Double top pattern complete: Balaji AminesNSE: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?
Patterntrading
1DTF parallel pattern with good volumeParallel pattern with good volume breakout.
Traders keep on your radar to catch the momentum.
All time high - lookout for breakout if it breaks resistance.1Week time frame, it's All time high and looks good if it breaks and forms a bull candle above the resistance.
Traders keep on your radar to catch the momentum.
Parallel channel - Looks good if it breaks the resistance.1 Day time frame, it's a parallel channel and looks good if it breaks and forms a bull candle above the resistance.
Traders keep on your radar to catch the momentum.
Looks good if it breaks the resistance.1Hour time frame, looks good if it breaks and forms a bull candle above the resistance.
Traders keep on your radar to catch the momentum.
5 Mid term trades and Index Ideas for 10 October marketsI daily make educational content videos on financial markets
Sun Pharma CUP AND HANDLE 1GREAT opportunity Sun pharma .
Lets wait for a confirmation ....
Before GOING long
Pattern in Formation :Radico KhaitanIn NSE:RADICO the Rounding bottom is in Formation. Long side can be taken after the breakout of neckline. The Price Objective for the same will be the Height of the rounding bottom to the neckline (If the pattern is completed). The stop loss for the same can be determined after the completion of pattern.
Will the pattern complete?
* It is my Analysis and not Buy or sell recommendation.
WIPRO 19SEP2022Wipro from past days taking the support of level 400 and jumps back to make a bull run but from the past days it makes the DESCENDING TRIANGLE PATTERN which is a bearish
pattern
SELL
SELLING below the level of 400 can lead it up to 380--350 level on the lower side.
BUY
Buying is gonna be risky from this point but taking support of level 400 can push it to the rejection trendline.
How to Find Pattern Targets correctlyHow to Find Pattern Targets correctly. Many people miss the basic points while calculating target from patterns as per text books. I have explained how to calculate targets and how i do it for myself.
Nifty expected movesIf cross above the trendline possible to reach 17900
Otherwise the support levels are given as green lines
btc the daily horrible analysis lower prices look very real hi guys
just a quick overlook on the daily btc chart from ath horrible sight to see three bear flags one after the other inside of a falling wedge since atheach time we broke previous flags we had near enough the same drop of around 45% we have broke out of our latest flag are we going to see another 45% drop in price to the 14k mark its possible given the conditions we are in or even are we going to see a double bottom form at 17k then bounce do i think the bottom is in i dunno it looks unlikley whilst weve been in our recent bear flag we have had a msb creating an order block just below bear flag we are in that ob now and testing the .38 trend fib from recent drop from previous flag 19k is critical for us i think over the next week im hoping we can bounce if we do bounce id think we will make are way back to the top resistance level of bear flag not all at once also an inverse elliot wave predicts this move too hopefully bulls come back and sort the job out
or are we just clutching at straws
thanks guys scopes
btc inverse head and shoulders so yesterday morning i marked this symetrical triangle out traded a long as it was forming the head (which i didnt know at that time) knowing that this triangle would break to the up well have a better chance to break to the up rather then the down woke up this morning its smashed through the triangle giving a 3% gain/rise retraced back down to make a hl and use the traingle upper level as support at the same time made an inverse head and shoulders so if we play out the way that these patterns normally play a long would be good to around the 21200k mark
thanks guys scopes
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2 Amazing Swing Trades and Index Ideas for 2 September Markets I daily make educational content videos on financial markets
Target 1 and 2 achieved in Colagte | 5.5% MoverThis idea is a follow-up to Colgate.
You can check the Link to Related Ideas ( Detailed analysis done in 22nd Aug Video )
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
Good Upward TrendEducational Purpose Only
Long after breaking the resistance trend lines for the given target. The stock has very good fundamentals and technical support for a good long term/swing return.
Volume increased, broke long term resistance line, following the trend.
The given levels will act as support and resistances for future swings. Set the target based on the LTP and the given levels.
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HDFC Life Insurance Strong Up move expected
1) Channel Pattern has formed since 2020 (Multiple resistances and supports)
2) Since Aug 2021 the stock has been consolidating and given B/O in daily time frame for past couple of days with pretty decent volume
3) It has also Breaked the 200 days moving average.
4) fundamentally the books are strong with huge cash flow and comparatively lesser debt than peers
can hold for medium to long term
(My view : expecting huge up move or slight retrace and then up move)
Disclaimer : Just for education Purpose.
Caution before get in to trading.
Thanks Happy Trading :)
Rounding Bottom PatternThe Rounding Bottom is a long-term reversal pattern that is best suited for weekly charts. It is also referred to as a saucer bottom, and represents a long consolidation period that turns from a bearish bias to a bullish bias.
1. Decline: The first portion of the rounding bottom is the decline that leads to the low of the pattern.
2. Low: The low of the rounding bottom can resemble a “V” or "U" bottom, but should not be too sharp and should take a few weeks to form.
3. Advance: The advance off of the lows forms the right half of the pattern and should take about the same amount of time as the prior decline.
4. Breakout: Bullish confirmation comes when the pattern breaks above the reaction high that marked the beginning of the decline at the start of the pattern. To trade this pattern look for the neckline that is marked on the chart. Once the price breaks through and a candle closes above the neckline, you can then enter the market with a buy order.
5. Volume: Volume levels are not too important on the decline, but there should be an increase in volume on the advance and preferably on the breakout.
6. Target: Add the height of the rounded bottom to the breakout point for an estimated upside target.
7. Stop Loss: The stop loss is placed below the neckline of the pattern.When the price trades below this point, there is less chance of this pattern’s functionality. It’s better to exit the market.
The rounded bottom are reversal patterns which identify the completion of the trend and indicate a possible reversal point on price chart. The rounded bottom signals that the existing downtrend is about to finish and the possibility of an uptrend to commence. It resembles a clear “U” image.
3 Good trades and Index Ideas for 8 August I daily make educational content videos on financial markets
3 Amazing swing ideas and index ideas for 1 AugI daily make educational content videos on Financial markets
Target 1 achieved in CoalIndia | 7.8% mover This idea is a follow-up to Coalindia
You can check the Link to Related Ideas ( Detailed analysis done on 18th July Video )
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
