Biocon - Bullish divergence + Bullish Kicker Pattern + Trendline Break
Looks good for next bull phase.
Price moves because of the war between the bulls & bears. Direction is decided by who takes the control. Generally whenever price is nearing support or resistance, the intensity of the war between bulls and bears increase. Therefore price consolidates. I have marked it in yellow rectangle box and that area is known as "price rotation". Still the bear trend have...
Nifty Triple top, where it should go ? See the chart
Nifty Day setup - Some targets achieved, few waiting Due to symmetrical triangles ( multiple), there was multiple targets today. One target is over. Cautious on 2nd target ------------------------------------------------------------------------------------------- If you like your favorite author idea, please like it or comment on it
Nifty is forming a rising wedge formation which is a sign of back to normal phase of markets, crackdown might be edging around the corner. if you have any queries regarding above idea or any other stock feel free to D'M Announcement : We launched TruStox Community, A community driven platform for Traders with almost all features that a trader needs. Here...
BANK NIFTY.. double top..negative divergence..at 50 dma..
CANFIN homes is trendling up on a upward trendline. but is at strong weekly resistance it has weekly 100 MA and weekly trendline as strong resistances. any break below the rising trendline can have a serious correction.. avoid longs..
SBI may have formed dark cloud cover on daily chart.. confirmation will be after tomorrows candle. todays high will be crucial levels..
Nifty is forming negative divergence on weekly charts.. and unable to sustain at 12000 levels.. expecting further correction..
HDFC is resting on the trendline.. a close below can trigger downside..
This is a classic example for explaining "tails". Price was nearing the support and both buyers & sellers were trying to take control. This was expressed by upper wick & lower wick candles formation. Support was at 462 - 464 levels. Whenever we saw battle between buyers & sellers, we have to wait for few minutes so that we can get trend direction confirmation....
nothing to explain ,everything visible on chart
AUDCAD SHORT Trade Parallel channel Formation 10k$ position size lets hope for best thank you