Bearish Patterns
banknifty close above 34200 on Day base market bullish banknifty close above 34200 on Day base market bullish
Matic - Amazing Run | Time for correctionBearish RSI Divergence on multiple high time frames.
Weekly RSI at 96 keeps bother me at this level.
Send it south.
End run of Steel - Bearish view of JSW A 30min chart shows that price has halted at its support level which if broke we can see the target of 712-710 with a strict SL of 750 levels.
But if it retraces to 750 level then we can get a discounted price to short the stock with a strict SL of 765-770 area.
It all depends on the Broader market view so do look for Nifty and Nifty Metal indices before shorting.
INDUSTOWER SYMMETRICAL TRIANGLE The stock has formed lower high and lower lows resulted in a symmertical triangle pattern and now the stock breakdown so we can expect some fall in upcoming days
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#BTC BITCOIN NOW IN BUMP-AND-RUN REVERSAL BOTTOMBitcoin has been running bullishly since December 15 to $ 64,854 and is now
#BTC BITCOIN HAS BEEN RUNNING BULLISH SINCE 15.DECEMBER 2020 TO $64,854 AND IS NOW IN A BUMP-AND-RUN REVERSAL BOTTOM FORMATION.
Nifty sell on Rise market Avoid long position or swing position
Try to short (downtrend & correction not yet done in the weekly chart)
1.Global crisis
2.Market sentiments
3.Data analysis
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
ITC 1h time frameITC clearing making a descending triangle, should probably fall. Do wait for a confirmation before you enter and also if the market turns very bullish it may go north also.
Trade wisely...
TCS - BEARISH FORMATIONTCS -the IT GIANT seems to be in trouble .FIBO retracements , bollinger band and rsi all have turned negative .
Stock can move down to 3063-2984 with sl at 3125 .
stock is trading below 50 & 100 days moving average and can go down to 200 sma 2807
SBI Card - Shorting OpportunityAfter a bearish order block, SBI card has already about to reach 50% equilibrium price (Fib retracement). As soon as it reaches between 62% and 79% retracement levels. It will be a good shorting opportunity and we can see a bearish rally to next liquidity pool levels marked on the chart.
Do share your views on the analysis.
BANKNIFTY on 15 mins chartBNF broke the rising wedge pattern. Rising wedge pattern is a bearish continuation pattern. We can expect more downfall for coming days. Trade well.
Banknifty analysis Banknifty is making a rising wedge pattern, which is a bearish pattern, the global cues are also bearish, probability of a bearish move is high.
Bitcoin Bulls display fatigue - A rising Wedge Pattern Trying to re-cross the 60000 "Psychological Mark", BTC bulls tried long at upper resistance line of the rising wedge. WIth strong resistance and exhaustive moves, it seems the bears might move in to play their part, soon. If there is a move below 56000, than we might see a some more downward motion towards 52400 or so.
Saying this, until we see a breakdown, the bulls will still try to push up or keep the consolidation mode on.
The rising wedge is made of converging trendlines connecting higher lows and higher highs. The converging part of the trendline indicates the decrease in upside momentum. Therefore, a downward breakage– a move below the lower end of the rising wedge – is considered a sign of bears moving in.
Graphite India looks bearish The analysis is given on the chart
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Be aware of what you are trading and the risk associated with it.
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Bearish Trend for ADA in Short termADA is heading toward bearish as it is making a bearish channel and may go till 1.480365.
