As shown on charts, simply follow the lines with minimal stop losses to capture huge profits.
We are in slightly upward trending channel which should break down towards bottom. Thus possible working paths drawn on charts for channel and breakout.
As shown on charts, downtrend channel has broken on lower end. Levels shown with pink lines and the final downtrend levels, below the same we can see 10800-10000, which are unlikely in my perspective, however i am not GOD. At these levels we should lookout for reversal patterns which will take us towards 12000+ levels again and even higher over next months. Do...
As shown on charts with FIB levels and direction.
As depicted on charts, we would be looking for a breakout to trade further. Please do leave a like and follow for all future ideas.
A falling diagonal yesterday has resulted in early morning rise. Now it is taking the form of triangle. Which way will this breakout? Please do leave a like and follow to get future ideas.
This is in continuation of prior idea on Bank Nifty(Refer Related Ideas below). With Continuation channels and lowering time frames for same, we look to have a falling wedge/ending diagonal on our hands, per current scenario on charts. Per FIB levels, we have quite some support around 28600 levels approx. Also, RSI divergence is visible as shown on...
An Ending diagonal formation on what looks like Wave C looks to be in formation. This has possibility for ending somewhere in between 11250 and 11140 per FIB levels for fall from 11980. Also per FIB levels for rise from 10335 to 12100, this coincides with 50% retracement. RSI divergence is also visible as shown on charts. Will this end the downtrend? Most...
As shown on charts RSI divergence and we have a doji formation on top. The trading range is getting narrower. It has formed a top or closed to forming a top. Time to add to watch list and trade with confirmation.
The beauty of technical analysis is repetition of patterns, over and over again and at all time frames. The chart shows a channel at hourly level before breaking down and heading lower. Currently we are in another channel formation which can be traded at 30/15 min level. Two FIB levels are marked on chart for both channel which would serve as levels/targets for...
Channel support on long term and shorter term channel at the bottom. Watch and trade with breakout with proper SL. Please do leave a like and follow for further updates.
As shown on charts, we are at channel support and take us higher. If it breaks channel on lower end, Harmonic will have a chance. Please do leave a like and follow for further new ideas!!
As shown on charts, breaking above/below would produce a good short term move. Please do leave a like and follow for further new ideas!!
Looks like if we break the long held support line, we would be in for quite some downfall, as depicted on charts. Please do leave a like and follow for further more ideas.
We have a Flag breakdown. A higher level H&S (above election gap) also under progress with retest quite a bit above neckline. With the downtrend channel in progress, we shall the price movement along the lines. Plotted everything on chart. Please do leave a like ;)
Rising wedge pattern formed again on Nifty as depicted on charts.
As shown on charts, we have finished double top/bottom with third bottom almost done. A long can be initiate with minimal SL for high Risk/Reward ratio. Exit if this breaks out of channel on downside which should trigger short trade.