Price breaks the trend line yesterday and today it is moving up very strong which indicated the price will move towards the trend line at the top which is around 64 - 66.
Price took support from the long time support levels and moves big for the day. One would have entered at the support with small stop loss, if you missed the opportunity you can go long once if price closes strongly above 1400 levels.
Price after a big bull ride, breaking from the symmetric triangle and taking support from the channel bottom is in a consolidation phase at present. Now price is forming a Flag pattern and only thing is we have to enter long after confirming the break. If you are aggressive trader then go long when price takes support from the Flag bottom with minimum stop loss.
Price is going for the trend line and will break the trend line this time. Wait for the trend line break and enter the long trade.
Price rejected at the same level and took support from the trend line making higher lows. Aggressive traders can go long now with small stop loss below the pattern else wait for the price to break the resistance at the top and enter for the target.
Price looking perfect to buy because price is exactly trading at the trend line support. Look at the chart you can understand the beauty of technicals.
Price travelling in a parallel channel and after taking the support from the trend line price unable to move above 750 - 755 levels once if price breaks this levels then the channel top will be the target.
Price at resistance levels 2300 and forming ascending triangle pattern. Expecting upside movement after breaking 2300 levels. Wait for it.
Today's close will be important to decide for going long. If price closes above the supply zone then one can go long with stop loss below the support.
As discussed earlier price forming a pattern at the channel support and today it was like a constipation trade, expecting a break from the pattern and Gap up open is a good possibility for tomorrow open.
Price took support from the same levels for the third time, and also price took support from the parallel channel and reached the top of the channel. It is a strong bullish close and looking for the break of the channel. The other way we see that is double bottom, so trade like it is a DB.
Price after taking the support from the parallel channel went up super bullish and reached the channel top in 3 days, that is almost 20 points move in three days. But now the price reached the top of the channel and going long here is not a good idea. Those went long at the support might wait for the break others must wait for the 165 levels.
Price inside the channel either wait for the breakout or trade the channel, that is short when reaches the channel top and long when reaches the channel bottom.
Price taking support from the trend line, if you are an aggressive trader then go for buy at this range with stop below the support (dotted lines). If you are an conservative trader just wait for the price to cross the resistance levels and go for it.
Price getting ready for the next bull move. Explained in the chart whats happening right now.
Price before reaching the parallel channel support it is moving upward, shows the bullishness of the script. 156 looks good resistance once price breaks this levels go for buy and the channel top is the target.
Price about to break the triangle pattern, if today closes above the previous resistance strong then tomorrow it might trade super bullish. Lets wait for the break from the pattern.
Price forming a pattern exactly at the parallel channel support. Look for the breakout and trade accordingly. I expect the price to take support and break the pattern upside. Bank sector chart also in parallel channel and exactly trading at the support.