ManikandanElango

ManikandanElango

NSE:TITAN TITAN-Breakout above 900 give 920... Gud uptrend in 1D TF also,..

ManikandanElango

NSE:BAJFINANCE Long term trendline retest is happening... Short below the trendline... with previous candle high as stoploss...

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NSE:YESBANK In previous support, Three inside candles and Symmetrical triangle,... More chances of breakdown...

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NSE:HDFCBANK After a long time...Evening star in a uptrend... Breaking 2135 will lead more downside... Bearish divergence in RSI...

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NSE:VEDL LL/LH formation in progress.... LH formed... Now in trendline resistance.... RSI in Ascending triangle... Expecting a downside breakdown... RSI is in overbought level in 1hr TF, but in 1D TF RSI is in Bull zone above 50, which indicates, bulls active in VEDL.

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Trendline support

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Perfect short... all levels is shown in horizontal lines..

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BANK NIFTY RIDING IN A DOWNWARD CHANNEL

ManikandanElango Updated 

Trendline breakdown.. Next target near 2010 and 2000..

ManikandanElango

Points to note: 1. Price at support and momentum at bearish area with rejection from trendline 2. Previous flag breakout failed and hence formed a potential cup and handle 3. D candle is indecisive 4. Price is at support of last two years, breaking will create havoc 5. Blue lines show potential supports.

ManikandanElango

Points to note: 1. Took support from Trendline and 50ema 2. Wait for the trendline to get broken, then short. 3. currently at small resistance but no clear signal of reversal. 4. Momentum at previous resistance.

ManikandanElango

Points to note: 1. Good momentum 2. Broke previous swing higher high 3. No sign of reversal 4. If that green line is broken then long for first target at blue rectangle and then second green line.. 5. If reversal is seen short for targets at orange lines..

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Points to note: 1. Bearish flag 2. Flag target - 0.7 3. RSI can take support near 31 level. 4. Price rejected from 50EMA

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Points to note: 1. Near 200ma(can act as resistance) 2. Previous Swing higher high is not broken, Evening star is formed. 3. Lot of divergences seen 4. Momentum inside a channel and price is near a trendline. 5. Price breaking below trendline and momentum breaking channel is potential candidate for shorting. 6. stoploss can be previous higher high for target of higher low.

ManikandanElango

Exactly in the previous support... Points to note: 1. Death cross. 2. RSI at 35.774 acted as strong support for the past one year which after death cross is broken 3. RSI at 35.774 can act as resistance. 4. If price moves up from here can form double bottom and bullish divergence. 5. can be shorted at 50ema or 200ma(if it reaches)

ManikandanElango

Bullish divergence is present in support which is a strong signal.. But confirmation is pending.. Next resistance is present near 1.17 and also momentum resistance... Some event is coming.... do trade keeping that in mind... Death cross... so i prefer selling when price reaches around 200ma... FX:EURUSD

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HNS pattern in formation...

ManikandanElango

Check previously highlighted portion in green color, price consolidation below 20 RSI and breakdown... expecting similar thing here also.. price consolidation and momentum correction and then breakdown..