Trianglebreak
USDINR terminal move - 400 pip downmove likelyUSDINR had broken out a Triangle in the middle of Sep 21 . The subsequent move has been overlapping waves but counts well as an ending diagonal. This is a terminal move and has breached the Mar 20 high ending the larger degree pattern as well. Divergence is also developing at this high v/s previous highs. The move from 72 levels seems done and a reversal is on the cards.
When weakness sets in, it can take the pair to 73.75 level. Moves on completion of ending diagonals are quick heads to the origination of the pattern.
Target area is indicated.
As always keep stop losses to protect capital
ASTERDM - Weekly Analysis - Swing tradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
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COALINDIA- Triangular pattern Hi everyone , hope everyone doing good. me too!!
So today I have come to show the pattern which formed on coalindia stock. it was triangular pattern and the Breakdown is happen today EOD , so as per that the bullish support candles will be form for upcoming days (may be 2-3). Lets check on may 5 or 6 , 2022. my analysis was made on 1 hour chart.
My 1st target was- 192rs
If it breaks the 1st target, 206rs is my final target. lets wait for sometime to see this.
Disclaimer: This was fully my own prediction and educational purpose only. not influencing to buy/sell this stock.
DEEPAKNTR Descending triangle !!NSE:DEEPAKNTR
#NSE:DEEPAKNTR formed beautiful triangle and all levels marked for practice.
Last month we have delivered good results to our friends and complete details shared.
Check my signature column, you will get all the details.
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Happy LEarning !!
SBILIFEDear Traders,
We can see a great 10-15 % move in foreseeable future as, stock is making inverted head and shoulder pattern. Plus, it already has given breakout from Triangle pattern and after that it was hovering upside that means accumulation of stocks is also done by retailers like us. And in the last it broke today the neck line of former pattern. And along with these reasons we can see that volume is also confirming our theory so we can buy this stock.
Thanks you guys for support.