Headline: Analyzing the Market Trends: Key Resistance and Support Levels Identified
Brief Details:
The attached chart displays the recent market trends, highlighting two significant "Top" points, which are critical for understanding the market's potential future movements.
Key Points:
Top 1: After reaching this point, the market experienced a downward trend,...
Rane Breaking monthly chart pattern making higher high higher low after correction of all time high of 1450.
now making bullish pennant chart pattern. entry can be made after closing above 1090.
only for educational purposes.
AAA is very good chart pattern + high move with high risk
holding 2 flag that is sign of jackpot
high move in single day and achieved his goal of circuit
near by life time high and than actual grab the momentum of higher high prices.
now price is 68 TRG 82/98/108/120 and more than that
that is high risky high moveable stock not for safe investors
that...
cup and handle pattern SL - 358
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
Hindalco weekly chart breakout - Cup and Handle chart pattern formed on weekly chart of Hindalco. This is only for my study and not a call for buy or sell. Kindly do your own analysis.
On a weekly chart price has given a breakout of the cup and handle pattern at 618 level. At currency juncture price is trading at 648 level. Momentum oscillator RSI has given positive crossover.
If price respect the level of 618 price can rally towards 780 level.
Both indicators - stochastics and VI, are strongly oversold on weekly chart and there is a clear bullish wedge pattern. NG may touch 200. Buy on dips. Right now at 161 is a buy.
