The trend is already gone. But posting for the example of my pattern breakout result. Still i can see the potential top target. But only when it retraces/retest on the trendline.
This is showing solid strength over the months. Good long term bullish pattern visible on the charts. One can accumulate for long term swings.
M&M has formed classical inverted head & Shoulder pattern breakout. Trade will be only active when it retest the price. RSI is also suggesting over bought zone so it must come for the retest.
Oracle financials has good breakout pattern formation for inverted Head & Shoulders. Consider it above 4252 for 10% swing trade.
The most simple price action based view on BTCUSDT
Banknifty has formed rising wedge pattern which is super bearish sign in the market. Also there is 200 EMA(purple line) support at the current closing level of banknifty. If somehow it breaks the 47500 levels and sustains below it for 5-10 minutes there will be big targets possible. Only disclaimer is HDFCBank has to support this down fall. Target1 47033 ...
Banknifty has formed super bullish rising wedge pattern. It can easily reach upto 46500 levels. And if it further sustains there there will be big target seen in upcoming time. Target1 45800 Target2 46500 Target3 47000 Target4 47500 Target5 48000
Whichever side it will break, will give 5-7% move. Keep in radar. Ideally this is bullish triangle flagpattern.
JSWSTEEL has formed long consolidated higher high flag pattern. If it breaks there will be bull run in this stock above 835. It should break and sustain that level. Retest will be for the double confirmation.
Reliance has good breakout(2hr TF) after a quarter consolidation. Good target visible on the charts.
Ambuja cement has good ultra short term up side visible for good 5-7%.
IRCTC trend line breakout in 2hr timeframe. It can easily give 10% upside move.
ICICI Bank shows great head & sholder breakout patter in 1hr time frame.
IEX has formed slanted inverted head & shoulder pattern formation. If breaks the treadline. target can be good.