SaversPoke

SaversPoke

BankNifty has been forming head & shoulders pattern in hourly timeframe and it completed the formation of the current pattern and its on verge of the breakout above its neckline What if it breakouts above the neckline - We can go long by buying call option, shorting puts and longing future and can target for 44k intraday and more if have potential to carry...

SaversPoke

Tata steel has given a weekly breakout of around 5 week consolidation. This can be a good short term trade if played out well can give a good targets.

SaversPoke

BankNifty Higher timeframe Trend analysis.. The details of the Trend analysis are on the charts. Thanks

SaversPoke

Nifty Higher timeframe analysis.... There has been a good selloff after a huge upside rally in Indian indices. The waves of the selloff was cooling off and bulls & bears had a fight in the yellow market area and it potentially formed a inverted head & shoulders in the bottom and trying to make HH & HL If NF manages to close a daily candle above 17750 then this...

SaversPoke

Bajaj finance created a inverted flag and pole, wherein after breakdown it gave a good selloff target of around 8.80%.... Another inverted flag and pole is in formation, lets see the this time its a reversal or history just repeats.. NOTE : The following analysis is in 4HR timeframe, so if we get a breakdown of this pattern, the entry and exit should be based...

SaversPoke

In 1D tf it has formed a double bottom on the resistance turned support area which can work like charm if played out well. Can combine with the 1W cup handle for a good swing trade. (Link for 1W cup and handle analysis is attached).

SaversPoke

Gold has formed a cup and handle pattern in weekly timeframe since Sep'2020. Can give a good upmove amid a good breakout of the pattern. Also, the short term look of the stock market is bearish, so as gold performs usually inversely to that of worldwide stock market.

SaversPoke

Gail is forming a cup and handle pattern..... Can give good returns for a swing trader if played out well.

SaversPoke

Sunpharma formed a cup and handle pattern since 2015 and its on verge of giving a breakout... probably touch ath after giving breakout.....

SaversPoke

Intraday Trade Plan for TataPower: TataPower has been consolidating for the whole previous trading day. Can give a good move after breaching the box and Target can be set based the marked levels. RR to be considered should be atleast 1:1.5 . Note- If it opens a big gap down or gap up like above 1-1.5%, just ignore it. Disclaimer: This is NOT an investment...