Nazara Technologies Ltd.
It appears that the price has completed a phase of "accumulation" at the bottom of a major downtrend, and the recent breakthrough of the resistance level suggests a potential reversal to a new uptrend.
To identify this pattern, traders often look for a Head and Shoulders Bottom formation, which involves three consecutive price declines...
The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation.
Conclusion:
Downtrend looks minimal before reaching possibility zone.
Note for everyone who came across this study:
This chart is only for educational purpose.
This is not buying or selling recommendations.
I...
On Daily Chart two patterns has been noticed recently in CANFIN HOMES: Continuation Diamond (Bullish) and Flag (Bullish)
Continuation Diamond (Bullish) - explanation
The script canfinhome previously experienced a period of consolidation where the price moved within a specific range. However, the price has now broken out of this range in an upward direction,...
Symmentrical Triangle Formation in Bank Baroda(Daily TImeframe)
Disclaimer = All my analysis is for Educational Purpose only. Before entering into any trade 1) Educate Yourself 2)Do your own research and analysis 3)Define your Risk to Reward ratio 3)Don't trade with full capital
As per my Analysis Bank of Baroda Reached my 1st Target. Now price is retesting...
Based on recent activity of Tirumalchm, it appears that the price has hit the bottom and is displaying indications of a reversal. This is evident by the fact that the price has broken upward after a period of consolidation or uncertainty.
One potential pattern that can be observed is the Diamond Bottom pattern. This pattern typically occurs during a downtrend,...
Double Bottom pattern is formed in Welent. A bullish reversal pattern that is formed when the price reaches two distinct lows, or bottoms, at approximately the same price level. This is usually a sign that the selling pressure has been exhausted, and buyers are starting to take control.
The volume tends to decrease as the pattern forms, which is an indication...
Kitex Garments Ltd.
The price seems to have reached a bottom after failing to break through a support level and ultimately rising higher in a sign of reversal to a new uptrend.
The Double Bottom pattern has formed during a downtrend as the price reaches two distinct lows at roughly the same price level. Finally the price breaks upward above the highest high to...
When we talk about market trends, we use the term "momentum" to refer to the speed at which prices are changing. If a market is experiencing a bullish event, that means that prices are rising and we can see that there is an upward momentum in GMM Pfaudler Ltd.
Momentum is important because it helps us gauge the strength of price trends.
The chart is for...
The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation.
Diamond pattern has been witnessed in the stock GAEL. The Diamond pattern begins during a downtrend as prices create higher highs and lower lows in a broadening pattern. Then the trading range gradually narrows after the...
NSE:AUROPHARMA has quite a few interesting setup traits:
In the volume profile one can see the two PoC (Point of Control) - one during downtrend - another during uptrend - placed at 444 and 474 level.
The PoC at 474 is really interesting. Means the interest is at the sustained levels of price.
Absolute high volume
Uptick in Momentum (RSI).
Price...
