On 15 min time frame the stock is formed a double bottom pattern and trading above 685 will breakout this pattern. A good potential up move in the card.
If Breaks Then The Targets could be Taken at 4499 .
Time Frame :- 1 Day
Symbol Name :- Tata Elxsi
Comment Below If You want to ask me questions on this on any other idea .
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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You can initiate buy Trade now as retest on Trend line and 50 EMA has been Made, also i shared a post regarding Double Bottom Yesterday, its target has also been achieved.
Target Levels are mentioned in Chart.
Be Cautious #TripleTop #pattern (trend reversal) at #TRITURBINE (Triveni Turbine Ltd) weekly chart.
What Is a Triple Top?
The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices...
Be Cautious #TripleTop #pattern (trend reversal) at #sbin (State Bank of India) weekly chart.
What Is a Triple Top?
The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices may be...
If Breaks Then The Targets could be Taken at 7260 .
Time Frame :- 1 Day
Symbol Name :- Tata Elxsi
Comment Below If You want to ask me questions on this on any other idea .
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
BTW Like and Follow if you like this awesome content
Drreddy has been repeatedly testing an important resistance level of 4400. Forming a double bottom, Drreddy has established a good base & is now ready for breakout above 4400. Trade is as follows.
Entry 4365
SL 4239
Targets 4644, 4796.
Please trade according to your risk appetite. Once in the trade, enter SL first.
Happy Trading!
Be Cautious #TripleTop #pattern (trend reversal) at #TATAPOWER (Tata Power Company Ltd) weekly chart.
What Is a Triple Top?
The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices...
polycab has formed tripple top pattern.
Weakness can be seen in the stock,
if it closes below 2121 on daily Time frame. (good for short entry )
we can expect 7 - 8% return from this stock .
* polycab is trading near its support zone which has been tested 3times.
>>>>>>>>>>>>>>>>>>>>> PLEASE FOLLOW RISK MANAGEMENT <<<<<<<<<<<<<<<<<<<<<<<<
If Breaks Then The Targets could be Taken at 2610 .
Time Frame :- 1 Hour
Patterns Name :- Double Top
Symbol Name :- Reliance
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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