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Reversalpattern

Keep a watch on Sterlite Tech!Sterlite tech is looking strong as a positional trade. Recently, we have seen a good run in Birla cable as well which is a competitor of this company in manufacture of optical fibre cables. Stock can be added at CMP or on dips till 155. SL is below 140 WCB. Minimum target is 200. Above that stock can go till 235, 280 which are the fib levels as well as strong supply zones. Today, stock has shown good buying with volumes bouncing from a strong demand zone of 145-150 with a short term trendline breakout as well. Keep this stock in your radar. Idea shared only for educational purposes!
NSE:STLTECHLong
by chartistamey
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
DONEAR - Retest + Reversal with a breakout - Swing Trade The analysis is done on Daily + Weekly TF hence price may take few weeks to few months in order to reach the targets. Checkout the weekly chart as well here - 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 markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:DONEARLong
by TradewithAditya
Triple bottom in LALPATHLAB on one hour chartIdentified a triple bottom formation, which is a bullish chart pattern that suggests a potential trend reversal from a downtrend to an uptrend. This formation occurs when the price of an asset creates three distinct lows at or near the same level, indicating that buyers are stepping in to support the stock at that level. There are two possible outcomes: either the stock will rebound from this support level, leading to a bullish trend reversal, or the stock may break down through this support level, indicating that bears are taking control of the market and leading to a continuation of the downtrend.
NSE:LALPATHLAB
by HSJNFinWisdom
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