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Reversal

Head & Shoulder - Trend ReversalHii All... Greetings.... Today I'm sharing with you Daily Charts of Nifty Pvt. Bank, we can see a very clear Head & Shoulder Pattern which has already Formed. Head & Shoulder Pattern is Trend Reversal pattern. I'm currently having bearish view in Nifty Pvt. banks. However on closing basis if upper resistance is breached. The we can consider Failure of Head & Shoulder Pattern. Thanking You Nikhil Choudhary Important Things 1. This is only for educational purposes only. 2. Never over trade. 3. Always keep Stop Loss. 4. Trade in limited quantity. 5. Taking a small loss is better than wiping up your whole capital. I hope you found this idea helpful. Please like and comment. Share with Your Friends. Keep Learning, Happy & Safe Trading Disclaimer – These ideas shared by me to all are my personal analysis / views. Im not a SEBI registered technical analysis.
NSE:NIFTYPVTBANKShort
by NikhilChoudhary2023
A stock for for high risk takersDhani is a stock which has crashed in the past few years and I am not a big fan of trading in such stocks. However, the stock is looking technically attractive for minimum target of 60 and above. Reason:-Trendlune breakout with higher high, higher low formation wit a positive RSI divergence Try to enter at around 35 with an SL below 26 DCB. This is an high risk high reward setup and kindly trade only if you are comfortable with my idea. This idea is shared for educational purposes only and is not a recommendation.
NSE:DHANILong
by chartistamey
NIFTY WILL SOON GO UPWARDS DUE TO THREE DRIVES PATTERNTECHNICAL ANALYSIS : THREE DRIVES HARMONIC PATTERN - Nifty has formed a strong descending harmonic pattern (Three Drives) which clearly indicates reversal happening very soon DOJI PATTERN - Nifty has also formed a nice doji pattern which indicates a reversal of the ongoing trend HAMMER PATTERN - Also a hammer pattern is formed which again indicates an upcoming reversal of the trend OSCILLATOR INDICATOR - It is also indicating overbought zone as average smoothing line has touched the 80 level, hence more momentum in the upwards direction
NSE:NIFTYLong
by peace_lover
MARINE ELECTRICALS-- What company do - The company provides solution in Low Voltage, Medium Voltage and Industrial Automation (Source -Finology) -- Time Frame - Daily -- Study - Volume analysis on seller circuit day and prediction of the next day Stock after announcing flat results had 2 seller circuit, in which retailers try to exit because before few days of result stock had a good rally. This chart is only for educational purpose. Do your own study before taking any trades
NSE:MARINELong
by be_you_akshay
Indigo can paint your portfolio green!Indigo paints had a bumper listing during its IPO with 100% premium over issue price. However, since its listing, it has been in a downtrend and has corrected to an attractive valuation. The stock has already broken the downtrend and is now looking strong for a new upmove. The targets and SL are given in the chart. One can enter at CMP if his/her outlook is of a longer horizon. Please note that idea is shared just for educational purposes!
NSE:INDIGOPNTSLong
by chartistamey
1
BSE Sensex Ending Diagonal CAUTION!Attached: Sensex Daily Chart as of 19th June 2023 The Ending Diagonal is more evident and clean in BSE Sensex rather than NSE Nifty 50 (although you can observe in Nifty as well), which is why I have chosen to share the Sensex Chart Observe: - A well defined trend line with multiple touch points - Presence of a Bearish RSI Divergence - Daily MACD already in Sell mode All that is needed is break of Today's Low and a Close below it (which would also give the Trend Line breakdown simultaneously) and then that would activate the Ending Diagonal/ Rising Wedge Breakdown The First Downside Target for this pattern would be point b which comes to 62380🎯📉
BSE:SENSEXShort
by T_Harth