Fundamentally good stock. good for long term holding. . entry:1535/1600 . target-1600-1750-2080 . . Analysis of this stock had already posted. . . refer old ideas. stay for update.
🚨 Heads up, traders! Nifty has formed a double top pattern right at the peak. While we hesitate to scream "downtrend," signs point to a potential correction. 📊 Technical Breakdown: 1. Initial confirmation with a neckline break. 2. Crucial retest completed for added confirmation. 🎯 Targets & Stoploss? Refer to the chart for specified levels. Brace yourselves...
Reliance spot at 2600 Weekly time frame Horizontal resistance as per previous life high levels, from where counter have changed trend in past, Bearish wolf wave or wedge can also be considered as per formation. Need to keep close watch on price action on daily time frame, if counter is not able to breakout and sustain above life high levels, can retrace around...
Nifty has formed a double top on 15 mins time frame and expected to test lower levels. Sell @ 21160 SL 21210 Targets - 21120, 21085 To motivate us, Please like the idea If you agree with the analysis. Happy Trading!
Naukri (Infoedge) has formed a double top on daily chart which is a bearish pattern and expected to come towards 4520 and below levels until 5100 is intact on the upside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Double Top is formed in 4 Hours chart, if price break neckline, target would be 18 Rs.
ETH/BTC formed bearish shark , double top and bearish divergence which clearly shows that eth week and chance to make short selling
ETH BULLISH CASE : ABCD PATTEN AND TRIANGLE BREAKOUT eth bearish case : double top and bearish shark pattern
NSE:DLF formed Evening Star pattern and Double Top in Daily TF. Entry : 516.90 Target : 582 SL : 545 RR : 1.2
BTC.D formed double top with bearish divergence leads to btc fall and ALT coin will rise
There is a clear head and shoulders appearing on Banknifty. 4 hr time frame. The targets of which can be 43250 (200dema), 41200 and 39300. This is positional view and all upticks are sell with SL at 44586. There is also a clear double top on daily charts.
BankNifty Analysis BankNifty’s trade today looked quite different from Nifty50. The opening candle was a stronger red and we retested the 44068 support. Since we did not break it - my short call did not trigger. The rejection took BN higher by 312pts ~ 0.71% and we went into the green territory for a brief period. And even after all these - the options data was...
This chart explains that ICICI Bank has broken the mid-point (support) and formed a double top pattern and got activated by breaking the support line in Weekly Time Frame However nothing to panic as the next level of support is very near by and it is a short pattern. Unless it reverses and closes back above 950 this pattern will be valid. If the pattern...
NSE:DIXON formed Bearish Engulfing, Bearish marubozu, Rising Wedge, Double Top and -ve RSI Divergence on Daily TF. ITs a high probability trade. Entry : 4920.30 Target : 4650 SL : 5225 RR : 0.9
BTC clearly showing down trend reasons : 1. bearish shark pattern 2. trend line nearly rejection 3. RSI overbought region and macd cross 4. double top pattern
Nifty spot Bearish Divergence on 1 hr can look for tp of 18890-870 with risk reward ratio of 2.31 dc : only for educational and learning purpose
Ambuja cements has made double top on daily charts. Once 445 levels get broken than double top formation will place ambuja near 415-420 range. Buy above 468 only for 485 to 500 levels.
USDT.D formed bearish shark pattern and double top, BEARISH DIVERGENCE in RSI which all suggests that usdt dominance will come down which is inversely related to BTC and ALTCOINS.