Nifty - Abandon Baby (Bullish)Rarest of Rare, a perfect bullish abandon baby formation in daily TF.
Trigger - Close above 17750
Stop Loss - 17450
Target shall be big and protracted.
Abandonedbaby
Indusind Bank - Abandoned Baby Pattern. Pullback to DEMA 20Indusind Bank had given a breakout recently and after that has taken support at DEMA 20. Further the stock has also formed candlestick pattern Abandoned Baby Pattern.
HONAUT - Swing Trade IdeaHonaut has given a reversal recently and has given a breakout today. Abandoned Baby Pattern
Procter & Gamble - 2Hr Double BottomA Bullish Divergence
A Morning Star / Bullish Abandoned Baby candlestick.
A Double Bottom
NIFTY RARE BEARISH CANDLESTICK PATTERN on DAILY CHARTIn This video, Kindly ignore background kids voices played in my society, I have no control over them but I tried my best to present you such informative views on NIFTY, So, Please Watch this small video fully...
Amber enterprises showing false breakout?Amber enterprises showed a breakout yesterday and many buyers entered here because of the breakout
But do you know it's a false breakout?
lines reference:
dark blue-resistances
cyan blue-supports
yellow-both acting as support and resistance.
Guys please first like and comment :)
--------------------------------------------------------------------------------------------------------------------------------
Ok...Now I was telling that amber enterprises has shown a false breakout because:
1) the stock form Abandoned Baby bearish candlestick pattern which forms only on a false breakout and doesn't form on a true breakout.
2) the stock came in overbought zone.
3) Although the stock breaked all the resistances but the resistances are so strong that they are pulling the stock to the consolidation channel.
4) The stock also made a new resistance here after this false breakout.
_____________________________________________________________________________________________________________________________
Alert for you guys :)
please do like and comment as I give you profitable Ideas :)
POSITIONAL TRADE IN INFY INFY SHOWING ONE OF THE RAREST PATTERN CALLED THE "ABANDONED BABY"
BROKEN OUT OF AN INSIDE BAR ON WEEKLY CHART
POSITIONAL TRADE IN INFY
BUY@750
STOP@725
TARGET-1@780
TARGET-2@795
Reliable Abandoned Baby Reversal Candlestick Formation Bearish Abandoned Baby pattern after the uptrend is indicating the potential reversal at this level. The pattern is quite reliable and candlesticks offer good early entry with affordable SL so my mates can use it for their trading. RSI is also coming out of overbought region confirming the weakness.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Bullish pattern on Daily Charts
If this stock (YesBank) opens above 320 and manages to stay above 322 throughout the noon then the stock will test first resistance at 335. There is strong support at 310.
Bullish harami is also formed on weekly charts which is a positive technical indicator.
Relative Strength Index (Smooth) is rising above oversold range after staying in oversold for 1 days
Williams %R is rising above oversold range after staying in oversold for 1 days
As Per Chaikin Money Flow Buying Pressure built up is seen from today.
