NSE:NIFTY1! Chart Pattern : Descending Triangle In descending triangle chart patterns, there is a string of lower highs that forms the upper line. The lower line is a support level in which the price cannot seem to break. Descending Triangle Chart Pattern In the chart, you can see that the price is gradually making lower highs which tells us that the...
NSE:ICICIBANK Time frame : All Levels to be followed on Closing basis only. Makets at all time high so intraday Volatility may persist. Chart Pattern Identified : BEARISH WOLFE WAVE In its bearish version , the highs and lows are increasing and herald a downward reversal of an uptrend. 1) A significant maximum is formed, preferably an absolute maximum (...
NSE:LINDEINDIA The Stock has given a Breakout of Triangel Pattern in Weekly Charts. One can have a Bullish View on the Stock for the Next few months with 3780/4190 as Targets with 3248 as SL. Disclaimer. I am not a SEBI registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not...
NSE:INFY Chart Pattern Identified : BEARISH WOLFE WAVE In its bearish version , the highs and lows are increasing and herald a downward reversal of an uptrend. 1) A significant maximum is formed, preferably an absolute maximum ( point 1 ) 2) The price falls and forms a minimum ( point 2 ) 3) The price rises and forms a subsequent maximum higher than point...
Beakout of HEROMOTOCO from an Ascending Triangle. Buy @ 2730 for Targets of 2850 with for medium term. SL 2660.
A must have stock in your Portflio for 2023. NSE:TATAMOTORS A triangle pattern breakout can be seen in coming days on weekly charts. The stock has potential to break its 52 week highs in coming weeks.
STOCK : NSE:GNFC GNFC has given a Breakdown in weekly charts forming a Symetrical Triangle. Sell For Targets of 510 in Medium Term.
ICICI Bank is currently consolidating in a channel formation in Hourly Charts. Any up move above 920 Levels with good volume can bring fresh breakout in this stock in Short Term. Do not pre-empt this… Fresh Longs only if the stock is above 928 with good volumes. If Stock breaches 895 Levels we may see Lower levels.
DESCENDING TRIANGLE PATTERN - 15mins Candlestick Chart The Stock may see fresh Selling if 6964 (Previous Swing Low) is Broken with Volumes. Possible Targets 6860. Do Not enter a trade till the breakdown is confirmed by a fall below 6964. View may be Negated if stock Closes above 7050 Levels. NSE:BAJFINANCE
Buy Zydus Life around 450 for Short Term Target of 510. SL 430. The stock has crossed its Resistance zone.