What is Cup & Handle Pattern ? 1.A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. 2.A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long. 3.Technical traders using this indicator should place...
Most common found pattern. Its temporary pause to extended rally. Key to identify this pattern is rejection after breaking wave A start. Always look for very smaller margin rise above start of wave A. C wave is sharp fall to reach 0.382 Fibonacci retracement of rally. All other details explained in chart. Comment your doubts.
aaj to bohot hi alag move dikhaya h bank nifty ne almost sub ka stoploss le kar sub ka maal kata h. aaj sub log shock the bank nifty ne 3 bar aapni chal dikhai h jisme phele half me bull fir 2 half me bohot bear and 3 half me fir se bull dikha diya aaj bohot kaam logo honge jinhone paisa kamaya hoga banknifty se warna zada tar logo ne aaj paisa gawaya h main...
Hello, Kotak bank shows a divergence (RSI) on 15 minute chart, However instead of exiting our long position we can hold the stock till it breaks down the trendline. A recent example, that I personally encountered : On 20th August - 24th August we could see a divergence on the Hourly chart of Hindustan Unilever, snapshot of which can be seen in the comments...
EDUCATIONAL: Weekly chart is indicating topping out pattern BUT NOT YET CONFIRMED! Only when we have a nice red candle following soon, it will be confirmed. The daily chart has two red candles. It has dropped to less than 2% from lifetime high so surely it is too early to call for a correction but this scrip will be interesting to watch if further candles...
Financial Ratios help you evaluate a company. Most financial ratios will show you how much money you're paying for a specific piece of the business. Let us give a few examples: Price-to-Sales Ratio = Market Cap / Sales The Price-To-Sales ratio or PS ratio tells you how expensive a company is relative to its total sales. The formula is calculated in two different...
Initial Understanding on Weakly TF: 1. Pattern: A clear Inverted H&S pattern is formed which took around 3 Years to form and that signifies entry in the Stage 2 i.e. Mark-Up. 2. Volume: Volumes has seen a drastic jump this year as compared to previous years, which again tells the presence of bulls. 3. Resistance Zone: A number of times resistance zone...
Weekly breakout is about to happen. There is potential upside breakout on weekly chart
Bank nifty is approaching Raising upper channel line on hourly chart.In past it has reversed from this line on 4 occasion bringing back prices to the median line of raising channel. Any in the money long trades should be protected with stop-losses as prices can reverse sharply once we get reversal candle near upper channel line.
Based on previous analysis of GBPJPY, the trade came out to be a winner. Target was 300pips but market printed 275 pips (satisfied). Usually I close my trade if the moment on intraday changes from the desired to unwanted, thst means in this case the desired momentum was bullish but at a certain time the market started rejecting download (bearish momentum...
A Lifetime Triangle is due for break soon Break above EMA with Volume is a strong buy Signal. BINANCE:YFIBTC
Stock Analysis of Mangalam organics. Technical Analysis of stock and its important levels
Ascending Triangle: An ascending triangle is a breakout pattern that forms when the price breaches the upper horizontal trendline with rising volume. It is a bullish formation. The upper trendline must be horizontal, indicating nearly identical highs, which form a resistance level. The lower trendline is rising diagonally, indicating higher lows as buyers...
rectangle pattern 1. price moves in range on side ways to form a rectangle pattern. 2. as a result , a firm resistance on upper side and support on lower side formed . 3. stock will have either a distribution phase or continuation phase till breakout of resistance or breakdown of support happens 4. an impulsive move at resistance with volume will...
NIFTY Media is being traded in a channel pattern for past 1½ years and now it is trading near to the resistance. I do think there might be a good up move in Media scrips, so if there is a breakout then do have an eye on Media scrips.
Inverted head and shoulder pattern consist of two side shoulder pointing downward and one head pointed downward If it's forming on 1d tf like an indication of big break in coming days Currently this stock showing same pattern , let's see how this works in reality , It's going to be a reality chck for this pattern
As usual in my learning way, SAIL forming a triangle pattern and if it breaks the pattern, the price will go up
Actually i am a begginer trader, i am just predicted if the trendline and resistant line breaks, stock will go up..... Let's see what will happen