Bearish Patterns
Hindalco Bearish ascending channelThe stock has formed a ascending channel and breakdown from the channel expecting down side and also formation of head and shoulder pattern
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
TITAN: Starting a Bearish trend
Technical Analysis of: NSE:TITAN
The Elliott waves Cycle Oscillator is indicating a detection of corrective (correction / fall) wave. The Elliot wave is showing a CORRECTIVE movement, showing an DOWNTREND . The waves 1, 2, and 3 completed at 1559.9,1462.25,and 1803.95
Seeing a BEARISH trend further ahead, the RECOMMENDATION is to SELL .
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
In HDFC BANK (Bearish Shark & Alt Shark) patterns foundThere are two bearish hormonic patterns found in HDFC Bank
1. Bearish Shark
Can sell from 1519.75
2. Bearish Alternative Shark
Can sell from 1535.45
SL common for both marked in Black
Targets mentioned in Blue with value
Please consult with your financial advisors before take entry, all the risk & rewards is yours
Best of luck
HEROMOTOCO: A Bearish Trend"
TECHNICAL ANALYSIS OF NSE:HEROMOTOCO
The LAST CLOSE PRICE of NSE:HEROMOTOCO is 2939.2 . The PARABOLIC SAR is showing the DOWNWARD SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.236 at the FIBONACCI STOCK PRICE LEVEL of 2939.2. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 2971 with RESISTANCE 1 and RESISTANCE 2 at 2851.55 and 2773.1 respectively. The Key 50% FIBONACCI LEVEL stands at 2971 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 24.95 and 18.29 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at -7.29 and 30.41 at 3.3 along with HISTOGRAM showing values of -10.61, the STATUS is clearly DOWNWARDS.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -1.04 and -1.18 with DOWNTREND as DOWNTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.6336 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 20.13 which signifies its Price Level to be OK.
>>> RECOMMENDATION is : SELL ."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
COALINDIA: On a Bearish trend "
TECHNICAL ANALYSIS OF NSE:COALINDIA
The LAST CLOSE PRICE of NSE:COALINDIA is 148.75 . The PARABOLIC SAR is showing the DOWNWARD SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.786 at the FIBONACCI STOCK PRICE LEVEL of 148.75. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 154.55 with RESISTANCE 1 and RESISTANCE 2 at 144.25 and 138.3 respectively. The Key 50% FIBONACCI LEVEL stands at 154.55 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 8.67 and 8.78 respectively. At this level it the status is OVER SOLD. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 0.7 and 46.27 at 2.16 along with HISTOGRAM showing values of -1.46, the STATUS is clearly DOWNWARDS.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -1.35 and -1.22 with UPTREND as DOWNTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.7558 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 7.22 which signifies its Price Level to be VERY CHEAP.
>>> RECOMMENDATION is : SELL."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
TECHM: A Bearish Trend"
TECHNICAL ANALYSIS OF NSE:TECHM
The LAST CLOSE PRICE of NSE:TECHM is 1080 . The PARABOLIC SAR is showing the SELL SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.236 at the FIBONACCI STOCK PRICE LEVEL of 1080. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 1094 with RESISTANCE 1 and RESISTANCE 2 at 1034.4 and 997.4 respectively. The Key 50% FIBONACCI LEVEL stands at 1015 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 22.11 and 22.52 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 18.8 and 7.08 at 19.6 along with HISTOGRAM showing values of -0.8, the STATUS is clearly BUY CROSSOVER NEARING IN.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -0.14 and 0.03 with UPTREND as TREND CHANGED TO SELL. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.1768 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 21.47 which signifies its Price Level to be AVERAGE.
>>> RECOMMENDATION is : SELL ."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
HDFCAMC: A Bearish Trend"
TECHNICAL ANALYSIS OF NSE:HDFCAMC
The LAST CLOSE PRICE of NSE:HDFCAMC is 2947.95 . The PARABOLIC SAR is showing the DOWNWARD SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.382 at the FIBONACCI STOCK PRICE LEVEL of 2946.8. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 2968.08 with RESISTANCE 1 and RESISTANCE 2 at 2864.65 and 2796.85 respectively. The Key 50% FIBONACCI LEVEL stands at 2916.82 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values 41.37 and D as 7.16 and 6.12 respectively. At this level it the status is OVER SOLD. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 24.28 and 6.06 at 42.69 along with HISTOGRAM showing values of -18.21, the STATUS is clearly DOWNWARDS.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -1.23 and -0.95 with DOWNTREND as DOWNTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.8285 the STATUS is OVER SOLD.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 47.42 which signifies its Price Level to be TOO EXPENSIVE.
>>> RECOMMENDATION is : SELL ."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Techm breakdown and retestThe stock break the major support (dynamic support )
we can expect fall in the upcoming day but
ill prefer to buy on dips coz its over all good company (long term view)
short term sell on rise
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Stop Hunted, Strong Bounce from Daily Support look promising.Technical analysis:
Hello everyone, welcome to this quick update:-
As said closing is still pending in the tagged post. #Bitcoin dumped hard below its daily support and reached around $28,800. A couple of hours later, quickly moved up above its daily support. A huge amount of stop loss was triggered. Currently, #Bitcoin is trading around $34,000, approaching towards its resistance level of $35,100 - $35,800. #BTC needs to cross the resistance to have some bullish pressure.
❤️ If you find this helpful and want more FREE forecasts in Tradingview.
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, ❤️
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #dailyclosed #stophunt
DABUR : Bearish trend has started.TECHNICAL ANALYSIS OF NSE:DABUR
The LAST CLOSE PRICE of NSE:DABUR is 566.65. The PARABOLIC SAR is showing the SELL SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the C LOSEST FIBONACCI LEVELS is 0.236 at the FIBONACCI STOCK PRICE LEVEL of 566.25. From here, the Key Support and Resistance levels are SUPPORT 1 at 567.74, SUPPORT 2 at 503.94 with RESISTANCE 1 and RESISTANCE 2 at 558.2 and 551.15 respectively. The Key 50% FIBONACCI LEVEL stands at 551 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 53.51 and 34 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE . When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 9.02 and SIGNAL at 7.81 alongwith HISTOGRAM showing values of 0.9, the STATUS is clearly SELL CROSSOVER NEARING IN.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at 1.23 and 2.02 with SIGNAL as DOWNTREND . A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.3684 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 59.33 which signifies its Price Level to be TOO EXPENSIVE.
>>> RECOMMENDATION is : SELL.
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Bearish divergence on PELThe analysis is given on the chart
Comment if you have any query and if you like my analysis, don't forget to press the like button.
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
BTC Worst Case Scenario 2021I can't help but notice the similarities between price action starting April 26 and June 9, 2021.
This chart is the continuation of that idea, namely if indeed both similarities lead to the same scenario.
NFA. DYOR
Bulls vs Bears: Nifty & Banknifty analysis + top stocks + levels#Nifty and #Banknifty saw a very interesting close to the week.
After painting a grim picture in the first half, they saw a V-shaped recovery which propelled price up to p.close. So unless you were looking at the charts and #priceaction, the EOD closing would show a flat day.
The indices have still formed an LH-LL formation, which isn't suitable for bulls. This might mean that unless we are able to see strong momentum resuming or an external trigger, we could see a little weakness.
Yesterday, the basis hinted at a negative bias. Today, it appears to be flat.
Wait for the weekly analysis video for more!
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660 ---15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640 --- 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
What's your nifty prediction banknifty prediction for tomorrow? What was your nifty banknifty trading like? Let's chat in the comments :)