SGX Nifty made high of 18142.5 & then it formed a pattern called as "Bearish Engulfing. SGX Nifty was forming higher highs with negative divergence. It formed Top 1, Top 2 , Top 3 & Top 4 with lower volumes. Whenever any stocks or indices made higher highs with dry volume i.e. Negative divergence wait for chart pattern to form because it means that particular...
Pattern formation - Piercing Divergence are positive. 1:1 target is 15786.15. Nifty high was At 15793.95 and closed at 15764. On the charts there are following gaps:- 1. 15927.45 - 16191.45 2. 16324.70 - 16481.80 3. 16487.25 - 16563.65 4. 17414.70 - 17463.10 So on the basis of these gaps and if this bullish pattern continues we may see first target of...
From IPO to till date Analysis of MAP My India. For learning purposes only.
Shooting Star pattern in 1 Hour Time-frame. SL 1068 1:1 Target 1032.
Pattern shooting Star High 3317.30 1:1 ratio target 3247. MACD Divergence Negative. Time-frame 1H
In Tata Motor hourly time-frame bullish Engulfing pattern was formed. SL mentioned in the chart. 1:1 target achieved.
In 30 mins time-frame we can see index increasing with negative divergence. Watch for chart pattern. THEN CONFIRM SAME IN HOURLY TIME-FRAME FOR TRADE.
Sgx nifty formed double top with negative divergence. Reference chart attached.
In horly time-frame of Hcl Tech hammer pattern formed. SL mentioned in chart. 1:1 target achieved.
In wipro hourly time-frame there was a formation of hammer. SL mentioned in chart. 1:1 target achieved. Divergence are positive.
In sgx nifty shooting Star pattern is formed. Also there are negative divergence. Wait for confirmation candles. SL is mentioned in chart.
Tata Motor 1 Hour timeframe there is a formation of Hammer. Wait for confirmation candle and when it breaks confirmation candle high you can trade. Learning purposes only. SL 425
SGX NIFTY formed piercing pattern at the bottom. Also MACD positive divergence are forming. We may see positive opening tomorrow. SL is mentioned in chart.
Tata Motor in 30 mins time-frame formed bearish harami. SL 443.85 Probable targets is 428.25. But primary trend is bullish. This means buy in equity and short in short term (option trading).
TCS formed shooting star with MACD divergence in 1H chart. SL and Probable targets mentioned in charts. For learning
Runaway Gaps Good uptrend can have runaway gaps caused by significant news events that cause new interest in the stock. There is a significant increase in volume during and after the runaway gap. Recent Events - Tata AGM 2022 Exhaustion Gaps This Gaps formed near or the end of good uptrend. Identified by high volume with a large price difference between...
In weekly time frame Hdfc Bank formed a hammer pattern. Also after hammer formation candlestick pattern gives buying confirmation with SL of 1271.60. Possible 1:1 target is 1451.7. As weekly target takes time to achieve its great to buy this in equities rather than options. You can also see positive divergence. This is for learning purposes only. Thanks
Shooting Star H1 target achieved. Now it's forming bullish harami in 30 mins time frame.