price facing resistance from 18 day EMA and pivot level bearish IB formation
price took support at trendline and horizontal support line at pivot level symmetrical triangle pattern MACD rising while price is static price closing above 3 week EMA after 2 months favourable risk reward ratio will it move quick to target? no has to cross multiple resistance levels might take considerable time
weekly chart shows bullish IB formation at 52 week high target and SL marked
bullish changes evolving 1. inverted head and shoulder pattern 2. breakout from descending parallel channel 3. inside bar formation above 18 day EMA 3. 3-6 MACD above zero 4. 12-26 MACD above zero and about to cross signal line upwards target and SL marked 10 to 15% gains on card
head and shoulder pattern at resisatnce level price reversing from resistance level MACD 12-26 is bearish target -520
price >3>18>50>200 day EMA MACD are bullish enter at 380 level
price below 50 day EMA hourly chart shows Head and shoulder pattern breakdown bearish sym triangle in hourly chart facing resisatnce neck line /pivot at 245 can fall down to 230 levels sl:245
head and shoulder formation at top in hourly chart , 18 ema has crossed 50 downwards price below 50 EMA after a month price below the pivot level as well bearish IB in houlry chart target :2550 sl:2690
price retesting the pivot levels, 200 and 18 day EMA 18 day EMA crossing 200 day EMA low risk entry target 1- 132
weekly chart shows IB formation likely to break all time high 10 % minimum target from current price
techincals are detailed in chart target 333 stop loss 320
Indiacem OFSS Divislab BPCL Bajajfinance Bankindia all are looking ultra bullish
bearish IB formation below the pivot line price RIS MACD divergence 3-6MACD below zero 12-26 MACD negative crossover
bullish changes evolving 1. inverted head and pattern 2. price crossing 200 day EMA with heavy volume 3.price bouncing from 2019 support level 4.MACD 50 -100 crossing zero line after a long timr 5.MACD 12-26 Above zero 6. price>18>50 day EMAs can acculmulate at current price for good gains
price facing resistance at pivot level Head and shoulder pattern formation MACD has turned bearish
bearish IB formation below 18 day ema 3-6 MACD below zero and signal line
price >18>50 day EMA but less than 200 EMA--moderately bullish price forming rounding bottom and likely to breakout MACD ,RSI are favourable target and sl marked