NSE:NIFTY is near the trendline from the high made in October last year. Breakout point is around 17800 but it may turn out to be a false breakout, if that happens. RSI is high and when RSI breaks the trendline on closing basis, we might have a confirmed trend reversal which could last for sometime. Exiting longs above 17800 may be a good idea. Keep an eye!
#BajajConjumer CMP 164.7 abv 171 can see 195/215/235 SL 152 ROCE 26.1 % CWIP PY ₹ 25.2 Cr. High / Low ₹ 270 / 129 #Stocks #Reversal
Iam on buy USD CHF Major reversal pattern trendline broken retested multiple times an fib respected from last significant low to the high 0.95260 to targeting 0.96500 . thanks..
Evening Star pattern has been formed near Trend Resistance inD1 Timeframe. Evening Star pattern shows a trend reversal if it's formed near resistance. In M30 timeframe, Head and shoulder pattern has been formed. So closing below 1350 may show some weakelness. Disclaimer :- I'm not a SEBI registered analyst. This are my personal view. Information given is for...
#Watchlist #HLEGLAS (W):-CMP 3690 Looks Good For More Upsides :) #Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions.
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...
With reducing payables, Spice Jet is out of mess. can see a reversal in chart pattern. #educational purpose only
We can initiate a long swing trade in hpcl if it gives closing above the levels of 245 forming an inverted head and shoulder pattern. It's a high dividend paying stock as well so one can think of adding some quantity in the portfolio. A trend reversa NSE:HINDPETRO l could happen.
It is a good stock to invest in and Jefferies has given a target of Rs 100. But Fibonacci levels show that the stock may fall to Rs 31.
I am looking to buy #CAD CHF# this week,, Expecting an retracement 0.75000 and continuation to the upside. We have confluences with major HEAD AND SHOULDER reversal pattern and price broke major resistance level and closed above with support and creating strong resistance with rejection. thanks.
Whenever good bullish or bearish candle are formed with decreasing volume then most of the time reversal occur from nearest resitance.
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...
1.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...
1. 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...
Heavy move in reliance. 2740 SL entry tgt 2560 tentative.. target
Marico is moving nicely within the parallel Channel. At the bottom of the channel it has shown a reversal, if the momentum continues it will give an easy 10%. Trade Carefully!!
double bottom formation in sasken technologies good move to up side can be see here