A head and shoulders formation is expected to form.
Bullish Breakout expected from the triangle, we can also expect a cypher pattern formation with all retracements. Buy if the bullish pattern is completed.
Head and shoulders formation is observed around the price support level, i am expecting a bearish behavior with a breakout from the wedge in this week . Look for shorting opportunities
Look for shorting the stock as it has broken the support level and wedge line on daily chart.
Asian Paints will acheive new heights it has formed an inverse head and shoulders in the hourly chart. BUY BUY
We can see an inverse head and shoulders formation in the hourly charts of nifty. Accordingly an upmove is expected. Traders gear up.
We can see a rising wedge formation in the daily charts look keenly for breakout.
Falling wedge and triangle formation on gail daily chart look for breakouts.
Formation of rising wedge is visible look for downside breakout and shorting opportunities.
Triangle formation inside falling wedge check the chart carefully. Wait for the breakout and ride the move.
We can spot a triangle formation in the hourly chart of BPCL. Look for breakout.
We can clearly see a rising wedge formation in the chart. Look for breakouts.
A rising wedge can be observed in the chart look for breakout on the downside.
DR reddy has formed a rising wedge on daily chart and there is expectation of an upside breakout. Look for long opportunities.
In the daily charts a rising wedge formation can be observed, look for bearish breakout.
Reverse Head & Shoulders formation in dialy charts expect target of around 2020 if setup is complete. Constructive criticism and opinions are appreciated. Thank you!
Reverse head and shoulders observed bullish expectations PS: Constructive criticism and opinions are appreciated. Thank you!
A bearish flag formation is seen, will the upcoming elections and budget uncertainity lead to a downside breakout. If it does it will lead to a downfall of around 700 points from the breakout. This can be a good short for risky traders. PS: Constructive criticism and opinions are appreciated. Thank you!