in the chart GBP/USD shows some interesting pattern on chart that includes trendline and double bottom
in 4hour chart it looks like playing between support and resistance ................hahahah lol
Its has M-reversal Pattern.A double top is a pattern for two successive peaks, which may or may not be of the same price levels. The pattern looks like an M. A double top pattern occurs when the stock fails to continue the uptrend in its second attempt as it meets resistance pressure from sellers at its highs. In a market rally, sellers suddenly take control and...
I am sharing my idea of Bank Nifty using wave analysis. Bank nifty is on its 5th wave.
SAIL shows impulsive rely on its 5th wave and will hit around 200 in medium to long term.
Bhel is a good stock to invest.Well,Elliott wave shows it is currently performing it's 3rd corrective wave. and Target will be around 120 for medium to long term.
HAL is Good stock to trade for medium to long term holding. Currently 3rd Wave is continue. So good to buy Probably touches 1500
BUY BUY BUY Here chart showing detail analysis about BajajFinance and its breakout and prediction of price.
GODREJCP BUY 786 up Target 849++
BUY @ 1355 Target : 1452 (97 points) SL : 1277 (78 points) TIME : 7-10 days
BUY @ 181 Target : 194.80 SL : 168.50
Buy @109.5 Target will be 130++ SL will be 88.10
BUY @ 422 -------------------------- T1 : 481 ( 59 points ) T2 : 510 ( 88 points ) T3 : 545 ( 123 points ) -------------------------- SL : 365.50 ( 56.5 points )