We have seen breakdown after (5) wav e and fired move in downside which still unstoppable . This channel is not much reliable target/support 11337 and Final support from measurement at 11212 nearby. I have drawn the "FLAG PATTERN" in a chart which has still left more fall. It's a negative point. Advanced predicted channel has support 11300 nearby.
Sounds awesome and horrific in the same time eh.. just looking into steem/btc chart moving closer in the edge of descending triangle. interesting what will happen.. from indicators seems oversold in daily RSI and stochastic RSI and bullish divergence is sighted within MACD and Price action... awesome.. but keep in mind this asset didnt have big liquidity as...
Sounds awesome and horrific in the same time eh.. just looking into steem/btc chart moving closer in the edge of descending triangle. interesting what will happen.. from indicators seems oversold in daily RSI and stochastic RSI and bullish divergence is sighted within MACD and Price action... awesome.. but keep in mind this asset didnt have big liquidity as...
ICICI Bank is forming a bullish white swan on the 30 min charts, and is expected to hit 352, before bouncing off to 370+ A good options trade can be taken on this basis, on the Jan'19 series. . . . . . . . . . Kindly consult your advisor before taking any decisions. We teach, and practice what we teach ;)
BankNifty Collapse is beginning! It is unable to sustain the support level of 27043. It broken below it and re-tested the level and is moving lower now!
Titan has made perfect Head & Shoulder pattern on weekly charts and now breaking down from neckline support while volumes are jumping upwards, during the formation of H&S also one can see that with every fall volumes gone up while on green days volumes were comparatively lesser, this is perfect example of a neat H&S setup, So as it is now breaking down below...
50% profit in trx in 12 days hold now if its cross red line
Sell Amara Raja battery around 800 Target price 775 Strictly positional basis target Trade as per risk appetite Happy Trading
Buy Zuari Global at 218 Target price of 249 Long build up seen is yesterday's session. I expect a big move from charts
The stock breaks out on the cup and handle suggesting the upward pressure
Unitech Ltd. is in a consolidation for a long time now. A triangle pattern called 'Descending Triangle Pattern' is forming on the 4 Hour time frame. Although, the text book definition of a 'Descending Triangle Pattern' is that the price usually break to the downside, however, that's not always the case. Also, the RSI shows divergence + there is also an ongoing...
The stock has nicely formed Wolfe Wave pattern and today's engulfing makes it a candidate for long. One can buy the stock for a target of 170 by providing a stop loss of low of today on closing basis.
Crude Oil looks like a shorting candidate as it is in a verge of forming Double Top on Daily Chart
Everything is mentioned on charts..... Link : Note: Do your own analysis before investment....
i) Nifty getting out of this range decides the Game ii) An upside break can be false one in all probabilities iii) Downside breakout will gives a complete Ranging market
Apollo Hospitals can be traded two ways : i) On Pullback Entry which is shown as above , its not active yet. Only if we get pullback it gets activated. ii) Can be traded as breakout from triangle, but the problem is when you get aggressive with your entry Risk gets wider, so you need to move it up above 1265's zone Let's see whether we can get high without drugs... !
Raymond chart was bullish for last few days & closed a bit above the previous high's of 810's. There are many aspects one can interpret this chart above : i) The ranging candle can be considered as Flag or Triangle depending on how you draw your lines & Not to worry, both are fine. ii) If you don't trade simple patterns, then you can consider this as simple...