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RISKY 1:4 RATIO Today's chart analysis Reliable data services Ltd Microcap Company has very high risky stock The company belongs to IT field, providing complete customized services to various banking, financial services and other manufacturing industries in the field of back office processing Technically analysis 1) stock near-lifetime high and above listing price 2) Stock is above listing price so this can be taken as support The chart has ascending triangle pattern 4) It takes 5 years to move above listing price 5) so now Stock have heavy potential to move to a lifelong high 6) Lifetime high 72 may act as resistance and also 63-65 level 7) above 63-65, definitely move 72. 8) below 60, take as stop loss for reaching a lifelong high level 9) risk-reward ratio is 1:4 10) very risky stock 11) no recommendation for buying and selling 12) only education purpose
NSE:RELIABLELong
by investigationofchart
BluetonaFX - EURGBP Ascending Triangle LONG IdeaHi Traders! There is an ascending triangle formation on EURGBP, and there is a possibility of a breakout to the upside. Price Action 📊 The market is in an ascending price channel with higher highs and higher lows since breaking above the 20 EMA, creating an ascending triangle pattern on the chart. We are looking for a resistance break and a close above the 0.87014 level. Fundamental Analysis 📰 The market's outlook on GBP is currently negative due to weak economic data recently released. The outlook on the GBP looks very negative at the moment, and the demand for the currency is very low, whereas the market's outlook on the EUR has been recently positive, with the ECB recently raising interest rates by 25 basis points to 4.00%.   Support 📉 0.86604: PREVIOUS DAY'S LOW Resistance 📈 0.87014: TWO-MONTH HIGH Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
2
Descending Channel on EUR/NZD @ D1A descending channel pattern has formed on the daily chart of the EUR/NZD FX pair and offers a bullish breakout opportunity. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line. The stop-loss is to be set to the low of the breakout candle (or to the low of the preceding candle if the breakout one is trading mostly outside the channel) - it isn't shown on the chart.
Long
by AndriyMoraru
Descending Triangle on EUR/CHF @ D1A descending triangle pattern has formed on the daily chart of the EUR/CHF pair. It can be used for a bearish breakout setup. The triangle's borders are marked with the yellow lines. The cyan line is where my potential entry level will be. It is located at 10% of the pattern's height below the lower border. The green line denotes my take-profit level. It is set to the 100% of the pattern height plotted below the lower border. I will set the stop-loss level to the triangle's highest point (0.96926) - the red price marker. I will ignore bullish breakouts from this trend continuation pattern.
Short
by AndriyMoraru
Ascending triangle pattern 1) Analysis of the weekly charts 2) Chart patterns break out on the charts. 3) Charting an ascending triangle 4) The stock's resistance level was 426; the breakout with an ascending triangle pattern is good sine 5) The pattern's trend continues 6) excellent value accumulation 7) The uptrend appears to be unbroken. 8) target level of 580 halt loss of 370 9) Use 398 as a stop loss with 500-505 as the target level. 10) The stock's sentimental resistance level is 500. 11) No advice for buying or selling 12) solely for educational purposes 13) not liable for any sort of buy or sell, perform your own analysis
NSE:JINDALPHOTLong
by investigationofchart
saucer pattern formation • weak chart analysis • my first saucer pattern discussion • stock GIPCL chart pattern formation like saucer • stock October 2017 to September 2013 time taken to form saucer pattern • Long-term consolidation means high potential for a big move • chart consolidate between 68 and 94 multiple times • The 128–130 level also serves as major resistance for the stock because in 2010 and 2011, the stock multiple times hit this level and returned, making it impossible to break out • 130-level breakout and sustained from 2 sessions (weak) • volume in stock is good • volume indicating accumulation at lower level of the stock • accounting fib retracement: 0.786 level 123, 0.618 level 106, next level stock 200+ • sentimental resistance for the stock: 150 • above 150 level stock touch 200 and keep stop loss 128-130 strick Stop lost
NSE:GIPCLLong
by investigationofchart
Strong Strength Buy SignalWe can see a strong sentiment in Ashok Leyland Nifty Auto is down today but Ashok Leyland tested its previous resistance and took support today and climbed up with good move I think the stock will test its resistant at 156 in upcoming days as the stock is in the bullish momentum from past few days. Ashok Leyland might even go up above 156 if it breaks and takes support at 156. In live market I can see a hammer pattern formation till now made by the stock with high wick at the bottom that shows buying from lower level. Write me if any modification in the analysis and do write me your view on this analysis. Also please consult your financial advisor before investing
NSE:ASHOKLEYLong
by confidentHeron57603