BANKNIFTY | Looks like losing momentum Aggressive players - Can try shorting near 29550 zone, with small SL. Conservative player can short below the channel. Double Top, RSI Negative divergence - HDFCBANK looks weakening.
DLF HAS MADE DOUBLE TOP ON 15 mn TF, CAN BE SHORTED HERE @ 187.6 WITH TARGET LEVELS MENTIONED IN CHART - STOP AS PER COMFORT LEVEL disclaimer - trade @ your own risk.
I'm bullish based on the below technical analysis factors. i) Double Top is completed ii) Channel bottom is gazed and moved upwards from it. Entry Pint - 41.5 Target - 48.05, 55.4 SL - 38.5 LONG RISK/Reward Ratio - 4.54
TECHM gave channel breakdown and also pattern looks like double top Price is near neckline breakdown Weak below 798 level
According to this chart, MCX Nickel is making a double top chart pattern. It's at risk of a bearish trend after double top formation. Wherein the first top at 1158.4 level, and the second top can be between the range of 1160 - 1176 . If it's a second top, nickel will make a large false break pin bar here. That might be up to the 1176 level. Afterward, the...
Can be shorted now as well as at point D. Forming a double top pattern and has started its downward journey.
Hello friends , Today i have the technical chart Of Tata Motor Dvr Technical Analysis . Friends as you can see here that it is making Double Top chart pattern which means it can go down and it is down . You can take its Stoploss at 61 Rs and Neck line at 57.10 Rs Its target you can take is at 46.60 Rs as shown in the picture and I have also shown that it can come...
Double top formation done after strong bullish move in banknifty. We will see further correction towards the 22330 level.
As suggested in the previous idea it might make a ugly double top before heading south. Now, further fall is expected if sustains below 1506 levels towards 1476 level. See previous idea, link below. Regards
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...
Bought GRANULES , Target = 379.65 bullish harmonic pattern observed as well as double top formation at all time high expected profit = 11.70 % Stoploss = 4.39 % Bullish engulfing candle also appeared with decent volume
Price is currently forming a double top pattern. Expect price is sell to support zone 1.16988 due to the double top pattern which will reverse the direction for a downward move.
Nifty Future Sell ~ 11190, Stop ~ 11220, Target ~ 11050
Double Top formation formed on hourly chart. Good opportunity to sell for 100 points from here.
Double Top with Bearish Harami Pattern on H1 timeframe.
It's seems double top pattern on ETHBTC chart on 1hour Time frame but i will wait for the red line breakout.
UPL is at major trendline Support after forming double top structure and near to neckline of double top. If it break trendline support and neckline it can fall up to 367
Hindalco has formed a triple top pattern and also double top in the lower timeframe and it is looking for a downside breakout. Can sell on every rise. Do watch for price action before taking the trade. Please Note - All the green lines mean the support zone/demand zone and all the red lines mean the resistance zone/supply zone.