DHANUKA has shown multiple chart patterns on different time frames. Strong results posted in the last two quarters. Monthly: Rounding Bottom Cup & Handle Pattern Both these patterns are showing highest upside potential of 1550 levels. Weekly: Pole Flag Pole Flag has a potential to reach 1330 levels. Daily : Triangle pattern Triangle...
PSE Index is being formed on Daily Chart a Rounding Bottom, It indicates price reversal to last resistance trend line... So, It is in flavor in upcoming days...
For the same fractal previously my analysis went wrong, because this wasn't a perfect match. But the current chart shows perfect matching of fractal from the month of May- July matching with mid Nov -present. I my previous post I also mentioned that BTC is bullish so their is a possibility of failure of analysis and that actually happened. In the current...
Motherson sumi on a daily chart showing signs of RSI divergence. May come down to 140 levels. If break upper trend line, we can expect more upside
📚 LEARN MORE 💰 EARN MORE With ForecastCity FLAG pattern Definition: A FLAG pattern is a continuation chart pattern, named due to its similarity to a flag on a flagpole. A flag is a relatively rapid chart formation that appears as a small channel after a steep trend, which develops in the opposite direction. After an uptrend, it has a downward slope. After...
Lemon tree on a daily chart broken the descending trend line. It has done retest at the trend line and formed a bullish candle. Lets wait for the close and see upside rally
Watch RPP infra on a daily chart, if it breaks the descending trend line, it can reach 65-75 levels
Nifty chart for reference
PLEASE SHARE YOUR VIEW ABOVE 54.80 CLOSE WILL IT GO TO 70-75? AS PER CHART!!!
Federal bank on daily chart looking bearish. After the recent rally it is facing upper trend line and the resistance. It can test 58-61 levels.
Tata Steel after a stunning run up is cooling off targets shown in chart
HINDALCO IS IN ACCUMULATION FOR POSSIBLE UP OR DOWN MOVE VOLUMES ARE VISIBLE IN A CERTAIN RANGE (MARKED) TRADE ONLY AFTER BREAK AND PULL BACK
Personally I am not a big fan of patterns and neither trend lines, still I might use trend lines for reference and better view. But we can see similar and perfect patterns in many stocks, you open any chart and boom you will find this pattern. I do not trade based on any pattern or indicators, but since I can see this pattern, so I just drew it over here. But even...
in making of big breakout above 41.90 level please share your view trend also bullish as per chart