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...
Probable candidate for Bullish Inverted Head & Shoulder Breakout in NSE:AARTIIND for reward of around 140 rs.
one can look into it to make a bullish position once the stock NSE:AARTIIND closed above the neck line.
I will update the entry, target and stoploss once the breakout completed
BAJAJ FINANCE LTD looks like Channel breakout on daily chart and Double BOTTOM on weekly chart. The primary trend line runs between the breakout, pay attention. If the price sustains above 6311, the pattern will be executed. View upcoming destinations.
TATA MOTORS LTD moving Higher High swing formation. Tata motors overall moving towards uptrend. Now price bounce at HL support, It will be move upward to HH upcoming days. keep concentrate for upcoming target.
I had posted yday about a bullish flag pattern in Natural Gas. See how beautifully it worked out, In this post, I have marked the targets as well. One can notice how easily money can be made if you wait patiently for the right set up to work itself out.
This kind of Flag pattern where after a sharp rally, price consolidates but the lower end of the range remains respected throughout the range while upper end keeps getting narrow representing the decreasing volatility in the price movement. Such formations are called Bullish Flag Pattern. This is currently in making and if price breaks out before the 2/3rd of the...
To confirm the validity of the chart, we have to wait till 1138.
If it cross above 1138 and possible to retest back to 1138 level
Then we can go for LONG if it starts to move up from 1138.
A fundamentally STRONG one.
Expected level for LONG term 1630.