BERGEPAINT 558 TGT 667 SL 523 Return 20% RR >3 Time Frame Positional Trades Trade Idea Recommended By Rachit Sethia Shared with 💚
#ASIANPAINT NSE: ASIANPAINT CMP: 3112 TP: 3332 SL: 3010 TF: <1m RR > ~2 times Return > 7% BERGEPAINT ASIANPAINT KANSAINER SHALPAINTS NSE:INDIGOPNTS 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...
SHALPAINTS : Trading under Descending triangle pattern - Levels are on charts - Looking good if found near demand zone with small SL - More entry above resistance zone 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
This analysis is purely based on price action and chart pattern. Analysis is done on daily TF hence it may take several days to couple of weeks to reach its target. Entry can be made above the high of today's candle or on small pull back to upper line of parallel channel. Targets are shown in image. SL can be placed either below consolidation zone or below...
This market has been in downtrend for quite some time. Recently there was strong momentum to the upside from 115 levels which is also a monthly support. One of the reason for extreme movement can be short covering. That price action changed the immediate market structure. 160 and 175 are key resistance areas. RSI had bottomed out and the next swing high will also...