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
NSE:KOTAKBANK KOTAK BANK IS AT A CRUCIAL LEVEL OF 1445 . TRADE COULD BE TAKEN IN EITHER DIRECTION BASED ON THE FORMATION AND BEHAVIOUR OF UPCOMING CANDLES .
Bank Nifty with a classic trendline breakdown or double top u name it..with the bearish candle that healthy, gap support will break like hot knife through butter possible target is 29530/28500..
Axis Bank had been on a good bull run tracing a rising channel. Strength in bulls looks to have lost steam where it couldn't make new highs. Right now, looking at the chart we could identify a Double top pattern with neck level at 760. Yesterday's close below the neck level has confirmed the pattern and it would be right to take bear bias. However do look for a...
Hi, Tata Motors made Double top. For Short Sell Entry - 167 to 165 Stop loss - 172.25 Target.... 160 & 150 Catch up Telegram : t.me
Explained in the video
Check the Double top breakdown. In last session it did break neckline of the double top. Target for this pattern is 250 but some support around 254, so we can take trade for 254. Keep in watch-list.
Double Top pattern spotted in Tata Steel . Pattern is confirmed as price has broken below 500; neck level retesting looks to have done already. Pattern suggests a target of 485. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks,...
BUY: 1479 SL: 1475 TGT: 1485
Trade strategy for ABB India Ltd can be approached by 3 ways. Below are the ways mentioned, 1. Since 1620 is good resistance, shorts can be initiated at current levels with stops above previous traded high of 1640. Exit points can be either on i)Rising trendline level or ii)Support area between 1547 & 1567 or iii) 1505/10 2. If the stock breaks the above...
Double Top pattern spotted in Infy. Pattern is confirmed as price has fallen below the neck level. Thus the stock can be expected to fall to 720. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk...
Tech Mahindra appears weak in chart. Earlier there was a Double Top pattern and currently we could see a valid Bear Flag pulling price downwards. Now that the stock is hovering around double top target levels of 700, which also being a round number the stock might pick it as a support and perform some recovery. However, the recovery to be considered as a trend...
Double Top pattern spotted in Bandhan Bank . Pattern is confirmed as price has broken below 532-542 range. Pattern suggests a target of 436 which is 18% downside.
Double Top pattern spotted in UPL Limited. Pattern is confirmed by breaching 987 levels. The stock can be expected to fall by about 5% towards 934. Do notice that rising Trendline is broken.
Britannia looks Bearish with Head & Shoulder pattern, also there is a formation of double top. Minimum target: 2910 and trail stop loss to cost price
NSE:HCLTECH HCLTECH weekly double top and rsi negative divergence... SHORT SHORT SHORT