Ami8singh

Ami8singh Updated 

Hello traders. I've observed bearish bat pattern in NSE:GAIL Price Action seems to be Rejecting the PRZ of a Bearish Bat on the Daily that could lead to a Moderate Retrace before seeing Higher Prices. Hello Trader. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical...

Ami8singh

As you can see, Inverse Head and Shoulder Pattern is about to complete in NSE:GRASIM Entry above POC and Exit targets are given in the chart. Hello Trader. If you like the idea, do not forget to support with a like and follow. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor...

Ami8singh Updated 

NSE:BANKNIFTY Seems to be bullish above 39327, as this level is a Virgin POC. Till then sell on rise is advised. I've plotted these Red Horizontal Rays according to the Session-wise volume profile POCs plotted on NSE:BANKNIFTY Futures. POC's work as strong support and resistance as they are the level of smart money. If NSE:BANKNIFTY breaks the level of 38409...

Ami8singh

As you can see, In NSE:ICICIBANK 15 min time frame, CD leg of Bullish Deep Crab Harmonic Pattern is about to complete. We can see reversal from the level of PRZ. Hello Trader. If you like the idea, do not forget to support with a like and follow. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi...

Ami8singh

As you can see, NSE:POLYCAB is trading near its all time high . It's good candidate for swing trading. RSI (9) is also rising and technically one can enter the trade at breakout and retest of the resistance zone. Hello Trader. If you like the idea, do not forget to support with a like and follow. Above is purely my opinion. It doesn't mean that you need...

Ami8singh

The levels you can see in Red Horizontal Solid lines are Virgin POCs and dashed lines are those POCs which are tested multiple times. These levels are plotted according to the daily volume profile POC on NSE:BANKNIFTY1! Try to observe how the price reacts as these levels in lower time frame. Hello Trader. If you like the idea, do not forget to support...

Ami8singh

As you can see, the price action has formed lower highs and higher lows in NSE:MOTILALOFS . The volatility has also dropped massively. The RSI (9) in Hilega_Milega is having higher lows and equal highs, showing the strength is ramping up. The target out of this breakout is 1075, however, it may break down. ENTRY position @ Breakout with strong momentum...

Ami8singh

Hello Traders. I've observed bearish divergence in NSE:ADANIENT . It seems strength wise resistance has been achieved by the price and now it's time for a small retracing wave. In past few trading sessions indecisive, small and weak candles have formed. This shows the weakness and buyers are no longer willing to drive the price further high. 1715 is the POC...

Ami8singh

NSE:HINDALCO seems to be bullish above the level of 470. The level is the neckline of the inverted head and multiple shoulders which is a bullish pattern and as the script is already bullish in long term, it's a continuation chart pattern here. As you can see, after the breakout of the neckline price has retested the level and rising after taking the support. So...

Ami8singh

Grasim will remain bullish above the 1595 level. So, consider every dip a buying opportunity. Now the resistance level of 1720 has shifted to the 1870 level after the breakout in the previous trading session with a good volume. The level of 1870 is 61.8% of Fib Extension and Weekly Upper Bollinger Band as well. The level from 1870 to 1925 is a Potential Reversal...

Ami8singh Updated 

Descending Triangle Pattern is a Bearish Chart Pattern or Trend Continuation Pattern. As you can see that the price is making lower highs which means Buyers are weak and downward momentum is building. In most cases, this pattern indicates traders to make a short position. But I am Suggesting Long position here as the Bullish Harami Pattern is observed at the...

Ami8singh

Hello Trader. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst. Trade on your own conviction and please consult your advisor before investing.

Ami8singh Updated 

A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound.

Ami8singh

A bear flag is a technical pattern that provides an extension/continuation to an existing downward trend. The bear flag formation is underlined from an initial strong directional move down, followed by a consolidation channel in an upwards direction (see image below). The strong move down is known as the ‘flagpole’ whilst the consolidation is referred to as the...

Ami8singh

Hello Trader. I've observed NSE:ALKEM has completed Bullish Cypher Pattern and Price is trading at Potential Reversal Zone. Targets for Short and Mid Terms are mentioned in the chart. Buy above 3550 Short term : 3710 Mid Term : 3850/4070 Stop Loss : 3450 Note: I am not a Sebi Registered Advisor. Please Consult with your Financial Advisor before Investing.

Ami8singh

Hello Traders. This is just for Educational Purpose and I a not giving and Call or tip to make position at the given level. I am learning these patterns and want to see If I can handle these candle... LOL. I've observed Bullish Shark Pattern in Weekly Timeframe of NSE:TATACOMM I'll Update the chart when the price trades near to the Potential Reversal Zone.

Ami8singh

This can be seen when the pair is in an UPTREND. Once price makes a higher low (HL), look and see if the RSI or oscillator does the same. If it doesn’t and makes a lower low (LL), then we’ve got some hidden divergence in our hands. That's a sign of trend continuation.

Ami8singh

This situation demonstrates that bears are losing power, and that bulls are ready to control the market again—often a bullish divergence marks the end of a downtrend. Wait for the breakout of Trend line as resistance and in RSI also.