Axis Bank has formed a nice support at 425, from where it keeps bouncing back. While 425 is strong support as seen from the Daily Chart, 415 is the critical level where also same base formation has happened in the past. Infact, it can be said that the support has travelled upwards to 425, which is quite good. The stock is moving in a similar fashion like before,...
A POTENTIAL Head & Shoulders pattern forming on 4H Chart of NIFTY SEP FUTURE. SELL 11260, SL 11475.1, Target(s) - 11150, 11050, 11000. Measurement = 514. 11235 , 11130 and 11030 are the key levels. Below 11000, 10860-70 can be expected. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Large or Small, Rectangular Boxes are all over the Daily Chart of HDFC. Narrowing down for a support or a breakdown quite aggressively. Thrown with a couple of Head & Shoulders. A fall is in the offing, so, if it happens than on breaking of 1760 -> 1725-30 -> 1675-80. Index Heavyweight, so the dent will be quite big. If it takes a support at this levels, than this...
Trendline Support on Daily Chart of HDFCBANK. Below 1100 -> 1075. Index Heavyweight. Wait for a proper signal.
Bullish Bat pattern forming on Daily Chart of MGL. BUY 884-885, SL 854.9, Target(s) - 910, 920.
Head & Shoulders pattern forming on 4H Chart of NICKET SEP CONTRACT. SELL 1105, SL 1130.1 , Target(s) - 1095, 1087, 1080. Measurement = 50. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Descending Triangle forming on 30M Chart of BANKNIFTY SEP FUTURE. Another Breakdown in the offing or will it bounce back from the trend line? If one looks at the chart, it is clear that if it breaks 22700, 22500 is not that far away. On the upper hand, 23150 volume breakout -> 23400. I'm learning chart patterns as of now. You can plan your trades accordingly if...
Bullish Deep Crab pattern forming on Daily Chart of AIRTEL. BUY 500, SL 492.9, Target(s) - 507, 512.
Head & Shoulders pattern forming on 4H Chart of ICICIGI. SELL 1275, SL 1360.1, Target(s) - 1225, 1175. Measurement = 144. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Head & Shoulders pattern forming on 2H Chart of KSCL. SELL 590, SL 630.1, Target(s) - 555, 540. Measurement = 85. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Cup & Handle pattern forming on Daily Chart of BSE. BUY 575, SL 479.9, Target(s) - 630, 650, 700. Measurement = 290. 590 is a key level. Head & Shoulders pattern forming on Daily Chart of BSE. BUY 575, SL 474.9, Target(s) - 630, 650, 700, 720. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Bullish Bat pattern forming on 3H Chart of RELIANCE. BUY 2021-2022, SL 1999.9, Target(s) - 2040, 2050. Bullish Gartley pattern forming on 3H Chart of RELIANCE. BUY 2041-2042, SL 2019.9, Target(s) - 2062, 2070. Bullish Butterfly pattern forming on 3H Chart of RELIANCE. BUY 2041-2042, SL 2030.9, Target(s) - 2052, 2055. Below 2000 -> 1980.
Bullish Shark pattern forming on 4H Chart of CESC. BUY 570, SL 559.9, Target(s) - 579, 584.
Cup & Handle pattern forming on Daily Chart of RAIN INDUSTRIES. BUY 130, SL 104.9, Target(s) - 145, 160, 175, 190. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Head & Shoulders pattern forming on 4H Chart of PEL. SELL 1350, SL 1520.1, Target(s) - 1300, 1250, 1200 and so on. Measurement = 239. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Head & Shoulders pattern forming on 4H Chart of BIOCON. SELL 384, SL 410.1, Target(s) - 368, 350. Measurement = 59. 380 seems to be providing ample support in the past. If 378 is taken out, 368 is the next stop. After 368, comes the psychological level of 350 and then 345. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how...
Head & Shoulders pattern forming on 4H Chart of ICICIPRULI. SELL 435, SL 465.1, Target(s) - 420, 410, 400. Measurement = 47. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Head & Shoulders pattern forming on Hourly Chart of HDFCLIFE. SELL below 600, SL 625.1, Target(s) - 575, 565. Textbook measurement from top to bottom = 47. Follow any of the 2 option(s) that suits your style and risk. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.