IDBI BANK LTDThis stock breakout major trendline and resistance level so future up move will come
this is only for educational purpose
BSE
Suryoday small fin bankThis stock breakout cup and handle pattern so stock gave good opportunity for swing trade
this is only for educational purpose
MUTHOOTFIN ON WEEKLY RESISTANCEMUTHOOTFIN has reached a crucial resistance level on the chart. The price has respected this highlighted zone, and we should watch closely for a valid reversal or breakout confirmation. Given that the previous run encountered significant selling pressure at this point, careful attention to price action on lower timeframes is necessary for confirmation. A breakout above the resistance will invalidate the bearish outlook.
INFY ASCENDING TRIANGLE IDENTIFIEDINFY has formed an ascending triangle pattern on the hourly chart. A bullish candle has closed just above the resistance level, indicating potential upward movement. However, for a confirmed bullish trend, we await a clear breakout above the resistance. It's essential to note that a bearish breakout would invalidate this bullish projection, emphasizing the need for cautious observation.
AXISBANK: BULLISH BREAKOUT AND POTENTIAL REVERSAL PATTERNAXISBANK has broken out bullish from a bearish channel, suggesting a potential rally ahead. Additionally, there's a chance of an inverted head and shoulders pattern forming. However, confirmation of this pattern requires waiting for a bullish breakout at the key level.
NIFTY50 INDEX BREAKOUT CONFIRMED, WHAT'S NEXT?The NIFTY50 has indeed followed the projection I made last week, confirming the breakout on the channel we identified. Now, I anticipate a continuation of the bearish trend towards the lower support level. This retracement should provide a significant pullback from the current bullish momentum observed on the hourly timeframe.
ICICIBANK POTENTIAL REVERSAL AHEAD WITH THIS PATTERNICICIBANK has experienced a bullish breakout followed by a pullback within the confines of a bull flag pattern. The recent reversal, respecting the upper boundary, suggests a potential retracement within the current bullish trend. Should the breakout occur as anticipated on the chart, a price decline towards the highlighted key level is conceivable.
TATAMOTORS BACK ON DAILY RESISTANCE, WILL IT GO ABOVE 1150 NEXT?TATAMOTORS might establish a fresh peak provided there's ample volume to breach the highlighted resistance zone. Therefore, it's prudent to monitor this level closely for either a breakout or confirmation of a reversal, which will determine the stock's future trajectory. A decisive breach of the resistance could propel it to a new high, potentially surpassing 1155. Conversely, a bearish reversal and breakout below the floor price of 945 would negate the bullish outlook.
SBIN MAY LOOK FOR A CORRECTION AHEADSBIN has been on a robust bullish streak, indicating a possible retracement or correction phase in the near future following its recent rally. There's potential for the price to consolidate within a formed channel before potentially breaking out bearishly, supporting a bearish outlook.
NIFTY50 POTENTIAL BREAKOUT ON THE STRUCTURENIFTY50 is currently within a robust bullish channel, displaying consistent growth since the emergence of bullish sentiment. Price has adhered to the previous high established on the daily timeframe. We anticipate potential price action to remain within the upper and lower boundaries for a period. Upon future confirmation of a breakout at the lower boundary, a bearish trend with significant momentum could be witnessed.
PETRONET LNGThis stock breakout nearly 5 years consolidation level with huge volume
and this is only for educational purpose
NIFTY50 BULLISH CHANNELNIFTY is playing inside a strong bullish channel where we witness a steady growth ever since the bullish sentiment. Price respected the previous high created on the daily timeframe. Where we might see some price action intact with the upper and lower boundaries for sometime. With a future breakout confirmation on the lower boundary, we may witness a bearish trend with a nice bearish momentum.
IOC Bullish Breakout IdentifiedIdentified a bullish breakout on the flag formed. Here we expect a continuation in the rally back towards the previous high formed close to 192+
ICICIBANK Bullish trend ContinuationContinuation in the bullish trend formed under the daily timeframe. Once again we witness a bullish breakout on the bull flag formed where we see a potential rally to the upside. This trend remains strong and valid with a perfect bullish setup.
An Ascending Triangle for MARICO!!!The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern!
For target measure the distance from the start of the pattern, at the lowest point of the rising trendline to the flat support line. That same distance can be transposed later on, starting from the breakout point and ending at the potential take profit level!
BSE ready to run again?The stock has made a bullish flag pattern. It has been consolidating in the last few sessions, volume activity and DMI show bullish strength. It looks good for another run in the short term. other stocks in this sector also look positive
Entry - 2856
SL - 2700
Tgt - 3680
SAILSail has round bottom pattern breakout with huge volume TGT up to 260 SL bellow 139
Educational purpose only
#BSE making pole n flag pattern, above 2934 fatega kya?#BSE CMP 2768, broke out on 1st April 2024 and since then has been consolidating in a small range of 2900-2700 and has made pole n flag structure along with an inside candle pattern.
Breakout above 2894 can take it towards 2971/3005(imp level)/3093/3256/3435/3529/3663(imp level). Below 2529 it will become weak.
DOMSdoms breakout recent resistance and this is recent IPO stock so stock will give good risk reward up to 1:6
and this is only for educational purpose
Just A View - BSE Double Top Neckline Support📊 Script: BSE
📊 Sector: Miscellaneous
📊 Industry: Miscellaneous
Key highlights: 💡⚡
📈 Script is taking support of level 2075 which is neckline of double top.
📈 We may see bounce back from here.
⏱️ C.M.P 📑💰- 2148
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
IDBI BANKBreakout and retest then create good swing opportunity and TGT will be upto 40%
This is only for educational purpose
SCIThis stock breakout in M TF and now retest and D TF major trendline breakout so TGT will be up to 50%
and This is only for educational purpose
KCPThis stock breakout M TF with huge volume and it's retest and create good opportunity for best positional trade This is only for educational purpose
