Price is trading near itsw IMP resistance if it brakes upside we could see a upmove
Looking to buy Aarti industries for swing trading if the price moves as I planned
1. AS YOU CAN SEE A PENNANT PATTERN IS FORMING AND VOLUME IS ALSO DECREASING 2. ANY BREAKOUT WITH INCREASING VOLUME CAN GIVE A GOOD MOVE
1. As you can see the price is at support and forming a double bottom pattern and done breakout also 2. if on Monday market open bullish we can see a good upmove in rbl bank
* BANK NIFTY BROKE ITS RESISTANCE OF ALL TIME HIGH IN DAILY TIME FRAME * AND IS DOING A RETEST * ALSO FROMED A HAMMER CANDLE IN DAILY TIME AT SUPPORT
- TCS IS FORMING HEAD AND SHOULDER AT PRIVIOUS HIGH RESISTANCE - BREAKOUT CAN GIVE A GOOD DOWN MOVE - TARGET CAN BE SUPPORT SHWON IN CHART
AS YOU CAN SEE IN ICICI BANK PRICE TOOK A SUPPORT AT 0.5 RETRACEMENT LEVEL . THIS INDICATES PULLBACK HAS DONE AND PRICE IS HEADING TOWARDS UPSIDE , UPSIDE BREAKOUT CAN GIVE A GOOD MOVE
As you can see in 1 hour chart , Price have brokrn the major trend line support Price was moving in falling channel and then break that channel at up side Now if the price break the privious high then i will be looking for the long position
AS YOU CAN SEE TATA POWER STOCK IS AT ITS RESISTANCE AND FORMING A PENNAT PATTERN AT ITS RESISTANCE I CAN CLEARLY SEE THE BUYING VOLUME HERE BUT I THINK WE HAVE WAIT FOR THE BREAKOUT AND BREAKOUT DIRECTION WILL DECIDE THE DIRECTION OF THE STOCK MY VIEW IS BULLISH
As all know tata motors is moving in good up trend and now it is taking the retracement and as pet my analysis that red line will work as the support here and after if that falling wedge pattern brake at upside we can initiate a long trade
As you open the 1 hour chart of wipro price is coming down to take the support And in 15 min chart it done the retracement of 0.612 moving upward to form thr bear gartely pattern
as i drown cipla is moving in the rising channel and trying to come at its support and also forming a fakking wedge pattern so this is my analysis
As ihave marked the level by the rectangel is the resistance faced by the price and also there is 0.628 fib retracement level
AS YOU CAN CLEARLY SEE HERE THAT PRICE OF THE BHARTI AIRTEL IS RESPONDED TO THE 0.7 FIB RETION AN ONE SUPPORT IS ALSO THERE
as the price of hindaloco chart is facing the resistance at up terndline also made the triple bottomso it can fall