TCS - 2100 - PE - 28.50 (LTP) TCS - 2300 - CE - 14.90 (LTP).
This is for educational purpose. I trying to draw Bearish Bat Pattern.
"CUMMINS - Bullish Bat PRZ 738-736 SL 729.1 T1 747 T2 756 CMP 761.5 Date: 07/04/2019 @sa.shameel" for educational purpose only...
"NIFTY50 - Bullish Shark - TF 240 H PRZ 11659-11656 SL 11587.9 T1 11730 T2 11801 CMP 11700 Date: 07/08/2019 @sashameel" *Educational Purpose* Make your own analysis to trade...
3 down spikes mentioned in the chart. Both spikes have the same measurement in numbers. The pivot also has drawn and inner red control price is the first target. Selling in value preferable for my strategy. Follow me and hit the LIKE button if you want to live ALERT .
This pattern important role in the breakout to the downside (Some analysts believe that increased volume is not all that important).We always consider the strength or weakness of volume as being the "straw that stirs the drink." Let see what will happen here minutely and something we can conclude. How can we trade descending triangles? Let's check below will...
Query : How to find trend direction as I am confused with tails. Answer : Yellow line is the support which turned as resistance, Once the price has broken the support, it becomes resistance. When price was nearing the support, the candles were forming with long upper wick, which indicates more sellers were coming in. Once the support was broken, trend was bearish...
Glenmark C-completed 1226.80 to 429.20 Let See Wat Hpn Nxt........
A....B....C...WITH DEMAND ZONE....
Jubilant FoodWorks Just Prediction.......
There're 4 tails at the value high and, 2 tails are detected at value low for a major channel . When the price is higher above the value high, We found the tail as price reject and reversal. For instance, you can observe the trend is up before the tail(1) created. U-Turn has been seen after the tail formed. The same thing happened for the tail (1) to...
TCS PREDICTION WE WILL SEE BLW 1800....
TITAN..still inside a channel. thought weakening. if it breaks the channel can test 20 weekly MA keep a watch
Critics are welcome to comment. I know its too early to confirm the pattern, just trying my hands on harmonics
Hcltect has formed Triangle it can bounce around 80. If 80 is also broken then we may see 60 soon.
TAIL, This is a reversal of prior trend pattern that shows up as one candle reaching out well beyond normal price action. Sometimes referred to as a Hammer which is used to spot signs of a reversal indication . For Example, 1 Tail at a value low and Psychologically, this can signal exhaustion in the selling mentality and a developing appetite for long...