ITC came out of the downword channel. Friday closing would be imp. Keep watching. Can replicate the pattern exhibited in Cyan rectangle. If that happens then forming Double Bottom on this weekly chart. Please work out levels as per your RR. NSE:ITC
Very long term Channel, Again a co which as per me is investment class. But one you observe that M marked on Weekly chart has TGT achived now almost 1.272 Fib extn of last leg of M -- which is harmonic pattern. Again I do not know if that is bat or crab or butterfly. Keen observer may see similar M on daily just near first leg of M on weekly. Accumulation...
If one looks at daily, clear exhaustion of momentum. Similar pattern one can see on weekly 2017-2018. Used harmonics ( I do not what one calls it , to me all looks same , BAT, Butterfly - have mirror wings) to a more comfortable collction range. channel is LT so a stock like could be a looked as investment. Levels are determined as chart is showing and tools...
Hi, although I have liquidated most of GNFc between 215-218 but thinking to get again between 204-207 levels if it comes. MA is marked. LT 1st TGT is 292 which is very far way, intermediate stop can be at 250-256 level. GNFC has been in a long term downtrend and came out once it crossed 182-84 levels. SL can be 2 Rs or as per risk calculation usually 1% of...
Drreddy rounded bottom formation with 2nd FLAG formed after today's rise. Weekly shared for Positional/investment Own analysis of the chart is must, money is yours, spend wisely, trade as per the your risk capacity. Positional or Investment -- One can create entry tomorrow , keeping SL below yesterday dalily low Trade- Once it gives closing above today's...
TGT is based flag pole and coming out of downward channel. Can be flase breakout. Watchout and keep SL.
chart is self explainable. Keep SL tight
Ashokley likely formed double Bottom on weekly TF
Firstsource patter match exercise
Long above 2213-2226-2240 and short below 2150 levels. I am experimenting my levels and trying to see how good on charts they come up.
Hi, a symmetric triangle and a ascending triangle , identified earlier by many.
Escorts Cup and handle pattern on weekly. Upside can be easily calculated
details on the chart. targets are based on the current depth of rounded bottom, as it scales news targets will emerge.
Multiyear rounded bottom 10 years
Long target based on multi year rounded bottom 457.6
Weekly cup and handle , hourly ascending triangle
NBCC may touch 238 if breaks 257 on closing basis, if maintains the 257-258 then breakout above 265-268 may see new levels