- 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
After Taking the support at the TL it has formed a HnS
#KPITTECH 1. C&H pattern BO 2. In Monthly tf it is a 3 months consolidation BO 3. Tight Volatility contraction during Handle Formation. 4. RSI is Strong in all bigger tf. Negetives 1. ATH resistance Nearby.
#HINDUNILVR 1. Cup & Handle formation 2. Creating HL towards the Neck line, which shows the buying strength. Keep in your watch and wait for the neck break with strength
1. In an uptrend with HL & HH formation. 2. Currently at the support. 3. In hourly tf it is forming a C&H pattern, at the same time respecting a small TL as resistance 4. Staying up even after 2 days of aggressive fall.