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
In the Weekly Chart of MEDPLUS , we can see that, it has retested the support second time. it might retest the W breakout trendline. Expected momentums are shown in chart.
In the Weekly Chart of ARVINDFASN , we can see that, it has multiple rejections at 360-375 levels. Let it retest the W pattern breakout properly and create a Pinbar or Halt candle then we will enter with SL.
In the Weekly Chart of SASKEN , we can see that, pinbar is created. Enter on breaking its high OR let it retest the trendline properly. Expected momentum is shown in chart.
In the Weekly Chart of RAJESHEXPO , we can see that, will there be a W pattern breakout and stock will move up OR selling will still continue. Possible momentums are shown in chart.
In the Weekly Chart of RAJESHEXPO , we can see that, it is near lowest level. will there be a W pattern breakout and stock will move up OR selling will still continue. Possible momentums are shown in chart.
The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation. Diamond pattern has been witnessed in the stock GAEL. The Diamond pattern begins during a downtrend as prices create higher highs and lower lows in a broadening pattern. Then the trading range gradually narrows after the...
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
BSE:TGVSL Looks good for an uptrend! It seems like a potential trend reversal in this stock, possibly in the context of technical analysis. Here's a breakdown of the key elements: Price Reaching a Bottom: This suggests that the stock price has been in a downtrend for a period, and it has recently stopped declining or slowed down significantly. Signs of...
In the Weekly Chart of MANYAVAR , we can see that, it has given W breakout. Let it retest and then enter with SL. Soon we might see a Cup & Handle breakout in it.
After very long consolidation gold made bottom Sign 1 twizzer bottom candle sticks Sign 2 open= low and closed yesterday's candle decisively Now I can say that bottom done It's buy on every dips now
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
L&T Daily Analysis Short CMP 2641 Targets 2585- 2520- 2450- 2400+ Sl below 2700 Daily Bullish candle closing basis can short fut or buy 2600 PE NExt month Expiry
SBI has formed Double Bottom Pattern and started to gave a breakout from 568 as that was resistance line. Based on the pattern target can be set as 625-630. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.
How to do good in the markets ? - Buy low and sell high :-D Well, in this article, I will try to explain how can you really do well in the markets, practically. Not just an advice like - Buy low and sell high. Here's an explanation for this analysis: Fundamental: 1. A Market leader - Castrol is the second highest market share holder with more than 20%...
BTC.D formed clear bullish direction which broken trend along with double bottom and bullish shark which makers alts bleed more.
JSW Energy Weekly Chart Breakout Happening on the Short Term Basis... This Stock created the Resistance Zone around 355.00 to 365.00 level as 1st time it was touched the level April' 2022... It was touched the Resistance Level on 2nd time around September' 2022... And just Lest week it was touched the same Resistance Level on 3rd time.... Its also creating "W"...