Buy Tata Metaliks (Investment Idea)(Investment Idea)
Buy Tata Metaliks Near 690-700 level,Stoploss 570 ,Target 1070
Study: Stock is trading near retesting level of Previous Breakout ...
H-pattern
BTC/USD Showing W Pattern In 4 hourlyIn BTC-USD pair we can clearly see the double bottom (W) pattern which is showing bullish sign. Volume is also confirming bullish move.
We can see some choppy move this Sunday because of the weekend.
1 st resistance area is 51367$
2nd resistance zone is 52900$-53600$
In case of any downward move BTC needs to hold support zone at 58355$. Weekly closer below this may lead to bear trend.
Take your trades carefully with Stop loss.
Thank you
(Not a financial advice DYOR)
Bank Nifty (May FUT) Some Important Levels for Intraday 12th MAYBank nifty some important levels marked on the chart supply/demand, Previous Day high/Low, Swing High/Low, Turning point , Gap, Virgin CPR Support/resistance, Use this for Intraday Trading,
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Head and Shoulder break down in Indiamart IntermeshHi,
I am new to charting, but I noticed that Head and Shoulder pattern in Indiamart Intermesh. Levels on the Chart.
Please comment, if the analysis is right or wrong by giving reasoning so that I can also learn.
This post is not any recommendation. I am just posting to learn myself.
Bitcoin Bulls display fatigue - A rising Wedge Pattern Trying to re-cross the 60000 "Psychological Mark", BTC bulls tried long at upper resistance line of the rising wedge. WIth strong resistance and exhaustive moves, it seems the bears might move in to play their part, soon. If there is a move below 56000, than we might see a some more downward motion towards 52400 or so.
Saying this, until we see a breakdown, the bulls will still try to push up or keep the consolidation mode on.
The rising wedge is made of converging trendlines connecting higher lows and higher highs. The converging part of the trendline indicates the decrease in upside momentum. Therefore, a downward breakage– a move below the lower end of the rising wedge – is considered a sign of bears moving in.
Pattern Formation on Chart of Natco Pharma! Upside PotentialNSE:NATCOPHARM
Observations well explained on the Chart.
I see a huge upside in Natco Pharma.
The simple Cup and Handle formation is in the process.
Hope to see it does what I made in the chart.
Predictions are merely for education purposes.
RELIANCE | Small swing opportunity in lower time frame - 9%RELIANCE | Small swing opportunity in lower time frame
CMP : 2028
SL : 1960
Target : 2216
1:3 risk reward setup.
Pros :
Risk reward is good
W Pattern,
Taking trendline support in daily time frame.
Positive RSI divergence
Cons : It also deceiving my eyes with Head & Shoulder pattern