Banknifty is forming a huge head and shoulders on 4 hrs chart. the targets from the breakdown points is approximately 4000 pts #banknifty #Selloff
On a 2 hour time frame there is a slanting inverted head and shoulders pattern in formation. Please note that the break out can take some time and a close above44400 is required. The targets can be 46200. If you read and follow do boost for your support. For Retail by reatail
Inverted cup and handle pattern on Banknifty 15 mins chart. Stop Loss can be 43524 and trade can be initiated above 43626 and targets would be 43950-75
Nifty has almost formed inverted head and shoulders on 2 hours chart with neckline at 19836 and shoulder support at 19674. One can go long on close above the neckline for targets of 20800 in short to medium term. StopLoss for this Long trade will be hourly close below 19674.
Nifty is trying to form inverted head and shoulders on daily time frame, but it's just an assumption or else it can go to retest the October lows
There is a clear head and shoulders appearing on Banknifty. 4 hr time frame. The targets of which can be 43250 (200dema), 41200 and 39300. This is positional view and all upticks are sell with SL at 44586. There is also a clear double top on daily charts.
There is a clear double top in Banknifty and one can short Banknifty on close below 43650. Possible targets 41200 and 39300
On 2 hours time frame DOW is forming inverted head and shoulders, a breakout will be confirmed on close above 33850. The targets on the upside can be 34700
A slanting channel on 2 hr time frame, a break out of which can lead towards 620 area and drop from the channel can bring the price to the lower end of the channel or the buffer support area. Beyond which it can retest 550-555 levels. but on the larger Daily Time Frame, its a head and shoulders in formation and a breakout of which will come above 620. Do like...
The great N appears on Brent CRUDE with 100 Dema crosses over 200 dDema. #crude #oil
DJIA Breakdown of head shoulders on daily charts. Any uptick towards the neckline is a sell. Expecyleveks of 32200 / 32500
This FMCG giant is consolidating in the range of 2428-2723 from a long time. It is near the support levels. If there is a close below 2428, there can be a new downside in this counter. But if it sustains 2428 on closing basis then we may see 2723 again
ICICIBANK has broken out of cup and handle. The breakout has also been retested. The target for this breakout is 1120.
HDFCBANK This giant is still stuck in a range and a tough resistance lies in the zone of 1702-1723. On weekly chart, three white soldiers have appeared. So this can easily travel to congestion zone. A breakout above the congestion can fime further rally rally towards 2200.
Head and shoulders in making, a break below the necline can bring in some correction, Just chart, charts speak
Hello, Dow has been running in a downtrend channel since September 2021. For once, it broke out of the channel in January 2022 and made an all time high. Though this move couldn't sustain and the price started in the downtrend channel again. Dow looks bullish on close above the channel and a follow through.. If we take another trend line matching the tops from...
On daily charts there is gap around 4200 and 4284, it can go and fill the gap first. it's just a prior assumption.
Dr Reddy's piercing line pattern on weekly charts. Also there is bullish engulfing on daily charts, any upmove on Monday will confirm further move. First resistance zone seems to be near 4200 and 4284, if sustains above that then 4400 in unavoidable.