NeeteshJain

NeeteshJain Updated 

It is been observed on the daily chart that the price action was trading below downward trend line indicated downward trend. Now, It has broken above the downward trendline, indicating a further move up to 23.8 fibs levels. Target 1: 464 Target 2: 474 Stoploss: 440

NeeteshJain Updated 

It is been observed on hourly chart that the price action is forming a Cypher Pattern formation. Target: 379 Stoploss: 372

NeeteshJain Updated 

It is been observed on the daily chart that the price action completes a bullish Cypher Pattern by reching 78.6% retracement level of (X-C) indicating a bullish move ahead. Target: 158 Target: 160 Stoploss: 148

NeeteshJain Updated 

It is been observed on the hourly chart that the price action fails to close above crucial resistance levels of 1220 and now it shall further dip down to cover previous gap of 1188. Target: 1190 Stoploss: 1220

NeeteshJain

The Cup & Handle pattern is one the most common and favorite patterns among the traders. It is another time-tested pattern that has created valuable gains for traders and investors. It is known as a bullish continuation pattern and resembles the shape of a tea cup on a chart. Plot: First, it's important that there is an upward trend before the formation of the...

NeeteshJain Updated 

It is been observed on the hourly chart that the price action is trending in upward channel indicating a further move up to the previous resistance levels of 1112-1120. Target: 1108 Stoploss: 1060 Risk Reward 1:1

NeeteshJain Updated 

It is been observed on the daily chart that the price action breaks above the descending triangle which indicates a big move to upside ahead. It shall take prices up to the next resistance levels of 121. Once it breaks above that then it may rise further up. Target (1): 121 Target (2): 122 Stoploss: 118

NeeteshJain Updated 

It is been observed on the daily chart that the price action forms a two harmonic patterns. 1. Bearish Crab Pattern 2. Bullish Cypher Pattern I have covered different harmonic patterns in the educational series which you may find in below attachments. I shall be sharing an educational post on Crab and Cypher patterns by this weekend for better...

NeeteshJain Updated 

It is been observed on the daily chart that the price action reaches to the strong support levels and completed a ABCD bullish pattern. It is indicative of an upward move ahead. It shall reach to 38.2% retracement of A to D leg. Target (1): 18600 Target (2): 19000 Stoploss: 18100

NeeteshJain

It is been observed on hourly and Daily chart that the price action forms a Descending Triangle by making lower highs and horizontal support. It is indicative of the big breakout and a big move from here on.

NeeteshJain Updated 

It is been observed on the hourly chart that the price action making higher highs and higher lows indicating a uptrend move ahead. Now, it shall move up to the next resistance zone at around 8210 levels. Target: 8210 Stoploss: 8130

NeeteshJain Updated 

It is been observed on hourly chart that the price action breaks above the triangle indication a bullish move ahead. Target: 165 Target (2): 166 Stoploss: 162

NeeteshJain Updated 

It is been observed on the hourly chart, that the price action is facing a selling pressure at 817-807 resistance levels, and now it shall further dip down to 50% Fibs retracement levels. Target 1: 755 Target 2: 744 Stoploss: 801

NeeteshJain Updated 

It is been observed on the daily chart that the price action reaches to resistance levels of 928-938 levels where it made a double top and facing a selling pressure as the prices dipping down and failed to break over the resistance. Now, it shall further breaks down below. Target1: 900 Target2: 880 Stoploss: 942

NeeteshJain Updated 

It is been observed on daily chart that the price action forming an Ascending Triangle, indicating a big move ahead. Regards

NeeteshJain Updated 

It is been observed on daily chart that the price action breaks breaking below the crucial support levels indicating further fall down. The price action signals that sellers are in dominance of the prices levels and now they may take to the next support levels around 603-600 levels. Target: 603 Stoploss: 645

NeeteshJain Updated 

It is been observed on daily and weekly chart that the price action making lower highs and lower lows indicated a downward trend. Now, It is also been observed that the price action completed Wave 4 and now it is in progress of Wave 5 in the prevailing downward trend. For last two trading session, it is been bearish when Marked acted positive. I believe sellers...

NeeteshJain Updated 

It is been observed on the hourly chart that the price action breaking above an Ascending Triangle formation, indicating a bullish signal ahead. It has broken the previous resistance levels of 1830-1840 which also indicates and confirms a bullish signal ahead. The target is been measured as per the triangle formation guidelines which also confluence with the...