Reasons to consider: Aim for long term only 1. Highest volume in this year recently. 2. Trend line breakout in weekly timeframe. 3. Triangle pattern breakout. 4. W pattern breakout. 5. Near to Strong Support. 6. 10 Months of Accumulation period completed Note: please check
Weekly chart analysis of NSE:LATENTVIEW A bullish pennant has been seen on weekly chart pattern. In technical analysis that usually forms after a strong price movement upward, followed by a brief consolidation period. A double bottom is a bullish chart pattern observed in technical analysis. It usually occurs after a downtrend and signifies a potential...
It's time to sell opportunity for this pare of USDJPY. Market now in previous year Oct 2022 strong resistance level. Target 1@144.800 Target 2@140.493
Buy Star Health above 555 SL 534 (21Rs) Target 1: 586 Target 2: 600 Target 3: 618 Target 4: 639 Duration 1-2 month Insurance sector is underperformed , expecting reversal in the sector. Entry before breakout with smaller stop loss
As per the Observation market is giving rally whenever it is crossing 20 ema on 1 hour timeframe , as per that i am bearish on nifty 50 for some days ,also there is rsi divergence confermation on 1 hour timeframe, Also forming a M pattern.
The stock recently experienced a breakout from a double bottom pattern, and this breakout was accompanied by noteworthy volume accumulation. The presence of good volume accumulation during the formation of the double bottom pattern adds significance to the breakout. A double bottom pattern is generally interpreted as a bullish reversal pattern, and the breakout...
Add this to watchlist and wait for entry.👁️🗨️ For short term investment ; Leave a " Like If you agree ".👍 . Wait for small retracement & daily candle to close above - "972" . Trade carefully untill ENTRY level. . Entry: 972 target: 975 - 985 sl: 965 -960 major stoploss/ support: 960 . . Enter only if market Breaks "Yellow box" mentioned. . . Don't make...
Bank Nifty going red? On November 16, the Bank Nifty opened flat and has underperformed and closed lower by 40 points to 44,162. The index has reached the daily upper Bollinger band 44,400 and witnessed some selling pressure at the end. Technicals : We have seen a bullish pennant forming in Bank Nifty followed by a Double Top Pattern. The surprising element...
Reason- NSE:TCS - Double bottom pattern with piercing candle on Daily Chart. Duration 7-15 days The Double Bottom pattern emerges within a downtrend when the price hits two lows at approximately the same level. During this formation, the volume tends to taper off, indicating a decrease in the selling pressure. At each low point, there might be a slight...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking...
The stock recently experienced a significant breakout in the form of a flag pattern on the monthly chart. Additionally, a double bottom breakout occurred on the weekly chart, with subsequent retests confirming the breakout levels. The combination of these breakouts and successful retests suggests substantial upside potential for the stock. Traders and investors...
1. Cup pattern breakout after 2 years 2. Double bottom breakout after 2 years
Don't miss this stocks for next 2/3 weeks Buy on every dips, it's major player's in India growth story. Best buying is around 525 to 550 Strong fundamentals For trading prospective stoploss of intraday is 550 my ultimate target in near future is 700 minimum For more charts follow me on x n fb name Think like the opretor
NSE:BANKNIFTY There is a high chance of downfall, reasons:- 1. Rsi has crossed 60, and going down 2. Every bullish candles are giving a sign of bearish market 3. Double top pattern which says market will go down
NSE:BANKNIFTY There is a high chance of downfall, reasons:- 1. Rsi has crossed 60, and going down 2. Every bullish candles are giving a sign of bearish market 3. Double top pattern which says market will go down
Company: INOX WIND LTD. NSE SYMBOL: NSE:INOXWIND Chart Analysis: Daily Chart Pattern Identification: Double Bottom & Symmetrical Continuation Triangle (Bullish) The price seems to have reached a bottom after failing to break through a support level and ultimately rising higher in a sign of reversal to a new uptrend. The price has broken upward out of...
Double Top Pattern Identified in BankNifty: Potential Downtrend? On November 3rd, BankNifty opened with a significant gap-up but remained range-bound between 43400 and 43278, forming a double top pattern. This pattern suggests a potential downtrend if market sentiment does not reverse. The neckline support of 43600 on the daily time frame is relatively strong...
#KARURVYSYA #patterntrading #breakout #momentumtrading #swingtrading Karur Vysya Bank : Swing Trade >> Inverse H&S pattern Breakout >> W-pattern visible after Pattern Breakout >> Good Strength & Volume in stock Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer...