Price gently raising inside a channel, now nearing the channel support. Expecting bull run in the coming days. . .
Price again testing the resistance for the fourth time this month. This time it would break the resistance and reach the top of the trend line.
Would have been long from the bottom according to my older post, but still one can go long at the break. 2nd chance !!!
Price reached resistance and rejecting from it. Expecting a short sell after confirmation. If breaks the channel then the above analysis is invalid.
Price breaks 3 years resistance and reached the resistance level as expected. Now one can expect some retrenchment or bullishness may continue. Watch your trade carefully. New entries are not recommended in this level.
Price struggling to cross 650 level which is the previous support level now acting as resistance. Two times price tried breaching the level which is unsuccessful this time it will break hopefully.
Price rejecting from 3950 levels for the past 2 months (jun & jul). Now price taking support from the the channel bottom. If breaks 3950 go long.
Go long only if breaks 1550 resistance for at least 100 points or depending upon your risk level. . .
Price into cup and handle (Monthly TF) method as discussed earlier. Breaks the cup high without forming the handle is unusual. Currently price into channel and breaks 2 patterns within the channel. Finally channel was broken yesterday and what we can expect is a profit booking and it happened.
Price into head and shoulder pattern - IF BREAKS the head short the price for the target.
Price taking support from the trend line. confirm the reversal and take the long trade with stop loss below the pattern.
Price for the 3 months starting from April continuously climbs up in a constant phase. Now price almost touched the major reversal area. Look for channel break and enter the trade.
Price as per Fibonacci levels nearing the resistance zones. 2350 should be the max target for this movement. More chance for Indian to become worlds richest !!! cheers !!!
Symmetric triangle pattern. Wait for the break and trade the breakout side.
Price into symmetric triangle and currently at support. Trade the breakout side.
Price nearing the support in a channel pattern. Look for price to take support from the trend line and take the trade.
Price breaks put triangle as expected but it is now rejecting from the channel top. Traders who short the script should have strict stop loss above the pattern. If breaks the channel then triangle target will be achieved.
Price into a channel and now suppose to break the triangle pattern.