for education purpose only all details are in charts
inverted head and shoulder pattern pros: good volume breakout break horizontal resistance RSI 66 favourable good green candle cons: ADX is 19 indicating weak trend or trend reversal
horizontal resistance good green candle script trading in rising channel pattern buy above 98 for first target of 102 T2= 106 T3 =112
BULLISH ENGULFING PATTERN IN HEIKEN ASHI PATTERN target 570 stolposs 550
technical highlights rising channel bullish hammer formation bounce back from 100 dma levels: stoploss =53 target 1= 69 target 2= 78
risk reward ratio=1:1 resiatance breakout green candle with food volume RSI 57 closing above middle band
TECHNICAL SETUP * range breakout with good volume * today big green candle is crossing DMA 200 * RSI 67 * buying volume breakout after selling pressure * FIB retracement till 50 % TRADE HIGHLIGHTS * BUY= 1270 * STOPLOSS=1190 * TARGET 1= 1350 * TARGET 2= 1450
technical set up rising channel pattern higher lows pattern big green candle breaks 200 dma from downside previously taking support at 200 dma also levels: stoploss= 1410 target 1= 1585 taregt 2=1680
description in chart bullish for short term till the lower band of channel overall rising channel
TECHNICAL SET UP horizontal resistance RSI 66 this time green candle with good volume is formed near horizontal resiatnce TRADING HIGHLIGHTS BUY = above 1825 on closing basis stoploss= 1762 target 1= 1920
technical highlight * taking support at 200 dma *ADX is 40 indicating trend reversal will take place * previously also stock had taken support at 200 dma *RSI is 37 ;starts increasing slowly stoploss=500 target= 650
details are in charts ath breakout pattern volume breakout
trade setup *wave 2 retraces more than 50% of wave 1 * wave 4 retraces approx to 50% of wave 3 *now uptrend is expected in the script. * target 1= 390 * target 2=405
inverted head and shoulder pattern horizontal resistance breakout higher lows pattern lower supportive trendline volume breakjout after consolidation
buy above 777 near ath good movement is expected above 777
technical setup : bullish hammer formation bullish engulfing pattern on heikin ashi pattern bounce back from 100 dma levels: stoploss= 54.4 target 1= 62.5 on basis of immediate resistance targett2= 66 on basis of fib retracement target 3= 72
technical set up horizontal resistance lower supportive trendline volume start building
horizontal resistance breakout volume breakout inverted head and shoulder pattern on daily time frame higher low pattern supportive trendline lower RSi 68 buy at CMP for target of 975