SunilDhawan

SunilDhawan

PNBHOUSING is forming triangle pattern on hourly chart. it may give quick move in coming days. 4 digit coming.

SunilDhawan

wonderful parallel channel formation. It may try to test the upper edge in 12-14 months

SunilDhawan

though it took complete 25 year but parallel channel completion truly gives satisfaction. This journey has been really great when I added at 1200 in 2019. Though I don't have any tgt left but money has given 350% absolute return

SunilDhawan

though it took complete 25 year but parallel channel completion truly gives satisfaction. This journey has been really great when I added at 1200 in 2019. Though I don't have any tgt left but money has given 350% absolute return

SunilDhawan

past 2 year during the interesting bull run, price has formed a parallel channel. recent up move was the breakout from the channel and retest of the breakout is also done. In weeks to come we may expect 25622 to be tested.

SunilDhawan Updated 

GODFRYPHLP

SunilDhawan

What has started in Oct 2023 has formed a parallel channel. It has completed one of the target given in Aug 2023 for 40904. from 35210 on 8th Aug 2023 to high of 41096 and highest closing of 40842 cmp 39737 Now going forward we may expect selling continue until 37100 35500 is good support for pull back, at the same time it is the lower edge of the channel....

SunilDhawan

This has been a tough IPO stock but we are able to hold it because it was offline account. It has formed parallel channel since listing. hopefully it may test upper edge of the channel

SunilDhawan Updated 

After long consolidation in last 2 year it has given trendline breakout that too on weekly chart. 1400 is imp level that needs to be supported

SunilDhawan

ACE cmp 1392 wyckoff distribution schematic #2 events and phases

SunilDhawan Updated 

Copper has given good run up in past 10 months. now is the time for take a breadth and do some sideways movement for few months then take up the next up move. 790 - 760 may not break during this retracment

SunilDhawan

If we follow this approach does this means bulls are done with the current up move. and they needs to relax before starting next move

SunilDhawan

GODREJIND has been into parallel channel past 15 yrs. sideways movement in past 7 years was helpful to cool down the stock as disparity was high with 2 yr horizon this may be good

SunilDhawan Updated 

RVNL has given ideal structural up move since Sept 2022. And every move has been giving arnd 150% up move. hopefully this move repeat the process

SunilDhawan

Distribution Schematic( 1 or 2): Wyckoff bearish This is just phase 2 right now. It will take still few weeks and yet to confirm whether stage 3 will be Schematic 1 or 2. I am trying new approach to highlight wyckoff, hope this works well.

SunilDhawan

What do you call this bearish pattern again 1770 created problem

SunilDhawan Updated 

Past one year is forming a parallel channel once daily closing above mean area then we may expect touching upper channel

SunilDhawan

In last 4 year after giving good run up it is not distributing by forming head n shoulder any closing below the channel would be selling