Double Bottom Pattern with an RSI Divergence in HAL on a Daily Timeframe! Double Bottom Pattern Formation in NSE:HAL ! Neckline Breakout in HAL! Analysis: HAL has made a Double bottom pattern on a daily timeframe after its downtrend so the trend is most likely to change. As we can see price made falling bottoms but RSI has made rising bottoms so there is...
Fan Pattern in NSE:XCHANGING ! 3rd Fan Line Breakout in XCHANGING! XCHANGING SOLUTION Analysis on a Monthly Time Frame! Analysis: Hello all, as you can see I have applied the Fan Principle on XCHANGING SOLUTION, It is a type of Multi time frame analysis, Where we can draw multiple trendlines from an All-Time High price point. As per the Fan's Principle, there...
As we can see i have drawn weekly resistance trendline and price given a clear breakout. I have marked some important levels by using fibonaaci retracement on latest swing which will be acts as a targets. Please keep stop loss as per your risk appetite.
NASDAQ:TSLA Analysis on a Weekly Timeframe! Multiyear trendline breakout in Tesla! Inverted Head and Shoulders Pattern formation at Support! Neckline breakout in Tesla! Of course we have missed the entry in a Tesla but take is as a learning. Where I have combined Multiyear Resistance trendline with Inverted Head and Shoulders Pattern. So what we need to...
NASDAQ:NDX Analysis on a 4Hr Timeframe! Double Bottom/M Pattern Formation in NASDAQ100! RSI Divergence in NASDAQ100! Evening Star Candlestick Pattern at Resistance Level! I have done all Analysis on the chart please have a look! Disclaimer = Consider my analysis for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do...
META Weekly Analysis! Inverted Head and Shoulders Pattern Formation in META! Trend Reversal in META! META was in a clear downtrend. After it has made a Inverted Head and Shoulders pattern on a weekly timeframe. It has given a breakout to it's neckline and retested it so it can be act like a next support level which i've extended. Inverted Head and Shoulders...
As we can see Welspun India has made double bottom pattern (W Pattern) in weekly timeframe. One can enter in if price closes above 85.60 and use multiple timeframe to confirm entry in daily chart also but price should close above 85.60.Then and then only we can see the next upmove in Welspun India upto 118.85. I observed increased volume in last week's candle.
Baroda Bank is making Symmetrical Triangle pattern. Duration of this pattern is more than 8 months so we can consider it as a reliable pattern. Greater the duration taken by an underlying, more reliable it can be. So keep an eye on Baroda Bank and wait for Breakdown/Breakout. One can initiate the trade in Baroda Bank after crossing important levels which i have...
SPX 500 Analysis on Weekly Timeframe! Rising Wedge Pattern in SPX500 Rising Wedge Pattern Formation after a Strong Downtrend SPX500 was in downtrend before now we are seeing a temporary uptrend but if we observe carefully it is an unstructured uptrend, for trend reversal it has to break 4323.56 level. Now SPX500 has formed a Rising Wedge Pattern. This...
We can see the Godrej Consumer Pr is making ASCENDING TRIANGLE PATTERN in daily timeframe. We know ASCENDING TRIANGLE PATTERN is bullish pattern so i am avoiding to take sell side position. This is my personal reason to take only Long side trade if price breakes and closes above 986.30 level. The stock is in consolidation zone about 16 months. So as per my...
NASDAQ 100 Weekly Analysis! Bullish View on NASDAQ 100! NASDAQ 100 Expecting 14000 Level! NASDAQ 100 Moving as per Double Bottom Pattern Analysis! NASDAQ 100 formed a Double Bottom Pattern after a decent downtrend. The index gave breakout to the neck level and did retest to it. After that index moving in upward direction. Now price is moving in a range like...
Bearish crossover on Daily timeframe in Nifty 50 it is in clear downtrend untill now. Personal View -> According to me if it rejects 200EMA and establish resistance at 200EMA level then it will be good opportunity to short with tight Stop Loss slightly above 200EMA. What is your view about Nifty50, comment below
Bosch has established new support at 18474.20. We can go long with bosch with stoploss just below its recent support level and our target will be it's recent high which is 19660.
Double Bottom Formation in Apollo Tyre As we can see Apollo Tyre made Double Bottom pattern in Daily Timeframe and price has taken support on 50 EMA . The Apollo Tyre is trading above the 50EMA. Now it is trading near it's resistance zone 324.60 . Today is has closed above 324.60( above its resistance level). Now we can expect it can go further up upto...
FLAG AND POLE PATTERN FORMATION IN UCO BANK Uco Bank made Flag and Pole pattern in Weekly Timeframe But price is still trading inside rectangle(Flag). We have to wait till the price to go up and break the upper side of Flag. If it successfully breaks and closes above 28.55 . Then there will be a nice Long trade in UCO Bank . Entry = Above 28.55 ...
ZYDUSLIFE given breakout now it is trying to retest if it establishes support at previous resistance level then it we can see further upmove in ZYDUSLIFE.
Double Bottom Pattern formation in Bitcoin!!! As per Double Bottom Pattern Analysis I have market some important levels in Bitcoin 15M Timeframe. Price has closed above Resistace zone so it can be a beautiful trade in the long direction. Target= 29704.40 For Entry and StopLoss kindly see in a chart Entry = 29535.32 Stop Loss= 29413.68 Target = Target 1)...
Naming Correction in Double Bottom in Bitcoin(15M Timeframe)