Looks like a formation of H & S pattern, currently in Neck line support of around 924. Need to wait for confirmation whether the pattern formation holds true or not.
Axis bank doing in weekly chart shorting candidate i think. For education just watch
Trade as mentioned in the chart Note: Do your own analysis before taking call
Chart for self study purpose
SYMMETRICAL TRIANGLE FORMATION IN INDUSIND BANK JAN FUTURES PATTERN IS VISIBLE IN THE DAILY CHART HAS A NEARBY RESISTANCE AND SUPPORT VOLATILITY AFTER RESULTS SHOULD NOT BREACH THIS LEVELS !!PLEASE NOTE THAT!! BREAKING OUT OF PATTERN ON FINANCIAL RESULTS ALWAYS RESULTS IN CLEAR DIRECTION AND TREND FOR MEDIUM TERM!! !!TODAYS BREAKOUT WILL BE A DIRECTIONAL...
In continuation of Higher Lows being made since Oct 23.. Current Price above 200 SMA (4hrly) VCP pattern MACD Crossover again
BTCUSD update
Hourly chart, High and Tight Flag, targeting minimum 10868 on breakout.
Price at resistance and a Negative Divergence is seen. Now stock may run either of the sides. If breaks out off the resistance then new highs may be witnessed or if breaks down due to Negative Divergence, then 1300 may come by. There is a Tweezer Top pattern formed which is posing as a strong resistance for bulls. a) Sell Dec Future at 1433 and hedge the short...
price at an interesting level + also showing a descending triangle pattern.
Trade explained in chart for educational purpose only
explained in chart for educational purpose only
THIS IS FOR EDUCATION PURPOSE ONLY IF LUPIN BREAKOUT DOWEN SIDE HERE- SHORT
THIS IS FOR EDUCATION PURPOSE ONLY IF LUPIN BREAKOUT DOWEN SIDE HERE- SHORT
Double bottom chart pattern 15 mins. Volume lowered by 30-40%. Bullish RSI divergence. (Only for Education Purpose)
Hypercash looking bearish explained on the chart
Below 200 DMA, trend remains firmly bearish. During the present downslide, Nifty is making Second consolidation. First Consolidation made a chart patter of Descending Triangle and it triggered pushing the price to new lows. Now the second consolidation is running making a chart pattern of Broadening pattern or Megaphone which is yet to trigger.