NIFTY index on a weekly timeframe, a notable diamond top formation seems to be developing. Historically, diamond patterns have often signaled significant price reversals. Based on this observation, a potential 1000 pts move could be on the horizon. Analysis: Diamond Top Formation : The diamond pattern, often considered a reversal formation, has manifested...
Pokarna Ltd. has been in a downtrend for quite a bit, but this week it is breaking the structure of the downtrend and shifting to an uptrend. Buy Eligibility will require I. The price to close above 420 ii. The high of this week is to be broken. The chart is for educational purposes, and trade as per your analysis.
As per my views , i can see copper in down trend, which it could go 700. In higher time frame it is visible "Head and Shoulder pattern".
* All the information shared in this chart is provided for strictly educational purposes only. * This chart is sharing information are based on the theory of technical analysis . * This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security. * Back test yourself before jump into live market consult your...
A resistance level is the point on a price chart at which an upward price trajectory is impeded by an overwhelming inclination to sell the asset. If a market price is nearing a resistance level, a trader may opt to close their position and take the profit, rather than risk the price falling back.
The moving average works just as well in lower and higher time frames. As a result, day traders will find benefit in placing 50-bar EMAs on 15 and 60 minute charts because they define natural end points for intraday oscillations
Nifty is currently in the downward wave three correction. We have witnessed two red rays, which are part of wave 5 of the downward wave 3. So, we can witness one more red candle day that can complete wave 5 (of the larger wave 3) on the downside, and then the market should rally up in wave 4. Beware of the major wave 5 correction which is likely to begin in the...
NIFTY 50 ON HOURLY TIME FRAME CREATING INVERTED H&S PATTERN. Considering global views nifty could correct and could reach till target 1 & target 2. target 3 is Base made by index... Views are purely technical with considering Views of Chinese and American Economic Data
Hello Traders and Investors, i hope you all will be doing good. I have brought an analysis on Tech Mahindra, i hope it will be beneficial to you guy's, So let's start:- As we have seen a Neat and Clean solid Breakout of Tech Mahindra stock after a long Accumulation Phase. Do you guy's know What is an Accumulation Phase? Okay i will write what i know about...
📊 Pattern: Falling Wedge Stock May Break down 📌 Symbol/Asset: HERO MOTORCORP LIMITED 🔍 Description: Stock in bearish momentum may break down 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
EICHER MOTORS Key highlights: 💡 ✅On 1 hour Time Frame Stock Showing Reversal of Downtrend Channel Pattern . ✅ It can give movement upto the final target of Above 3275+. ✅Can Go short in this stock by placing a stop loss below 3191-.
📊 Pattern: Falling Channel 📌 Symbol/Asset: BANDHAN BANK 🔍 Description: Stock in Down Trend 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
After a good upside rally as can be seen in the chart, 'Berger Paints' went into a consolidation phase. today it has broken the consolidation zone and also has changed the trend in the smaller time frame. Now we can keep it on the radar for the coming days so we can see if this is a breakdown which is more likely to happen or a fakeout to trap sellers. both side...
Overall Trend : Down Retracement at least 50-60 Points in Nifty50 Entry below Shooting Star SL : 5 Points + above Shooting Star Risk Reward : 1: 2:3:4:5
Look Weak chart of Voltas. The chart is forming LL and LH. A very high probability that stock will breakdown the support area. can take short entry below 745 for the next level of 700-690-685 with SL of 770
TVC:DJI sharing important buy sell zones derived from analysing resistance/support zones on major timeframe to smaller time frame study. dow has been struglling to move upward since it entered the monthly/daily sell zone and resistance are which dow has been unsuccefull to break since few weeks in past, unless we get something positive and strong news , dow may...
DLF's uptrend movement looks like fading away. In today's trading stock closed below 14 days EMA forming bearish inside candle pattern. MACD is also giving a bearish signal. Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit or loss.
Apple/AAPL, Long Term Analysis DOWNTREND Apple Analysis -Monthly Chart with Fibonacci Extension