Double Top in Zydus Wellness.Zydus wellness has currently formed a double top pattern on weekly charts.
A valid breakout above the top will lead to further uptrend and one may witness levels of app 2300, 2600 , 3000
Trade as per price action.
Priceactiontrading
DELTA CORP ON WEEKLY TFWATCH FOR THE BREAK TO HAPPEN AND THEN TRY TO PLACE THE TRADE ACCORDING TO THE TREND.
THIS IS JUST FOR EDUCATIONAL PURPOSE. IF YOU WANT TO TRADE THEN IT'S YOUR OWN CHOICE. I AM JUST SHARING MY ANALYSIS.
IF ANY SUGGESTIONS PLEASE LET ME KNOW IN THE COMMENT BOX.
Bank Nifty at a Crucial JunctureBank Nifty on the daily charts has broken pitchfork resistance but pushed back by daily resistance.
A Valid Breakout above the daily resistance will lead to further uptrend.
Trade as per price action.
Hdfc Life:- Price action suggesting buyPrice action lovers must be watching it like a hawk but we have lot of things to understand. Let's try to understand few...
1. Price action is showing that it has stopped making new lows.
2. Made a W Pattern already(We just need to wait for the neck line break).
3. Taking support at 200 EMA with gap also acting as support.
4. Volumes ? dont forget to look at the towers marked in circle.
1 Question for everyone who generated those volumes? You? Me? someone big?
6. Trendline break with confirmation is necessary.
Levels will be plotted on chart.
Keep an eye folks. Cheers and Happy Trading.
LIBERTY SHOES ON DAILY TF.LIBERTY SHOES POSITIONAL TRADE OPPORTUNITY.
ASCENDING TRIANGLE FORMATION.
This is just for educational purposes. It's your choice to trade or not.
If any suggestions please let me know in the comment box.
Nifty Daily Chart AnalysisNifty is about to hit its lifetime high.. with a parabolic momentum in the last few sessions.
MRF | Buy Alert !Symmetrical triangle formation , If breakdown then ignore
Big volume , RSI is already uptrend
Wait for the perfect breakout and retracement
Target is based on the resistance
LOT SIZE = 10
pure Price Action Analysis
FOLLOW FOLLOW FOLLOW
LIKE LIKE LIKE
COMMENT COMMENT COMMENT
Hul- Ready for a rise?I tried mentioning everything already on Chart.
Hope it Helps in understanding.
Important levels to watchout for :-
Entry:- 2201
Sl:- Previous swing low (For this i will keep 2120)
Target 1- 2270
Target 2- 2340
All the levels provided are only for educational purposes.
Trade with caution and trade with your own risk.
MAHINDRA & MAHINDRA ON DAILY TIMEFRAMENSE:M_M
WE CAN SEE AN DESCENDING TRIANGLE PATTERN ON DAILY TIMEFRAME.
IT SUGGEST THAT THE STOCK MIGHT MOVE DOWNWARDS.
SO THERE CAN BE AN SHORTING OPPORTUNITY SOON.
NOTE - THIS IS JUST FOR EDUCATIONAL PURPOSE.
IF ANY SUGGESTIONS PLEASE LET ME KNOW IN THE COMMENT BOX.
APOLLO TYRE ON DAILY TIMEFRAME.NSE:APOLLOTYRE
APOLLO TYRE MIGHT SOON BREAK THE 150 LEVELS AND WE CAN ALSO SEE AN ASCENDING TRIANGLE FORMATION ON DAILY TIMEFRAME.
WHICH SUGGEST A MOVE UPWARDS.
NOTE-THIS IS JUST FOR EDUCATIONAL PURPOSE.
IF ANY SUGGESTIONS PLEASE LET ME KNOW IN THE COMMENT BOX.
INDUSIND BANK ON DAILY TIMEFRAME.AN ASCENDING TRIANGLE PATTERN CAN BE SEEN ON DAILY TIMEFRAME.
THERE IS ALSO SUPPORT ON FIBO-RETRACEMENT.
THERE CAN BE A BUYING OPPORTUNITY.
NOTE - THIS IS JUST FOR EDUCATIONAL PURPOSE. NSE:INDUSINDBK
IF ANY SUGGESTIONS PLEASE LET ME KNOW IN THE COMMENT BOX.
BANK NIFTY INDEX FUTURES ON 15 MIN TIMEFRAMERISING WEDGE CAN BE SEEN ON 15 MIN TIMEFRAME.
THERE MIGHT BE AN SHORT OPPORTUNITY.
THIS IS JUST FOR EDUCATIONAL PURPOSE.
IF ANY SUGGESTIONS PLEASE LET ME KNOW IN THE COMMENT BOX.
NSE:BANKNIFTYV2020
DMART ON DAILY TIMEFRAME.DMART TAKING SUPPORT ON TRENDLINE MIGHT BE BULLISH OR CONSOLIDATE ON MONDAY.
THIS IS JUST FOR EDUCATIONAL PURPOSE.
IF ANY SUGGESTIONS PLEASE LET ME KNOW IN THE COMMENT BOX.
RELIANCE ON DAILY TIMEFRAME.RELIANCE MIGHT GO UP ON MONDAY ON MIGHT AGIAN TEST THE SUPPORT LEVELS.
THIS IS JUST FOR EDUCATIONAL PURPOSE.
IF ANY SUGGESTIONS PLEASE LET ME KNOW IN THE COMMENT BOX.
BANK NIFTY ON DAILY TIMEFRAME.BANK NIFTY ANALYSIS
1. TRIANGLE CHANNEL PATTERN.
2. 0.236 FIBO LEVEL SUPPORT.
3. IT'S NEAR THE SUPPORT ZONE ALREADY.
THIS IS JUST FOR EDUCATIONAL PURPOSE.
IF ANY SUGGESTION PLEASE LET ME KNOW IN THE COMMENT BOX.
BERGER PAINT Berger paint has been in a continuous uptrend for some time
1- It has been respecting the trend line, taking support on trendline o 3 hours time Frame
2- If break the recent resistance which is around 590 -600 level, if it breaks then it will be direct to 622 as per my study
3- below the level of 580 avoid the stock
If you like my study do not forget to subscribe and like and leave me a comment if you any question or doubts on the same
Thank you
APOLLO TYRE ON DAILY TIMEFRAME.SHORT OPPORTUNITY CAN BE SEEN NEAR RESISTANCE IF THE THE STOCK DOESN'T GIVE A BREAKOUT
IF ANY MISTAKE PLEASE LET ME KNOW IN THE COMMENT BOX.
THANK YOU.
TATA MOTORS SUPPORT AGAIN TESTED AND THEN IT WENT UP.TATA MOTORS HAS GOOD SUPPORT AND RESISTANCE LEVELS PLAN ACCORDINGLY.
IF ANY MISTAKE PLEASE LET ME KNOW IN COMMENT BOX.
THANK YOU.
VEDANTA (VEDL) on Daily Timeframe.VEDANTA LTD MIGHT ALSO SOON GIVE A BREAKOUT. IT IS CREATING PATTERN SIMILAR TO ASCENDING TRIANGLE PATTERN AND MIGHT GIVE BREAKOUT ABOVE RESISTANCE
IF ANY MISTAKE PLEASE LET ME KNOW IN COMMENT BOX. THANK YOU.
