not a good omen for ADANIENT, H&S on daily with roughly 10 % depth
1. 78.6 % retracement on post covid fall rally 2. cup formation going on 3. structure change post 55 % price correction from highs
multiple breakout on monthly chart of tatachem 1. ath breakout 2. monthly supply breakout 3. support from 20 ema 4. rsi breakout
nifty has formed a hidden bullish divergence on daily time frame, dont short the rally yet.
1. Price sustaining above key EMAs and having close above them on larger timeframe 2. Reversal is forming
1. Price BO falling trend line 2. EMA squeezed and price sustaining above them 3. initial structure change sign 4. a good RR
1. perpetual uptrend 2. Cup (depth 2000 points) and handle (trinagular) 3. BO in last session
1. first sign of reversal with first HH-HL formed 2. Price closed above 20//50//200 dema 3. low cheat entry triggered
although the recent price action is overly bullish with circuit move but it has moved into a recent resistance area,
1. uptrend structure 2. trendline BO 3. ATH BO 4. previous resistance acted as support this is a technical view, as stock came first time into BO scanner I am not aware of it fundamentally StockEdge showing a good market presence with growing Sales and EBIDTA, ROE and ROCE are very impressive. If anyone has studied its fundamentals please drop there readings in...
1. all time uptrending stock 2. cup completed after a 15% fall (shallow correction) 3. RSI breakout 4. Price moving after a small base formation
1. bullish structure on daily and higher timeframe 2. close above 200 wema 3. price taken out previous high and broken trendline 4. potential VCP in uptrend
1. HH-HL formation under base pattern 2. Price close to recent formed HL
Cup formations with reduced volatility, currently price is coming out of base pattern within a cup.
1. uptrend intact 2. RSI took reversal above 50 3. RS positive 4. Price took support at 20 DEMA 5. Demand zone reversal 6. Fibo support of 61.8 % levels
1. price is attempting breakout of falling trendline 2. RS positive 3. Price formed a base between 20 and 50 DEMA with former staying over the later throughout 4. Sector positive and in uptrend
1. Sobha fell 60% from highs 2. first HH confirmation post fall on weekly charts 3. price sustaining above 20/50/200 WEMA 4. price sustaining above falling trend line 5. low cheat base breakout 6. 62 bars 432 days fall 7. 73% rise from lows 8. sectoral support
same setup as CNXREALTY wait for a retracement to 20 DEMA or fibonacci levels for a pullback