GRASIM descending triangle for 5th May 20
Finally BAJFINANCE break down in descending triangle with huge volume and sitting at the major support. we can expect a gap down on Monday session and there could be some retracement(or contines the downward direction) towards the resistance. If the downward trend continues 1st target is 1601.
Descending Triangle formation on Bank of Baroda Chart. Descending Triangle is a consolidation pattern . According to the pattern, a possible downside breakout is expected. Watch the last 3 Candlesticks:- 16 April 2020 - Dragonfly Doji 17 April 2020 - Spinning Top 20 April 2020 - Long Legged Doji All these candlesticks are neutral candlesticks .
Descending Triangle formed in SBI card. Target 1 2 & 3 shared along with Resistance as stop loss
Sell Wipro at 230 SL at 247 Target 191
Havells Entry 624 Stop-loss - 610 Target 765 Risk-Reward 1: 8.7 Risk 2.24% - Reward 22% Havells trading at 624, took support around 622-630 zone multiple times in the last 6 months. The primary trend is very strong, so utilizing this dip to get in the trend.
idea is for Learning/Analysis purpose - not recommended.
THE FLOOR(6000$) WHICH WAS MISSING TO BE TESTED IS ON SIGHT NOW. HISTORY GONNA REPEAT ITSELF(6000-3200) HUGE DESCENDIND TRAINGLE / SYMMETRICAL ALSO BE READY GUYS TO MAKE SOME BUCKS. #BITCOIN #XBTUSD
Bearish Breakdown Pattern in IndusInd Bank. Though it's a heavy breakdown, let's see if it works.
Technical Overview of INDUSINDBK: In the below chart, we can see the stock is trading near very crucial support i.e. 1350. On 16th April 2019, the stock has given confirmation of Double Top and from next day has given sharp fall till 1350. From support levels given bounce up to 1670 and made Lower High. Like this stock has started to trade in a Descending...
Hi Traders, NSE IT Sector Looking Bearish with Descending Triangle as per chart. Bearish View due to below point : 1) NSE IT Index forming Lower High & Lower Low. 2) NSE IT Index form Descending Triangle pattern on chart. 3) Heavy Weight stock of IT index like TC , Infy looking weak on chart. 4) TCS Faced resistance at higher level & got reversal to...
Keep an eagle on Indusind bank Key level - 1350 (If it manages to break it then my first target will be 1250 and final target will be 1050)
Short setup Watch out for 600 price level
NSE:BHARTIARTL Forming Descending Triangle if support break then short on bounce can buy till resistance line
Descending triangle pattern spotted in Gold,suggesting bearish bias. Though the base of the pattern falls on 1403, immediately below is round number 1400. Hence it is advised to initiate short only if price closes below 1400 with stop above the falling trendline and target at 1380. Manage to book some profit at 1388 if price traverse through our predicted...
There is no trade as of now... keep tracking this one! Disclaimer: These are only for educational purpose and in no way should be construed as trade recommendation. Please take your trade calls independently, only after proper risk management.
Descending Triangle along with minor supply and demand zones. One high probability setup. Do your own analysis before taking a call