ProfitPattern1

05:18

ProfitPattern1

1) Since 17 October 2021 to Till date, if we study on volume profiler, we find the stock near to transition area point. 2) 225 is the decisive area, once it is taken-out decisively, we can expect good transitioning movement. 3) In the 235 area, we may face supply and then may see a pullback to 225 area. 4) We can use the pitchfork, to track the movement and...

ProfitPattern1

Indian Bank looks in good shape. It looks like forming a Cup with Handle pattern on weekly chart and volume spurts are supporting at moment. My setup would be like - Entry - CMP SL - 10% approx. Target - 15-20% approx. Timeframe - 3-4 months max. Note: Please note, I am not a SEBI registered and this study is not a TIPS. Please consult your...

ProfitPattern1

NSE:BANKBARODA Bank Of Baroda - Looks bullish as it is forming a kind of Cup with Handle pattern. The pattern is yet to form but volume spurts are building some confidence and biasness for it. My setup would be like - Entry - CMP (77.5) SL - 69~ (10% approx) Target - 15-20% approx. Timeframe - 3-4 months max. Note: Please note, I am not a SEBI...

ProfitPattern1

This study/Idea is not for trade, please consult your financial advisor before actual trade execution. My Setup: Buy - CMP (55.90) SL - 49.6 Target - 10%+ from CMP Timeframe - 3-4 months approximate

ProfitPattern1

Asian Paint looks like again forming a Neo Wave.... Let's see and wait for more structure formation then we can plan next Buy on C. Though we have already entered at 2300 level during the latest correction for swing trade purpose.

10:19

ProfitPattern1

Lic Housing Finance looks good so far and maintaining the Bullish Structure on Weekly chart by forming HH HL. On the Daily Chart we can see good stages and transitions into stage-2 from stage-3. Only worried thing is the Anchored Bar that got made as a result of BO failure. So we may see some rejections while moving ahead till the BO area. I would like to execute...

ProfitPattern1 Updated 

Volume Price Analysis shows that NSE:NATCOPHARM is holding its Bullish Structure. VSA Study Stock has not broken the mid-point of WRC candle marked as 'D" It has consolidated on Low volume after giving breakout Pullback Structure looks about to complete and stock is about to resume its up-move journey Candlestick Study Stock has formed a ...

ProfitPattern1 Updated 

VSA Study for NSE:ASIANPAINT Stock has got good consolidation after the previous Volume based Breakout with WRC. Today it has given the breakout again from current consolidation area. Horizontal consolidation are consider to be good setup, for the reasons please explore some good books on price action. If this breakout survive then it can give a good...

ProfitPattern1 Updated 

Monthly Chart Stock has been in Triangle Structure for around 10 Years! Stock has given breakout of this Triangle Pattern in 2017 Year and given around 250+ points rally. Since Year 2018, it is in downside movement. This movement looks like a Pullback structure rather than a Bearish Trend (enough evidences to not consider as the Bearish Trend can be seen...

ProfitPattern1 Updated 

Volume Price Analysis Below are the findings on the basis of Volume Price Analysis on NSE:BHARATFORG Stock is clearly on pullback structure formation till it breaks the low of WRC "A" with at-least average volume. Once the low of WRC "A" is broken down, stock will also out form the ascending parallel channel . And it may be either for excess trade or...

ProfitPattern1 Updated 

BN Chart Study on 15 minutes TF While opening today, BN price jumped off from yesterday closing area i.e. S&D Area-1. It consolidated little in S&D area-2 and then moved out to open area. It got the similar force of supply which it has seen on 12th & 13th. If you compare the price structure of today with previous day's, it looks like similar except the...

ProfitPattern1

On VSA study, NSE:JUBLFOOD bullish structure is intact. VSA Study Points Ultra High Volume Expansion marked as WRC "A" on chart, has got several follow-ups in the direction that shows stock's bullish structure is intact. After landing into current horizontal consolidation area, stock seems doing some sort of consolidation on low volume. [*} Keep close...

ProfitPattern1 Updated 

MGL has reached at its Very Strong S&D area from where it has taken multiple times support. If it survive and get demand then can head towards 100+ up-move. If it doesn't survive(not get enough demand, and suppliers win) then we can see 100+ down-move too. Down-move of stock is not expected (but in the market we never knows) Oct & Nov month will...