the high levels. The stock is making higher highs and higher lows on consistent basis and its available near the trend line. the targets based on fibonnaci comes out to be 1250, 1600 1800...
If we look at the analysis, I have tried to keep it simple. It is a prediction based on decent risk reward and a bounce from 214$ can take it to atleast 260 levels first.
KEC International is trading near all time high and formation of bullish flag pattern with increasing volume on weekly trend basis gives positive indication. Once closing above 445 on daily basis can see 620 levels with stop loss below 415 on weekly closing basis.
Good base formation seen in Indiabulls housing finance. Looking at graph we see the script has started making Higher Highs and Higher Lows ( HH-HL ) For entry 212-242 is safe range for good risk reward . Stop loss should be 193 on weekly closing basis. First target is 330, second target 390. I will review it once target or stop loss is hit Happy trading...
RAIN INDUSTIES has formed rounding bottom on weekly chart and the up trend is intact with rise in volume. Looking at the chart Stop loss of 195 and targets of 320 can be seen first. Plan your trade based on risk reward
In the chart we see that Geojit finance has formed a clear rounding bottom and the trend channel is followed by the script. Here clear targets are 140 and 200 in coming time with stop loss near 65-67 range. Almost risk reward of 1:7 Plan your trade wisely. Happy trading :) Regards, Kunal
If you see the chart point 5 of the wave is the target using Elliot wave.
As seen in the graph, big Ascending Triangle is formed in Silver. One can take entry near 25.6 to 26.2 zone. SL below 25.5 and target of 29.5 USD first then 35 US
The support levels and trend lines respected by btc is an indication of strong up trend continuation. Immediate targets are 20100 and gradually 23000.
long term support in $ - 480 to 525 Short to Mid term targets in $ - 685, 750, 950 Preferably buy near inclined trend line
As we can see from the graph the script is forming higher lows and volatility is getting contracted near 132 levels. Once the 132 levels are broken on daily chart one can see targets of 200 first with Stop loss of 100 on daily closing basis. Here the trade is high probability because with price rise volume is also increasing so a good level of accumulation is done...