Friends i have made an efforts in Putting up the way i see as Developing Pattern based on the Method of wave theory if you have Questions or suggestions please comment This is educational content Thanks
Characteristics of a Rounding Bottom: Shape: The pattern looks like a “U” or a bowl, indicating a slow and steady shift from a downtrend to an uptrend. Volume: Volume typically decreases as the price declines and forms the bottom, then increases as the price starts to rise. Duration: This pattern can take several weeks to several months to form, making it more...
Date 28.09.2024 SASKEN Timeframe : Weekly Remarks : 1 Formed rounding cup pattern previously & followed by M pattern structural breakout. 2 Based on negative divergence the breakout didn't sustained & retraced back to neckline of rounding cup. 3 Currently, having support of 60 Weekly ema & 38.2% of Fibonacci. 4 Todays there's huge fire broke out at Tata...
Date 28.09.2024 Bank Nifty : Spot/Cash Timeframe : 2 Hrs Note* All important comments, trendline, patterns & areas are mentioned in the chart itself. Kindly go through peacefully. Target : Wave 4 Scope of correction : 700-1100 points Condition : * If breaks neckline Regards, Ankur
* Chambal Fertilizers Ltd is a part of the agrochemical sector, primarily engaged in the production and distribution of fertilizers. It is a significant player in the Indian agricultural market, providing various types of fertilizers like Urea and other crop nutrients to support the farming community. *The chart shows a consolidation pattern forming a rectangle...
Nifty is ready to fly keep watch on monday This is only for education purpose
A flag and pole breakout is a popular chart pattern in technical analysis, often used to identify potential continuation of a trend. Here’s a breakdown of the pattern: Components of the Flag and Pole Pattern: The Pole: This is the initial sharp move in price, either up or down, which forms the “pole” of the pattern. The Flag: Following the pole, the price...
Strong buying from Fii and Dii Ready to break previous swing with volume.
Good chart structure Stock at all time high ALL PSUs have performed well this week Target 500 Stop loss 415 I am just representing my views For educational purpose only.
Trying to break above all clustered moving averages Target 280 New Fundraise and Tie up with SJVN Taking good long term support
Strong buying in stock from bottom and trying to give brake out. goog RR
Stock at all time high In previous week stock formed a DOJI and this week a breakout is to be seen Target 2200 Stop loss 1830 I am just representing my views For educational purpose only.
Breakout in Supreme Petrochemicals. Do your research before taking trade.
The flag and pole pattern is a continuation pattern that indicates a strong trend in the market. Here’s a detailed look at how it works: Flag and Pole Pattern Pole: This is the initial sharp price movement in the direction of the trend, either upward (bullish) or downward (bearish). Flag: Following the pole, the price consolidates in a small, rectangular or...
#SRHHYPOLTD Time Frame :- Weekly Pattern:- Triangle Breakout Volume:- High View:- Bullish For Medium Term
"Welcome to SkyTradingZone " Hello Everyone 👋 For Tesla Inc. (TSLA) on a daily timeframe, here are the key support and resistance levels: Support Levels: First Support (S1): Around $220.67 Second Support (S2): Around $221.98 Resistance Levels: First Resistance (R1): Around $265.90 Second Resistance (R2): Around $239.30
#VINATIORGA Stock has given a strong breakout in daily TF.RSI has also broken trendline and trading above.Can do good in coming days.Keep on Radar. Disclaimer:-All views are my personal and only for educational purpose. #StockMarketindia #LetsLearnTogether
#POLYCAB Stock has given strong breakout in daily and weekly TF breaking the resistance. Strong reversal candle in monthly TF. Can do good in coming days. Disclaimer:-All views are my personal and only for educational purpose. #StockMarketindia #LetsLearnTogether