Chart has enough details . On history After a downtrend price gave a breakout above golden zone and retest and then it run for 45% profit . Current pattern resembles same , change of long term breakout as well could trigger the price to run even more Conservative traders can book profit at target 1
This could be last fall before starting its next rally. Good to buy at support level marked. Watch for positive signs of candle sticks printing at support for taking trade .
Honda Motors gave a potential Breakout from downwards parallel channel. Stock is trading above Monthly CPR and printed bullish pin bar showing great sign of rally. Can considered for swing trade. This is posted for education analysis, do you due diligence before taking trade
Stock has been trading in sideways and it reaches the bottom support line and printed positve pin bar which is sign of buyers . It has potential to move till the resistance ( might take a year to achieve the target of 18% )
Price is at demand zone. Changes are there to reversal .
If price closes ( convincingly ) above demand zone / Support zone good to buy
Falling Wedge When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Conversative traders can wait for retest...
Bank Nifty is in ascending parallel channel and it is nearing the support line . 34000 is good support , if it breaches below that market will be bearish . Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Support and Resistance levels for intraday . Yesterday was bank nifty was down more than 3% expecting a reversal from today or consolidation . If day low broken market will turn bearish
Nifty trend reversal - All the findings are marked on charts . Kindly check the points mentioned .
SUpport and resistance intraday Levels for 28/10/2021
Be causious in trades as baking results are beeing announced market could be volatile.
Intraday Support and Resistance levels for 26/10/2021. Consider CPR along with these levels
It gave a breakout from consolidation ( consolidated for a year ) few days back and formed pennant pattern . Good to go long on breakout of this pattern . Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Intraday Support and Resistance levels for 25/10/2021- Dowside ir has two near virgin CPR that yet to be tested , watch on those levles .
Support and resistance level for 22/10/2021. Market is in all time high .
Support and resistance levels for intraday of 21/10/2021. I also see descending parallel channel formation .
Intraday support and resistance levels for 20/10/2021