Wipro has formed a double top pattern over the past 3 trading sessions, ending the day on higher than average volumes approaching its resistance. An overall correction due to a double top is also expected in the overall Indian IT index. Trade should only be executed if there is a clear rejection in the first candle for any up move, and the double top is thus...
Symphony had given a much awaiting breakout above 1090 which it has tested earlier two times but faced resistance but now with rising volume it has significantly crossed the level. Also double bottom is visible which is a reversal pattern and now its a conformation of that. Both RSI and MACD are showing positive signs and supporting the up move. In short term...
#ETHUSDT - Ethereum is forming a double top on hourly chart close to supply zone Will it breakdown?
NSE:DIVISLAB Double Bottom BO possible on chart. Buy after BO confirmation with SL below previous swing low (AROUND 4375). 1st Target 4650, 2nd target 4800, 3rd positional target 5000. ** EDUCATIONAL PURPOSE
As per my view, NIFTY is forming dark clouds on weekly time frame if we get confirmation below 15700 and we can see double top of nifty also and the neckline is around 15492 we can see targets of : 1: 15683 2: 15492 3: 15244 Thanks
has given a good double bottom breakout expecting a minimum target of 770
Positional Pick Keep Accumulating for 3300-3500 levels
Don't Miss at these levels for targets of 5500-6000 Positional as well as Investment Pick
BTC in one day time frame is Bullish forming double bottom, if its able to break neckline may goes to moon:)
BHEL is at strong support level. It's inverted W pattern.
TATASTEEL form bearish Chart Double Top . Which indicate bearishness . anotherwise look at RSI divergens also indicates that. small rally was over small correction is now here.
Now one re test at neckline and then a good fall if 35250 broken with strong candle ... Maza aya ?
If the neck line is breached, we can see the markets moving towards 35000,
W-Pattern formed in IRFC daily chart this means trend is changed buy and hold as per your risk
It looks interesting when we see things from a different perspective. Double bottoms are spotted with price scale is set to inverse. So that makes me to wonder about target of such a pattern on index if the pattern doesn't fail. Disclaimer: No Trading Recommedation - View for Educational purpose only
The price in oversold area and at major support level. The breakdown of support will generate 6-10% return on short term basis Long entry if & only trend reversal candle create from level of EMA 200. The chart is simple and self explanatory. Disclaimer : Consult your financial advisor before any trading or/and investing activity.
After a long time, HPCL comes to my radar as we can see HPCL shows some strength Price is making a double bottom pattern on the other hand also volume is increasing and RSI showing bullish diverge RSI making a higher low. We have a great opportunity our entry price is CMP our SL will be 270.90 and our TGT will be 306 good luck.
Titan pin bar and double top intraday given a free fall from 2380 to 2325 During the intraday if one develops the habit of reading candlesticks and patterns than the dependency on indicator will reduce and more clear picture of movement can be seen without confusion loading of many indicators makes difficult to take action.. keep your chart clean and neat......