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Reversal

Last opportunity for Nifty reversalNifty is in the Golden Fib zone. If any expiry day reversal this will be good time Conditions : Nifty should form a low here in and around golden zone It should give closing above 16945. After that If it give a pull back then we can enter with day low as SL No trade if the conditions not met. If all conditions are met Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL. *Exit remaining with trailing Stop loss. *SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY. *NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES. I will be updating
NSE:NIFTYLong
by Mo-Kri
Zydus LifeSciences revesal - hammer and RSI Bullish DIvergenceZydus Livesciences Time Frame: Weekly Name of Pattern: Hammer View: Potential reversal What is a Hammer Candlestick? The hammer candlestick is found at the bottom of a downtrend and signals a potential (bullish) reversal in the market.The most common hammer candle is the bullish hammer which has a small candle body and an extended lower wick – showing rejection of lower prices. The pattern indicates that the price dropped to new lows, but subsequent buying pressure forced the price to close higher, hinting at a potential reversal. The extended lower wick is indicative of the rejection of lower prices. Current Market Price (20 May 2022) = 356.85 Name of Pattern: Hammer Breakout (344.60) Technical analysis: 1. In weekly Time Frame at the bottom Hammer breakout confirmed at 344.60 in Weekly timeframe. 2. Trendline Brakout due aroun 360 -362 3. Stock is in range of 330-375 from last 12 weeks indicates accumulation between this levels. 4. RSI indicator: RSI BULLISH DIVERGENCE. This indicates potential reversal is due in zyduslifesciences at 362-362. Possible entry : > = 360 -362 Stop loss : 346 Note : Same reentry in case of retracement. Swing and long term Targets: 375-440-499-540 - 600 - 664 - 700
NSE:ZYDUSLIFELong
by FalgunPrajapatiTrading
STAR | TREND REVERSAL TRADEPOINTS TO NOTE BEFORE INITIATING LONG: ------------------------------------------------------------------------------ 1. Star Pharma has been in a continuous downtrend for more than 6 months forming Lower Highs & lows. 2. A breakout of the downward channel occurred on the 24th of June with record volumes seen of the last 6 months. 3. Now a shift to an upward channel is seen with HH, HL, indicating reversal. 4. Trade is based on a minor Trendline breakout in uptrend. The trade is as follows: - Entry above 357.5 - SL 339.45 - Targets of 383, 402
NSE:STARLong
by Divergent_trader
NIFTY FOR UPCOMING WEEK 29 AUG TO 02 SEP 2022.Hello everyone this chart technically measured and filtered by team INFINITYIV. Due to high volatility and uncertainty in market it is important for us to provide you both side level. It always helps when market turned opposite. FOR OUR ACCURACY CHECK YOU CAN MATCH LEVEL AFTER EXPIRY OR GO THROUGH WITH REST UPLOADED CHARTS. Where capital involves chart should be more accurate, reliable and easy to understand. LEVELS FOR WEEK:- Resistance*:- ⬆️ 17612 ⬆️ 17863 ⬆️ 18002 Supports*:- ⬇️ 17540 ⬇️ 17324 ⬇️ 16930 (* there is a chance to level mismatch by 0.01% of NIFTY) KEY STRENGTH:- 1. FALLING PRICES OF GOLD 2. FALLING CRUDE OIL PRICES. 3. Weekly PCR. 4. RELIANCE Bullish 5. NIFTY HEAVY WEIGHT STOCK POSITIVE. KEY WEAKNESS:- 1. DOW CRASHED. 2. World market negative. 3. Crypto currency’s too. 4. Most of stock is in over brought zone. 5. USD POSITIVE. 6. Falling VIX. CHART PATTERN AND INDICATORS. 1. NIFTY formed sideways after a rally. 2. Trend line supports seen on weekly time frame. 3. No major chart pattern seen. 4. All indicators turned negative. HOW TO TRADE WITH CHART:- 1. Let break any side level mentioned on chart chart. 2. Let sustain 2, 15 minutes candle above or below. 3. Good to go for next level. 4. Some time profit will be less but it will be profitable. 5. IN OUR VIEW PLEASE AVOID FIRST SESSION OF FIRST DAY TRADING AND GO LONG THEREAFTER. NOTE:- 1. We are not SEBI registered but our chart accuracy can be trusted. 2. If you agreed with, please contact SEBI registered advisor b4 any position. 3. If chart helps you please hit like your one milliseconds effort makes us happy. 4. Share this to your friends it will help to lose their hard earned money. GREETINGS:- Happy trading and have profitable week.
NSE:NIFTYLong
by INFINITYIV
12
Multiple Reversal patterns in Nifty IT !!!As visible on charts CNXIT has given a breakout from multiple reversal patterns which are Island Reversal, Double Bottom, Inverse Head & Shoulder. CNXIT has formed double bottom around 26450 along with RSI divergence and finally given its breakout at 28600. The index fell with a gap and also reversed with a gap hence, leaving behind an island and showing an island reversal pattern. Along, with above two patterns, inverse head & shoulder are also visible which further conforms to a reversal in the IT sector.
NSE:CNXITLong
by Chaser30
10
Nifty 50 1.global sentiment weekly positive 2. war was not end I was Not clear about nifty for this week (Chart shows a breakout ) (small Up Trend ) 1.IF Tomorrow gap up 5 min or 15 min candle if break the resistance 15720 .. if we can see the price action for buying side and exit at the target price 2.If Open in flat wait for the trend up side or downside Or it may have side ways then take the trade 3.if gap down cross wait For close the 5 min or 15 min candle. see the price action then crossed 15533 buy and wait for the target Weekly high and low should be mark when 1st time hit resistance and halt for 1 day or 4 to 5 hour may change the trend .. Monday may gap up it may have chance to up side Possibility my have on up side (up to previous week swing high) Note . this just prediction. market can happen anything
NSE:NIFTY
by tarunkumar1996
BankNifty weekly1.global sentiment weekly positive 2. war was not end possible for gap up check the price action in charts buy are sell in 15 min time frame (Chart shows a breakout ) (small Up Trend ) 1.IF Tomorrow gap up 5 min or 15 min candle if break the resistance 33776 .. if we can see the price action for buying side and exit at the target price 34339 2.If Open in flat wait for the trend up side or downside Or it may have side ways then take the trade 3.if gap down cross wait For close the 5 min or 15 min candle the crossed 33389 buy and wait for the target Weekly high and low should be mark when 1st time hit resistance and halt for 1 day or 4 to 5 hour may change the trend .. Monday may gap up it may have chance to up side Possibility my have on up side (up to previous week swing high) Note . this just prediction. market can happen anything I Don't Know how to insert in pic in the text documents Can any one suggest me
NSE:BANKNIFTY
by tarunkumar1996
TATA MOTORS DVR - Long term Bullish1. Bull Flag Pattern formed... 2. Long-term Bullish trend 3. When it breaches the resistance will go upward direction... waiting for the market correction. Note: 1. I’m not a SEBI Registered advisor, my views are personal and for educational purposes only. 2. Always check with your financial advisor and take the trade as per your risk/reward ratio. 3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
TLong
by ravi15684