- BO of the H&S Pattern but the volume is not that significant - Wait for weekly candle to sustain above the neck line and that will be a Weekly BO as well - Slight increase in the volume
- Forming H&S and C&H pattern - Volume dry up during handle formation. - BO is yet to come keep on your radar
Inverted H&S pattern - One of the most powerful reversal setups H&S - Can Consider a C&H pattern as well where The handle is being formed. - Remaining explanation at the Chart itself Disc :- Wait for the BO
#HAVELLS Weekly - Symmetrical Triangle - BO in progress in Weekly but Done is Daily tf Negetive :- -Volume is missing.
- Gave a BO with massive volume and candle - Moved up and then came down to retest the BO zone - Now rejecting from the support zone and Breaking the TL - Slight increase in the volumes
- 1st it came out of the Symmetrical triangle with good volume and then rejected and came in to the triangle due to weak market and took the SL of the buyers - now again giving BO of the same pattern with good candle.
- Forming Flag and poll pattern - good volume dry up during the flag formation. - Let it close over the TL with good volume and candle
- 1st the stock gave a BO of a HnS formation and then fell below the Neck line with good candle and volume, and Hit the SL of the Buyers' and trapped the sellers - Now again giving BO of with with fully engulfing the Previous candle
Jamnaauto Giving BO - Good volume on BO - At the support
- Cup & Handle formation and right now at the neck line - on Failed BO candle which tested the sellers' strength - Looking strong
- After a Good run up the stock went into the consolidation. - Took support of Fibo 62% - then formed the Cup and Handle - There can be seen good volatility contraction in the handle - A good volume weekly closing above the neck line of the pattern.
- Gave a BO on Weekly basis - Sustained above TL for 2 Weeks and retested the BO zone - A good Weekly rejection candle formed.
#AXISBANK Weekly - Retesting the BO zone - Making a indecision Weekly candle Disc :- Let is reject 1st and then look for a good setup.
#nifty50 Weekly - At the retest Zone - Forming indecision candle - Break down means it is entering the channel and then may test 16800 level.
-Ascending triangle Breakout -RSI is looking Bullish -Increase in Volume
#GNA (weekly) 1. Cup & Handle pattern BO in progress. (Weekly candle yet to be closed) 2. Volume Dry up during handle formation and low of the cup. 3. Correction till Fibo 62% Disc : Wait for Weekly candle to close above neck line.
-Nifty is down and around the retest Zone. - @ Fibo 62% support as well.
Bank nifty is holding Fibo 61.8% level but it is quite volatile at the moment