Jainshashwat

Jainshashwat

A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs. Script = Reliance Time Frame = 15 min

Jainshashwat

A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears. Script = HCL Tech Time Frame= 1 day

Jainshashwat

-Hammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow. -The hammer candlestick occurs when sellers enter the market during a price decline. By the time of market close, buyers absorb selling pressure and push the market price near the opening price. -The close can be above or below the opening price,...

Jainshashwat

-A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height, and the middle is the highest. -A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal. -An inverse head and shoulders pattern...

Jainshashwat

A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.It is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. Script = Kotak bank Time frame = 1Day

Jainshashwat

A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears. Script = Bandhan Bank Time Frame= 1 day

Jainshashwat

A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.It is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. Script = Balkrisind Time frame = 1Day

Jainshashwat

We can easily see the chart of DIVISLAB forming the 'W' pattern. We can buy when there will be one green candle on the support of rectangular box. How to buy the stock? Buy above the high of the candle and put the stoploss below the low of the candle. Target of this trade will be 1:3.