Mothersumi shows positive move on daily chart and can be seen on weekly chart too if break resistance level of 118.45, or 91.10 is strong support level as shown on chart.
made triple bottom in monthly charts and in daily forming higher top and higher bottom, good upside possible for higher high
1HOW EVER PRICE HAS BOUNCED FROM NECK LINE 2 THERE IS DIVERGENCE BETWEEN PRICE AND OSCILLATOR(FROM LEFT SHOULDER AND HEAD AND HEAD TO RIGHT SHOULDER) 3 INFOSYS BEING A STRONG STOCK CAN ONLY BE SHORTED IF ITS PRICE CONVINCINGLY BREAKS THE NECK LINE FOR THE TARGET SHOWN IN THE CHART.
Notes Marked in the chart. Detailed post at week end.
Please treat this only for education purpose : Current Movement suggest that one more upside move of Yes bank is expected from this price level. This view will change if price move below the trading price 257.20. We are expected to complete the wave B of yes bank at 305.6 level and then wave c will start. Your view are welcomes. DK Disclaimer: We wants to...
Stock has formed Symmetric Triangle formation After touching Weekly support.Level are mentioned in the chart. ------------------------------------------------@@ Trade At your OWN Risk@@-------------------------------------------------------
Stock is near to break Descending triangle, expected to make fresh low, Levels are mentioned in the Chart. ------------------------------------------------@@ Trade At your OWN Risk@@-------------------------------------------------------
Stock completed Rounding top Formation and can see a fall. Levels are mentioned in the chart. -----------------------------------------------------@@ Trade At your OWN Risk@@-------------------------------------------------------------
1.RADICO KHAITAN FORMING THE ASCENDING TRIANGLE ON WEEKLY CHART. CAN GO LONG FOR 499+
Titan Symmetrical triangle breakout, Levels are mentioned in the Chart.
Market repeats it self and it does on every time frame , there is no Question how smaller time frame you can consider , if you select 1 Minit it works exactly the same way the only surviving tool for any trader would be identifying this kind pattern and trading them correctly in the direction of the larger trend , as every one says market repeats it self but...
its not easy to identify the pattern with in the complex structure , its very difficult , Here you can see they Broke the Trend clearly on 7th of dec from that day to till date , they are just running back & forth creating a small flag pattern , which indicates that they are preparing for down ward move , Whenever they create such a complex structure one...
High and Tight Flag on weekly chart. Probable target is 200 Week MA. The Flag is yet to trigger. We shall wait for the trigger.
Hourly chart. Consolidation in a narrow range. May make a swift move either of the sides. Long Straddle would be a suitable strategy.
Biocon - nice price pattern formation. Symmetrical triangle formation on daily charts. Break out will give 40 points move reaching 660 or 580 . let us see how this pattern behaves.