Risky short trade. A red candle in yellow zone will only activate the trade. Else can be ignored.
Can get few quick points in correction leg.
Bearish Wolfe wave with double top pattern.
For confirmation price has to go inside the channel signaling a false breakout scenario.
Clear buy above 130. Good positional trade with favorable RR
Stock has been consolidating well for past few days, any candle above yesterdays closing level will attract buyers and push the price up.
Ascending triangle pattern formed.
A wolfe-wave with Double top setup. RR is high.
Invalid above todays high(1937)
Breakout in smaller channel. Upper trendline acted as resistance multiple times.
Any upmove can result in a good trend till previous high.
Pattern is activated. Expected a pull-up till 40600 and forming double top before falling. Target till previous gap (39400-39500).
Moving in a channel. High probability of breakout to upside
Breakout and consolidation near previous resistance.
Can go near previous high, risk reward is very favourable.
Retested the trendline and closed above it. Expecting higher high soon.
Price can soon make a Higher High, retest and good closing in Daily timeframe
Almost a textbook reversal pattern is formation, might take few months to complete. Just for tracking
Good falling wedge pattern. Bullish breakout possible soon
Wave formation is almost complete near demand zone.
Favorable risk reward
Bullish wolfe wave pattern/ Falling wedge.
Risk reward is good
Bullish reversal pattern.
Risk Reward is favorable for this trade.
Right shoulder is in formation. Hospitals and Pharma rally is over since COVID numbers are decreasing
Banknifty can soon switch to sell on rise mode. Can short will recent high as SL