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Reversalpattern

LICHSGFIN possible reversalHello traders, deepakntr achieved its target when gave a breakout of the H&S pattern in a single day. Next stock I am focused on is lichsgfin, it has seen a good correction in the past weeks and have retraced back to the golden ration or zone. On weekly timeframe it took support on 61.8% fib and bounced back Above the flip level Bounced back from demand zone RSI is above 45 MACD above signal line Buy above 370 Targets mentioned in the chart above Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:LICHSGFINLong
by this_is_shoaib
2
ASIAN PAINTS ON ITS MAJOR SUPPORT LINE Asian paints is in its major support line and has formed a doji candle on the line. If we see a good green candle this can be a good sign of reversal. This will be a good risk:reward trade with minimum risk and maximum reward. If stock breaks the support line ,don't enter it. If stock bounces from here , this will be a good entry. Look for bullish candlestick reversal patterns for best confirmation. This analysis was done by me only for educational purpose. Feel free to share your views/feedbacks.
NSE:ASIANPAINTLong
by headymuk
2
#usdinr weekly inverted hammerThe USDINR currency pair charts weekly charts showing an inverted hammer formation at previous resistance zone close by trendline channel top shows the presence of bears and could be potential reversal signal that could possibly mean it is less likely for the currency pair to move to 76 levels and beyond. The dollar index may be facing resistance before 94.7. However the weekly momentum has climbed back to bull zones second time after the cover wave one where first attempt never sustained. The weekly trend is also is bull zones but the ADX strength bent is seen on short term daily charts that is saying that trend strength may be reducing coming days. With the US tapering that could come in soon dollar further strengthen is a threat for those trading short on this with any breakout from the current resistance zone would be ugly. USDINR options strangles can be played if it breaks and hit the next resistance of near 77 levels on November monthly contracts.
by seekedgetrade
9
MARINE ELECTRICAL TREND REVERSALThis stock is technically too weak almost near its all time low. The stock marine electrical is putting no more lower lows from a harmonic bullish bat pattern which is sign of trend reversal . Other confirmations can be a trend line breakout and higher highs higher lows formation If anyones looking for a high rewarding low risk stock but rate of sucess is too low then this is the one to watch out for. Expecting targets of 50% with a risk (stop loss) of 5%-6% RR of 1:10 Great setup for me to be truthfull . Ready to risk 5% for big targets Follow me for more content
NSE:MARINELong
by kb_rocks1290
1