Candlestick Chart Pattern - Shooting Star Relevance - It is a reversal pattern after a bullish/bearish momentum gets exhausted in the market. The above chart is for observation and learning purposes only.
Candlestick Chart Pattern - Shooting Star Relevance - It is a reversal pattern after a bullish/bearish momentum gets exhausted in the market. The above chart is for observation and learning purposes only.
Candlestick Chart Pattern - Shooting Star Relevance - It is a reversal pattern after a bullish/bearish momentum gets exhausted in the market. The above chart is for observation and learning purposes only.
Candlestick Chart Pattern - Shooting Star Relevance - It is a reversal pattern after a bullish/bearish momentum gets exhausted in the market. The above chart is for observation and learning purposes only.
Candlestick Chart Pattern - Shooting Star Relevance - It is a reversal pattern after a bullish/bearish momentum gets exhausted in the market. The above chart is for observation and learning purposes only.
Hi Readers, TataMotors has a strong past of following the chart patterns very accurately. (For ref. please refer to the idea linked below). As indicated in the chart, the script is at a very crucial point from where it has a high probability of breaking down. We do not have to trade in haste as there is always enough time to grab any opportunity in the markets....
Hi Readers, The time-frame chosen for this analysis is weekly because it erases a lot of noise from the chart and helps us understand the structure and the sensitivity of the patterns better. The candles have been neutralised as well to help us analyse the script better as it equates everything to a single unit. The script AdaniPorts has been inside a range...
Hi All, This will be a positional trade if target isn't achieved in intraday. Will keep updating on the position.
The trend usually slows down near 100 & 200 DMA and sets up a trap for bulls/bear before moving sharply in one direction. Now that we know the property of the chart the direction is to be analysed. With recession becoming the word of the year in 2022 the Fed and the US Govt are trying way too hard to change its definition only to keep the markets feeding for a...
Trade Levels are given on the chart. Sound Technicals and positive volume can initiate a good momentum in a few days.
Range Bounds movement is expected in the coming weeks. Nifty is slightly bullish above 17,180 and sell on rise below 17,180.
Any pattern in a higher timeframe works out very smoothly. Here the Double Top Pattern took 7 years from the making to the execution and now the stock has been rising very steadily with growing volumes. The technicals of Tata Motors are backed by the rapidly growing EV business and a fast adaptation of the same in the country. Technical Aspect As this platform...
Given the Covid situation, 2023 is going to be really good for pharma co.s. Levels for the stock are given in the chart.
The stock has broken a negative pattern early this year. Now aggressively making new highs. Good buy for the short-term time frame of 3 to 6 months. Look for intraday pullbacks for entering.
The script is showing good strength but too much resistance can be a hurdle for the stock. If the strength is really good enough the resistance won't matter much. A minor flag pattern is on its way.
Entry/Exit on the chart. Buy - 310 SL - 280 1st Target - 400
US Oil is facing resistance on a long Trend Line. Oil will reverse from this point which tells us a lot about the industry in general. How the world is shifting towards electrification and adapting to the new electric revolution in the auto sector which is the major consumer of oil. Dependence on Oil will decrease from here on. There are no new consumers rising...