Pfc looking weak on weekly charts break strong support
The point of cotraflexure is a point when you draw your trendline is nearly correct then you will get this type of combo If market is down trend and price touches it from low then price maximum time get rejected and trend continued and vice versa for up trend
Head and shoulder breakdown is on its verge below 225. Stay tuned
T- 1150/1065/967 SL - 1425/1500 Time frame : 90 days Reason : Rate hike , Inflation could keep it down, so its prudent to sell on rise.
#GRASIM ready for Breakdown chart structure very weak expected tgt @1290
This stock is forming head and shoulder pattern on weekly time frame, that can be a big bearish ahead. Right now we are at mid. Bollinger on daily chart, at 20DMA once its break and close below 20DMA then that would be a trigger point, Overall wave structure is also suggesting corrective structure ahead, after completion of impulse waves, we are in corrective...
NSE:MARICO #NSE:MARICO trading near TL, BD possible, Breaking 483 may show good fall. Happy LEarning !!
Axisbank has given good breakdown of 20HMA along with bottom of parallel channel in hourly and apart from theses it has also broken support trendline with good intensity of volume. This stock has fallen below 20DMA which is pegged near 668, Also recent rally ended at RK's Stop line (key level line) near 700. Overall wave structure is suggesting that corrective...
This is a nifty Over View for 03-06-2022. It is not a recommendation. Trade at your only risk Management.
Just a overall view of bank nifty. Just for educational purpose and trying to crate awareness of Technical Analysis. Focus on process not on results.
HDFC bank over all view is given. It is not recommendation, TRADE @ YOUR OWN RISK.
SYMMERTIC TRIANGLE PATTERN, IT IS JUST a View. Not Recommendation. Trade at your own Risk.
Stock take support many time on trendline now breakdown happens and time to make profits
SYMBOL: NSE:BANKNIFTY Banknifty is at a crucial point in the weekly time frame, it has closed below the support zone after hovering over that for almost 1 Year. Selling can be accelerated after a retest is done. Still, if the price closes above 34500 somehow it can be a temporary relief and after some time bears can again try to push BNF down because this year...
it has formed H&S on daily chart. 1000-1100 zone going to be crucial to decide consolidation/rally/fall. any rejections at 20DMA may bring to 1000 levels again. this script has to be in watch mode.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.