If one connects price movement since April to now then one may be able to visualize Head & Shoulder chart pattern. However price has gone sideways for 4 to 5 weeks at head formation. Is this then the valid Head & Shoulder. Theoretically, the expected price decline is up to height from head to neckline. However, this improbable in case of L&T. What can be a fair...
Descending Triangle formation on daily chart Short Entry below-6350 Stop Loss-6650 Target 1-6000 Target 2-5000
Hi Friends I have seen falling wedge on Nifty50 Daily Chart . Nifty Might Once again fall towards 11580 to 11550 where it has a strong support. I think it should take a design to take off towards a breakout.
Falling Wedge Pattern in 1hour chart Crude oil
Hourly Chart has shown RSI positive divergence. Also stock @ 0.5 support level of Fibonacci retracement level & daily chart pivot support. Buy above 664, SL 657
very good sign in one hour chart go long up to 950
Bullish chart pattern with J hook. Double bottom and rectangle, the favourite break-out to all time high !