As per news BRIEF-India's Total Domestic Passenger Vehicle Sales Down 3.86% In July -2020. So as we think to enter a fresh buy at this level when major resistance range between 6200 to 7200. My opinion when breakout in RSI indicator above 80 marks and cross 7200 is safe to entry for fresh buy up till exit from an old position and wait for cross that resistance...
Two baby bump pattern is made in 15 min candle and Fibonacci level is reversal zone. It respects the support at 1120 and made consolidation zone, If the breakout happens 1150, we will go for a long position for the target of 1270 within a week and with the stop-loss of 1120.
Double Bottom ADAM and EVE pattern made in 15 min time frame at end of flag pattern which is forming day candle frame. Those patterns are supposed to hint that it will try to make new high again and breakout previous resistance which is 1850.chart analysis show very bullish if the breakout happens at 1757 and easy to achieve the safe target 1798. Stoploss should...
If we observe that from last one month stock was in the consolidated zone between the price range 3950 to3730, But here made Broadening Wedge Desecding pattern after a peak price in consolidation and if breakout happen nearby price above 3850 It will touch target of 4000 nearby 2-3 days
Chart Structure Show Bump and run reversal pattern ,but false breakdown was happened in last Friday 24 th july and Slight formation of inverted Head and Shoulder Pattern.We should waiting true breakout which is above 105.25 on Monday for better entry of safe target 108.
In 15 min candle time frame there was a two pattern clearly shown 1) Saucer and 2) Ascending Triangle Pattern in two trading day, there will be a chance to touch the neckline contributed to the formation of Inverted Head and shoulder Pattern.
Right Now Gold Price touch Last 10 years High .Cup And Handle Pattern in a monthly time frame. Cup is made up till but Handle will be balanced in the chart, the price will be come to support 1564 USD when throwback or pullback will be happening in 12-15 months from near to resistance now.So This is not the right time to buy , wait for support zone.