AUROPHARMA wedge pattern formed.Buy with a confirmation candle if upside resistance line breakout.or sell when downside support line breakout.Green line is another important resistance
New wedge pattern for SUNTV.Buy when a 5 min candle breakout upside line then we can buy above the candles high.Sell when a 5 min candle breakout downside(support )line then we can sell below the candle low.Good for INTRADAY & swing
BATA INDIA has fallen 40% from highs !! Stock has always given correction around 40 to 45% in past Right now 40% correction is done and if stock fallen more 5% from hereon then support is coming around 1220-1260 levels. Stock has broken its medium term support which was working from 2019 But stock is also making falling channel and it is working properly....
Tesla seems loosing strength with rising wedge bearish pattern broken with volume. This is long term review as chart is 1W TF. So result may be for long terms like 4week to 12weeks or further. So please don’t over judge it but any positive news there, it will be opportunity of sell on rise only. As this is very strong pattern and wont fail in most of the scenarios...
AMARA RAJA ENERGY & MOBILITY (1D TF) - Swing Trade Analysis given on 9th March, 2024 Pattern: FALLING WEDGE BREAKOUT - Resistance Breakout - Done ✓ - Volume buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress #amararaja
Falling wedge pattern breakout with good volume. Wait for retest for conformation. Can give easy 10 to 15 % in swing trade if breaks the breakout candle low then the breakout has failed. NOTE: I do my analysis, do your before trade.
ADANI POWER (1D TF) - Swing Trade Analysis given on 10th May, 2024 Pattern: FALLING WEDGE BREAKOUT - Daily Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress * Disclaimer
HEG (1D TF) - Swing Trade Analysis given on 20th May, 2024 Pattern: FALLING WEDGE BREAKOUT - Trendline Resistance Breakout - Done ✓ - Volume Buildup at Resistance - In Progress - Demand Zone Retest & Consolidation - In Progress (Might come back to the Trendline for a Retest so be careful and do not enter in FOMO) * Disclaimer
💎 Paradisers, #AUDIOUSDT could present a bullish move if it confirms the 'W' pattern. 💎 If #AUDIO breaks above the resistance level, it will not only confirm the 'W' pattern but also signal the breakout of the descending channel, enhancing the probability of a bullish move. 💎 If the price shows a pullback, it could potentially form a triple bottom from the...
💎 Paradisers, #VELOUSDT has bounced from the Higher Time Frame (HTF) demand level, accompanied by a Fair Value Gap (FVG) candle and also shown Change of Character (CHoCH) towards a bullish market structure, increasing the likelihood of a bullish move. 💎 #VELO has also broken out of the falling wedge and shown bullish divergence on the MACD. If the price directly...
CIPLA (1D TF) - Swing Trade Analysis given on 17th May, 2024 Pattern: FALLING WEDGE BREAKOUT (Double Bottom) - Trendline Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress * Disclaimer
Disclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. WaveTalks - Market Whispers: Can you hear them? ----------------------------------------------------------------------------------------------- Nifty Index Outlook - May 24,...
INDEX:SENSEX In the realm of stock markets, where optimism can often overshadow caution, the upward trajectory of indices like the Nifty and Sensex can be both alluring and deceptive. For the past eight years, these indices have exhibited an unbroken streak of growth, painting a picture of perpetual prosperity. However, beneath the surface lies a pattern that...
US OIL WTI : Bullish - 2 falling wedges + Head&Shoulders Wti crude oil can rise higher because of current geopolitical tensions. OPEC countries have reduced their daily production of barrels of oil. Technically: The wolf of Zurich has detected 2 "Falling wedges" and an " inverse head & shoulders" . These chartist patterns could raise the price of WTI oil around...
Bombay dyeing is looking strong to give a multiyear breakout. If breakout is successful, we might see explosive moves in this stock. Hence, prebreakout entry is always beneficial since we get better risk reward as well. Medium probable setup and bad technicals of company are red flags which makes this idea more riskier. Not a recommendation, just a personal opinion.
CHOLAHOLDING: - 8 months long base - Price making VCP pattern in last 2 months - Shakeout near earnings candle low - Now retesting earnings candle - Can enter now or wait for entry near 1200 lvl with small SL
#USDT Dominance (USDT.D) Analysis #Current Technical Setup **Timeframe**: 4-hour chart **Patterns Observed**: 1. **Bullish Divergence**: USDT.D has formed a bullish divergence, indicating potential upward momentum. Bullish divergence occurs when the price makes lower lows, but the oscillator (such as RSI or MACD) makes higher lows, suggesting weakening downward...
ENDURANCE TECH (1W TF) - Swing Trade Analysis given on 12th May, 2024 Pattern: FALLING WEDGE BREAKOUT - Daily Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - Done ✓ * Disclaimer