- Basing formation on weekly charts - Large bullish candles at bottom - If crosses, Immediate resistance around 1350 then 1st sign of trend change from down trend to uptrend.
Analysis: 1. Trend angle shifting upwards, as indicated by two trendlines. 2. Inverse Head & Shoulder pattern. 3. Target 1 = ~280
- Textbook example of Disappointment Lifecycle IPO Pattern (From the book: The Lifecycle Pattern) - Accumulation after long time since IPO listing on Weekly Chart - VCP type pattern formation - MACD Positive
- Horizontal Trend line support at 5200 levels. - Clear Bullish Wolfe wave setup - Pharma and Health care sector is picking up momentum, indicating sectoral rotation
- Cup and Handle pattern - Need a green candle close with good volume above resistance line
Bullish chart setup - Rounding bottom pattern at top - Excellent breakout in past week above resistance - Positive MACD that too above zero line (Strong Signal).
Good pick for swing trade. AVWAP : By plotting from ATH, we see lower band was tested thrice. Now we may expect a price break above lower band. Pin bar : Taking previous pin bar as bullish swing point, we get excellent Risk to Reward trade
Last week, Banknifty formed a wide range bar. We can expect a pause this week, and anticipate an Inside Candle formation. Best option right now is index plays with short option. Plan for OTM Short Strangle or ATM Short Straddle. But due to very low VIX regime, maintain tight stop loss.
Accumulation on weekly charts and now possible W pattern breakout. Company deals with wire manufacturing. SL is weekly close below red line.
Fundamentals: Alpha Finance Lab is a cross-chain DeFi platform that looks to bring alpha to users across a variety of different blockchains, including Binance Smart Chain (BSC) and Ethereum. Chart Analysis: Rising Wedge Charts posted are for research, don't take blind trades in crypto.
Fundamentals: Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. It will support computations that require reliable performance guarantees to create new forms of trust. Chart...
Highest monthly close is around 170 and all time high is 217. If anyone bought keep holding and can add more if consolidates. On monthly charts there was consolidation of around 10 years. Last time recommended at 3.5 levels, now 13...multifold returns!
Buy Near lower trendline of triangle pattern. Flag and Pennant
Support around 60-65 levels...combined with falling wedge pattern at key area
Swing Trade Opportunity, Triangle breakout pattern...Investors can add more at this levels
Big Symmetrical Triangle Pattern...Anticipating upside breakout...
Price action building on upside. All sugar companies are picking up volume.