HOW TO FOLLOW ALGO SIGNAL: Deciding buy/sell 1.Strictly use only on 1 hour time frame. 2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity. Taking a position: 3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open...
(Last - 49177 / 21:05 Hrs / 4th Dec2020) Bullish Gartley + Piercing candlestick pattern (Bullish Candlestick) - suggest precious metal can start upside trend travel to 52500 (Target 1) & Strictly Above 52500 can travel to 56200+ (Target 2) - Stops below 47550 The piercing pattern is a two-day candle pattern that implies a potential reversal from a downward trend...
TATA MO NOW ON A SUUPORT LABLE
BHARTFORGE has given weekly neckline breakout of H&S. looks 850 in a bull run, however 780 which is all time high may act as hurdle before that.
A Break From Big Big Analysis Rather Take Time To Look Into Something Offline But Meaningful
Passing between different timeframes before making a trading decision will give you an edge over other traders.
USOIL already gave bullish breakout from major resistance and it is again consolidating and can give bullish breakout and CRUDEOIL too.
BEL was forming falling wedge type pattern it was getting support form 200 SMA( 2 time bounced) Entry above 98 facing resistance near 92 to 98 also 50 SMA was in this zone by seeing volume one can clearly see that in negative day volume was drying up but in positive day volume were good
AUBANK looking for a breakout at 920 levels, as long as it sustains above 830 bullish trend will be intact. breaking above neck line around 920 will take this stock upto 1200.
BANDHANBANK has given neck line breakout for inverted H&S pattern at 330 Neck line with a potential to reach 407 Currently it is forming Rounding bottom, in the long run it is looking to make around 560 levels which is almost 50% from current levels. There is a trending resistance line which is going to meet at end of the rounding bottom, so big breakout...
SARDA Energy formed a rounding bottom on daily frames, and realized breakout lately, however still 10% upside is intact. more over we can see Eliotte WAVE on WEEKLY scale, currently it is in 3rd wave (Impulsive), it can quickly reach 370-380 levels. end of 5th wave could be seen at 480-510 levels.
NIFTY has formed a bearish engulfing candle and also shows negative divergence on daily charts.. gapped up and close the gap and ended towards the low of the day. short term bearishness to set in with today's high as SL