I draw my own levels for Bank Nifty and Nifty-50 for 13 June and this is my testing phase in Bank Nifty and Nifty-50. I only follow Support and Resistance and apply simple psychology in the market and trying to understand Seller's move and SL. Today in BN 15 minutes market forms double top and fall down. # I am not SEBI registered person. # Just for education purpose
Bajaj auto can be shorted due to the following reasons 1)M pattern formation on daily chart 2)In parallel range 3)If Breaks support zone then favorable RR 4)20& 50 EMA on an hourly chart is about to have crossover
In the Weekly Chart of PATANJALI , we can see that; it has given breakout from W Pattern. Let it retest then enter with SL.
KOTAKBANK formed a double top (M Pattern) in daily time frame and now it breaks its neckline and ready to fill the gap downside. Do your own analysis to grab some good selling opportunities in coming week. If This post got minimum 100+ views, I’ll update further updates here in the comments. Stay tuned… Thank you, Happy Trading.
Nifty at crucial level at the time and the formation is double top at all time high if nifty breakouts the high then we will see new bulls trend either breakdown the double top neckline the we will see a 15-20% retraces Wait and see
With a Shooting Star CandleStick and sort of Bearish Engulfing Candlestick, BankNifty hints that it has topped now and below 43700 we can see levels of 43400, 42650 and aswell.
Good double bottom is seen at earlier support level in angel one. SL: 2009 Target : 1330/1620/1950
Looks like a Double Bottom formation in Progress If the formation sustains can look a big targets in a year. Stock is near monthly demand zone as well can give a bounce back to confirm the trajectory Go Long at CMP SL below demand 490 Targets 619/735/874/1000
Keep #CAPACITE on your watchlist. still in the accumulation phase. #NIFTY/NSE:CAPACITE #RatioChart indicates a trend change. Deeply Undervalued, Re-Rating #Stock EPS jumped-90%. Sales jumped-29%. BigBull Mukul Mahavir Agrawal is also invested in it. I compared #CAPACITE vs. the #Nifty and its peers from November 29, 2022, and discovered that it has outperformed...
Kitex Garments Ltd. 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 Double Bottom pattern has formed during a downtrend as the price reaches two distinct lows at roughly the same price level. Finally the price breaks upward above the highest high to...
CUMMINS INDIA after results has dropped with volumes. Double top at 1700 is in making, just waiting for 1530 levels to breach where double top breakdown will happen. A conditional sell
Glaxo: Strong Double bottom and BO with strong volumes on weekly chart. Strong BO of 1350 is happening after 7 months. Buy above 1404 Targets: 1416/1430/1445 SL: As per risk capacity Disclaimer: Im not SEBI registered, Contact your financial advisor before taking any trades.
There is a positive development as the price breaks above the upper trendline before the triangle reaches its apex. This breakout is accompanied by a noticeable increase in trading volume, which serves as confirmation of the bullish nature of this pattern. It suggests a reversal of the prior downtrend and indicates a potential upward movement in the price. In...
GREAVES COTTON Study - Double Bottom Formation seen Time Frame - 1 hour Entry At 125 and Stop loss Near 120 , Target price seen from chart is 140+ This char is only for educational purpose. Do your own study before taking any trade
MOIL has formed Reverse Head & Shoulder Pattern after long down trend. Can be added at current level around 157-158 with target of 170 and set SL at 153. This gives us risk to reward ration of 1:3. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.
BUY - LOKESH MACHINES CMP - Rs. 145 Target - 1: Rs. 210 Target - 2: Rs. 260 . . Technicals - Double Bottom BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Hello traders XAUUSD a Sell tread setup, don,t miss this chance good opportunity for you follow me on treading view for more ideas .../// thank you
NSE:TATASTEEL has made double bottom and is near the neckline. One can initiate long trade only after closing of breakout candle above the neckline. Keep a wa