Date 24.04.2024 pole & flag pattern for confirmation can see 3 mins chart
Results today, a Nifty major watch cloud + channel breakout - longs pitchfork & fibo levels breakdown - shorts
On the verge of cloud + pole & flag pattern with todays long range buying so far treat stop loss strictly
Date 20.04.2024 fresh down trend only below 46329 1 cloud support 2 important support & resistance 3 longest buying range candle in recent swing
Trade the lines & see pull backs & retracements Extension levels are important for next target retracements levels are important for supports
3 Wave pattern, chances are in the morning to breakout & touch upside. whether can sustain or not is the question , depends on overall market situation
Looks like to me a huge upside potential. Best if retraces till 200 ema
Chances are there to resume downtrend channel Right Angled Ascending Broadening Wedge Pattern formation just over 200 ema is very watchful area
Broadening Wedge Patterns – Megaphone Will be highly volatile counter henceforth
Any dip is good opportunity for accumulation in small quantities
Have look at the chart & said patterns peacefully & act accordingly
Wait and enter in given support areas in small trenches
Trend & key notes are mentioned in the chart itself. Kindly have a glance
Date 16.03.2024 Bata India (weekly) Good risk reward for longs Taking support of long neckline of descending triangle Again make or break area
Date 16.03.2023 Asian paints ( weekly) Make or break for stock area after breaking ascending triangle & bearish pole & flag within that, now at support of 200 weekly exponential moving average & rsi is also at support. Good risk reward ratio for longs but remember fundamentally Brent crude prices are increasing and went unto $85 any correction in crude them...
Bank nifty is at make or break area from where 4% (1853 points) move either side possible. Make sure we see rsi oversold area (already at 15, limited downside in my view) & over bought area as well as any divergence with respect to trend continuation if breakdown or breakout. I believe this pattern will give good results in terms of trend understanding....
Axis bank breaking down most critical support band, 200 ema is make or break support/breakdown. Keep a close watch. This may drive the bank nifty sentiment as whole.
Important intraday set-up 13.03.2024 look for Fibonacci levels to below neckline