If NSE:LAURUSLABS doesn't breakout & sustain above 304, expect a decline to 253 levels & more maybe. Also, price had formed a Triple Top previously & fell from those levels to 250-260 range.
BANKNIFTY | Almost near the resistance but losing momentum Triple Top & RSI negative divergence, looks good for correction. CMP : 29600
NSE:HDFCLIFE Watch the price action at breakout level and take a trade. It might reverse from here as well.. Take a trade after it sustains the breakout.. keep it in radar.. Note: This is my personal view and I may go wrong.
best price to enter would be 140rs for long
Keeping SL near 24350, one can look for good shorting opportunity in BNF. To be on safer side wait for previous highs (red line) to be taken out.
Swing Trade Setup Buy ~ 1387, Stop ~ 1355, Target ~ 1460, 1480
Liberty has struggled to cross 152 in last 3 attempts and on every attempt a huge bearish candle forms. Now scrip is in uptrend and this time fall near 152 has faced low volume as compared to previous falls. Scrip was in narrow range since past few days and indicates stock was being accumulated. THis time it could cross the 152 level & if it sustains & close...
Liberty has struggled to cross 152 in last 3 attempts and on every attempt a huge bearish candle forms. Now scrip is in uptrend and this time fall near 152 has faced low volume as compared to previous falls. Scrip was in narrow range since past few days and indicates stock was being accumulated. THis time it could cross the 152 level & if it sustains & close...
1. facing Strong Resistance near 600 levels, made a Triple top formation on this level. 2. Strong support on 500, crashed post breaking this support. 3. Now price is swinging in a parallel channel, Bottom of the channel is acting as a new dynamic support line. 4. A new supply zone near 467-470 levels. Minor resistance on these levels. Positions: Enter above...
USOIL triple top formation in 30 mins time frame
Positional Buy ~ 1055, Stop 1025, Target ~ 1100, I'am wrong here then agree that it is beyond technical analysis.
Hindalco has formed a triple top pattern and also double top in the lower timeframe and it is looking for a downside breakout. Can sell on every rise. Do watch for price action before taking the trade. Please Note - All the green lines mean the support zone/demand zone and all the red lines mean the resistance zone/supply zone.
It looks like it forms a triple top pattern formation which is a reversal pattern. On 16th july the stock opened gap up higher but then retraced back near to 15th july price. For sure market participants are indecisive in this stock. Trade cautiously near support and resistance levels drawn and place your targets and stop loss accordingly. The stock looks week but...
Indiavix closing is 29.97 and create the #Trippletop in the 1-hour timeframe and also break the triangle in the 1-hour timeframe so now in the downside target is 26-23 and upperside resistance is 31-32....
Weekly looks bearish and on lower time frames we can see a clear triple top formation its a good opportunity for a short after resistance breakout MACD & RSI showing a big divergence on the tops making lower highs instead
Triple top formation will it breakout or remain range bound