As we can see NIFTY broke down its neckline of supposed head and shoulders pattern and looks like it is ready for a bigger fall, we can see next support being around 17166 which could show us a potential reversal but if nifty fails to take support at that level we might see nifty falling further till 16800 levels so keep watching everyone
Formed EVENING STAR, BEARISH ENGULFING & DOUBLE TOP PATTERN IN WEEKLY TIME FRAME EVENING STAR PATTERN low was breached on 29 Aug but not taken out on WCB & then high was breached on 13 Sept - 15 Sept continuously but not taken out on WCB, ended up in BEARISH ENGULFING PATTERN along with DOUBLE TOP. Now finally both the patterns have been validated with lows been...
GRANULES | Channel breakout ahead - Looks potential for 30% CMP : 323 SL : 300 Target : 425 1:4 risk reward setup
hello friends as you can see that now daily time frame breakout from resistance and making evening doji star with good volume that means market will be go down site this stock for weekly not for intraday so please like and comment share with your friends thank you.
TIMETECHNO | Trendline + Channel + 200 EMA support - Trying to capture a 20% reversal CMP : 107 SL : 100 Target : 130 1:3+ risk reward setup
On daily chart banknifty looks weak as it formed shooting Star pattern with negative divergence. Details of SL , low of second candle and 1:1 target mentioned in the chart. We can short when it breaks low of second candle. Just remember it's on daily chart it will take time. One candle per day.
Hindustan uniliver Ltd. H4 Time-frame Shooting Star at 2723.75 Low of second candle 2674.65 1:1 Target 2625.55 #shortsell
ABFRL Cmp 335 dated 23-9-2022 1. Bearing Engulfing Candlestick @ top of the chart. 2. RSI had already breakdown Sell below 333 for target 323-310-300-290-275 SL 250 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for...
1. Price has retraced on falling volumes. 2. The small body candle formed at the end of retracement has its low at exactly the same level as a previous BO candle low (watch green color support line) 3. The next small body candle has a higher closer and at a higher volume. 4. Also the change of inclination of ROC(9) on (close) and ROC (3) on (Hull MA (Close10))...
5th jul close and 6th jul open are same this is tweezer top
Dear friends, The impact of the war is concealed by FIIs and DIIs and High net worth Individuals. First time they are in panic, but they are creating a huge and different picture. They are very smartly using people short memories and taking advantages. They wanted to people should forget the consequences of the war. Then only they can able to sell their...
breaking the resistance line - expecting RIL to go up from current level target and stop based on comfort personally, would wait for neckline break to enter 2540 level to watch here patter formation - cup formation disclaimer - trade @ own risk
Good Morning! As per what we had stated yesterday, we did observe Nifty’s attempt to take a bounce back, in the early and in the later hours of the Market yesterday itself. However on repeatedly failing to do so, we instead observed some selling pressure in the Market. Well as of now, we can see the formation of a Doji pattern on the Day chart. So, it will be...
As we can see NIFTY is showing more of indecision like scenario in daily time frame excatly around trendline which shows nifty took support at its trendline and got rejected but on the other hand we can see more like an HEAD and SHOULDERS pattern in daily time frame and level of 17400-17500 is acting as its neckline hence if nifty couldn’t sustain itself above...
KIRLOSBROS | Trendline breakout + INHS visual. Looks potential for 35-40% CMP : 366 (Dip : 350) SL : 325 Target : 420, 490 1:4+ risk reward setup for second target
NSE:KPITTECH #NSE:KPITTECH formed beautiful #Cupandhandle and BO, sustainability above the resistance level may reach to 750 🎯
Greetings of the Day! Indeed with a positive opening yesterday, Nifty did take a good attempt in the early hours. However, not being able to continue so, the Market showed a selling pressure from the early hours itself. Thereby, proving the effectiveness of the shooting star pattern, just as it was stated yesterday. As Nifty showed a decline of approx 98 points...
TVS Motor Cmp 1068 dated 21-9-2022 1. Shooting Star Candle at Top of the chart. 2. RSI reversal. Sell below 1065 for a target of 1035-1015-1000 SL 1095 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means...