At long term resistance on daily chart + bearish engulfing. Going down!
Vedanta at the resistance zone on daily chart and bearish engulfing reflecting near term downside.
RSI DIVERGENCE WITH BEARISH ENGULFING PATTERN CONFIRMING A TOP SIGNALING BEARS MAY TAKE CONTROL FROM HERE AND WE MAY SAY A GOOD DOWNWARD RALLY. APPOLO HOSPITAL SELL AT 1735 STOP-LOSS AT 1810 TARGET 1580
EURINR pair has entered bearish territory, one should go short with strict stop loss as mentioned in the charts. macd crossover has happened and Stochastic showing loss of momentum, once 20 day EMA broken then huge gains possible Disclaimer: I will not be responsible for the profits or the loss made by trader using my analysis.
This chart shows the consolidation of AMARAJABAT since the start of this month (august). So we expect either an up or downward move one it breaks the pattern. Wait for the breakout. Confirm it is clear breakout with volume . Buy with the help of technical indicators like macd , moving average, pivot points etc Or you could wait for a retracement and buy at...
ASHOKLEY - BEARISH TRIANGLE Wait for the breakout. Confirm it is clear breakout with volume Buy with the help of technical indicators like macd , moving average, pivot points etc Or you could wait for a retracement and buy at retracement (if it happens) Beware : Please keep in mind and stay away from False Breakout Traps. Also this is not any...
CLACSIC BEARISH ENGULFING CANDLESTICK PATTERN AR THE 20 DAYS EMA + 36% FIBO RETRACEMENT.
A strong impulse wave can be identified according to me. A short position for a couple of days might be good. Also the trend is bullish so a pullback is likely to happen
A bearish gartley has been formed with accurate fib retracement. Plus the first target is on middle bollinger band.
Manapuram Fin Sell levels activated
Go Short at the levels 1.618 is a Strong reversal zone
- Falling from a breakout with good volume. - Created a downside flag pattern on 15 min charts and broke out of it with volume - Simple analysis, easy to understand
We can clearly see a triangle pattern break down, and also pharma sector is somehow a little bearish in my view. If market sentiment is negative, this can come further down.