FSL [ Double Top Reversal ]
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The Double Top Reversal is a bearish reversal pattern
weakly chart
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Double Top
Short selling intraday opportunity in Tech mahindra Hello,
Recently tech mahindra gives flag breakout. It seems tech mahindra forming a double top pattern. If it breaks support of 1770 then we can go for short selling trade opportunity for target 1720.
BTC Bearish Divergence on the Weekly MACD is showing a strong bearish divergence building up on the weekly timeframe.
In context of the tightening monetary policy of the FED, this is not looking good.
Cyclic Double Top - Mold Tek PackagingCurrently Mold tek packaging completed its Double Top and awaiting for Breakout
Entry @ 774
Stoploss @ 739
Target @ 872 and above
M&M BearishM&M Seems Bearish, Because of Double Top Breakout and closing of day candle in Consolidation Range
Nifty Analysis | Long PositionGo Long Above 17325. Wait for Decisive Closing of 15 Mins.
Target 17350, 17400, 17450
SL 17245
Best Price to buy 145-1541. Best Price between 145-154
2. Stop lose - Weekly Closing below - 139
3. Gail is trading inside a channel
4. Channel Support and 50 EMA Support
5. As per volume profile 145 and 154 has an huge volume so it may act as support/Resistance
Caution : Keep Strict Stop lose Because its looks like double top
M&M 1DM&M formed a Double top pattern.
It is bearish pattern.
It seems to break the neck line.
If it goes down further, Short.
Just tutorial.
Bajaj Auto: Bearish potential weekly double top & -ve newsChart wise double top break down potential exit on weekly charts and any 3447 previous swing low broken
Could see more downfall. The momentum on short term and medium term has entered bear zones .Trend
Indicators also bearish on all timeframes. Bollinger band spill out happened on weekly charts as well indicator
bearishness ahead. Entry could be on daily on breach of the previous swing low support break.
bhartiairtelbharti airtel is near resistence.
looking here may be some cautious if it makes M pattern.
it is just view.
Swing SetupEXPLANATION : This is a Daily time frame chart of UPL . The stock has been in a downtrend for days and has formed double top pattern . If give a strong breakdown and broke its demand zone with volumes and has retested the same. I am bearish on this stock for the coming days . If taken support from demand zone we buy at the bottom and sell at the top , I am bullish on this stock for the coming days . Enter as per your setup .
If you like the analysis give a Like // Follow for more updates , let me know in comments below :)
Swing SetupEXPLANATION : This is a Daily time frame chart of ULTRACEMCO . The stock has been in a downtrend for days and has formed kind of a head and shoulder pattern . If give a strong breakdown and broke its demand zone with volumes and has retested the same. I am bearish on this stock for the coming days . If taken support from demand zone we buy at the bottom and sell at the top , I am bullish on this stock for the coming days . Enter as per your setup and sit tight to achieve the maximum target.
If you like the analysis give a Like // Follow for more updates , let me know in comments below :)
Jswsl good short candidateDouble top formation on daily time frame,,
neckline around 640-644 levels,,
need confirmation of breakdown below neckline,,
Good fall possible once structure is confirmed
KEC International - Forming a Double top.NSE:KEC
KEC International - Forming a Double top.
Expect a Reversal at 453 and expect to reach 380 within 20 Days
Disclaimer - Its not a recommendation
ABFRL short term view ABFRL view on short term ..
Stop Loss and Target placed on the chart.
Entry level same as shown in chart.
watch out this stock.
thank you !!
Nifty: Would it continue or are the legs getting tired???Nifty
On rise, one may look to sell Nifty.
T1 and T2 are highlighted in charts
SL one may keep a SL at 17442 for Nifty
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
DABUR INDIA DOUBLE TOP 15 MINDABUR INDIA formed a double top. We can go long after breaking double top and go short below the levels marked.
ZENSARTECH | NSE INDIA | ANALYSISThis is the analysis of Zensartechnology stock.
Comment about my analysis...
USDCADUSDCAD is forming a double top on the monthly timeframe. Currently in an uptrend on the daily timeframe. It may respect the uptrend channel. You can place a stop order for a swing trade at 2:1 RR. On the Gann, it is on the verge of breaking the 1/1 line to continue further in uptrend.
