4b26c1ffaa69429f8af568711df78c

4b26c1ffaa69429f8af568711df78c

Price has been consolidating for nearly 2 weeks at a price range. RSI is showing weakness in momentum to sustain that price range and is showing divergence. MACD is also showing a bearish crossover. Price action seems to form a FLAG PATTERN. BUT it could also turn into being a ROUNDING TOP Formation. There has been an uptrend, with Higher Highs and Higher Lows,...

4b26c1ffaa69429f8af568711df78c Updated 

Clearly forming a Descending triangle pattern. Price could fall to 450 level and continue, if occurs, to 430 level Disclaimer: Again take trade based on your affirmation

4b26c1ffaa69429f8af568711df78c

Formed a Doji following a bullish candle. Evening star pattern formation. Price Rejection also seen at POC of previous Value Area. Clear Shorting opportunity !!! Note: Take trade based on one's final decision.

4b26c1ffaa69429f8af568711df78c

Educative purpose only!! After significant Accumulation, the Long price advance from 2130 to 2550 levels, and the current Distribution Phase, a bearish Decline is expected. Breakout in the above Triangle Pattern is highly likely to be a false breakout. Yet verify with price action when the market opens to confirm the same. Most suitable for swing trading.

4b26c1ffaa69429f8af568711df78c

Formed an Ascending Triangle Pattern on the Weekly Chart MACD Crossover occurs. Wait for breakout over 1596/-. Make your decision based on further price action.

4b26c1ffaa69429f8af568711df78c Updated 

Price forming a clear Ascending Triangle Pattern. Has been showing consolidation at 520/- levels in the months of Oct and Nov. Upward Breakout Expected. Go long when price crosses 520 levels with strong volume