W-pattern breakout and now nifty will be leaded by reliance.
stocks looks good in intra as well as swing
Hello trader's today we will discuss the pharma king -DR reddys lab stock -W pattern accure -superbullish if breakout happen wait for re-test -volume's should be promising - for more uodates please follow me and hit the like button and comment down your thoghts <>(!)<>
TVSMOTOR | Small swing opportunity - W pattern for 12% CMP : 585 SL : 559 Target : 657 Simple 1:2+ risk reward setup
Hello trader's today we will discuss the Britannia ltd _FMCG king -hear is the some point's to look out pro's -"w" shows clearly on chart -all ema are in positive mood -rsi is getting the support on the 60 level -result's are on 27 April and maybe results comes good con's -volume's are low for breaking out in this W pattern -strong resistance level is near
Britannia India has made W price action pattern which is a trend reversal pattern. Buy after the breakout of resistance. Buy above 3710 . TGT 1 - 3740 TGT 2 - 3761 TGT 3 - 3782 STOPLOSS - 3686 Trade at your own risk. Trade safe.
The weekly chart of BHEL shows W pattern. The technical target is 78. The weekly chart of Wockhardt pharma shows flag and pole pattern. Can buy and accumulate in dips. The technical target is 78. Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like...
Nifty bank is trading below 200 ma and 50 ma acted as a strong resistance for today session with Fibonacci 38.2% level too. BNF is also making W pattern or we can see Triple bottom pattern which is a trend reversal pattern. Wait for the trendline to break above for buying setup. Trade safe.
Nifty50 has been performing the way we analyzed. Sustaining below 200 ma show bearish pressure. Gap from Feb 1st BUDGET DAY has been filled and tested once but we can see some range trading tomorrow which can help NIFTY50 to test the support(gap) levels again making it a DOUBLE BOTTOM PATTERN & W PATTERN. Both patterns are trend reversal patterns. Trade safe...
W-shaped patterns work best at the bottom of a major downtrend but they can also be seen as a trend continuation patterns. On this weekly chart there are three W-shape bottom formations that appeared in 2018, 2019 and recently in 2021 and all the three appeared with in an existing uptrend. In such a case we can play this pattern with conservative targets. In the...
Confluence of multiple pattern. Long above 120
Pel is one of those stocks who has not participated in the entire rally. And it was in a down trend for very very long time. After long long time it is trying to break previous swing high and is creating a W kind of pattern on weekly chart. Just look at those volumes which was being generated since quite some time. In daily chart it has tested its resistance...
HINDUNILVR | At long time trendline support, very important level and looks W Pattern to my eyes. CMP : 2026 SL : 1930 Target : 2400 Almost 1:4 risk reward (P.S : Have shared atleast 110+ charts in tradingview community and i used to put a google spread sheet link where i have the records analytics i post with the live status. But due to tradingview rule they...
followed by "W pattern", "Symmetrical triangle" is forming... DISCLAIMER : This is just for educational purpose...
level explain on chart Buy - 120-107 Sl- 80 target - 180 , 134 , 145
Hello Trader's hear is the chart of Axis Bank key points positives -found "W" pattern -almost ready to breakout -9&18 EMA Crosse over -BB is positive key Negative points -volume's are decreasing -all momentum indicators shows Divergence -RSI ,Macd, Momentum indicator etc conclusion: - volume is decreasing if volume come with breakout then we will enter...
sale level = 1955-60 stop level = 1970 r:r = 1:2 (based on w pattern + resistance pressure level) disclaimer - for study purpose only
SUNTV forming W on the daily timeframe at 500 psychological as well previous resistance zone. Can we see a down move from here?