GICHSGFIN
L&TFH L_TFH 133 ->160 21% recommended buy - Rachit SethiaL&TFH 133
TGT 160+
SL 120
RR > 2.5
Return > 21%+
Timeframe < 6 months
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
GICHSGFIN : Followup on last study GICHSGFIN : this is follow-up of our last study posted
Study at your end this is just my personal view and it can be wrong 100%. watch Full analysis of GICHSGFIN
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L"
GICHSGFIN : Ready to break resistance GICHSGFIN
Weekly : on weekly time frame trying to form HH HL pattern
Daily TF : Very good volume + Big bullish candles
1H TF: near weekly resistance, once break and retest good chance to enter.
Study at your end this is just my personal view and it can be wrong 100%. watch Full analysis of GICHSGFIN
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L"
#GICHSGFIN #IBULHSGFIN #REPCOHOME #LICHSGFIN #HDFC #HUDCO #LOAN
NSE: GICHSGFIN
CMP: 143
Target 183 ~28%
Stop Loss: 129
TF < 3M
RR > 2.8
NSE:GICHSGFIN
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
GICHSGFIN (4H) Backtest : 69% win rate across 13 trades => 11.4 Detailed backtest result : prnt.sc
Non-looser = 77%
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs/lows) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to begin trapping the traders.