shiv0110

shiv0110

Tata Power has already formed a inverse head and shoulders pattern in the weekly time frame that too at the bottom and gave a beautiful breakout from there along with amazing volumes now this long term trendline being broken . my targets for TATA power is 96 for the INH & S pattern ! Disclaimer : This is my own analysis do your own research before entering any trade .

shiv0110

THIS CAN BE A PERFECT INVERTED H&S PATTERN pattern is visible after a good down trend the volume pattern is also convincing as left shoulder has the highest volume and right has the lowest . there is 50 DEMA AT AROUND 1279 ONE CAN WAIT FOR atleast an hour candle to close above 50 DEMA can be bought above 1281 if it is broken with good volumes , do not buy if...

shiv0110 Updated 

reliance is showing another flag pattern in 15 minutes chart after flag pattern breakout in daily charts . long if the channel breaks . perfect downward moving channel.

shiv0110 Updated 

looks like a good flag pattern in lupin, as the flag is perfectly sloping downwards against the present trend. the volume has also declined perfectly as it should decline. lets wait for the breakout from the channel and keep an eye on the volumes if there is a spike of volume when it breaks out. the target which the pattern projects is around 120 points :O .

shiv0110

i posted this before too lets watch on the volumes and if the neck line breaks good divergence on RSI too.

shiv0110 Updated 

A good morning star at the bottom , it has broken the highest high of the candle of morning star pattern today. also there is Bullish divergence in RSI and MFI. there is 200 DMA around 233 levels , 20 DMA around 226-227 and a good resistance at 238-240 levels keep an eye on this. i traded the morning star bought at 228.90 . Expert comments are always welcome and...

shiv0110

Experts comment needed has it been identified correctly?

shiv0110

the stock has bounced back from its 200 DMA on monthly charts twice good positive divergence in RSI,MFI from oversold area. Expert Comments needed! thanks in advance.