Chart Speaks itself 14% Bullish rally is visible formation of classical HH, HL Combination of breakouts, Chart patterns (C&H, Bullish Flag) Enjoy the ride
After major correction (series of LH, LL), 2281 has started formation of HH, HL (Bullish Trend). Price is ranging in a descending parallel channel. Breakout of parallel channel top, formation of another HH can be a profitable trade. Ride with trailing stop loss.
4013 has been in correction after making ATH. A significant support (Ascending trendline) was broken in recent past for the first time. After completion of Harmonic Pattern, Double Bottom formation, a short upside move is observed (formation of HH, HL). However, ascending trendline will be acting as resistance now. Although, breakout of trendline was observed...
7203 has been in bearish trend (correction) for a while after making All Time High. Formation of LL, LH respecting a descending trendline resistance (Triangle Top) Recently has made a double Bottom confluenced with Golden Pocket, Good Support Level. Breakout of Descending Trendline is observed for first time in a while. After retest, trendline is respected...
TASI has been in correction for a while A trendline breakout is observed recently (with Formation of HH) which gave a short positive upside movement. Formation of HL in progress 11,000 is a significant resistance line Bulls need to break the resistance line for upside movement. Watch for individual stocks for proper entry
Price has taken support from parallel channel bottom which is a strong support/fib ret level. Breakout from trendline is observed Trade with SL
Price has touched an important support level Level has been respected several times recently An upside movement potential is evident Trade with SL, ride the trend with trailing SL
Price has taken support from 61.8% fib level, ready to take upside move Entry at CMP with SL Use trailing SL to ride the trend
Confluence of few supports. Bullish movement is expected. Trade with specified SL.
Breakout of trendline is observed Price respected a very strong trendline support Horizontal resistance zone will be converted to support zone after breakout Aggressive and Conservative Entry points are identified with SL Trail SL further. Do proper risk management.
Classical C&H pattern formation Series of HH, HL Ride the trend. Trade with trailing SL Manage your Risk properly
Mouwasat has taken a correction Positive Divergence on hourly is observed. Aiming for C&H completion Targets Entry @CMP (242 - 243) SL (241.5) 0.6% TP1 (247.6) 1.7% TP2 (253) 4%
Software & Services Sector is in continuous Bullish Trend. Watchout for the resistance until Rising Wedge Top. Trade individual stocks accordingly.
Price has just broken Important Resistance(ATH) Continuation of Bull run, If it sustains above ATH (Watchout level), Retest after breakout is expected. Take your positions on individual stocks within the sector.
Price was moving in downtrend for long time. Support taken from Weekly 200EMA Breakout from Horizontal levels (Supports) are observed. Aggressive Entry can be taken now Conservative Entry above specified line for long. SL is specified
Price is about to break horizontal support. Entry after breakout. TP and SL are specified.
Price has taken support at C&H formation target. HH, HL in formation. Price has reached a strong horizontal level (acting as resistance) Take Entry after Breakout of horizontal level (Resistance); will be converted to support. SL and TPs are specified. Trail stop loss accordingly.
Price at ATH Wait for minor correction Keep Stop Loss Intact for long term entry Short term target, parallel channel top Cup & Handle Formation, Long term targets are specified Stop Loss below Previous All Time High (ATH) or 58.5