JKPAPER Technical analysis pattern known as the "Head and Shoulders Bottom," also referred to as an "Inverse Head and Shoulders" pattern has been formed on daily chart of JKPAPER. This pattern is often considered a bullish reversal pattern, indicating a potential change in trend from a downtrend to an uptrend. Here's a breakdown of the pattern: ...
Stock has formed a bullish candle on Weekly time frame as stock breaks from an ascending pattern. Levels to watch R1: 362 R2: 387.5 R3: 411 S1: 287.75
Daily chart analysis of Vijaya Diagnostic Cen Ltd. tells me that the price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty/consolidation. Note for everyone who came across this reference: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I...
Daily chart analysis of Maruti Infrastructure Ltd. showing price has formed bullish flag pattern as a bullish signal, suggesting that the price is likely to resume its upward movement after the consolidation phase. This may be use as opportunity to enter long positions or add to existing positions in anticipation of higher prices. Note for everyone who came...
NSE:AFFLE is in making of Triple Bottom. One can take long trade only after breaking of Neckline.
NSE:BALAMINES has completed Double Top pattern. After the break of neckline, the Target will be the height of the top to neckline. Can we see the breakout or failure in pattern?
Breaking up after consolidating @ 67-72 range ;Trade can be taken @ 75-77 Range with Immediate target 90, SL below the triangle at 65 makes this a good Risk reward setup for Swing.
NSE:ASIANPAINT BUY NOW (i,e: 18/05/2021) its a brake out pattern Target of 3109
The chart is creating Pennant pattern but not completed yet. Buy if the price crosses the resistance line and closes above it with that it should create a new candle above the resistance line then buy it. Expecting Target of 250, 275, 290. I'm not giving you a specific entry so that u have to check the chart daily. Finally as always apply a bit of your studies...
If tomorrow's market(i,e: 18/05/2021) opens above the support line then Buy. It previously created a rising wedge but failed to complete the pattern and now it has created a price channel it may work. Targets are as shown in the image.
If the price crosses the Resistance line and closes there, and it should create a new candle above the resistance line then Buy.(I,e : Buy above 120) Expecting Target of 128, 137, 145 Don't forget to apply your own studies before buying.
SBIN : has perfectly reversed double bottom neckline and pullback to the breakout level giving strong signal of bullish trade
(Swing / Positional Trade) | RR 1:2+ | Type:- Breakout & Retest Reasons To Trade 🤔 :- Pattern Breakout, Taking Good Support At 50 DMA, Bullish Stock. Entry :- 1360 Stop Loss :- 1322 Target :- 1450 (Risk Must Be Managed.) Keep Your Eyes On Index 😜Follow For More ✔ Give Me A Thumbs Up...👍 --Any Suggestions--