Upper Channel Break down and Possible Head and Shoulder formation
BANK NIFTY ASCENDING CHAANNEL FORMATION SPOTTED Any of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to...
Lemon tree on a daily chart broken the descending trend line. It has done retest at the trend line and formed a bullish candle. Lets wait for the close and see upside rally
Everyone think about how to find target at 52 week high this is illustration of yesterday trade you can find it by a some ways here is one way. Trendline you can see in charts how stock gave breakout and touch the target trendline
Entry @ 78 to 80 with a stop loss at 73 for initial targets of 85
Rounding Bottom, Strong resistance line is broken. Enter at pullback near resistance turned support zone
Watch RPP infra on a daily chart, if it breaks the descending trend line, it can reach 65-75 levels
Nifty chart for reference
NSE:NIFTY from the year 2000 to 2020. High made in 2000 next in 2008 and the same is being tested in 2020. With a major difference being those were peak of a bull run. will this be the peak as well? RSI was too high even on monthly charts in 2000 and 2008. In 2020 its not there yet. Infact RSI also seems to show positive signs.
Can take short position with SL as resistance
Last time i gave 1h Timeframe. It broken the sl and went higher.This time i came up with 4h time frame.No indicator used.just support and resistance and trendline. Education purpose only.you can take trade if you think it is sell.good luck all.
As in USOIL, we can see a Triangle Pattern so it has the potential to give Breakout in any Direction. It's just a personal view.
Glenmark pharma recently crossed an important level. If retest and form a reversal candle, then it can head towards 700 levels in the near future.
Rain industries crossing an important levels today. Can expect movement towards 200 levels