Bank of Broda is in a Bearish Pennant formation of the 60min chart. Shorts may be initiated after the break of the 103.95 level to the downside. If the price advances to the upside traders should observe the 107.40- 106.30 zone for any rejections or candlestick formations to short the stock.
Zone - 107.40 - 106.30
Target 1 - 101.45
Target 2 - 99.40
Target 3 -...
Hi Swing/Long Trader,
Dabur Good Candidate for Swing/Long Trade with strong Point or observation in chart as follows
Flag Pattern Formation.
Consolidation for 2 week above 200 DMA .
200 DMA act as strong support.
RSI bounce back from 60 Level mean Bullish momentum to continue.
CCI Indicator moved above zero mark & making higher high mean Bullish Momentum...
ONGC is in a small correction phase on the 15min chart. The stock has created a clear bear flag formation which can break to the downside. Shorts can be initiated after the levels of 133.75 have been broken.
Target 1 - 132.75
Target 2 - 130.80
Target 3 - 127.95
This content is for information and educational purposes only and should not be...
Bata is in a correction phase after a strong move to the downside. It has developed a rising bear flag formation as seen in the chart above. Traders can look for selling opportunities after the trendline of this bear flag has been broken to the downside which is 1305.
Target - 1253
After a strong move to the downside, SBI seems to be in a correction bear flag pattern. Traders can look for selling opportunities after the trendline has been broken which is the 341.05 level. If the price goes up in the 346-348 zone, which is marked on the chart, traders can look for strong rejections and reversal candle patterns to initiate the trade.
The most famous criptomoeda in the market at the moment is suffering correction in its price, and after that correction reaches the support of 10K (yellow line) it could possibly continue to rise until the resistance of the flag in the value of 12K.
Analyzing the daily chart there is an inverted shoulder-head-to-shoulder formation, giving clear indication that...
We have seen breakdown after (5) wave and fired move in downside which still unstoppable.
This channel is not much reliable target/support 11337 and Final support from measurement at 11212 nearby.
I have drawn the "FLAG PATTERN" in a chart which has still left more fall. It's a negative...