HAVELLS
Key highlights: 💡⚡
✅On 1W Time Frame Stock Showing Reversal of Symmetrical triangle Pattern.
✅ It can give movement upto the Reversal target of above 1340+.
✅ Can Go Short in this stock by placing stop loss Above 1080 or last swing low.
Hello Traders!
1. We have a symmetrical consolidation pattern in USDJPY on multiple tfs.
2. The consolidation appears to be more bullish than bearish.
3. PNL has been set for entry and stop levels. Stop levels may change in case stop level gets hit before the entry is done.
4. Always take a slight buffer when going towards buy side since there is pip...
BANKNIFTY Taking SUPPORT in Higher Time frame 1 HR You can see clearly
In a 15 MINS It is forming SYmmetrical Triangle ...If it break up you can take buy or wait for the market the symmetrical triangle to retest and take buy
or
If it is breaking down take sell or wait for the market to retest the symmetrical triangle resistance and fall lower low for sell entry
In today's session , seen Symmetrical triangle pattern breakout in HINDUSTAN AERONAUT. According to this pattern expected initial target in HAL is 1580+ and final target is 1870+.
EXPLANATION : This is a 15 min time frame chart of BAJFINANACE , It has formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates...
Bitcoin is still ranging within the pennant pattern eventhough it got a candle with decent volume.
The RSI is sloping up, now only the price. But I expect that there can be more downside. O
Eventhough, this can be a good opportunity to buy some crypto on spot. I'd not ape in but rather DCA in. I expect the price soon to go up because the on-chain data looks...
Zomato listed on 23/5/21 and then creating life time high of 148 and now it has created a SYMMETRICAL TRIANGLE PATTERN on 2H chart . Now zomato can give either side breakout. for upside it can create a new lifetime high or can break its low of 116. A very impressive either side breakout can happen with huge volume.
The stock broke out of the pattern today, supported by high volumes.
Considering that the results are expected tomorrow, they can either play a spoilsport or add fuel to the fire and take the stock easily to its 52W high levels.
Supporting technicals:
RSI: 68 ( Bullish but not overbought)
MACD is above its center and signal Line, this is a bullish indicator
P.S:...
Fibonacci is one of the important tool to predict and understand the retracement of the stock.
MARUTI SUZUKI was in down trend since mid of Feb started retracement on 26th of Feb around 8610 and retraced by 38.2% till 7372, which is also a price at the current date. after this retracement it continued the down trend.
A trend reversal is observed on 30th of...
