NIFTY50 Daily Analysis! Head and Shoulder Pattern Formation in NIFTY 50! Head and Shoulder Pattern Breakout in NIFTY 50. Currently Retesting! NIFTY 50 was clearly in a Downtrend till 28th March. Nifty has moved in downtrend is about 4 months. From December 1 Nifty is falling like anything. After that Nifty started moving upwards. Now Nifty has made a nice...
Symmentrical Triangle Formation in Bank Baroda(Daily TImeframe) Disclaimer = All my analysis is for Educational Purpose only. Before entering into any trade 1) Educate Yourself 2)Do your own research and analysis 3)Define your Risk to Reward ratio 3)Don't trade with full capital As per my Analysis Bank of Baroda Reached my 1st Target. Now price is retesting...
EURUSD Weekly Analysis! EURUSD Support Trendline Breakdown! Short Trade Opportunity in EURUSD! EURUSD has given a brekdown to it's support trendline. It's been 2 week now sorry for late posting this trade idea but still the trade is in active state because there is a momentun in down side till the support zone which is 1.05447 - 1.04852. I can see this...
Bank of America Corporation Analysis on Daily Timeframe! Bearish Flag and Pole Pattern Formation in BAC Flag Breakdown in BAC Bank of America Corporation made Bearish Flag and Pole pattern. We can see the sharp fall in Bank of America Corporation after price made a flag and moving inside the flag. The price given a breakdown to the flag support and able to...
BSE:GUJARATPOLY Analysis! Inverted Head and Shoulders Pattern Formation in GUJARATPOLY on Daily Timeframe! Inverted Head and Shoulders Pattern Breakout in GUJARATPOLY! Trend Reversal in GUJARATPOLY! GUJARATPOLY has made INVERTED HEAD AND SHOULDERS PATTERN on a daily timeframe. We can see the price was moving in Falling Parallel Channel . Price has...
NSE:KNRCON Analysis! KNRCON Analysis on Daily Timeframe! Double Bottom Pattern Formation in KNRCON! Neckline Breakout in KNRCON! Trend Reversal in KNRCON KNRCON has made Double Bottom Pattern on a daily timeframe. It has given neckline breakout but experienced high selling pressure around this level. We can observe the retesting is happening now.I...
NSE:FAIRCHEMOR Analysis! FAIRCHEMOR Analysis on Daily Timeframe! Rounded Bottom Pattern Formation(Rare Pattern) in FAIRCHEMOR! Rounded Bottom Pattern with RSI and Volume Analysis! FAIRCHEMOR has made ROUNDED BOTTOM PATTERN on a Daily timeframe. It was in a Downtrend before. It has made a bottom and reversed with Rounded Bottom Pattern. RSI is also in...
BankNifty Analysis on Weekly Timeframe BankNIfty has given a Breakout to it's Resistance level as well as it's Resistance Trendline. We have seen the bull run int the last 2 Weeks. BankNifty rallied very interestingly after Breakouts to it's important levels. We can see further upmove in the BankNifty if this rally continues....... Targets- 1) 43099.85 ...
NSE:AMBUJACEM Analysis! Ascending Triangle Pattern in AMBUJACEM on Daily Timeframe! AMBUJACEM Retesting it's support level! Ambuja Cements has made Ascending Triangle Pattern on Daily Timeframe. It has given a decent breakout with average high volume. After it retested it's support level. It has made a s pinning bottom candle on it's support level. We...
Pattern Identification on any Timeframe! Importance of the Factor of Safety in Projected Target To avoid the Losses! How to identify Patterns and Project the Target on the chart! I have selected NVDA weekly chart for Technical Analysis. Here the Head and Shoulder pattern formed on the Top. We can see the previous trend of NVDA was an Uptrend so the...
Ascending Triangle Pattern in Nifty 15 Minute Timeframe Will Nifty move as per Ascending Triangle Pattern Analysis? Let's see!!! As per Ascending Triangle pattern analysis the projected Target will be 17907.70
Ashok Leyland Monthly Analysis Long Tern view on Ashok Leyland Ashok Leyland Consistently Taking Support on Support Trendline We can see How beautifully price has taken support on Support Trendline. We can say price is respecting the Support Trendline. This is the characteristic of a trendline. The support trendline acts as a support to the price which can...
Breakout Trap in PENIND Daily Analysis of PENIND This is how investers traps in a breakout trap PENIND has made double bottom patten and as per Double Bottom Pattern analysis the projected target has been reached but the picture is not over yet!!! Some investers do re-entery in it after it breaks recent resistance level. Same thing happend in PENIND after...