Ascending triangle in lupin 1 hr Multiple time resistance tested Idea invalid below 614
Consolidation in 1 hr timeframe resistance multiple time tested Idea Invalid below 327
INV head and shoulder in lupin in 1hr timeframe Consolidation in 15 min timeframe
HDFC on 5 fib levels on 1 hour timeframe Contraction in 15min timeframe At .5 fib levels
Inv H&S in daily timeframe Breakout in 1hr timeframe Consolidation after breakout in 15min Trade invalid below 980
Pole and flag pattern formation in daily timeframe Consolidation in range for last one week Close to 11 inside candles in daily timeframe Pattern invalid below 360
Consolidation in Range Trade Execution above 690 SL 684 Target 1- 700 Target 2- 708
Inv H&S in HDFC Life Active Above 556 SL 552 Target 562-563 Idea Invalid Below 551
Banknifty making Pole and Flag and Inv Head and Shoulder. We make see Short covering rally tomorrow. Bouncing from .38 Fib Levels Pattern activate above 34300 Idea Invalid below 33970
Inv H&S is being formed in BNF Active above 34600 Target 35000 Gap Filling Zone Idea Invalid below 34350
34000 Will Act as Strong support Zone Retracement till .38 or .5 Fib level will be a healthy retracement for further downward movement BNF has been trading in Range and With volatility for last 2 Trading sessions Which makes it high probable trade on long side with directional move till gap filling Idea invalid Below 34150
Nifty is in Process of forming Inv Head & Shoulder Pattern will activate above 16950 First Target 17050 Second 17150 Reason for trade 1. Above 16950 Nifty recent fall is nullified as it crosses .68 Fib level of fall 2. Nifty Wed fall was Panic reaction to RBI news 3. Nifty Support was at 16850 and currently trading above support Idea Invalid below 16800
Pole and flag pattern being formed in BNF Support being taken from .38 FIB levels trade active above 36520-36550 target 36850 Idea invalid below 36250
Pole and flag visible in 1hr timeframe Consolidation in range for last 5 trading sessions Active above 788 Target on Chart SL 777 Idea invalid if 1 hr candle closes below 777
Flag and Pole Pattern on Daily timeframe Inv Head & Shoulder 600 Psychological Support Consolidation after a strong Rally
Head & Shoulder Pattern being formed in BNF Huge OI at 38500 acting as resistance Profit booking pending for last few days rally Idea Invalid above 38500
BNF Retracement almost near completion. Clossing is above .5 Fib level Max we can expect till 35936( Below same the rally will have minimum effect for trend progress) 36k is strong psychological level nd we can see huge PUT writting. Above 36200 we can see bnf moving till 36600 Idea invalid below 35900
We may see Head & Shoulder pattern being formed Pattern active on breakdown of 35200 zone idea invalid above 35500 Plan your Trade Trade Your Plan