Borosil Renewables ltd has formed a bullish head and shoulder. 1. Hammer candlestick formed in downtrend and best part is that at support 2. Next candle formed bullish engulfing and price started rally upside. 3. Downtrend line was broken at 470 again a bullish sign 4. Price has retest FR Level 38.2 5. Now price has pierced the neckline of Inverted head and...
Reliance Industries Ltd is trading in a price range of 2200 - 2800 since Sep 2021. In between this a strong support and resistance formed where 2200 act as a support and 2800 as a resistance. Last week a bullish candlestick pattern formed in Reliance called Classic Morning Star at support level. Here are the characteristics of a classic Morning Star...
USDINR - Ascending Triangle Formation is complete only waiting for the breakout. Which side breakout will happen? 1. Upside 2. Downside
Formation of ........ Chart Pattern. Choose the appropriate one? 1. Inverted Head and Shoulder 2. Head and Shoulder 3. Head and Shoulder Top 4. Bullish Head and Shoulder
Nifty has recently tested the Budget Day (1st February) Low. RSI is heading towards north and ready to break the previous high. It shows the strength is bullish. Nifty has bounced from budget day low with strong base forming bullish chart pattern called Inverted Head and Shoulder. Nifty is at important level forming a rounding pattern and pattern will activate...
RHI Magnesita is in uptrend forming Higher High and Higher Low in longer time frame. Price has revered from important and Golden Ratio of Fibonacci - 50 and 61.8. In shorter time frame it formed Inverted Head and shoulder chart pattern which indicate that price will continue their uptrend in shorter to mid term trend. If price pierce the neckline above 645 then...
Bosch Ltd has formed inverted head and shoulder chart pattern and attempted to rise after the retest level. Please share your comments. Thanks
Head and shoulder chart pattern formation is done in Sigachi Industries. Waiting for closing above neckline/confirmation line. Thanks for watching video.
Bullish Head and shoulder chart pattern formed in Bharat Forge and Target done. Classic example of Head & Shoulder chart Pattern
Bullish flag chart pattern has formed in HDFC Bank and also we have seen the breakout yesterday. During the flag formation, we have observe the volume is going down, indicating that the bullish trend will continue. Breakout of bullish with volume indicate a good sign and also RSI is above 60 so the momentum is also available. Levels are mentioned on chart, For...
AVT Natural has formed a bullish head and shoulder chart pattern and ready to break the neckline. If neckline break and sustain that level then we can see upside momentum. Chart pattern is in progress so be careful, do not rush to trade. Wait for the confirmation line breakout then we initiate a long position.
SJVN formed a bullish flag pattern and right now break the high, waiting for closing above the confirmation line. Low risk high reward trade. Risk se ishq nahi, profit se karo.
Bullish flag chart pattern is forming in TVS Motor, Waiting for upside breakout. RSI above 50 indicate the momentum and strength are positive 20 EMA is acted as support, today All moving averages are rising upside, showing that the trend is up.
TVS Motor is in the formation of bullish flag chart pattern. 20 Period EMA is just below the current price act as a dynamic support. All important moving averages likes 20, 50, 100 & 200 are placed below the current showing that the uptrend is still intact. Flag pattern formation is going on and in this period RSI adjust from oversold to buying level
Dear Chartist, trader and investor, Deepak Nitrate is moving upward and follow the Dow Theory Tenant - Higher High and Higher low and today break the previous high and entered into suppliers zone. Waiting for through back and then entered into a long position. All the details are mentioned in charts.
Tripple Bottom chart pattern completed in hourly timeframe. Price has retest/pullback the trendline RSI above 50 indicate the price has good strength to go higher in upcoming days Details are mentioned on chart. Please go through the chart.
TVS Motor forming a cup with handle chart pattern. ADX in between 20-25 showing the strength and possible to give breakout. Waiting for price confirmation over breakout level then after will update the trading levels.
Orient paper is ready for breakout the downtrend line.