Multiple bullish flags in Yesbank. There may be 3 possible scenarios. Scenario 1 - The PA would continue to make higher highs without retracement Scenario 2 - The PA would retrace to 1490 levels ,rebound and move towards targets of 1890 levels. Scenario 3 - The PA would retrace to support levels of 1400 , rebound and move higher towards targets of 1890...
Multiple bullish flag pattern spotted in reliance daily PA. Targets are marked. If PA closes below the demand area then we close the trade. Will the flag fly high?
Multiple bullish patterns including bullish dragon pattern and flag patterns are visible in the PA of Pidilite. Red lines indicate possible targets and they are coinciding at multiple levels. All the best, everyone!
Potential Bullish Shark pattern spotted in BPCL charts. PA facing resistance and may likely retrace back to the potential reversal zones completing the pattern. From thereon bullish moves are likely to be made on account of bullish PA from higher time frames and previous PA patterns.
Potential Bullish Dragon & W bottom pattern have been spotted in Hindalco charts. PA is trying to break the trendline highlighted in purple and once it breaks past it may likely move towards 200 levels. A retracement to 183-182 levels may be possible to close the gap of today's opening. RR seems to be good at 183-182 levels for potential targets of 190,195,200...
Current PA of axis bank presents an interesting situation. PA is at an area of strong resistance and the formation of an ascending wedge like pattern presents a bearish scenario. In order for PA to be bullish it needs to close and sustain above 525 levels(thick blue line) and if it does not PA will most likely fall to 420 levels followed by 370 levels (thick blue...
A bullish dragon pattern and a W Bottom pattern have been spotted in Amara Raja Batteries. PA seems to reverse on a sturdy support region and PA looks good for a bullish move soon. Long term prospects for this script looks positive. Break of blue trend line would validate a Bullish dragon pattern while break of the Horizontal blue line would validate the W bottom...
A Flag, Pennant have been spotted in Tech Mahindra and there is a possibility of a gap being closed which was formed in June last year due to the current movement of the PA. Good luck to y'all! Trade safe.
Possible dump bump and run reversal has been spotted in Ajanta pharma. Break of blue dashed line confirms the reversal and red dashed lines indicate possible targets. Good luck to y'all ! PS: I am long in cash from Thursday.
A long term Bullish flag is visible in HDFC Weekly chart with potential targets of 1900 in the medium to long term. A short term bullish flag is also visible in the same chart.Red line indicates possible targets. Good luck to all!
Possible Bearish Dragon setup seen in Canara bank. Confirmation would be break of the thick blue dashed trend line. Red lines indicates possible targets. Pattern would be invalidated if the PA breaks past the upper trend line which is the pale blue dashed line. All the best!
Possible dragon pattern visible in GBPUSD. It's not a perfect dragon but nevertheless.... Red lines indicate targets
Possible Inverse Head and Shoulder pattern in EURUSD. Let's wait for it to unfold ;-)
Potential bearish shark pattern seen in Bajaj Finance with PRZ around 1145-1170.
Potential bearish bat formation in Relinfra with PRZ between 610-620.