kamy4profit

kamy4profit Updated 

We feel that the bounce which may start with today's gap up might sustain because:- 1. Price has reached very close to the important support zone of 16730-16980 2. Trendline support of the expanding triangle is also near by 3. RSI Divergence if materializes if green close happens today 4. EW structure looks complete - only condition is a green close If the...

kamy4profit

Following up on our earlier post for the scrip (link in related ideas and below.... The scrip is moving as per expectations. However, we would like it to reach the upper resistance zone in a clean 5 wave structure. Expected path marked... Lets see how this develops...

kamy4profit Updated 

Price has been consolidating near polarity support. RSI divergence is clearly visible on the charts. crossing 980 would signal resumption of up trend. Lets see how this develops.

kamy4profit

Scrip is at an inflection point Falling wedge on each shoulder of the HnS pattern. Any side trade - whether breakout from falling wedge; or - breakdown of HnS would be very rewarding in coming weeks.... Happy trading!

kamy4profit

Morning Star Pattern at the Demand Zone along with +ve divergence with RSI Lets see how this plays out

kamy4profit

Normally Crab Pattern is associated with fast reversal. Lets see how this develops. Keeping fingers crossed

kamy4profit

Text Book chart on Cloud PullBack Strategy RSI also about to cross 50 Time to jumpin again on the train

kamy4profit Updated 

Kotak Bank is forming a rare Diamond Pattern. Diamond Patterns are very unpredictable and can act as both "continuation" and "reversal" pattern. It would be in the interest of the traders to Not pre-empt the move. Let the breakout / breakdown happen.

kamy4profit

Retracement post breakdown done

kamy4profit Updated 

At crucial juncture

kamy4profit

Lets see how this plays out

kamy4profit Updated 

Hard retest of the 1st pattern resulted in creation of right shoulder. Finally broke out of both the Inv H&S patterns.

kamy4profit

The chart is being shared for educational purpose only. Consult your financial advisor before taking trade

kamy4profit Updated 

Rejection candle (Pin Bar) at:- Trendline Support Kijun Support Hidden Bullish Divergence

kamy4profit

Complex H&S pattern with 2 shoulders on each side

kamy4profit

H & S Pattern formed Bearish trend as per ichimoku Fresh b/d in MACD Break below marked zone could present interesting opportunity. These are my personal views and chart analysis; not a trade recommendation.

kamy4profit

Bearish Butterfly Pattern formed Invalidation Point 69.30

kamy4profit Updated 

PRZ mentioned on the chart. Let's wait and watch for the next move.