Bajaj Finance Ltd looks like a head-and-shoulders formation. If the price break the neckline and sustains below the 7000 level , the pattern is activated. Look for a upcoming target of 6400.
Reliance Inds forms Descending triangle pattern in 4hrs time frame. keep concentrate if price break below 2380, It will move downwards to the mentioned support level of 2320.
NSE:ASIANPAINT
#ASIANPAINT JUN 3000 PE given @ 118 and reached to 317 today and bagged 30K appx per lot.
Further levels marked for practice.
Check out the other levels shared, feel good about our analysis, pls leave your feedback.
Happy LEarning !!
Falcon Analytics Outlook Bank Nifty for the week (May 23 – May27)
Technically on the daily charts we see major support on the downside for BankNifty index lies at 32955 levels,
whereas major resistance on the upside is capped around 35000 levels.
If BankNifty index breaches minor support on the downside and closes below it, we may see fresh break down...
Separating Lines
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Its a rare 2 candlestick pattern. Basically a continuation pattern but sometimes can also be seen at the end of a pullback.
In an uptrend, you will observe a strong bearish day with poor closing but next day the stock opens at the open of the prior bearish day. Thus it negates all the bearishness of the previous day and forces...
DESCRIPTION:
The price of the counter USDCAD is retaining below the resistance trend line. The trend line has been tested thrice at prices of 1.2634, 1.2630, and 1.2621. The price is still under the resistance trend line and there is no indication for a breakout. Today the price started moving downwards and the selling pressure of the market may pull the price...
Exit Holding if : Closing Below 78.50
Stop-Loss : 85.80
Minimum Target Price : 53.25
Risk to Reward 1: 3.6
Of course, It's not a trading opportunity as we can not short sell this stock and make a profit. But Those who holding Prajind in their portfolio can exit and enter at a lower level again.
It seems convincing enough to sell the stock based on his recent...
FEDERALBNK MOVE RECTANGLE BEARISH PATTERN POSSIBLE MOVE IN DOWNWARD KEEP WATCHING...
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging...
