It has broken support recently and retraced to resistance, then eventually got rejected. last chance to exit longs. seems like consolidation above 1000 was distribution.
I feel to see M pattern in Tata Steel chart shared Below feels like a Big Move Thats couldn’t sustain before. REFFER mages.app.goo.gl/UuDKGMyxHYhKA6ZP8
On the Weekly chart in S&P 500 , I can notice Bearish Head and Shoulder Pattern , but coming week after this drastic fall maybe we can see some pullback to the neckline and then further collapse on the downside at least till the level I have marked that is 3491.25 SP:SPX
We have seen confirmation of the Head & Shoulders pattern in Dow and it couldn't go above the right shoulder. We may see Dow coming near to 31000 in coming sessions. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
AUDJPY has broken its previous downtrend i am looking to go long during pullbacak at previous resistance ( current support ) I CAN BE 100% WRONG KINLDY MAINTAIN TIGHT SL
As of today, Nifty 50 is at near to support zone and showing positive divergence on the RSI. If it sustains on this support zone then we can see a long position, otherwise if it breaches then further downside can be observed. PS - This is for educational purpose only and take trade at your own risk.
nifty on weekly chart showing falling trend line from highs beautifully a inverted hammer with red candle formation, with exactly respecting trend line nifty making lower highs and lower lows sign of down trend (HL and LL) after breakdown of level 17600 big fall in intraday can be expect here potentially down side targets will be 16790 then 15880
Bank Nifty Price Action Clearly suggest Lower High and Lower low soo market can go further down in coming trading sessions
Above is the view of #ASIANPAINT which can go downward from 3100-3120 range, of smaller blue Fibo 0.786 as one can see in above chart, Also which can be the area to short the price & start of the 3rd mini wave of minute wave 5 . Please take in consideration, If the high i.e. 3163 is broke then the counting is Invalid. Note - View's provided are for Educational...
Range break down - Price moving up making a wedge patter - Shorting opp from the top of the channel. Long term support marked in the chart. Expecting below 400 in end of March
Textbook double bottom pattern at neckline test. The stock also strictly followed a downtrend while respecting a channel. Possible breakout supported by following points : 1. Double bottom confirmation 2. Fundamentally strong stock 3. Channel breakout
After Action against paytm , Stock Going Down , Dont Buy Now , Wait for Any signal Always invest in quality stock for more stock review Search - Stock review with Manoj Shinde 27485
This company is overall downtrend and the volume was increased it. the 3375 and 3400 level is are breakout time to entry price. and the target is 3530 the pervious swing high is target.
Crudeoil is in sell trend continue followed by a head and shoulder pattern, but it was not moved as per expected. Until trend change keep sell on rise. Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
Crudeoil in downtrend with the help of Massive head and shoulder. Here marked maximum possible reversal zones. Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
Trade details: Monthly tf: Market reach the all time fib extension levels (1.618). possible to came for correction. Weekly tf: sideways going on day tf: market reach the day support but, still it not change the trend to up trend, still we have a possibilities to sell Hr tf : day tf correction completed (0.328) and hr tf trend was changed.
Trade stratergy * Overall market was trading near the monthly support zone. and also market broken the demand zone in weekly time frame. * In day tf, market reach all fib extension levels, possible to retracement happen or continue the trend. but, market start the retracement and also continue the down trend. * How i identify the retracement completed? ...