pic speaks a lot... but now only I have few words left.. here u go.... 1) a double top in 1W.. 2) 4hr a trend reversal is confirmed 3) 30 min a LH formed and started a fall.. hit 1st target. 4HR - target -- 1) 1.40082 (already hit the target.) 2) 1.39406 3) 1.38673 4) 1.38311 in WEEKLY...
Gold has formed double top pattern
TCS has gradually formed Double Top which is slanted. Historically, double top has a bearish outlook. A reason which may prove extraneous and therefore may invalidate Double Top could be Q3Y20 results. If results surpass majority of expectations then TCS may bouce back
DLF Short 4 hourly Chart 1. Double Top pattern 2. Dark Cloud Cover Pattern 3. Negative MACD Divergence 4. Very Short Stoploss.
GAIL FORM DOUBLE TOP KIND OF PATTERN ON 4 HOUR CHARTS TO MAY FALL TO THE MENTIONED LEVEL. THOSE WHO WANT TO TRADE LEVELS ARE MENTIONED ON CHART
Double Fake top formation on Axis Bank also there is RSI Bearish Divergence Sell @ 744.70 SL @ 756.40 TGT1 @ 733.20 TGT2 @ 725
Reliance has made a double top pattern and has landed on the neckline. 1541 is critical support and falling below that will trigger the double top pattern and will push the scrip towards 1521-->1502--> 1483-->1465. 26th Dec (+/- 24 hrs.) is critical date and it can change the trend in the favour of bulls. The double top height is the target in classical TA, but...
Fake Double Top Cummins India Buy above 536 TGT: 567 SL: 504.45
TATAELXSI Sell @ 843.75 fake double top formation with weak RSI and Bearish Divergence TGT1: 808.85 TGT2: 773 SL: 880
One can sell INFY if it crosses below 713.65 for TGT1: 705.05, TGT2: 696.45 with SL: 723 also RSI Looks weak because there is Bearish Divergence
Fake Double top with Bearish Divergence on 30 Min chart, Sell Below 1700 with StopLoss: 1724 TGT1: 1678 TGT2: 1655
TORNTPHARM fake double top formation sell immediately with SL: 1941 TGT1: 1811 TGT2: 1748
Bajaj Auto fake double top formation sell immediately with SL: 3286 TGT1: 3171 TGT2: 3114
Banknifty Double Top Formation ..In Last 31 days So 1'St Target Achived in Dec 09 ( Around )
SBI moved very fast and reached near resistance.
There is a slight RSI -ve divergence and support breakdown in INFY
There is a double top formation in the TCS and i the daily price close below 2060 then entry possible with target of 1866 DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk
SBIN has suggested earlier has filled the gap, but once it goes below 324( recent low), only below 324 expect breakdown of major support and fall towards 308/295. Rest classical and EW analysis mentioned on the chart Regards, Sharma Yogesh