After creating a double top thermax closed at neckline...all we need to do is wait for the break and retest in order to enter swing sell....this is not sure shot information it could possibly reverse as well...so please do your own analysis before taking trade..this is just my knowledge that i am sharing with u guys take it as a knowledge purpose...i hope it will...
NSE:BALAJITELE BalajiTele View : Bullish Shortterm - Medium Term - Long term Structure : Range Bround Range Breakout: Traders can enter in the direction of a breakout from a trading range. To confirm the move is valid, Traders can use other indicators as per thier own wish. Observation: 1. Range Breakout @ 75.00 2. Double / Multiple Bottom 3. Multiple...
Nifty has been on a falling channel right from 3rd February. Today it is moving in another rising channel. So for any up move it has to break out of the falling channel. Otherwise can go short on the break of the smaller rising channel. It is a wait and watch situation.
A DOUBLE TOP chart pattern is known as a reversal pattern. already retested . confirmation is given in daily time frame I am not a sebi register this only for education purpose .I am not responsible for any loss or profit
it has formed double top on weekly chart at 4000. 3660 is daily retest was done. 3400 is best price to enter, if it touches this level due to volatility. since 4400 is buyback price, logically price will touch this level. or it may consolidate between 3400 - 4000 levels
Crypto markets continue to bleed as the total crypto Mcap plummeted by more than ~20% in the last week alone. Uncertainty in Russia and Ukraine also adding more fuel to this fire. Overall, the global markets are also trading in red from the start of this year and due to high correlation between both the markets, crypto markets plunged more than the Equity...
This is mine own research do yours as well My research and opinions should not be consider as an advice or tip Thanks for now
Levels are explained in charts with Entry, Target & Stop Loss. 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.
Maruti is showing signs of Double Top pattern as it is at crucial resistance zone. If it is a clear breakout above 8400, then possibility of more upside. If it falls from here, it could move down forming Double Top pattern. There are some new regulations coming for EV in auto industry, It will be interesting to watch this out
Firstsource Solutions Ltd The Double Top Reversal is a bearish reversal pattern weakly chart I am not a sebi register this only for Education Purpose .I am not Responsible for any loss or profit
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.
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.
Currently Mold tek packaging completed its Double Top and awaiting for Breakout Entry @ 774 Stoploss @ 739 Target @ 872 and above
M&M Seems Bearish, Because of Double Top Breakout and closing of day candle in Consolidation Range
Go Long Above 17325. Wait for Decisive Closing of 15 Mins. Target 17350, 17400, 17450 SL 17245
1. 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 formed a Double top pattern. It is bearish pattern. It seems to break the neck line. If it goes down further, Short. Just tutorial.
Chart 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...