- reached pole & flag resistant line waiting for breakout - reached inverted head & shoulder neckline waiting for breakout - 3 white soldiers candle formed by following last 3 weeks of trading season This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.
TCS turned bearish reversal 3950 - 4000 is the resistant area and if it sustained above this area bullish pattern may continue This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.
- cup &handle breakout done - parallel channel breakout done - pole & flag breakout done - trading above 50 days ema crossover This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.
on weekly time frame it is forming butterfly pattern ema cross overdone and going down side from on 29th jan reached pivot s1 on 26 feb if the candle close below S1 stack may fall again if falls continues consider at D point It is just a view, please trade at your own risk. I'm not SEBI registered adviser
- cup and handle formation in bullish parallel Chennel formed in monthly chart - stock raised up from the bottom of the handle and Elliot wave 4 - 270 is the parallel Channel resistant which is also the first target. This analysis is my own idea. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before...
4th time touching the support 1 line which creates strong support around the 450 regions stock is trading at >75% discount rate from all time high This analysis is my own idea. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before trade. in.tradingview.com
- may consider at corrective wave 4 - use fib retracement level for reference This analysis is my own idea. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before trade. in.tradingview.com
- KTK bank formed a cup and handle pattern following 16 years of consolidation - in February 2006 it reaches 211.30 first time and reached again in July 2023 - waiting for breakout. - trading lower than its book value 263 This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.
Elliot wave 4 may finished at the level of 2758 This analysis is my own idea. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before trade.
note: symmetrical triangle may break the resistant line if market is bullish, or it will break the support line if the market is bearish. pros: narrow range stock in monthly chart book value 873 cons: P/E is 99.31 vs the sector P/E 26.43(Tijori) This analysis is my own idea. I don't recommend taking trade based on this idea. consult your SEBI registered adviser...
cup with handle formation double bottom formation ascending triangle and going reach upside trend line going to break trendline and previous resistance.
TATA Steel cup and handle pattern is going to form the handle is formation is going now hope pivot R1 154 may act good support This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.
- stock reached the inverted head & shoulder neckline - the size of the head is the target - Elliot wave 2 is just a prediction, this predication may or may not happen This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.
- tweezer top candle stick pattern has formed in weekly chart. so, there is some possibility that bank nifty may fall. But anytime it may become bullish. This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.
12.1.2024 parallel channel break out on Weely chart and bearish engulfing candle formed on today. also has taken support from 13 days ema level next target narrow range R1 1714 It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
- inverted head and shoulder pattern formed in parallel channel. - Elliot wave 2 range 440 is finished and wave going towards wave 3 level 612 - 1st wave 548 is the first target
- cup with handle pattern will be formed if the bullish wedge pattern breaks upside. - if correction continues 450 will be the best place for accumulation. - It's my own opinion. - Trade with your own mind - I'm not SEBI adviser.
4th wave may start from in between 0.38 to 0.23 of feb retracement level. this level also acting good support and demand zone. consider every dip this analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.