Black Friday saleUp to 70% OFF

Multiple Time Frame Analysis

Multi-Year and Cup Pattern with Weekly Retest and Daily Trendlin- **Multi-Year Breakout and Cup Pattern (Weekly):** - The stock experienced a significant breakout covering multiple years on the weekly chart. - Additionally, a cup pattern breakout occurred, indicating a potential bullish reversal. - **Volume Confirmation:** - Both breakouts were accompanied by substantial trading volumes. - This suggests strong market participation and validates the significance of the price movements. - **Retest of Weekly Breakout Levels:** - The stock revisited the breakout levels on the weekly chart. - This retest is a crucial step in confirming the strength of the breakout. - **Short-Term Trendline Break (Daily):** - On the daily chart, the stock broke a short-term trendline. - This signals a potential shift in the short-term trajectory, aligning with the broader bullish context. - **Conclusion:** - The confluence of a multi-year breakout, cup pattern on the weekly chart, and a daily trendline break, supported by strong volumes, paints a favorable picture for potential bullish opportunities.
NSE:BHELLong
by nsdtrading
GEOJITFSL : Breakout Stock#GEOJITFSL #breakout #swingtrade #momentumtrade GEOJITFSL : Swing trade > Breakout with huge Volume > Momentum stock > Good Strength in stock > Overall Positive structure in D/W charts Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:GEOJITFSLLong
by moneyfesttrading
NIFTY to remain sideways till either of the zone is brokenAs we can see NIFTY showed unidirectional fall after getting rejected from the neckline of the head and shoulders pattern. Now we can say that NIFTY is yet to remain sideways to negative in common trading sessions despite its short term up move as space is left for NIFTY to fill hence till either if the zone is broken and sustained, we can expect NIFTY to remain sideways in coming trading sessions so plan your trades accordingly.
NSE:NIFTY
by Wealthcam
Exact REVERSAL from our zoneAs we can see despite strong opening of NIFTY, it failed to sustain itself above the zone and fell unidirectionally as it was the neckline of the head and shoulders pattern which we analysed in our previous post. We also expected it to break if tested but it fell without taking any time, hence in coming trading sessions if NIFTY regains 19200 levels and consolidates around that levels, we may expect a strong up move in coming trading sessions so plan your trades accordingly.
NSE:NIFTY
by Wealthcam
Exact REVERSAL from our given level... where is it heading next?As we can see NIFTY has REVERSED exactly from our given levels of 18870, now that NIFTY has shown more than a percent move in a single day, we can expect NIFTY to continue the further RECOVERY till 19200 which acted as a NECKLINE for HEAD and SHOULDERS pattern and fill the gap. On the other hand, we can expect NIFTY to further fall keeping note of weakening of GLOBAL INDICIES and ONGOING tensions affecting INDIAN INDEX and we can see NIFTY further reaching 18600 levels so plan your trades accordingly.
NSE:NIFTY
by Wealthcam