W-m-pattern
BEL, The Bearish Bat Pattern with Reversal 111 nearby.The Bearish Bat Pattern:
A B point that is less than a 0.618 retracement , preferably a 0.50 or 0.382 of the XA leg . In addition, these structures are excellent trading opportunities when they form at distinct levels of resistance.
Resistance 109-112 For targets 97 & support.
Equitas holdingEquitas holding:--
Symmetrical Patterns breakout successfully done
buy around 55-56 and target upto 80rs with sl of 41-40 on clbs
L&T Fin. Holdings H & S Pattern !!TREND ANALYSIS & TRADE SETUP
HEAD AND SHOULDER PATTERN !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 7-8 Times
SBIN - High level picture of what happened in the pastIt will not be strange if SBIN can reach the strong support as mentioned if stimulus package is not announced by the government.
We can see that it has reached around Rs.145 range multiple times in the past (Aug 2013,Sep 2013,Feb 2014,Feb 2016).
The past is going to be repeated if a strong stimulus package is not going to be announced by the government.
Let's see if SBIN is going to reach the strong support !