On the daily timeframe, we notice an inverted head and shoulder pattern, as well as after breaking a long lower low pattern and making an excellent higher high pattern on the weekly timeframe, In my observation we see 20% -30% upside in next 2 to 3 quater.
bitcoin again breaks the 60k mark and on the chart, I see the resistance on an all-time high after crossing the all-time high I will make a long position.
In cdsl we see a good opportunity to enter after the breakout of symmetrical triangle pattern in parallel continuation. I see a great upside in the upcoming 1 or 2 month.
In this 1 hour timeframe, a good consolidation after a good rally is going to be a breakout in quick 1 to 2 candle formation on the upside, after that we see a big upside 10% -15%
In Nifty bank, I observed that there is resistance in the current level when this resistance break we see an upside of 500 points in the near term. Due to market sentiment, this will we happen on Monday or a Tuesday
My view about TCS is Clear After a good Correction of double top Formation the trend is changing and it is forming a reverse bullish pattern In TCS I observed there is strong momentum we see in terms and also we see this stock for 3 to 6 month we see 3425 levels.
It has been observed consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the large move of 10% to 15%
A long Daily downtrend appears to have bottomed out with a surge in volumes forming a "Butterfly" harmonic pattern.
Breakout of the Rounding Bottom is indicative of a Bullish Reversal, which could push up towards the next resistance zone.
It makes a clear inverse double bottom pattern that is going to prepare for a good upside breakout so we can see upside in the near term that also leads bank nifty.