We can clearly see the hanging man (single candle-stick pattern) in the 1D timeframe, which is a signal for upcoming bearish dominance. Moreover, there is a formation of disjoint channel, which is going to open, most likely downwards.
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Reliance is trading in a disjoint channel and currently it is in the support line, and forming a price rotation.
The sellers are more active and the stock has crossed the support line.
Price forming a disjoint channel pattern and trading near the strong support level. Risk takers can enter the market long with tight stop loss below the support level with buffer.
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Price formed disjoint channel pattern and currently trading near the important support levels. One can absorb that the price is falling big and retraces to fall big and then again retraces - this is the pattern running through in this script. As the price is trading near the important support level one can wait for the price to move away from this place and...
Maruti has already made a double top pattern previously followed a continuous move towards up, and formed a curve where buyers and sellers were both confused where the direction of the stock is?
After forming a double top pattern the stock has moved towards down direction.
At current level it is forming a disjoint channel, and the stock is moving near the...
![SBICARD: [Short Term] Disjoint Channel Breakout in SBICARD for Target 875](https://s3.tradingview.com/n/NZmnrrJ0_mid.png "[Short Term] Disjoint Channel Breakout in SBICARD for Target 875")
