Tradersasi23

Tradersasi23

Flag pattern formed, wait for the break and enter for the target.

Tradersasi23 Updated 

Everything explained in the picture, please go through if you still find it difficult to understand let me know. Will try to answer your questions. If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button, Your Support is very much 🙏 appreciated!

Tradersasi23

Explained . . . :) One can expect the price to come back to the day support before moving up.

Tradersasi23

In higher time frame price following the channel pattern and in the above analysis price formed a pattern and its almost time to break. Two possibilities explained in the chart, just wait until the breakout.

Tradersasi23

Price struck at a small range for a couple of days and it has high probability to break the resistance and move up in the coming sessions. One can clearly see the triangle pattern marked exactly at the resistance. Wait for the price to break the resistance and go long.

Tradersasi23

Price formed nice pattern and the required breakout happened all the way form the support. One can see the resistance exactly close to the breakout level so price unable to move further up and struggling. The other thing to notice is ATH, price trading near ATH will have good resistance naturally. Lets wait and see how things move on from here !!!

Tradersasi23

Price in the process of forming Head and shoulder. Left Shoulder and Head part is over and if price falls down and reverses then one can expect the completion of the pattern and once price closes above the trend line go long for the target.

Tradersasi23

Price rejected from the resistance and formed Head and Shoulder pattern. Was at the target today and rejected exactly, after taking the support once again price moved up.

Tradersasi23

Price ready to break the pattern. Wait for the close above 1414 for long. Price after making a good fall forming a pattern to break the resistance and move further up.

Tradersasi23

Price after taking the support moves up strongly and breaks the long time resistance with super strong momentum. As usual price cannot hold the momentum and falls back to the breakout level which can be considered as retest. Good news awaiting for the bank nifty traders in the coming days . . . Follow up . . . Retest happened !!

Tradersasi23

Price rejecting from the trend line continuously and currently price is trading below the strong resistance level. One can expect a resistance breakout as the trend line break is happening in parallel.

Tradersasi23

Price trading near the resistance level and if the price closes above the resistance levels then one can expect big up movement. Wait for the opportunity.

Tradersasi23

Follow up

Tradersasi23

Price rejects from the trend line continuously, now its time to break. Watch out for support and resistance levels.

Tradersasi23

Price was trying to break the resistance levels for at least 4 years and finally succeeded in 2021 and look at the powerful move of 300 points after the breakout. One can notice before the breakout there was a pattern break as shown in the analysis which was very strong with big momentum. Once it reached the 4 years resistance then the momentum slowed down and...

Tradersasi23

Price trading near All time high and it is yet to close above it. One can expect a power breakout when it closes above ATH and sustains. Keep an eye. Look for patterns in the lower time frame and take the trades wisely.

Tradersasi23

Price formed descending channel pattern and in the last trading session price breaks out to add 100 more points in a single session. One can clearly look at my analysis to understand where did the actual breakout happened and how to anticipate and take such kind of trades. On all times support and resistance levels are more important than the patterns and breakouts.

Tradersasi23

Price reached the resistance level comfortably as discussed previous thread. This is a strong up movement so one can expect a small fall or price may hover around the resistance before the break.