Ethereum looking very strong above 2450 price. good breakout is about to happen. Target1 2700 Target2 2950 Target3 3180 Target4 3395 Target5 3577
Classical double top rejection with Triangle patter. It may lead to Short or long as per the level suggestion. It has also volume profile which suggest more selling pressure.
Healthy 0.23 levels fibo correction should come in midcap nifty if it has to go far away. The chart looks very simple but it's the most effective way to judge market waves.
Maruti has absolute bullish patter flag breakout. One can start accumulating for good 10% upside target. The only condition is, it should sustain this breakout.
Classical cup & handle pattern to finish with head & shoulders. Very good opportunity spotted. If sustains this level can give good upside move.
The trend is already gone. But posting for the example of my pattern breakout result. Still i can see the potential top target. But only when it retraces/retest on the trendline.
This is showing solid strength over the months. Good long term bullish pattern visible on the charts. One can accumulate for long term swings.
M&M has formed classical inverted head & Shoulder pattern breakout. Trade will be only active when it retest the price. RSI is also suggesting over bought zone so it must come for the retest.
Oracle financials has good breakout pattern formation for inverted Head & Shoulders. Consider it above 4252 for 10% swing trade.
The most simple price action based view on BTCUSDT
Banknifty has formed rising wedge pattern which is super bearish sign in the market. Also there is 200 EMA(purple line) support at the current closing level of banknifty. If somehow it breaks the 47500 levels and sustains below it for 5-10 minutes there will be big targets possible. Only disclaimer is HDFCBank has to support this down fall. Target1 47033 ...
Banknifty has formed super bullish rising wedge pattern. It can easily reach upto 46500 levels. And if it further sustains there there will be big target seen in upcoming time. Target1 45800 Target2 46500 Target3 47000 Target4 47500 Target5 48000
Whichever side it will break, will give 5-7% move. Keep in radar. Ideally this is bullish triangle flagpattern.
Navin Fluorine has formed good upside pattern after long consolidation. Looking really attractive at this price point because had good fall from higher levels. If sustains & consolidate above the trend line, It can propel further. It has my iconic "Slanted inverted head & shoulders pattern.
JSWSTEEL has formed long consolidated higher high flag pattern. If it breaks there will be bull run in this stock above 835. It should break and sustain that level. Retest will be for the double confirmation.
Reliance has good breakout(2hr TF) after a quarter consolidation. Good target visible on the charts.