Mahindra Logistics - Inverted Flag Pattern Looks Bearish.... Educational purpose...
Parallel channel has been downward bearish since early 2021 720 is crucial on closing basis for further fall
As, we see BTC/USDT has been consolidating from last 14 days, so 1) If BTC/USDT breaks green trendline than it would be good to short on retest, and it is also forming a flag pattern (which is a continuation pattern) so we might see big correction with minimum 10% of move downside 2) But if bulls manage to break out of this kind of side-wise trend than it will...
KPIT TECH - Short term Bearish Good support at 425 Bullish only when it crosses more than 480 Educational purpose ...
LTTS 3368 from 3957 now it is ready to break 3345 then it will try to touch low level mentioned on the chart
If 15700 breaks, we might see 14900. If that breaks, 13000 will be the next support. If that breaks, 10200 seems like a solid wall.
PVR showcase a trendline breakdown on daily chart today with good red candle yes volume is missing in todays candle so we will wait for proper retesting, Hoping bearish sentiments and past selloff will lead this to 1500. Create short positions around 1730 SL as per your R:R
TATACONSUM head and shoulder on hourly chart selling pressure in near term
Mcdowell-n - short term bearish When it crosses 1000 will the bullish tread starts... Educational purpose...
Bearish flag can be seen in 1hr time frame with bearish trend lets see how this pattern works
Falcon Analytics Outlook Nifty 50 for the Expiry week ( May 23 – May27 ) As Discussed in Last Weekly Analysis Nifty sold off from major resistance @ 16387 while the major support for the week @ 15560 was not breached. Technically for this week on the daily charts we see major support on the downside for Nifty50 index lies at 15726 levels, whereas major...
SYMBOL: NSE:BANKNIFTY Banknifty is at a crucial point in the weekly time frame, it has closed below the support zone after hovering over that for almost 1 Year. Selling can be accelerated after a retest is done. Still, if the price closes above 34500 somehow it can be a temporary relief and after some time. Bears can again try to push BNF down because this year...
form very bearish pattern, only bullish above rs 855
Can show further weakness Head and shoulder pattern formation A close below 1200 can make it fall fast Good results could make it bounce from here by taking support on neck line
Reliance currently loooks like in bear grip. I am expecting straight 100 points fall below 2400, if not more. 2300 acted strong support earlier if breaks the support we can see further fall.weak only below 2400, Rest market supreme.
SBIN is totally bearish and will reach 485/477/462 soon
Although the weekly channel restricts EURUSD moves while other major currency pairs portray heavy selling against the USD, the bearish flag formation joins downbeat MACD and RSI signals to keep sellers hopeful. Additionally favoring the pair bears is the sustained trading below a descending trend line from March, as well as the 200-SMA and a six-week-old...
break down with engulf candle 8%.... it may touch level of 170 in upcoming weeks