Formed a head and shoulders pattern right on 200 days moving average. Broken the neckline. Approaching the neckline again for a retest. After retest, it can give a big downside or upside. Downside target 1 - 929 Downside target 2 - 905 If after retest buying starts and the stock moves up, then it can give Upside target 1 - 963 Upside target 2 - 970 * For...
Serious downtrend occurred. Then a Morning star pattern formed even when the whole market rallied down by a lot. Not very good RR Ratio. For Educational Purpose Only
Piercing Pattern found in BPCL. Target whatever level you are comfortable with. Stoploss - lowest low of the two candles
The bullish engulfing pattern has been spotted at important levels. If the stock sustains above the levels then it can be a good swing trade. Target - Upper trendline. Stoploss - lowest low of the pattern.
BPCL was in a very clear uptrend from 22nd December... after that yesterday it formed a green candle with small wicks, today it opened gap up but could not retain the price and closed deep into yesterday's body. The encircled pattern is called Dark Cloud Cover. As the name suggests, a downtrend is expected after the appearance of this pattern. You can keep a...
AMARAJABAT has closed above crucial levels and can give a big up move in swing trade
Was in a range for quite a while. Now the stock is stuck at the upper level of the range for quite a while.
Reliance has been down for a while now. Will it shoot back up? Or will it continue another big fall?