TreasureTraderZ

TreasureTraderZ Updated 

Voltas formed a Head & Shoulder- Gave a break out on downside. Anything below 880 will open up further down move towards 840 or further below as long as 926(SL) holds.

TreasureTraderZ Updated 

[ HDFC gave a trend line break out on 23 Sep Trading below Ichimoku clound and below Value Area (Volume Profile) Now trading inside a rectangle Break of the rectangle and move below 2320 would move further downside to 2265 *Target 1 or 2185 *Target 2

TreasureTraderZ Updated 

Nifty Formed a rounding top with breakout and a Head and Shoulder Given a break of trendline Expecting 16800/16600/16400 as next targets

TreasureTraderZ

This is an education post of understanding some possible reasons when a correction happens _____________ Few Reasons for Nifty's Bearish Outlook (Short term) 1. Negative RSI Divergence - Price goes up and RSI goes down 2. Break of Rising Wedge Pattern 3. Break of previous swing low (17160) 4. Previous peak rejection making the 18100 as a double top 5. MACD...

TreasureTraderZ

SBIN Formed a head and shoulders and the price is at neckline. At crucial Trend line support. So move below 531/530 would make SBIN reach target of 510. (Positional Short) Trade not active yet.

TreasureTraderZ

Trading at key support now. Levels in the chart. Forming lower lows so far.

TreasureTraderZ Updated 

Wipro formed a Head and Shoulder - At neck line now There is a small H and S within the right shoulder as well Move Below neckline 390 would give a break out Could expect target 380/370 as long as 428 holds

TreasureTraderZ Updated 

Head and Shoulder at the verge of break out. Awaiting confirmation for the breakout. Anything below 2460 would open up further down move till 2400 / 2370.

TreasureTraderZ Updated 

Nifty formed a Head and Shoulders. Expecting 17160/17150 if we get a confirmation.