India cement Chart shows Descending Triangle, Back to back Lower Highs with support at 90.
Multiple Tests will Break 90 and we should see 65-68 if the pattern works out.
65-68 zone is also Historical Horizontal Support area.
Tata motors Daily chart shows that the price is sitting on support at 160 levels.
At the same time, one can see Bullish Divergence which indicates a bounce from here.
If 160 level fails, Stock will find support at 134-140 levels.
Ascending Triangle in the making for BTC?
Setup Void if price falls Aggressively below 4050 without proper bounce.
If Setup works, i am looking for 5k+
An ascending triangle is generally considered to be a continuation pattern, meaning that it is usually found amid a period of consolidation within an uptrend, but it may also occur as a reversal pattern...
Titan Long TimeFrame Chart Shows Bull Flag. Stock is in Uptrend since Nov 2016 and Have formed a Bullish Flag pattern.
1000 Might be a tricky price zone which happens to be All time high(ATH). Once Broken with high volume, may lead to Price Discovery and New All time high.
Overall Titan looks bullish for long term.
Break out of this Triangle will take us to 4050 Region.
Breakdown of this triangle will take us to 3300 zone.
Reason to be Bullish: Strong Support at 3500 zone. Any dip Below 3600 is been bought Quickly with a bounce.
Reason to Be Bearish: Triangles in Downtrends usually Break down.
Balkrishna Brokeout today from 975 zone which it was trying from few days now.
A Retest of 975 area is possible in next couple of days. 975 Should Act as a support now.
Target is of 1025 and 1050. It may even try and fill the gap from 6th nov.
BEML Chart shows 2 red candles back to back after a month of upward movement from 520 to 780.
Strong Resistance at 780 area. If broken, Next target is 850.
Stoch RSI Shows overbought Conditions on daily. Price went up but Stoch rsi went down. Which in most cases is Bearish.
If BEML Breaks down as a correction, Support zones are 730,700,675 and 625.
A Triangle is Forming in BTC chart on 1H.
Breakout of this Triangle will take us to 4900USD
BreakDown with take us to 3500-3600 region Which may very well be the bottom of this Bear season.
BreakDown Chances are higher so keep an eye on it and act accordingly
India cement Bounced nicely today from 89 area. Which was the bottom of left shoulder too.
A Retest to 89 area is possible and stock may form right shoulder in this week.
Short term target is 99 which happens to be the neck line and if The Setup play out, Target is 115+.
Watch out for the Inverse Head & shoulder pattern which indicates the bottom for India Cement.
No Real Big Red Candle after a 30% upward move makes me feel like Dmart chart is printing a bull flag.
Setup Void if there is no breakout in next couple of days.
Short term Target on the chart at Resistance.