Best example of "W" pattern Last candle has big engulf and closed above mid of W Very Much thankful to ASTA
Be careful!!! Might be profit booking will start Buy on Deeps
Fabulous structure of reversal Expected to come down till 2576 Fib ret 0.5 level If daily candle closes below yesterday’s low then can see good downward movement
On daily chart double top Gone down below mid of M with confirmation candle Yesterday came for Entry Good to sell below green candle low RSI with divergence this is one more confirmation Very much Thankful to ASTA
On 5th September good bullish morubozu candled formed On 6th September came for Entry On 7th September again Bullish Morubozu candle Good to entry on deeps
On daily chart Flag and pole Nice breakout 1st target Flag height from Apex 2nd target Pole Height from Apex
The Best Example of FLAG & POLE on Weekly chart Ready to breakout its all time high Very much Thankful to ASTA .
Weekly Cup and Handle break out and very small Handle break out Very nice structure and will get very nice returns but it is LONG TERM INVESTMENT scrip Very much Thankful to ASTA
On Weekly at Major resistance Form Hanging man at Top which is bearish indication When price will break down low of Hanging Man then Good Down fall will be expected. On Daily chart One Immediate support is at 1820
Flag and Pole on daily chart On 30/8 price closed above flag edge Pole height is too big First target will be flag height from apex of flag
Nifty is in Correction Mode Triple top formation - Higher Lows is formed if TODAY (10/5/20222) closes below 16156 (FIB RET level 0.786) then expected to come down till FIB RET level 0.618 ie 14280
There is huge scope to come down in Nifty-IT mostly WIPRO, INFY TCS will come down drastically
Maruti 1st Target 7018 2nd Target 6951 3rd Target 6781 if it will reach up to 6536 then its good for Long term investment Either buy PE or Sell Future
On Daily Chart IBULL is in Range (212-230) RSI is above 40 means Upward movement is expected Demand Zone (212-218) When it will close above 230 then Big Move is Expected
OnDaily Chart forming "W" pattern though price is below 200 SMA, its crossed 40 RSI hence indicating to go up side. There are 2 Targets
On Daily Side Ways When Daily Candle will closes above 180 then Up Trend will start Next Target will be 215 for GAP Filling
On Daily Chart - Cup and Handle formation completed hence entry above 2045 SL 1945 Target 2245
If 15 Min Candle closes below 38510 then it will come down till 38200