TATASTEEL was make shooting star candle in day tf, and in 15min tf double top pattern create...
ACC: Industry: Cement and Cement Products The stock is discounted at 17% from all time high levels. Daily Chart: 1. Respecting its falling trendline 2. Forming RSI Bearish Divergence (Stock is forming HH and RSI is forming LL) 3. Formed Doji and Shooting Star (bearish candles) on trendline Addl Points: 1. FII/FPI have decreased holdings from 13.76% to...
Price is the cumulative result of all market information. Hence, technical analysts use price charts and chart patterns in their market study. candlesticks have become the most popular chart type for price action analysis. we have 3 methods to identify price action with candlesticks. 1.One Price Bar (Pin Bar) 2.Two Price Bars (Inside and Outside Bar) 3....
May CDSL will fall. Since Sellers pressure is increasing
Hindustan Unilever is showing signs of bearishness Reasons/Traits : • Daily Trend far away from 20 EMA • Uptrend is in pause mode • Bearish Harami followed by two shooting stars/inverted hammer formed (Chances of going down) • Since 17 sessions stock did not retrace • Volume is decreasing • RSI and MACD in overbought zone • For a healthy uptrend retracement need...
A shooting star is a bearish candlestick with a long upper shadow, little or no lower shadow, and a small real body near the low of the day. It appears after an uptrend.
Short Below 736 SL 745 Try keeping Risk Reward 1:1 and Book Quick Profits Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
early sign of correction , as if the market correct from here then targets can be of 16400 which is a 68 % correction golden ratio of fib. Last trading day activity has revealed that seller are now active which are missing from a lot of time.
Natural gas short Sell at CMP- 386 SL- 393 Target- 377, 367 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
ZINC Sep short Shooting star candle RSI Divergence Sell at CMP- 251.8 SL- 253.4 Target- 250.7, 249.35 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Nifty View: It has been a one-way high momentum rally for the benchmark Nifty over the past few trading sessions. At today’s close at 16,559, the index posts yet another positive day - up 42 points or 0.25%. A look at the 75mins chart, and we can see a “Shooting Star” which under the Japanese Candlestick parlance is a sign of a possible reversal. Now there is no...
Negative Reversal Indications: 1) Shooting star & series of Doji's at top. 2) RSI Negative Divergence 3) Gap filling pending. Zone - 780-790.
Reliance is forming shooting star after a great uptrend, this means that stock can take a uturn soon. Shorting opportunity for a target of 2100 in 20-25 days.
Bajaj-Auto made Shooting Star & Double Top on daily timeframe. As previous shooting star, it falls down. If Bajaj-Auto falls below 4200, then it can give target upto 4000 with SL of Shooting Star's High. Educational Purpose Only.
Last time after shooting star formation stock corrected ,now at this point of time also the shooting star formed on the same level ... Low probable setup but high reward can be expected
SHORT BELOW : 207.25 Target 1: 202 Target 2: 197 Target 3: 190 SL : 219 Risk is yours and Reward is too yours totally. Logic : Higher Delivery QTY and Delivery % on 11/5/2021, They are trapped below 207.25 Because Shooting Star Candlestick formed on Top of Daily chart and in uptrend. Leading Indicators are extremely overbought. It indicates profit booking...
1) Trend line breakdown and retesting 2) Decent shooting star formation 3) looks a good risk to reward for a short trade
Dawaat Makes Shorting Star in Daily Chart and One can short Daawat below 71 and Target 69/67/65/63 Stoploss 75