Persistent Systems Stock after forming Double top Pattern and now looks week Stock trading at its support levels and looks week If market trend will be like this then Stock can give breakdown below 3650 level. Keep Short term targets of 3575 & 3465. Also take short Positional only if stock gives a day closing below 3650 levels Keep Trailing Stop loss to...
it has formed double top with bearish divergence, it can fall upto support trendline. which is 15% below from current levels.
TATASTEEL was make shooting star candle in day tf, and in 15min tf double top pattern create...
BHEL CMP@55.25 Double Top M Pattrern on Weekly Chart Bearish SHORT Targets 43.4/34.5/27.10 SL@60.25
M-pattern Bearish cmp:521.40 If Closes Below 511 target: 453/430/407 sl: 534
Minda Corp gave a multi year breakout after a formation of double top . Stock consolidated as shown on charts and posted earlier. levels are self explanatory on charts. Disclaimer : This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Usha Martin 13 Feb 2022 CMP 90.60 - Inv Head & Shoulder pattern with large base - BO of large base(consolidation/accumulation) on 26 Apr 2021 - minor RT of the neckline in Jun 2021 & upward move continued - price is again consolidating at previous long term swing high which is acting as resistance - micro double top 08 Nov 2021& 10 Jan 2022 with micro triple...
Pattern Spotted - Double Top Entry - 1.60260 StopLoss - 1.60441 TakeProfit - 1.59351
IIFL has given dual breakout from Double bottom and Double top pattern above 360. IIFL has finally given breakout above 360, after two attempts i.e. Double top breakout with buzzing volume. IIFL has also formed Double bottom pattern whose breakout also came above 360 which is a strong bullish sign. Both RSI and MACD is showing strength, RSI breached above...
PERFECT SELL IN THIS SHARE FOR 2 REASONS.. 1- Take resistance from its resistance level. 2- make DOUBLE TOP PATTERN.
Minda Corp is giving a multi year breakout after a formation of double top. If stock consolidates here that will be good sign for future upside move. levels are self explanatory on charts. Disclaimer : This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
Madras fertilizer previous all time high was 53.45 week ended with good price rally with volume... need weekly close above 53.45 for good rally towards 65++ views are educational
Finally Deltacorp has given breakout above 315 with strong volume concluding it a breakout. RSI is also rising above 60 a bullish sign. Positional target of 373 could soon be visible. # Enjoy_trading
As per my view, NIFTY is forming dark clouds on weekly time frame if we get confirmation below 15700 and we can see double top of nifty also and the neckline is around 15492 we can see targets of : 1: 15683 2: 15492 3: 15244 Thanks
Titan pin bar and double top intraday given a free fall from 2380 to 2325 During the intraday if one develops the habit of reading candlesticks and patterns than the dependency on indicator will reduce and more clear picture of movement can be seen without confusion loading of many indicators makes difficult to take action.. keep your chart clean and neat......
Disclaimer: I don’t own shares of Cognizant Technology Solutions ( CTSH ) The below analysis is not a trading or investment recommendation & is only for learning purpose. 1. CTSH entered a long-term uptrend in Nov’21 with price closing above the 200MA. 2.Price broke the previous high around $83 after having retraced 38% to $66. 3.Price has formed a double top...
For the first time BITCOIN had shown a negative MACD histogram on monthly charts be cautious, also Double Top is clearly visible and RSI has also shown breakdown below 60 making its chart the dangerous one.
In today's session, Banknifty formed double top pattern on 30 minutes time frame. Currently it's trading near support(Neckline) level of this pattern. According to pattern in case banknifty gives breakdown of this support level then expected downside target of 37280 level which is height of this pattern from it's neckline. Intermediate support possible at 37550....