anrg95

anrg95

BANK NIFTY forming a descending triangle on the 15 minute chart along with a gap that is yet to be filled. Possible short opportunity exists.

anrg95

NIFTY has formed a spinning top at the peak + has crossed beyond the bollinger band.

anrg95

NIFTY seems that it might rise from these levels, with the RSI Divergence + The double bottom pattern forming. Also, NIFTY seems to have breached above its 40EMA line and might make it its support level now. NIFTY might reach 10900 levels from here on.

anrg95

The pattern forming here seems to be that of a double bottom which might result in a possible recovery.

anrg95 Updated 

Apollo Tyres is forming a descending triangle on the hourly chart here. Indicative of a further downfall for the stock...

anrg95

If the prices go above the channel, buy and if the prices go below the channel, sell.

anrg95

The descending triangle could indicate further downside on the bank nifty

anrg95

The stock has a gap in the hourly chart + has been experiencing consolidation. This could result in a price rise.

anrg95

The daily chart is showing a descending triangle plus has an engulfing bear pattern forming up.

anrg95

The stock has touched the 5 year standard deviation (-2) of the regression line and might possibly see a bounce back to the regression line levels. Plus, the 40 EMA and the 200 EMA convergence may also initiate a bounce back for the 40 EMA line.

anrg95

DMart has formed a bearish engulfing candle pattern.

anrg95

The ascending triangle formation looks to be forming here. but the RSI negative divergence has gotten me confused. Views on this appreciated.