CNXPharma head and shoulder below 12095 but it's oversold wait for follow through
BREAKOUT # BEARISH TREND START .....MAINTAIN LEVEL AS MENTIONED IN CHART
Breakout trend ... keep an eye ....Educational purpose only
Canara bank forming double top ....keep an eye
Deep Shark pattern observed in Nifty Futures - 15 min Time frame. Note - this is an educational material on harmonic patterns, not a trading advise.
On daily Charts there is a picture perfect Head & Shoulder chart pattern is on formation.I see some good downside in coming weeks..
I expect a volatile wide range movement on 12th FEB 2021 5 days within range which will be broken All the best..!
Looking bearish at the end of the week , expected to reach the price around 1.37500
Tgt-402. Disclaimer: This is my personal view and NOT a trade recommendation.
In 1 hour chart clearly bank nifty showing negative divergence. Expectation for GAP DOWN opening. Bearish View for Intraday trader.
Bearish reversal pattern but banks have been in rally news based due to budget announcement on 01 FEB Strong breakout above 1 could push the price high to 810+ Trade the levels All the best..!
15000 is a good level for some profit booking since Budget dat. RR is favurable.
GOLD - Descending channel formation at day chart
Shooting star forms in a very trending market with a long wick gives alarming signal. From october FII s pumping money into market and from last 1 month they are buying continuously but from last 3 session they started selling. DIIs selling from october , they are selling from very lower levels when nifty was at 11800 so expecting that DII s will handle bears is...
ICICI Prudential forming Elliot wave on daily time frame and looking bearish. Target & SL is mentioned for paper trading, will appreciate your comments to improvise my drawing & price analysis.
Britannia will test their level again i.e. 3392.