HEAD AND SHOULDER PATTERN MADE BUT BREAKDOWN NOT DONE SO THERE IS TWO VIEW. Bullish view - titan can long above 1520 with the sl of 1500 for the target of 1560-1580 Bearish view = Titan can short around the level of 1490 with the sl of 1512 for the tgt of 1460-1420. Like, share and comment Thanks
As we can nifty on short time frame made channel pattern which is draw as yellow trendline. if channel pattern goes sucessfully retest the breakout around the small yellow line which follow arrows around 14030-40 then we can see upside move for the next tgt which is 14080-14170.
Bearish view as we can see on 15min. time frame triangle pattern breakdown below 462 with sl of 465.50 for the tgt of 457-455.
as we can the support trendline level which is 515 if the price sucessfullly breakdown the trendline and give retest confirmation of breakdown around the level of 514 the we can see fall in that price for the tgt of 505-500 and als o h&s pattern are making.
bullish view- if price break the resistance of 1441-1443 then we can see massive breakout for the level of 1500-1530-1550 in couplle of trading session. Bearish view - If price unable to break the level of 1440 then reversal can possible for the next support which is 1405-1400.
as we can see the resistance breakout retest done arund the level of 2920 and can see the trendline ehich is given resistance of 3.50% of breakout price around the level of 3000-3010 and immediate target is 2975-2980 with the buying level of 2940.
as we can see the level of indusind bank which is on radar of breakout, breakout can reach the price level of 887-890 and the second view is reversal if price unable to break succesfully the level of resistance then reversal can happen and price can drop the level of 850-848.
as we can see the price resistance at the level of 868-870 which is unable to break by price so we looking the oppurtunity for the short. Bearish view- short around 864 for the level of 850-848 with the sl of 870
as we can the channel pattern in the time frame of 1hr and after that the trendline breakout in the time frame of 15min. for the bullish mode. Bullish view we can long titan above 1521 for the target of 1570 if sucesfully break the immediate resistance of the 1528-1530. it will boom above immediate resistance with the sl of 1515
bullish view = as we can see the further upside move at the level of above 1705 for the target of immdiate is 1730-1732 and next tareget is 1745-1760 with the stoploss of 1690.
as we can see thhe buying level around 524 for the target of 530-535 with the sl of 518.
HELLO TRADERS, As we can head and shoulder pattern are making banknifty spot chart on daily time frame. there is two types of head and shoulder making. If shaded h&s made so breakout is confirmed today OR curve blue line h&s work then isn't yet breakout confirmed we need to do wait for breakout hope we can see breakout tomorrow. BULLISH LOOKOUT- If banknifty...
HELLO TRADERS, As we can head and shoulder pattern are making banknifty spot chart on daily time frame. there is two types of head and shoulder making. If shaded h&s made so breakout is confirmed today OR curve blue line h&s work then isn't yet breakout confirmed we need to do wait for breakout hope we can see breakout tomorrow. BULLISH LOOKOUT- If banknifty...
HELLO TRADERS, Here i'm going to update you about banknifty spot analysis for this week special for monday & tuesday. In banknifty as we can see two situtation it all depend upon on tom opening. If tom