Broken Resistance, Convergence in trend_lines, At ATH!! looks good for minimum 1130-40 target. BUYING side momentum trade. Its double bottom at the top is only concerning as it may revert to Head and shoulders in coming sessions. SL below nearest swing low below 1060-65 on closing bases.
W-PATTERN FORMATION . CAN BE BOUGHT FOR MINIMUM TARGET 9620 WHICH IS 50% RETRACEMENT FOR LONG TERM FIBONACCI. If reverses can further added at trendline retest and Fibonacci 0.236 level.
Rising Wedge Break with volume rise in breakout candle, Can be sold on confirmation. Target Line's are captioned.
Following long term trend line and also new trend line following.
Break in either side will give good momentum and 1:1 target will be also large !!
Lower end of ChannelBreak. Confirmed as next days it did't tried to retrace/entered the channel again.
BataIndia CYPHER pattern formation. sold at = 1411.40 target = 1363.20 SL=1465
Concor buying range 345-358. SL=320(CLOSING BASES BELOW) Target 385.
BUY RANGE = 915-925.05 SL= BELOW 850 ON CLOSING BASES TARGET = 1:1
MuthootFin has made a Harmonic Pattern. It is Approaching the buying Zone(1000-1012). Need to keep eye on.
PEL Cypher Pattern(Positional View) SL= 1171.50 TARGET1=1359.95 TARGET2=1477.50
MRF at Buying level. Place to accumulate.
Hi, I am a learner and had just gone through Cypher Pattern . While moving through this chart I tried my 1st ever Cypher Pattern on Script. Please the PRo-Traders express your view towards correctness of the pattern and help me out with how StopLoss and Target should be calculated if the Trade gets activated in upcoming time at 31.05 without breaking the...