ChartShala

ChartShala

#stocktowatch - Cup & Handle formation - Symmetrical Triangle - Volatility contraction - above all avg. in Daily tf - Bullish RSI Disc : - Let the Hourly Candle Give BO on Closing basis with good volume.

ChartShala

- After facing rejection at the ATH, the stock took support at Fibo 50% - Formed Double bottom - ascending triangle - H & S Pattern - Big volume bars showing Good demand - Not falling in this weak market as well - inverted hammer which can be formed to check the selling pressure. Disc : Keep the stock in your watchlist.

ChartShala

- After a downtrend the stock is forming HL and HL - Weekly BO in progress - massive Volumes

ChartShala

- after a good BO the stock pulled back with dried up volume and now rejected at the retest - Increase in volume

ChartShala

- Inverted H&S after a Downtrend - Break out given - Volume increase at the BO

ChartShala

- Inverted H&S formation after an uptrend - about to complete the pattern - Keep in your watch till the time it takes the neck line

ChartShala

- Double Bottom after a downtrend - big volume BO and then volume dry up during pull back - Volume increase and rejection at the retest - Inside bar

ChartShala

- Huge Volume support when it broke the Major support - Bears are trapped - Minor TL has been taken which shows bull strength - Neck line is not broken yet so wait for it to be taken with good volume

ChartShala

- Rejecting strongly at the BO Zone. - Bullish engulfing candle - Good volume Build up

ChartShala

- BO with big volume but it has an upper wick - Volatility contraction - Can also be seen as a Cup & handle pattern

ChartShala

- Double bottom after a downtrend - Cup & Handle at 2nd bottom with volatility contraction during handle formation - RSI Divergence Tip : - Wait for a strong BO

ChartShala

- H&S BO with massive volume - A significant upper wick shows selling pressure is still there and in 15m tf it has formed a Lower High - keep a close watch tomorrow, i thing it will retest the BO zone - Make sure there is a rejection candle if you plan to enter in a trade

ChartShala

#nifty around retest zone - Keep a watch on it and check if it gets rejection from here. - It should spend some time at this point. - If it has to go up from here don't expect a V shape recovery.

ChartShala

- Gave a Strong BO of rectangle + TL - Big Follow up volume - Pull back with dried up volume Disc :- Wait for a strong rejection at retest

ChartShala

- After a down trend the stock is forming a H&S as base - Can also be seen as C&H pattern - Volatility contraction during right shoulder or Handle - So many inside bars Disc :- wait for a Strong BO that takes the high of the Mother Bar which is 477.90

ChartShala

- Trading in a symmetrical Triangle - Making Higher lows - Big volume buying at the support with big bullish candle

ChartShala

- After an uptrend the stock consolidated in an ascending triangle - Gave a Strong BO with last moment strong demand - Volume Picked up on BO

ChartShala

- Inverted H&S with 2 Left and 2 right shoulders - Price building up at the neck line - HL and equal highs makes it an ascending triangle Disc :- This is an weekly chart so wait for an Weekly candle to close above the neck with strong volume