Cfa_Arvind

Cfa_Arvind

Hindustan Unilever formed double bottom chart pattern and ready to breakout upside. On closing basis above Buy Above 2120 Target 2360 SL below 2030

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Kotak Mahindra Bank reached top in the end of October and at the top we found a bearish candlestick called Shooting Star. Price keep on falling after the formation of shooting star and trend is downward - forming lower highs and lower lows. Overall scenario is negative like trend is downward, price is below all major moving average, falling window and so...

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Bullish chart pattern - Inverted Head and shoulder pattern formed in Vidhi Specialty. If we observe at the time of Head formation of bullish chart pattern then we found that bullish candlestick like inverted hammer with bullish engulfing. Inverted head and shoulder chart pattern completed on Friday when price pierce the neckline 385 20 period EMA is near by...

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Max healthcare formed a rounding pattern on top and breakout above 410, confirmed that pattern will continue upside. After two months of sharp correction, price formed base around 320-330 level and then start moving up making higher high and higher low. RSI above 65 is also the strength. One can make a long position on Max healthcare for the target of 480, with...

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# Philips carbon is showing strength near support level 217. # Positive RSI divergence can be seen in the month of November and December. # A bullish chart pattern inverted flag pattern formed at important support level 217. # Breakout above 235 can give a new buying opportunity for target 277. Buy Above 235 Stop Loss below 216 Target 275

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Short term rounding chart pattern formed in hourly time frame. Please wait for breakout above 201 then buy for first target 230 and one can expect to achieve our first target by December 28, 2021. If our first target achieved successfully and price break 230 on closing basis then one can expect to achieve our second target 270. Timeline to achieve our 2nd target...

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Bitcoin formed a bearish reversal chart pattern called double top. Double top chart pattern is completed in five weeks and also got price and volume confirmation. Sell below 57800 Stop Loss 67500 (SL above shooting Star) Trail SL 61200 (If price goes below previous low dated 22 Nov 2021) Target 48000

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Shooting star is a single candle bearish reversal formed at the top. Previously shooting star formed in the month of January 2021 but unable to reverse the trend. This time scenario has changed, if we observe chart structure then definitely price is moving up but volume is going down, volume did not confirm the price rally. Closing below 17400 confirm the bearish...

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Nifty reached on crucial support zone 18100-18000, nearby support nifty formed hammer a single bullish candlestick pattern. If nifty sustain more than 15 minutes above 18150 then high probability to achieved 18300 and next target would be 18600. From current level risk reward is not favorable, so not recommended to enter into new trade, but if you hold any long...

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EURINR is in downtrend from last six months and if we observe price action closely then we found morning star at the bottom. 85.50 is a very good support zone where you can add on dip. 85.50 is a strong support zone where we see good demand and price rise earlier. Now we can say that history repeats itself, its a high probability that price can go higher as per...

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JPYINR started falling after the formation of double top @ .7175 level. It is in downtrend forming lower high and lower low. But If we analyze the current chart structure then we found double bottom chart pattern and bullish engulfing at second bottom. It is a good time for accumulation. If price sustain and go above 20 EMA then we can expect to touch or cross...

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>> After strong upside movement in GBPUSD now started forming lower high. >> GBPUSD is taking support near by 1.36, which is also a important level of Fibonacci Retracement 38.2% >> Price start moving up in mid of july after formation of Bullish engulfing but fail to make higher high. >> Price again start moving up by forming morning star near the support of...

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Dhanuka Agritech started to fall after formation of Shooting star candle appeared on the top in the month of July. After sharp correction, price are consolidating near the Fibonacci Golden Ratio 61.8%. Small rounding pattern formed at important retracement level and support at round number 800. Rounding pattern at the bottom is indicating the weakness in seller...

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Inverted head and shoulder chart pattern formed and today we see breakout of neckline with good price and volume. Price start advancing after formation of bullish engulfing at support level 375. Exponential Moving Average 20, 50 and 200 start converging and try to tight knot at current level from below is a good indication of accumulation and we can expect a...

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LIC Housing Finance - Inverted head and shoulder with rising low. Buy Above 412 Stop Loss below 400 closing basis Target 1 - 445-450 (Minor resistance) Target 2 - 460 (As per measurement rule) Target 3 - 475

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We observe the overall chart structure of Tata Motors Ltd is bullish and formed double bottom near the support zone at 280. Primary trend is bullish, and price has corrected sharply and established short term bullish chart pattern "W" Pattern at the bottom. Its a combination of Double bottom and W Pattern. Buy above 308 SL below 279 1st Target 328 2nd Target 357

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JSW Steel formed Double Top chart pattern after a long rally. Chart pattern complete in three months time frame. If we observe candlestick chart carefully, then we get variation of evening star at the top of chart. Our view in JSW Steel is sideways to negative. If price goes above double top then chart pattern will not be valid. Sell below 747 Stop Loss above...

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Cup with handle pattern