headymuk

headymuk

Nifty 50 giant Reliance is forming symmetrical triangle pattern which is more clear in 60 mins time frame. If resistance line is broken it can give a good swing upwards, if stock fails to break resistance level then it will start moving towards the support line which is also a good swing for bears ( Note : It has already formed pinbar candle near the resistance...

headymuk

Traders, I have provided full detailed chart of eicher motors in 1 hour time frame which is clearly form symmetrical triangle pattern, buy if the resistance line is broken . Stop Loss and Probable target is mentioned in the chart itself. This analysis is for educational purpose only. Feel free to share your views. I share chart pattern very frequently.

headymuk

I posted about berger paints few days back, those who followed must have booked some parts of their profits till now. But those who missed opportunity can now trade double bottom pattern which is also a bullish pattern. My suggestion is buy only above 771 or 772. This is multi-pattern formation and both the patterns indicates bullish sign. How you all liked my...

headymuk

Stock has given wedge pattern breakout on daily time frame. Stock is forming ascending triangle (which is a bullish pattern) in smaller time frame ( 5 min or 15 min). Best entry would be above 778 ( on closing of 15 min candle ). View chart in 15 min time frame for better view of ascending triangle pattern. Hope you liked my analysis , All feedback are welcome.

headymuk

This is my stock-chart analysis for today ! The chart is itself filled with full analysis . Buy / Sell on if the stock closes on at least 15 min candle at the mentioned levels. Don't buy/sell in hurry , follow the mentioned levels. Stock is almost at the neck line of the head and shoulders pattern.

headymuk

All explanation are mentioned in the chart itself but i am still repeating it. 1. Major trend line is broken. 2. Stock is present at the neck line of head and shoulders pattern. 3. Volumes are decreasing. So traders , you are smart enough to guess the move.

headymuk

Friends as you can clearly see that the stock has faced multiple resistance from upper trend line i.e resistance trend line. Now It has also broke mini support trend line which was drawn using 30min time frame. Both these points prove that the stock might fall from here.

headymuk

As you all traders can clearly see it has given breakout of trend line ( Which was respected since last one year i.e 27 august 2020 ). One year breakout is generally considered huge and best part is volumes are supporting this breakout. Just check the volumes on 12-05-2021 and 14-05-2021 , these are huge volumes showing more and more buyers are interested.

headymuk

The silent stock from paint industry i.e. Berger paints is almost ready to boost like a rocket. It has formed an triangle chart on daily time frame and just check the volume on 14-05-2021. A potential big move can be seen and target is clearly marked on the chart with purple rectangle for further reference.