COCHINSHIPIs cochinship trying to make Eiffel Tower Setup by making a top earlier and now follow through selling
Bearish Patterns
TatamotorsTataMotors has formed Wyckoff Distribution Schematic 2
it may try to bounce one last time before going further down
CESCCESC price distribution is happening on 4 hour chart. it may trying to bounce upto 210 and then next LPSY may be formed and give fresh round of selling.
But pls be caution that wyckoff patterns takes lots of time and they are tough to trade considering the spikes in opposite direction of the trend.
M_MFIN WEAKER CHART STRUCTURE LETS SEE HOW IT SUSTAINSMahindra & Mahindra Financial Services Ltd. an interesting stock with weak chart structure
1. RSI on daily slipped below 40
2. Big Anchor Red Candled formed on the chart with price trading below major moving averages
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix
BTC/USDT at Bearish Order Block#BTCUSDT Chart Analysis:
CRYPTOCAP:BTC remains bearish according to the chart. There's a bearish order block at $63,500-$64,000. If BTC fails to break the $64,000 resistance, we might see another dump soon.
Bearish OB: $63,600-$64,100
FVG: $62,800-$63,700
SUI/USDT Bearish Mode Alert#SUI/USDT Chart Analysis:
NYSE:SUI has broken down from the support trendline and shifted into bearish mode. Expecting a 20-30% retracement from current levels.
Trade Setup:
- Best Short Entry: $1.70 - $1.80
- Targets: $1.42 / $1.00
- Stop Loss: $1.90 (Manage risk accordingly)
⚠️ If Stop Loss hits, we may see a new all-time high.
SMALLCAP100 INDEX SMALLCAP100 losing strength after a continuous run since April'23. It's time to take a long pause if not a stop! Giving about 125% since this period. Just one bad news may trigger sell IMO. Keep booking profit. Any bull-run stops at some time. Just be at the door before party gets over! Its time to protect what is earned!
AdbeBearish Wyckoff Distribution Schematic #2 (unorthodox)
I would be happy to go wrong however I do see this to test 260 in 2 yrs
it has to cross 590 to nullify this setup
Industower - Few things happening hereIndustower is currently exhibiting a bearish trend with several concerning signals: a fake breakout, a bearish flag breakdown, and the formation of lower highs. Traders should be cautious as these indicators suggest a potential continuation of the downtrend. The fake breakout implies that the recent upward move lacked genuine strength, while the bearish flag breakdown reinforces the bearish sentiment. Additionally, the pattern of lower highs signals weakening bullish momentum. However, if the stock moves above 440, this bearish view could be invalidated, indicating a potential reversal or strengthening of the bullish trend. Monitoring these factors closely and adjusting strategies accordingly will be crucial.
TechM looks like Head and shoulder in formation!This chart presents a classic Head and Shoulders scenario, which traders should watch closely for confirmation. If the right shoulder forms and the price breaks below the neckline, it could signal the start of a bearish trend, providing an opportunity for short sellers. On the other hand, if the price breaks out above the current resistance, the bullish trend could continue.
In essence, traders should be prepared for both outcomes by monitoring price action around the neckline and key resistance levels while also factoring in volume and other indicators to confirm the pattern's validity.
Nifty at a Glance: This Week's Market MomentumNifty Outlook: A Pivotal Week Ahead
Nifty remains weak as we enter a crucial week. The index faces stiff resistance at 24,450. A close above this level could open the door to 24,725, but failure to hold it may trigger a drop. Key support lies at 24,150; breaching this could lead to a decline towards 23,850.
Adding to the bearish tone, Nifty has broken down from a Rising Wedge pattern, with a potential target around 21,300. This week is critical—watch these levels closely as the market navigates this pivotal phase.
Retest and SELLPlease allow the price to break the channel and enter the trade at successful retest.
Do your own analysis before taking a trade.
Silver Down... Ar you ready ?Silver is moving as expected.
Old idea linked below.
Do your analysis before taking a trade.
TIA/USDT 80% down from My Analysis#Celestia (TIA/USDT) Profit Update:
I alerted you when LSE:TIA was trading at its peak/ATH and advised selling at $16.50+. It went up to $20 for a bearish retest and then experienced a hard dump, now down 80% from my levels. Hope you earned or saved money!
Profit Targets:
TP1: $13.86 ✅
TP2: $9.82 ✅
TP3: $7.10 ✅
Currently, LSE:TIA is trading around $6.4 and has dumped to $4.8.
Analysis:
Now trading at a strong support zone, I expect this area to be a good accumulation and reversal zone towards a new all-time high.
Stay tuned for more updates and happy trading!
NHIn last 4 year after giving good run up
it is not distributing by forming head n shoulder
any closing below the channel would be selling
CanbkWyckoff Bearish Distribution Schematic #1
Price has been overbought since Feb 2024
31st May and 4th June movement was first indication of the bears
MANKIND PHARMA, Fresh breakdown with a strong momentum.After the break of structure the price has successfully retested the upper levels now we have a fresh breakdown with a strong momentum. The price could test the lower levels of 2,056 and on my probability scale it is more than 55%.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
ITC Technical Outlook, Support Broken with a strong momentumToday an important support of 423 has been broken with a strong momentum having RSI below 40. The price could test the next support level of 414 and if broken then we go for 400.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
WIF/USDT Forming Lower Low PatternMy Short term View on WIF/USDT
As per Chart Analysis We can See #WIF/USDT Forming LL/LH Pattern.
NOTCOIN Ready for 40% downside moveGETTEX:NOT Market Alert
Price is currently rising while CVD (Cumulative Volume Delta) and open interest are declining—a potential signal for a downside move.
Key Levels:
Primary Downside Target: $0.0165
Secondary Downside Target: $0.0125
Critical Support: $0.015
Invalidation: Sustained price above $0.025 could negate this bearish outlook, indicating higher targets.
Trade cautiously and stay updated!
NIFTY 50 Hits All-Time High - Is It Time to Book Profits?The NIFTY 50 index recently reached a record high of 23,100, marking a significant milestone. However, this peak is accompanied by concerning signals that suggest a potential downturn. Despite the achievement, the index is displaying weak momentum, evidenced by a bearish divergence in the Relative Strength Index (RSI) and the formation of bearish candle patterns over the past two days.
These indicators raise the question: Is it time to book profits and wait for more favorable entry points?
Moreover, the NIFTY 50 has formed a triple top pattern, which is a classic bearish signal. If the index breaks below the neckline at 21,800, it could further decline towards 21,200, where it might find support around the 200-day moving average (MA).
In the near term, the technical charts suggest that a correction is on the horizon. Given these signals, it might be prudent for investors to consider booking profits and waiting for the market to present more attractive entry levels.
