''Candles might help light the way.'' :- Steve Nison 1. HDFC BANK was moving beautifully in an upward parallel channel. 2. At the level of 1640-1650 price, Stock faced resistance thrice, then the price started moving in the downward parallel channel in the tight price range. 3. Stock then broke both parallel channels then fall to the price level of 1352. 4. Stock...
1. Rounding Pattern 2. Support 3. Breakout & Retest 4. Above 50 EMA Hence take a Long Drive with Tata Motors
PRICE CAN GO DOWN ITS OPPORTUNITY SHORT TERM FOR SELL BCZ OCCUR HEAD AND SHOULDERS CHART PATTERN IN EICHER MOTOS
All observation on chart. Below is the short term view for Entry Looking at the overall structure, Current levels are tempting to buy and hold for Big returns.
Gujarat Alkalies has shown a strong weekly breakout from accumulation phase. We would wait for a pull back to the channel to take an entry - around 380 levels. Details mentioned in the chart. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or...
PHILIPCARB:- BUY AT CMP 200 TO 180 TILL Accumulate For 275,350++ With Stop Loss 165 DCB
* This Stock trading near its major support area (0.618) FIbonaccci retracement level and made a rounding bottom pattern . All technical evidence gives a bullish sign .
Nifty has broken its major resistance trendline & changed its trend from bearish to bullish. It tried breaking the Fibonacci 61.8% level but couldn’t break it. We can also see a possible cup formation. Price has been trading inside the cup we made on chart. If nifty trades in range for tomorrow we can confirm that the cup n handle pattern is completed and a...
AMBUJACEM (FUTURE):- NEAR TO ROUNDING BOTTOM BREAKOUT
A double bottom pattern right at the base of the parallel channel along with a bullish divergence indicates upward continuation in the stock for the targets mentioned.
In today's session, Nifty showing breakdown of its double top pattern neckline with strong bearish candle. After breakout of this support expected nifty will give downside target of 13600 in upcoming trading session. Today nifty hold its nearest trend support. We can wait for breakout of this support too. After breakout possible quick downfall towards the target....
There are two key steps to creating alerts: 1. Find Important Price Levels Do your research. Find a price level that looks important and wait. Patience is everything. You have all of the tools available to you to research and follow markets. Whether it's a simple trend line , moving average or a custom Pine Script, use the tools to make better decisions. 2....
Burger king is consolidating for a time and has also formed a double bottom. Chart pattern and MACD single are showing some trend reversal sign means single for a bull run. Buying zone - 130 or below Targets - 150 ,170, 170+ FAQ - What are Double top and double bottom? Answer - Double top and double bottom are reversal chart patterns observed in the technical...
Ascending Triangle Formation in Rising Channel
Banknifty has formed double bottom pattern on 15 min chart. If we look closely it is approaching towards its resistance level. Tomorrow we have news on INTEREST WAIVER. So we would suggest to wait until the decision. If the decision favors for market one should go fir long positions ne cause there’s a chance bank nifty might break 200 ma and change its trend.
► Stock of The Month #2 ◄ ➟ Everything on Chart !!!! ➘ 📌 I have found 15 new patterns on the charts. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns. ☆ I will post the remaining patterns one by one every month. For more, you can check out my previous studies 😍 as...
AARTIDRUGS (WEEKLY):- BUY ON DIP 705 to 670 till accumulation for Target 1800/2000 WITH SL 497.2 DCB
All the reasons for the trade have been explained in the image ---HAPPY TRADING