Nifty provides good buy opportunity with stop 8400 cash closing basis. 8600/8800 possible
SUNPHARMA Formed bullish classic pattern in 30min chart its show sunpharma will up soon and blasttt till 772-791+++++ support at 740-730
What to do, we got 35 minutes till Nifty opens, I mean the Market opens. So I was little bored, thats why posting on stocks. I'm not in favour of upside breakout in SBI, it may be false breakout just to complete the right shoulder in better way but anything can happen. Won't it be lovely, if SBI breaksdown below the lower trendline ?? Yes, I'm expecting that move...
NCC has made beautiful Head and shoulder pattern and touching from below. it is at the 78.6 fib level from the current swing. Entry at this level with small Stop Loss and target around 80 is giving risk to reward ratio. Good Luck
It is been observed that the price action forming a Head and Shoulder pattern on the upside, indicating further bearishness in the price action. It is also important to note that the price action changes from making Higher Low and Higher High to making lower highs and Lower Lows, again signalling bearishness. Good time to short. Target: 338 Stoploss: 355
It is been observed that the price action is trending up in a channel formation on daily chart. It is also to note that there is a short term formation of Inverted Head N Shoulder Pattern which is about to break above the neckline of 50 level that will take prices further up to 52 levels and then we could see a retracement back to neckline and then a further...
This was the first question came to My mind when I saw Inverted Head & shoulder pattern in Nifty, after yesterday's Head & shoulder pattern. How come chart appears as if its inverted ?? Probably, hangover ? Anyway, I'm expecting the game for the day will be between Resistance & support zones and breakout of any zone will determine direction for 2 to 3 days...
So today in Nifty 15 mins we can expect the breakout of head and shoulders pattern and a move downside. Why we are expecting downside breakout ? Well, then only My last two days post will be right prediction :) We have same amount of chances to take support on trendline and move up. So watch Nifty carefully, won't you love it if the breakout happens & get a ride...
My first ever published idea, need to wait for a TL break and a candle close below the TL, for a minimum price object of 1226
Head Ans Shoulder Patter and Ema 200 Ema 50 Ema 20 Price Above Ema 200-50-20...Support To Upside Trade Only Close Above Neckline My Side Target 1327.27 Sl 1306.06.... Remember In Prayer
As per daily chart, the price action is breaking out from the cruical support of 1325, it shall now reach to the next support levels of 1300. It is also been observed that it is forming a head and shoulder pattern indication further bearishness in the price action. It is good to short at current levels taking stoploss at 1330 and target 1300
Neckline of this head n shoulders pattern is about to get breached and SBI is just hinging on slight support zone around there. We don't know how the markets gonna open today & Nifty also plays a part in opening,so it may be repelled up or can breakdown.We will enter this trade setup only if SBI has valid bearish close below 254 and when the price pierces into the...
This head & shoulders pattern is yet to complete and moving towards the neckline, wait for valid breakout at neckline before initiating short positions. This may or may not be intraday, can get extended for another day, so be sure about what position you are gonna take. Neckline has back to back supports, so be planned & prepared with whats your risk before...