In weekly time frame Hdfc Bank formed a hammer pattern. Also after hammer formation candlestick pattern gives buying confirmation with SL of 1271.60. Possible 1:1 target is 1451.7. As weekly target takes time to achieve its great to buy this in equities rather than options. You can also see positive divergence. This is for learning purposes only. Thanks
MARICO upward sloping channel Hammer at the bottom of the trendline Looks like further upside is due Stay tuned!!!
BERGER PAINTS forming HAMMER at support along with other conditions like RSI reversing from oversold to normal zone, volume higher than previous day. One can go long if price sustains above 645 on 15min/30min time frame with a stop loss of recent swing low of 618 Target 1 - 671, target 2 - 682, target 3 - 733
Will this pattern work by confirmation on Wednesday . Regards
trend line always gives you best risk to reword if made good entry on 17march national aluminum given a good technical trade setup where price is over trend line and made hammer on trend line with conformation of same time hammer on 50days moving average and also here is a support level of 114 (drown red horizontal line) chart already explaining every thing it...
As per the 2 Hour Chart of BAJAJCON, we have witnessed a Formation of a “HAMMER” Pattern on the downside levels. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 163.40, 167.25, and 174.20. Whereas, on the other hand, on the...
Repcohome Long (1 Feb) RSI- 51 Bullish harami candle stick pattern Hammer at 20 Day EMA RSI Divergence Buy at CMP- 267 SL- 254 Target- 292, 305, 320 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
NSE:SBICARD SBI Card looks good for buying in multi time frame analysis In weekly, it has created hammer at very strong support, can buy above last week high, and Stop loss below previous week low In daily Piercing candle and good volume Rsi moving above 40 in daily which shows sideways or uptrend market Open interest showing short covering and long buildup...
As per the 2 Hour Chart of BIRLASOFT LIMITED, we have witnessed a Formation of a “Hammer” on the downside. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 510.05, 516.60, and 530.10. Whereas, on the other hand, on the...
As per the 2 Hour Chart of QUESS, we have witnessed a Formation of “Hammer”. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 815.25, 821.90, and 830.75. Whereas, on the other hand, on the downside levels, the stock may face...
there are some rules if you wanna buy for btst remember this stock should close near 380 and should make an hammer in 1 day chart and then we can see a good momentum in dlf after is breaks 385 tomorrow. there can an fantastic rally on the up side and we can see that trend reversal in the upcoming sessions, keep in watch list and buy it near the days end near about 3:15,
A nice pin bar occurs at trendline which act as support and resistance.. Better it will move up..So go for Long option here...
As per the 2 Hour Chart of CENTURYPLY LIMITED, we have witnessed a Formation of “Hammer” on the chart. Therefore, we are expecting a bullish momentum in CENTURYPLY in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 610.10, 620.55, and 631.90. Whereas, on the other hand, on the downside levels, the...
As per the 2 Hour Chart of MAHINDRA & MAHINDRA, we have witnessed the Formations of “Hammer” as well as “Bullish Harami” on the chart. Therefore, we are expecting a bullish momentum in M_M in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 838.20, 842.95, and 850. Whereas, on the other hand, on the...
AMARAJABAT although one of the leading battery company and a big boost for EV industry is downtrending for long time, it is now its 52 weeks low and is expected to bounce back. however the good news and bad news is hammer is formed and last day candle is bearish engulfing, that could means either the price will move at full speed or it will move to the bottom...
Price Action : Hammer Time Frame - Weekly Bullish Hammer at the Bottom indicates Reversal. So Bearish trend have strong chance to reverse. Buy above Hammer provides good risk reward ratio
HDFCBANK | Reversal from Trendline + 200 EMA support - Looks potential for 15% plus CMP : 1525 (Dip : 1480) SL : 1390 Target : 1730 Almost 1:3 risk reward setup The advantage with TCS, HDFCBANK, RELIANCE kind of stocks is they move genuinely Some bad trades are allowed, we won't go broke by holding Can allocate little above our usual allocation. These...
1. Reversal bullish hammer candle 2. Taken 50 EMA support. 3. Touched 0.5 fibo(didn't break) 4. RSI above 50