Get started

Wave Analysis

Triangle Chart Patterns , Descending Chart PatternDescending chart pattern is a type of Triangle chart patterns . Descending chart pattern is formed when price is taking a support and forming continuous lower heights. Adequate buy or short area would be after the price gives a breakout . Descending pattern you can short or buy as well . Wait for the price to give a breakout and enter in which ever direction the breakout is given . Please Share , Follow and Like if this content was useful and you gained some knowledge.
NSE:BAJAJHLDNGEducation
by Deepak_dc93
2
chance of retracement hold for 3 days to next move!noted points: 1) chart shows , stock is moving in a regular pattern, but got the strong resistance near 760 and hit reversal. 2) now it is near 1st likely support 730 points. 3) there is a chance of moving in the side waves for the next couple of weeks. 4) hold for next 2 to 3 days if it crosses 760 resistance , chance of increase in the points till 850 to 900. 5) if it breaks down the 730 points then it comes near the second likely support zone of 684 points. Disclaimer note: This report is for study purpose. Use this for the same.
NSE:SBICARDEducation
by athmiya16