Ascending Channel

NIFTY BULLISH CHANNEL TO BE TESTED TODAY NIFTY INDEX TREND SETUP -there is a bullish channel on a 30-min chart on nifty index -which might be breached in the opening -important thing is nifty is having support at 9720-9750 -that is the area from where we have seen strong bounce back -it remains to be seen if nifty bounces back from this levels or not -we have expiry today break i doubt that we might break below 9750 on closing basis NIFTY TRADE SCENARIO -avoid taking directional trade today as we have expiry -market might again ra

by manavtechresearch

zeel long (ascending triangle)1st broke nice ascending triangle and now forming ascending channel.

Titan trading in a proper bullish channel Titan trading in a proper bullish channel, its facing strong resistance at the psychological level of 900. once it breaks it we will see a huge upwards movement in price.

RELIANCE broke Channel support on Weekly It has broken weekly support in a ascending channel. but has a immediate support 10% below the current price. i.e 1350-1390 levels, good to buy at these levels for long term.

BAJAJ AUTO UPTREND CHANNEL MIGHT BE IN TROUBLE READ THE CHART FOR DETAILED STUDY

by manavtechresearch

LONG POSITION ON INFOSYS [ b]This analysis is only for educational purposes, Invest at your own risk! INFY closed at 652.30 on Friday with relatively low volume near its Support line An uptrend can be seen in the ON BALANCE VOLUME INDICATOR Using the pitchfork an uptrend can be spotted in the price too A long position can prove to be profitable by buying in at 652-653 Range and targeting around 670-685 range The percentage profit should be based upon the risk taking capabilities of an Individual ALL TH

by Aditya_Singh21

Nifty - Opening Long in Counter Trend. Nifty Long at 9100 | Stop-loss 9000 | Target 9600 Risk Reward 1:5 Nifty moving up slowly and on the daily chart, it's making series higher highs and lower lows. The Primary and Intermediate trend is still down. Trading this counter-trend rally with very tight stop-loss.

by Equity-Earningz

TITAN Ascending Channel & Price at Resitance TITAN has a key resistance level at 1038, if it close above this level and sustains, it can rally upto 1120 levels and touch the resistance of the channel.if it comes below 1000 level then it can go down upto 940-950 levels.

NIFTY'S NEXT MOVES Hi dear friends, I am posting my own view on nifty/s next moves. Nifty formed a bearish wolfie wave chart pattern in the monthly chart. So It is expected that nifty may touch 7000 levels in the coming days. As wolfie wave is a powerful chart pattern and its reliability is more. So please watch the moves of nifty. This is only for educational and learning purpose only. I am not giving any recommendation. Please do your own analysis in buying or selling. Please watch only the m

short candidate ascending channel

by tradeforself

Buy GBPAUD : At the bottom of the channel GBPAUD has formed a rising channel pattern on a daily basis with the current prices trading at the bottom of the channel, creating a buying opportunity. The expected target for the trade is at 1.8200 which is the mean of the channel and the SL for the trade is at 1.78232.

by forexnoobmaster007

UPL - 60Min - More 10% downside ?UPL is in a deeper bear flag continuation pattern. The stock is approaching a key zone between 556 - 565. This will be the 3rd touch of the bear flag indicating pattern completion. If there are strong rejections at this area the stock can reserve and continue its move to the downside potentially till the 500 levels. Sell Zone - 556 - 565 Traders should enter short only after the close of any rejection candle. ( pinbar, engulfing) Stoploss - 570 Target 1 - 520 Target 2 - 500 Disclaimer This

by PranamGhagare

Jsw steel for Intraday Jsw travels in channel line.. right time for buy entry... target 278.35

by Varthagam-Seivom

ONGC - Long on Ascending Channel Breakout If Ascending Channel breakout happens with appropriate volume, a long position can be made. Entry - 176.70 Target - 187 SL - 171.70

GOLD Technical analysis The bullion metal is in a rising ascending channel formation against the US dollar, in the short-term charts. As of now, it is at its supportive trendline, which we expect to hold. Hence traders can hop in and expect a rally up to the resistive trendline.

GOLD Technical analysis The bullion metal is an ascending channel formation in the 4-hour chart. It faced rejection at the resistive trendline and formed three back to back bearish candles. Hence we expect the counter to remain bearish and the pair to recede to the supportive trendline.

INDIGO REFUSING TO GO DOWN INDIGO following upper channel, making HH & HL. Bears refusing to go down, bulls are ready to take charge. KEEP IN WATCHLIST !!!

EUR/USD Technical analysis The EUR/USD pair after a good move is now consolidating in an ascending triangle pattern. Hence we expect the pair to continue its bullish momentum. Fresh long positions can be initiated when the pair makes a bullish crossover above the resistance.

AUD/NZD Technical analysis The AUD/NZD pair is currently in an ascending channel formation. It is currently taking support at its supportive trend line. Hence we expect the pair to bounce back strongly from this zone. Conservative traders can go long once it breaches the resistance line.

ASCENDING CHANNEL ON HOURLY CHART IN PSU BANK INDEX THIS HOURLY CHART PANEL SHOWS CRUCIAL POINTS THIS MEANS THAT THE INDEX HAS ACTUALLY TRADING IN A RANGE WHICH IS VISIBLE IN STOCKS LIKE:- SBIN,CANBK,BOB,BOI IF YOU WATCH INDIVIDUAL CHARTS MKT MOVES FROM BOTTOM TO TOP AND SO FOURTH BUT CREATING GRADUALLY(HIGHER HIGH AND HIGHER LOWS) TRENDLINE BREAK WILL TEST 3190-50 UPSIDE THERE IS CHANCE OF TEST 3350 BUY CANBK @278.5 STOP@273.85 TARGET@288 LOT:2000 QTY:1 BUY SBI @306 STOP@304.15 TARGET@311.5 LOT:3000 QTY:1

by manavtechresearch

INTRA-DAY TRADE IN SBI SEPT FUT INTRA-DAY TRADE IN SBI HOURLY CHART CHANNEL SEPTEMBER FUTURES BUY@311 STOP@307.75 TARGET@314 LOT:3000 QTY:1

by manavtechresearch

DMART - will it respect the channel?Long above - 1601 Target - 1642 Strict SL - 1574.4

by VishnuTalanki

HDFC life insurance looks bullish in medium term.In weekly/daily, price just bounced from ascending channel support. Also price broke out of falling wedge with good volume, also price closed above upper BB. sl - 450, tgt1 - 545, tgt2 - 580

by ParamjitMahapatro

EUR/GBP Techncial analysis The 4-hour chart of EUR/GBP is in an ascending channe l formation. The centre median of the channel is acting as a good support. As per our analysis we expect it to bounce back from the support to top of the channel.