Keep eye on INDEXIN yesterday's trading session Index have shown weakness where bear have attacked the market>
India50 bounced from the important zone changes are high market opens gap up today we will buy only above 18600
and sell if market opens gap up near to 18500
More qty can be added below 18380 where market can lead till 18200/18050 in todays intraday.
H-pattern
TV18BRDCST LONG #priceaction #TV18 Multi time frame analysis
price action
stock - TV18BRDCST
Monthly TF - traingle pattern ( with stright support line , and descending resistance line )
weekly TF - same as Monthly TF
daily TF - ascending channal pattern
breakouts - already happend in Monthly tf and weekly tf .
- the new channal in daily tf is about to give breakout .
entry - Once breakout happens in daily tf of channal pattern . we can enter .
target - first big resistance in weekly and monthly tf .
sl - after breakout the current resistance line of channal .
( Positional ) Coal India channel Pattern BO Good Morning Traders
Nothing To something To everything
🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻
Buy @ 174
Target @ 211 (21 %)
Sl 159
Multitimeframe trendline BO + channel BO + good volume + trading above all MA
check our Recent analysis from related idea
FOLLOW , LIKE , COMMENT & SUPPORT
market may be reverse at the present point be consus.Dear traders, There is also a Supp. & Res. zone, need to be consus here if it break the upper res. may be goes for long trade in upside.
request to you trade with a Stop loss. RSI & Stochastics both are at Over bought But it is under the 26MA. Good Luck
CHOLAFINANCE : Pattern Failure Pattern failures are more profitable than regular trading patterns. One of the phenomenon can be seen on CHOLAFINANCE chart. A Head and shoulder pattern formation followed by a breakout of the neckline. But the prices immediately came back above the neckline & holding it successfully. This can be taken as pattern failure for H&S formation. One should go long with SL of 543 and look for the target of 620 and 650-60 zone.
HDFC double top Today HDFC close below it's neckline so there is a good position for a sell side double top pattern formed and breakout given today of neckline
THIS IS JUST FOR EDUCATION PURPOSES!!
any thoughts comment below