Hi, I am new to charting, but I noticed that Head and Shoulder pattern in Indiamart Intermesh. Levels on the Chart. Please comment, if the analysis is right or wrong by giving reasoning so that I can also learn. This post is not any recommendation. I am just posting to learn myself.
Let's wait for the breakout of level 1.26351. inverted Head and shoulder pattern is formed.
i have provided drawings of simple supply and demand zones on the banknifty charts. if you are a new trader you can also interpret as support and resistance lines.
NIFY BANL SHORT with around 150 points downside from now
very good pattern if it breaks the resistance very good move expected.....pl. study yourself before investing positional
buy federal bank if it closes above 56 with target of 63-65 very good oppurtunity
Bullish Bias Rounding Bottom Breakout Buy above 648 Target 1 - 700 Target 2 - 800 Stop Loss - 580 levels on closing basis
Neutral view from Charts but RSI is giving some signal Comment your views
Bullish Breakout above horizontal resistance (top one) with good volumes after long contraction in price range and volumes. Support on 200ema identified.
Sell 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.
buy only above 318 SL with 280 tgt 1:2
NSE: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 buy and sell target price with stop loss
This 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.
Breakout on chart can be a good position buy with sl of 188 and target of 200/210/220
This is my first post just monitor it and judge my technical study according to head and shoulder pattern it shows sign of trend reversal