Symmetrical patterns, like the symmetrical triangle, show a period of consolidation that could break out in either direction. The market's waiting for news, or it's figuring out its next move. What stock, commodity, or asset are you watching right now
W PATTERN The W pattern, or double bottom, is another bullish reversal signal. When you spot it, it often indicates that a downtrend has found strong support and is ready to reverse upward. The two troughs of the "W" shape are key areas of support. Are you anticipating a specific stock or asset to break out of this pattern?
BIG MOVE IN UPCOMING DAYS Consolidation is a phase where the price moves within a specific range, often signaling that the market is taking a breather before the next big move. It’s like a calm before the storm. Are you watching for a breakout?
Ah, the world of technical analysis. A falling wedge often signifies a bullish reversal, usually forming after an extended downtrend. When you spot this pattern, it might suggest a potential breakout to the upside. Pretty neat, huh? What got you into chart patterns?
#VISHWARAJ *BREAKOUT and retest in VISHWARAJ SUGARS IND LTD. *on weekly time frame *volume is increasing *FIIS has increased their holding by 13% compared to last quarter
#RELIANCE ready for a new high. Currently taking support of Demand Zone. CMP -2744 TARGET - 2970 - 3050 3100 3150 + — — SL 2700
#ASHOKLEY Ready for new High! Logic explained in the chart. CMP 227 Target 1 - 242 Target 2 - 251 Target 3 - 257 Target 4 - 267+
WINTER COLD PICKS #PGIL, READY TO BLAST!! ENTRY 1000 (15min Closing) SL 965 (Hourly Closing) TARGET: 1065 TYPE: " SHORT-TERM " REASON:- #PGIL after a FANTASTIC RALLY is now forming a ROUNDING BOTTOM which is EXTREMELY POSTIVE for stock !! We are expecting a CLASSIC BREAKOUT and a GREAT UPWARD MOMENTUM
#PAVNAIND Timeframe : 1 HR ALL TIME HIGH Pattern: RESISTANCE BREAK OUT Good looking above : 670-675 For the TARGET: 730/ 810/ 900+ $ Support at: 600
Hindalco has formed an inverted head and shoulders pattern, followed by a successful retest of key levels, which provides a strong trading opportunity. This setup offers a clear edge for traders, as it suggests a potential trend reversal and a favorable risk-reward ratio.
Usha Martin's technical chart has been showing strong bullish signals. A confluence of three powerful patterns breakouts; Horizontal channel breakout, Inverted head and shoulder breakout, and Symmetrical triangle breakout with high volume, suggests a strong potential for an upward move. Let's have a closer look at this stock next week for potential...
Fundamentals may be a concern, but the technical picture tells a different story. Check out this chart.
Banknifty Major retracement shows the near term targets around 49800 to 50000 Zone which will take a Pause in Fall or seems a Bounce Back Zone OR may be a Reversal Zone. it depends on the Next move after breach into this zone. But now it shows These are the Major zone for now..!
Date : 11-10-2024 ------------------------------------- Bottom Pick (PICK RESEARCH TO OBSERVE) PNB Looks Good Above 107 SL 100 Target 109, 111, 114, 120, 127, 135++ Hold Period : Few Weeks to Months Reason for Pick : Bottom Pick, Volume built-up Please consult your financial advisor before investing All research for educational purposes only.
- Round Base Consolidation in Weekly Timeframe. - Once Breakout sustains, can go a long way. - Large Cap stock. High P/E (80), Low ROE (12.2%) For educational purposes only. Not a buy/sell recomendation.
Date : 11-10-2024 ------------------------------------- Breakout Ready(PICK RESEARCH TO OBSERVE) BEPL Looks Good Above 175 SL 120 Target 219, 261, 340, 400++ Hold Period : Few Weeks to Months Reason for Pick : Breakout, Above 20, 50, 200 SMA Please consult your financial advisor before investing All research for educational purposes only.
NSE:ANANDRATHI is about to breakout Major Resistance after a good consolidation of over 8 Months. Today it Posted its Q2 FY 24-25 Results which were astonishing. It is an AMFI-registered mutual fund distributor and is one of the leading non-bank wealth solutions firms in India, being ranked amongst the top three non-bank mutual fund distributors in the country....
SL day candle close only, Target Trigger Price All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions