Attached: Nifty Pharma Index Weekly Chart as of 7th April 2023
With the Week gone by,
Price has formed the 'Three White Soldiers' Candlestick Pattern on the Weekly Chart
This has MAJOR IMPLICATIONS
(Note: the 'Three White Soldiers' is a Bullish Candlestick Pattern that is used to predict the Reversal of the current Downtrend in a pricing chart.)
Another Bullish Signal for Silver🥈
Attached: XAGUSD/ Nifty 50 Weekly Chart as of 31st March 2023
- This Relative Strength Chart indicates that the Outperformance of Silver over Equity (Nifty 50) has started 📈
-It is similar to the Signal on Gold🥇 that I had shared on New Year's Day and you can see how fabulously well that Gold Buy Signal played out for us...
On daily chart the classic Three White Soldiers pattern is formed near the support zone. Three White Soldiers is a bullish pattern.
We can go long on next candle
Target will be the next resistance zone.
We can keep the stoploss below the support zone.
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- Bullish Trend - Three white soldiers candlestick pattern
- Resistance breakout @ 1280
- RSI crossing 75
- Tech showing buy signals
- Price is above 20,50,200 EMA
- Volume above average
Bhav is “ Bhagwan ”
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for...
This is weekly timeframe.
Nifty Reality had took support at 0.50 fibo level.
There is high probability that it may test 52 week high in next coming months or may be it can take more than a year.
From current level its more than 28% up.
I will be now closely watching the reality sector's largecap stocks for positional trading opportunities.
We have here back to...
11 hours ago
BUY :- NUVOCO
WHY TO BUY ??
after a HUGE CORRECTION from past month(AROUND 40% from its high) ,now it's forming THREE SOLDIERS PATTERN (on DAY CHART).
wait for this day, the candle will be formed completely.
have targets according to your risk-reward ratio.
if it forms TRI-SOLDIER pattern ,we can see...
This is Weekly timeframe.
After covid crash, this stock have rallied multifold times.
Yes, there are a lot fundamental triggers.
From June 2021 it went sideways, in consolidation phase.
It didn't went far from 0.23 fibo level. If sustained near it and consolidated.
The correction is not more than 30% from top.
These are strength indicators here.
Now for last...
Tech M has broken the Ascending triangle and has already gave a move out of the triangle.
a bullish the price will keep moving up, advance blocks of green candle are created.
need to be careful with what candle gets created next as if a bearish candle is formed the price might move back in the red zone.
BTC continues its joyride for the third straight week, it has appreciated by ~50% in the last 3 weeks. With this week’s bullish candle, BTC has completed 3 White Soldiers candlestick patterns, this is a bullish pattern and is used to predict market reversal. Currently, it is sustaining above its 0.618 Fibonacci retracement level, which is present at $43,045....