Solid Consolidation at a beautiful level Valuation is very cheap The sector looks like a solid breakout is underway. Very strong fundamentals
Nice consolidation deep correction formation of 1st higher low on weekly chart
Nice base formation and strong daily & weekly candle Volume is picking up
Formed a triangular base and attempted to break out. Again came to rising support (trendline) Matter of time before it breaks out to new highs.
FIBO 78.6 reversal Long consolidation and Falling wedge formation Some strong news will trigger breakout and a mega run up
Channel top with incomplete swing RSI Divergence 3rd swing to hit the bottom channel boundary pending Stop at 1.301
Breakout, retest, ready to test the final resistance. Fast 15-20% move is due. So now looks like a good time to accumulate Close below trendline below 2620 will negate this view though
Volume spiking Chart coming out of slump to form a recovery pattern. Soon HH-HL will follow.
Conolidation is huge and broken with gap. Some consolidation before sharp rally
Two possible path. break ATH go past 45000 and come back to retest this ATH zone and shoot up to 50k. Drop to previous Liquidity zone. and come back up to mdo a straight line 5300 points move to 50k.
Breakout from long consolidation Sector is turning bullish from bearish. During its bearish run, Syngene stood out and did not fall showing strength. In bull run this is the stock to look out. Sl at 560 and targets are 770, 900, 1060.
Strong uptrend followed by upward sloping consolidation. enough swings inside the wedges. Could breakout anytime soon. Ideal short is below 1.099. However, risk takers can sell here for 1.099 and 1.07
consolidation at its last leg USD seems to be turning up Nice bullish consolidation structure after a rally. can be easy INR 2 rs trade here.
Fibo 78.6 has been a classic reversal point. doesn't always work though. VIX has been lurking to go up recently. We may have found our 1st convincing selling today.
This run up amidst all the global negativity is designed to create Euphoria around banks before they get dumped. Need to be extremely cautious while shorting as well as while going long. I am expecting a tough period around here and with this volatility is expected to rise. Expecting this double top to play out handsomely With an SL at 44470, One can think...
Solid Base formation between 101 and 102, also where support is. W structure in formation most likely Trendline has come down to this consolidation range at 102. Some unknown event will trigger it and Thus sending it past 102.3 then 104 then 106 adn 113. Trigger point is 102.3, above which its desirable to go long. Weak CPI print is also not helping its...
RSI divergence Big time Fibo retracement of 61.8% Volatility is back with a W shape pattern forming right now
Self explanatory chart. Dollar bear trend about to start. perfectly coincides.