Head & Shoulders pattern forming on 3H Chart of AXIS BANK. SELL 415, SL 458.1, Target(s) - 400, 390, 380, 375. Measurement from top to bottom = 69. SL is far because one cannot ignore the rules of a pattern but at the same time also have to be reasonable about the probable and acheivable target(s). Or follow the second option which I think is quite realistic than...
A POTENTIAL Inverse Head & Shoulders pattern forming on Daily Chart of DABUR. BUY above 530, SL 480, Target(s) - 600, 650. Measurement from top to bottom = 138. May need to relook at it again if there are some changes in the chart structure. 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 4 Hours Chart of BANKNIFTY. SELL below 21000, SL 22500, Target(s) - 20000, 19500, 19000. Price Range from top to bottom = 2000. 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 a 15 minutes chart of BANKNIFTY. Neckline = 21460. BELOW neckline can take BANKNIFTY to 21200-21150. Textbook target is 450 points from the NECKLINE at 21460. SL at/Invalid ABOVE 21700.
Bearish Bat pattern on Daily Chart of INFY. SELL 777-778, SL - 801, Target(s) - 750, 740.
Bearish Shark pattern on 4H Chart of GRASIM . SELL 645-646, SL 654.1, Target(s) - 638, 634
Bearish Bat pattern on Daily Chart of ACC. SELL 1500, SL 1551, Target(s) - 1440, 1430.
Cup and Handle pattern in Glenmark Pharma? Volume droping in the handle and increasing when inching towards the breakout. Ideally it should be bought in the 340-345 range, SL 299.8(low of the Handle-304) and Target is the depth of the Cup to the breakout of the Handle which comes around 490. Let me know if you have any insights/experiences in trading these...
Bearish Gartley pattern on 4H Chart of BAJAJ FINANCE. SELL 2780, SL 2901.1, Target(s) - 2660, 2630.
Cup & Handle pattern forming on Hourly Chart of SHRIRAM TRANSPORT FINANCE. BUY 650, SL 599, Target - 700. Volume should be increasing as it moves towards the buying levels. Else it will be considered as a false breakout and trap the buyers. Cup Depth = 114. 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 MARICO. BUY 355, SL 309, Target - 450/ATH. 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 CIPLA. SELL 630, SL 655.15, Target - 600. Risk Reward does not look quite good here. 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 2 Hours Chart of NIFTY INDEX. BUY 9765-9770, SL 9700, Target(s) - 9840, 9870.
Head & Shoulders pattern forming on Hourly Chart of INFY. SELL 700, SL 714.1, Target - 685. Volume Chart is a little bit tricky here. Break 700 with high VOLUME and it will give the results. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Inverse Head & Shuoulders pattern on Hourly Chart of BIOCON. BUY 364-368, above 370, SL 340, Target(s) - 403. 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 BIOCON. SELL below 378, SL 394.1, Target - 360. Neckline break MUST be supported by volume, so keep an eye on the volume chart when it breaks the neckline of 378. Risk Reward does not look quite good here. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Ascending Triangle above 712 on 2 Hours Chart of INFY. I don't know either target or SL but keep this in mind that INFY is trying to breakout the resistance zone of 712 since past couple of days and got denied the third time on Friday. Moving above 712 will give a nice intraday opportunity to enjoy the breakout in this stock. I'm learning chart patterns as of...