DIXION is a very strong stock and has been in uptrend for a very long time.
in the past it has broken the strong resistance 4800 and is now a support of the breakout, same might happen if the triple bottom bounces back to resistance (5529) and give a breakout to create a new support.
till then we have to wait and watch. good to buy at support
Tata Elexi is now moving in the same formation for quite sometime it has to cross the marked entry point for a good uptrend movement.
It has been giving closing in red 4 times in a week. Once it crosses and closes above the entry point it will be an uptrend
EXPLANATION : This is a 30 min time frame chart of HDFCBANK . It has been in a consolidate for days and has formed triple top pattern . If give a strong breakdown and broke its Demand zone with high volumes and retest the same , I am bearish on HDFCBANK . If taken support from Demand zone , I am bullish on HDFCBANK . Enter as per your setup .
If you like the...
EXPLANATION : This is a 30 min time frame chart of HDFCBANK . It has formed Triple top pattern breakout & retest , If stock give a breakdown and broke it's trendline support , I am bearish on HDFCBANK . If stock bounce back I am bullish on HDFCBANK .
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EXPLANATION : This is a 15 min time frame chart of NIFTY . It has formed Triple top pattern gave a breakout and retest now support become resistance , If taking resistance from supply zone , I am bearish on NIFTY .
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EXPLANATION : This is a 1 hour time frame chart of NESTLEIND . It has formed Head & Shoulder pattern // Triple Top pattern , If give a strong breakout and broke its demand zone with high volumes and retest the same , I am bearish on NESTLEIND . If taking support from demand zone trade with multiple confirmations .
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ZINC Sep short
triple top formation
Sell at CMP- 257.8
SL- 259.65
Target- 255.7, 252.6
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
5 days of parallel channel gets disrupted. And also made a triple top. We can see a good move once the consolidation zone breaks down. (or) if the price breaks above the resistance zone. We can look upside.
NOTE: Educational purpose only NSE:TECHM NSE:TECHM
SL breach of 965 on EOD basis
SQZMOM BEARISH AND FALLING
MFI NEUTRAL
VIXFIX SIGNALLING A FALSE BOTTOM?
PS - a rather smol trade dis, more like a thought
NIFTY (DAILY):- Stock consolidating in a strong trading range between horizontal resistance and supporting trendline
Highly probable ascending triangle on breakout or highly probable triple top on breakdown
Keep track
:Hi everyone let talk about the chart
in the chart we can see "triple top bottom " and don't depend on it .It can Break the 'Support and Resistance" don't buy or sell quickly be in the patience .
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:Have a good trade
