POV: ACE : Pole and Flag Pattern Chart Reading: 1. From May'22 constant Long Run formation, considered as Pole 2. After a long run, the script falls into consolidation and forms a Flag Pattern. 3. This consolidation takes around 170 sessions. 4. Trend and Momentum just started to improve. 5. Price trading around 200 SMA after a long history. 6. Wait for...
POV : NATCOPHARM : Head & Shoulder Expected Entry and pattern Target mentioned on Chart For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions. #NiVYAMi
POV: BHARTIARTL - Breakout of Descending Triangle Pattern 1️⃣ Breakout: A neat and clear breakout of the **Descending Triangle Pattern**, confirmed by high volume, signals strength. 2️⃣ Trend & Momentum: On the daily timeframe, both trend and momentum are in positive sync, adding confidence to the breakout. 3️⃣ Concerns: - On the weekly...
POV: ULTRACEMCO - Edge of Channel Breakout 1️⃣ Channel Formation: The stock has been trading in a range of ~12–14%, forming a channel. The top of the channel has been tested 4 times, confirming it as a strong resistance zone. 2️⃣ Last Leg Setup: The last leg started with: - A double bottom pattern. - Divergence indicating reversal. - A...
POV: NAM_INDIA - Ascending Triangle Breakout 1️⃣ Breakout: On Dec 10, 2024, the stock broke out of an Ascending Triangle pattern with a strong Marubozu candle. 2️⃣ Volume: The breakout was supported by extremely high volume, confirming strength. 3️⃣ Momentum & Trend: Daily and weekly timeframes show momentum and trend in perfect sync. 4️⃣ SMA 200: A...
POV: MAHASEAMLES - DROP - BASE - RALLY Chart Reading: Background: On December 3rd, I entered this stock at a swing high breakout after observing the following parameters: 1. A Double Bottom pattern (A1 - A2) formed at the Fibonacci 0.618 level. 2. This was followed by a Double Top pattern (B1 - B2). 3. Momentum and trend aligned perfectly,...
POV: NAVINFLUOR - Learning for Swing Traders Chart Reading: I marked five potential entry areas on the chart where most swing traders typically take positions. However, there are no clear signs of targets, which makes such stocks more suitable for short-term or intraday trading. As a swing trader, I firmly believe that not all stocks are meant for swing...
POV : MUFTI : Trendline Breakout Trend line + 200 SMA Breakout on 2nd Dec then consolidation zone breakout happening today
**POV: CGPOWER - Channel + Cup and Handle Breakout** **Chart Reading:** 1. Today, it started with a 0.6% gap-up, tested, and traded below the previous day's close, then rose and closed above the channel's upper range. 2. There have been five previous breakout attempts. One attempt almost succeeded, but a market downturn pulled it back into the channel. ...
POV : BLUESTARCO : Fractal Breakout Chart Reading: 1. Price was stuck in 17 sessions of the 7th November day's Range. 2. Daily and Weekly Trends and Momentum are bullish. 3. Previous 2 Fractals (Double Top) breakout For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions. #NiVYAMi
POV : Angel One : Bullish : Cup and Handle Pattern Chart Reading: 1. Cup and Handle Pattern Completed Today (5th December '24) 2. Daily and Weekly Trend and Momentum are bullish. Concern: 1. Range Expansion so SL will be far. 2. Short Term RSI in Overbought Zone so expecting pullback soon. Action Plan : I will take Half R at Entry, Half R will be...
Technical Education Insight (A) Downtrend Line: This line indicates a consistent downtrend until a breakout occurs. (B.1) Trendline Breakout: The stock breaks the downtrend line with strong conviction, marked by significant volume (B.2). (C) Consolidation Phase: After the breakout, the stock trades within a limited range for over 100 days, showing...
POV @ VBL : Varun Beverages Ltd Trade and Momentum Seems in Sync. Market Corrected but VBL not take part in it. 3 days ago result release and accepted by market, little pullback on friday give us good risk reward to play I am expecting breakout from here
POV : VRAJ : VRAJ IRON AND STEEL LTD Chart Analysis: The price level of **240** is acting as a critical **support and resistance** zone, as evident from past behavior. Similarly, in the 209–212 zone, every time the price reaches this area, it sees buying interest, establishing this level as a strong support. Last month, the price took support at the lower...
POV : HBLPOWER : HBL Power Systems LTD POV : HBLPOWER : Double Bottom + Breakout - W 1. Neat and Clean Double Bottom 2. Trend and Resistance Breakout 3. Breakout with Strong Candle 4. Rising Volume Support 5. Recent rising from 200 SMA Entry above candle and within few weeks expecting to reach at targets. Concerns: 1. Big Range Expansion 2. Retest Support...
POV : BEL : Bharat Electronics Ltd Chart Reading: 1. Took Support at Fib Level 0.5 2. Creating Pole and Flag kind of Pattern (which I try to demonstrate) 3. or You can say channel breakout 4. current session closed above previously formed double top 5. bounce back from 200 sma twice Concern: 1. after giving entry and reach to POA might retest 2. my volume...
POV : HCC : It's Time to Ride Again... My 3rd ride on HCC... Let's Hit the Road Chart Reading: 1. Took Support at Deep FIB Level 2. RSI and other momentum Indicator indicate Divergence at bottom 3. Trend Line break on 27th Nov 4. Close Above 200 SMA and holding 2 session above 5. Close above the Recent fractal highs or "Double Top" and form today's new HH...
POV : FACT : Another Wave of Profit Chart Reading: 1. Facts of FACT were in a downtrend reflected by both trend lines (High and closed based). 2. Support : Took Support at 2.A) Previous Resistant & Breakout Zone 2.B) Fib Level 0.618 2.C) 200 SMA 3. Form neat Adam and Eve at the Bottom. 4. Closing Basis Trend Line Breach on 28th Nov. 5. High Basis Trend...