Inverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly...
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 lose. Dear all Pls provide likes for my ideas as it...
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 lose. Dear all Pls provide likes for my ideas as it...
Buy and hold it will kiss 2800 to 2900 for few months
JAMNAAUTO which made a high of 52 recently, is now facing restance at 50 levels, once breaks 50 level, it can go cross previously high. and it is making higher high's on daily time frame and continuously trading at higher levels. once it breaks this 50 level it can go upto 60 soon.
From one student to another.
Case A: Case B: Sideways trend yet moving upside in a tilted fashion.
Wait for the correction and retracement Near 330 to 340 is our buying range Wait for the correction
Mahindra forming a triangle pattern n on verge of completing the cup n handle pattern. Lets hope for best n this is only for educational purpose.
Trend continuation happened after undergoing a triangle correction wave. I'm just a beginner trying to learn Elliot waves.
TITAN is trading higher end of the upward channel on daily time frame, support is placed at 1250-1270 level, however strong resistance placed at 1340 and all time high also placed 1388, which is now trading 10% below all time high. As gold prices are falling, we can see a increase in jewellery sales,
SBICARD started making lower high's on daily scale, closing below 800 level will bring more weakness to this stock, next support placed at 720 level as per weekly chart. RSI was tried to reclaim 60 on weekly scale however it faced resistance at 60 and started sloping down. during result week it fell from 900 to 760, last week gains of 8% were evaporated by this...
This stock is making lower highs with same low level on daily chart by forming a Descending triangle, breaking 2000 level will open the downside upto 1800 level. as this Sep-2020 quarter results were weak. it could likely break downside.
Closing below 690-700 on daily basis will pull the stock to 200DMA, which is placed 625. 625-650 act as a potential buy zone.
support level is placed at 250 on hourly chart, buying seen from 255 levels, if it closes above 275 on 15min candle, we can go for buy for an upside upto 300 level.
Ascending Triangle Definition: An ascending triangle is a type of triangle chart pattern that occurs when there is a resistance level and a slope of higher lows . It is defined by two lines: . A horizontal resistance line running through peaks. . An uptrend line drawn through the bottoms. The higher lows indicate more buyers are...
ADANI PORTS - IN RANGE PAST 3 DAYS TRADE OUTSIDE THE RANGE WITH PROPER BREAKOUT WILL VOLUME AND PULLBACK