Dragon harmonic pattern has been formed in Daily chart of Bank of Baroda. Dragon pattern is rarely seen in stock charts. As explained in chart , price movement is in perfect alignment with the Dragon Pattern. expecting it to fly like dragon and hit the Targets. Declaimer : This analysis is for education purpose only.
Bearish Butterfly pattern is in making on SBIN daily Chart . Leg XA, AB, BC are completed and are making confluence at perfect Fibonacci ratio and leg CD is under formation. it may go up to 320 ( 1.61 extension of BC ) to 331 ( 1.27 extension of XA) level , before the downward movement. Declaimer : This analysis is for education purpose only.
Bullish BAT harmonic pattern in vedanta . BAT pattern is considered incredibly accurate. should move towards 206 level. Declaimer : this is for education purpose only
Bearish BAT pattern is under formation on hourly chart in JSW steel which may take it to 320 level. leg XA, AB & BC is formed and leg CD is under formation. To be a valid BAT pattern , Point D should end at 320 which is 0.886 extension of XA and then downward movement should start. Disclaimer : This is for education purpose only.
BPCL has given breakout on daily chart. BPCl was in downtrend since January 2018 and now it has broken its long term resistance trend line. Expecting a good up move. Lower crude oil prices will give the required thrust for cruising towards 390 or higher. Now this resistance trend line will acts as good support. Disclaimer : This is for education purpose only
Bullish Cypher pattern has been formed in Escort daily chart. Should move towards 678 level. Stoch RSI indicator also generated BUY signal. Declaimer : This is for education purpose only.
It seems that bullish shark pattern is formed on Auropharma 15 minutes chart. if it is so, then it should move toward 801-816 level. if the price go below the current level , then it will invalidate the pattern. expecting a up move in price. Please comment Declaimer : it is for education purpose only.
Seems that Cypher pattern is being formed in Jubliant Food. Leg XA, AB, BC have beeen formed , if it goes around 1322, then leg CD will be completed. let us see.... Declaimer : it is for education purpose only
On Daily Chart , Yes Bank has formed Morning star candle stick pattern , Which is considered Bullish . Additionally Stochastic RSI indicator is in Over sold region and its signal line has generated Buy signal. Moreover it has crossed & closed above Rs 167 which has served as strong support during previous two fall. It is going to give a good up move if it...
is Bearish shark pattern is under formation in Yes bank ? Leg XA & AB have been formed & Leg BC is under formation or formed . for valid shark pattern BC leg should be 1.13 to 1.61 of leg XA. Presently price has reversed from 1.13 extension ( i.e. Rs.180.2) . Shark pattern would be still valid if prices goes down up to 1.61 extension of XA ( i.e. Rs. 170.4). if...
Bearish Butterfly pattern is in making on SBIN daily Chart. Leg XA, AB, BC are completed and CD is under formation. it may go upto 317 to 340 level , before the downward movement. Declaimer : This analysis is for education purpose only. If you want to trade for CD leg or DE leg, consult your financial adviser.
Bearish Shark Pattern is being formed on the daily chart of RBL Bank . Leg XA, AB & BC is already formed and leg CD is in formation. expecting to move towards 670 level , before start of downward movement. Please add comments if you like the analysis. Declaimer : it is for education purpose only.
Two positive 1. Channel Breakout 2 morning star candle stick formation
Indigo On verge of Channel Breakout
Auro Pharma is near strong support zone. if it hold , then can go towards 777 level. if breaks down then can go towards 680 level
Morning star candlestick chart pattern is formed on weekly chart of Yes Bank. Expecting a good up move