Double Top

Targets on chart

Double top formation, short for a 30Points profit

AUD/USD has formed a double top pattern in the 15-min chart. It has also moved past its critical support at 0.78787. Hence we expect the pair to be bearish in the near-term.

After forming a double top, the pair has broken a critical support as well. Now the pair is resisted by the broken support at 0.68958. Hence, the pair is set to make a bearish move from here.

MARICO CLEAR DOWNTREND TARGET 320

TATASTEEL facing resistance exactly at fibonacci (513). Will it break up or will move in uptrend double top? If it breaks up target 535 If it moves down target 490

1)Double Top Formation 2)Bearish Butterfly pattern 3)Bollinger Band resistance As shown in chart whenever stock break 2200 level it rapidly moves down and Simple moving average acts as support. So it can move down up to 2140/2100/2040....

May find support @780

Short Opportunity in UJJIVAN

Double Top + Inside Bar Short below 538.05, SL PDH PDH = 550.80 If gap up or down, follow 5m ORB.

Buy Above 11000 & Sell Below 10800. Thanks

double top formed with divergence in infy

Potential Double Top formation in AsianPaint

Trading Strategy Magical level 10800 was the level identified on 23rd Jan 2019 as per status update - took a risky call in between 10840 - 10850 with strict stoploss -10865 Remember - If you are trading -you will lose -no doubt but If you are trading & don't know what you are trading - you will lose all! Plan A Wait for some correction if index opens with...

H&S = Head & Shoulder Pattern

Nifty & Cheteshwar Pujara -The White Walkers - We should learn the art of patience from Mr. Pujara. Thank You, Sir, for giving us such a wonderful performance. 14:05 Hrs 17th Jan 2019 Last Price@10862 Target achieved Target 1@10865 done as per the last update- selling from 10905-10915 - day top zone In progress Target 2@10825 - in between there is minor...

Wipro has failed yet again around 335 levels forming Double top in the week of 17 September 2018 and 17 December 2018 . I can also see a large Bearish Engulfing candle for this week. Looks like the stock is headed back to 305 levels. Good opportunity to short with stop loss around 335. Disclaimer: Views expressed here are my own, and should not be interpreted...

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