A very strong reversal pattern is visible in nifty intraday charts i.e. Inverted head and shoulder which indicates that the fall is over for now and we could see a sweet reversal. Also, nifty is taking support around the golden 0.618 retracement level which coincides with 200DEMA. Reverse Divergence is visible on RSI indicating a fall in the strength of...
After Bottom reversal BINANCE:GMTUSDT is clearly looking for leg up. A small local Resistance takeover will definitely lead a rally up to $1.15.
TECHM Weekly chart - The analysis is done on weekly as well as on Daily TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas...
#TataElxsi achieved an all time high price of 10760 in Aug 2022 and after that corrected to 5700 in Dec 2022. Almost 47% correction from the peak price. Technically the price has smartly reversed from the demand zone and today closed at 6655 almost 955 point up from the low. Very strong midcap IT company and perfect time to add to the portfolio with stooploss of...
NSE:APTECHT The analysis is done on 15min TF hence price may take few days in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade. Checkout my other ideas to understand how one can earn from stock...
Nifty Falling Wedge formation on 30 min TF. Go long on breakout by keeping 17760 as your stop loss. There is also Triple bottom marked on the chart, which gives us double confirmation of reversal of trend.
Currently short in the money 43000PE 19 JAN. Entry at Rs. 1076.
Surya roshni reversal pattern breakout. inverted head & shoulders pattern breakout. It may go up to 740. as per pattern target. Note: only for learning, trade at your own risk.
Hariom pipe is a potential candidate for strong reversal. Keep it on your radar!!!
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. (Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone). If any doubt for take...
Hello, It looks like Broadening triangle pattern is forming inside the Descending Broadening Wedge. Today candle is very close to support level. Stop loss and Targets are given in the chart. Thank you, Purus.
On 4H Time Frame Stock Showing Reversal Of Double Top Pattern. We will wait for proper breakdown. Thanks for your support :-) Disclaimer : I am not SEBI registered analyst. Do your own analysis before taking trade. I am not responsible for your profit or loss.
BSE has made hammer candle in weekly TF, 540-553 will be great place to initiate long trade which will provide low risk and high reward setup. Also on daily TF RSI is about to give breakout from its falling trend line(on day TF, connect trend line from high's of 8th Sept,27th oct, 4th Nov, 25th Nov). 2 options 1) Enter once price close above 587, targets 1) 642...
stock has formed a rounding bottom and is likely to form a cup and handle pattern after hitting resistance.
On weekly time fram trade in good fabb zone After break 174 can see 200-240+++
It is formed by two candles, the first candle is bullish candle which indicates the uptrend. The second candle is a bearish candle which opens gap up but closes more than 50% of the real body of the previous candle which shows that the bears are back in the market. Pattern has created the range of 17500 to 17900. Bulls are again trying to take control....
Zydus 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...
HCL tech broke past its long term trendline and made a retest while forming a reversal candle and has now broken out after a tight box consolidation. Limit order could be placed right above the 50ema for a quick profit at 948.60 for 1:1.5 risk:reward Keep It Simple