CENTURYTEX Bullish Breakout above horizontal resistance (top one) with good volumes after long contraction in price range and volumes.
Support on 200ema identified.
AND
Reliance looking for 1980 levelsSell reliance with the sl 2200 currenty trading at 2117.
Support at 1980. Use this support for target 1.
If support one breaks next target 1900.
1900 is the good level to buy again.
Cup and Handle Pattern in Kiri Industries ... BULLISHNSE:KIRIINDUS
Kiri Industries seems to be forming a cup and handle pattern ... BULLISH on long term.
Disclaimer: no guarantees or warranties implied or applied; trade at your own risk;
Kotak mahindra bank buy and sell target price with stop lossKotak buy and sell target price with stop loss
SBI (Future Levels Prediction) 24-2-2020This is Raghu !
I am predicting the future levels of
SBIN (State Bank of India) will be on 24-2-2020 (Monday)
This is only my point of view !
Maximum the market will raise upto 330.60
which acts as a Major Resistance
and 319.80 will be acted as MAJOR SUPPORT for the day !
You can use middle levels for scalping.
Long "Tata Motors Above 191 on closing basisBreakout on chart can be a good position buy with sl of 188 and target of 200/210/220
SUNTV H&S PATTERNThis is my first post just monitor it and judge my technical study according to head and shoulder pattern it shows sign of trend reversal
COX & KINGSRETEST.....TOMORROW IT HAS TO CROSS 132...CONVINCINGLY, THEN WE CAN SEE SOME UPTREND.....
CEAT Ltd, Head and Shoulder pattern formedShort ceat ltd at current price as targets are around 1145 for 1st TGT
chances of strong bearish pull back from strong resistance aretrtraders by looking at chart it clearly shows a nice down trend probably market will choose a bearish move just hope for this will keep you updated with trade levels just waiting for this weekly candle to close
Bullish Head & Shoulder is formed in Bharti Airtel A bullish Head and shoulder is formed in BHarti Airtel with a taget of 300 .
Inverse head and shoulder HINDPETRO long IntradayBeautiful Inverse head and shoulder pattern gave neckline breakout and now testing it from above. It offers a good entry at this level for intraday trade
Nifty : Prediction of Direction just with Lines !Hello Good Morning Friends ! Cheer Up...
Yes, we do have some trade opportunities in Nifty today. Remember yesterdays Bull flag on 5mins, it appears as rectangular pattern on 15 mins, so if a Gap Up or Nifty open in zone with rectangular breakout to upside will give us real good chance of grabbing 20 points in Nifty till the resistance zone 8840's. Actually, if Nifty reaches there there is another chance for Doubletop @ 8840's I expect Nifty to face some heavy resistance there and return back to Bear hands & late by the day 8800's zone {Rectangle zone} gets weak and support gets broke, we have potential chance to hustle up more than 70 points in Nifty.
Those trendlines on chart can be drawn on 1hr, the resultant triangle pattern will look bad because of the Gaps we have in Nifty. If we get Gap down or downside breakout, Double Top around 8820's is winner and with rectangular breakout to downside, we can go short on Nifty with proper stops.
There are potential harmonic patterns also present, to avoid the mess of drawings on chart, I haven't drawn them but will update them as n when it happens. As am typing, Nifty pre-market within Rectangle... Well n Good Nifty, I appreciate that !
Note : Values referred are approx. Example : 8815 doesn't mean 8815 itself, its around that. Thats why I refer as 8815's
Lesson to take Home : Simple Trendlines also Work, Not compulsory to learn complex Harmonics or Elliott's !
