santhoshv456

santhoshv456

Observe the trend lines forming a wedge pattern on the chart. In this case, it appears to be a rising wedge, where the upper trendline is steeper than the lower trendline. Potential Implications: Bearish Signal: Rising wedges are often considered bearish patterns. As the price oscillates within the wedge, it indicates a gradual loss of momentum. Traders and...

santhoshv456

The stock has experienced significant growth, as indicated by the upward movement of the price. Resistance level, where the stock price has historically struggled to break through. The stock is currently approaching this resistance line. If it manages to break above it, it could signal a potential bullish breakout and further price gains. Disclaimer: The...

santhoshv456

The upward-sloping line on the stock chart indicates a bullish trend. The breakout from the consolidation pattern is significant. The breakout is upward, which implies that the stock has broken free from the consolidation and is likely to continue its upward movement. Disclaimer: The information provided here is for educational purposes only. It does not...

santhoshv456

Hi, I am a noob trader and am learning price action. I could see a cup & Handle pattern and Bullish Engful in the L&T. Any Experienced trader watching this please correct me if am wrong. Note: This is truly for Educational purposes not providing any trading tips.

santhoshv456

I am a noob trader, learning price action. I just felt Nykaa is forming a double bottom pattern, which a can result into a potential up move. Any experienced trader viewing this can comment if my interpretation is wrong.

santhoshv456

Hi, I am a noob trader, learning the Price action. I could see a wedge in Vip Industries Limited and the RSI also showed positive. I was thinking there might be a pullback that can give 8% on the weekly chart. Any experienced trader watching this, can correct me if my analysis is wrong and share your views on this. Thanks in advance.

santhoshv456

I am a noob trader, I started doing some price action analysis. I came across this stock Triveni Turbine Limited, which I feel just gave a breakout with increasing volume. Maybe I am completely wrong, any experienced trader can look into this and suggest whether my view about this stock is correct or not. It might be a false breakout aslo. Thanks in advance.

santhoshv456

I am a noob trader, I saw the above chart is forming a wedge and I see a 9% move in the coming weeks. I am attaching a screenshot of my analysis, and I also observed the RSI indicator giving positive signals. Any experienced trader viewing this can correct me if I am wrong. Thanks in Advance.