Head and shoulder pattern is formed. Generally, head and shoulder pattern formed is formed in uptrend as a reversal pattern and inverted H&S pattern in downtrend. But, here h&s is formed in downtrend, still I am considering as a reversal pattern and other details are mentioned on the chart. Happy trading :)
Bullish bat is formed. Major support at 481/90 level. This should be the reversing zone. Going long at this point can give you sweet points. Overall, trend is following pitchfork, expecting for breakout. Details in the chart. Keep supporting :)
Everything is mentioned on the chart. Initially it gave us a breakdown opportunity from the trend line, which I missed. Now, for long it has to come more down and it may take few trading sessions. So, we have much time and also not sure whether the trade will be active or not. It's like I am flying in the time machine :) Hope, for the best.
Will the coffeeeee spill from the cup or stay in the cup? Long above 664, but dogi and option chain doesn't seems to be in favor of bulls. If it does not breakout, target for short is 638/21. Let's see.
Formation of bearish Gartley is in progress. Tomorrow if market is in favor of bulls expect target of 899 above 892(intraday). If it breaks 900 and sustains above it. Expect 920 levels and that can be a reversal point for target of 860 with cbsl above 926.
This price looks attractive for long. Go long for tgt. of 1440 in coming trading sessions with small CBSL below todays low. For safe entry, enter at 1994\5 level tomorrow if it doesn't open gap down tomorrow. There can be small hurdle at 1410. Watch for that. For more safe entry, wait to cross 1410 level.