BANK NIFTY 35610 dated 16.3.2022 11.20 am Live Chart BUY above 35650 SELL below 35500 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action, The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view,...
share name : dwarikesh sugar reason of buy : - Share is consolidation on their resistance area of 2017 price is 80 which is a good sign - Now, It is forming a pennant and we can see a clear breakout on charts - In upcoming days we can see targets of 120 with stop loss 60 Thanks
Need to cautiously wait and watch for further price action. Any break down and break out from the pattern will lead to one way trend. It had already given fake break out and break down as shown in the chart. Patiently waiting is the key to trade in this stock.
KotakBank is forming a pennant pattern and it is about to give breakout. Traders add it to the watchlist.
HindPetro is forming pennant pattern and aslo it is taking support at 200 EMA.
Adaniports is currently forming a Bullish flag pattern similar to Nifty in 15m Timeframe can look for buying opportunity after a breakout and 747 level can act as a good resistance zone & on the contrary if there is a breakdown look for selling opportunity.
Nifty is currently forming a Bullish pennant or flag pattern in 15m timeframe, look for Entry opportunity only after a breakout or breakdown of the trendline. #TWE
Nifty after a strong rally is consolidating and forming a flag pattern and also currently trading at 61.8 Fibonacci (Golden Ratio) Area.
AUDJPY Showing Symmetrical triangle in the 1-day timeframe, high possibility of a breakout.
to be honest , market is no longer in bullish sentiment so it is good to take small put position on last stand sector.. "THE GREAT IT-SECTOR",immediate targets are 1667,1650, and if bears are really hungry then 1585 is not so far, because no big houses will buy infy in 1600-1800 range and retailers and some small operators cant hold this BEAST on this...
BSE is making pennant formation on weekly chart. though it has given good run up in past few months. however with time correction it still seems to have some steam to take it further in next few months.
NSE:SBIN #SBIN All levels marked on chart, Got rejection from resistance and trading @ Support now.
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Levels are explained in charts with Entry, Target & Stop Loss. Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ABB India Cmp 2335 dated 5-2-2022 1. Consolidating In a Parallel Channel 2. Pennant Pattern. Buy above 2370 Tgt 2450-2600 SL 2270 Sell Below 2270 Tgt of 2225-2175-2100 SL 2335 It is just a view, pls trade at your own risk.
This is best example of bearish pennat trade. if you want to learn chart pattern please comment.
NSE:TATACOFFEE 8 Month Consolidation in Triangle Pattern after Multi-Year Breakout in June 2021 Support Retested twice on long term trend line During Consolidation Price Increase but RSI Decrease >> Sign of decreasing Volatility and Accumulation Monthly & Weekly RSI > 55 and increasing Positional Buy Above 250 (Fibonacci Resistance) Target : 294 - 321 -...
Levels are explained in charts with Entry, Target & Stop Loss. Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.