Preparing for a breakout, keep this in radar... once broken the range then we can see a good upside move.
The scrip has formed an pole and flag type pattern in 15 Min TF. Keep this in radar. on breakout we may see a good upside move.
The Scrip is forming a bullish pattern and we can see a breakout soon if we see reversal from this level or price doesn't break previous swing low. Keep in radar. Any confusion comment below.
The Scrip is consolidating a long near resistance and forming a flag type pattern on daily TF, can give a good move on breakout, Keep in radar.
Formed a Cup & handle Pattern and today we closed @ neckline, There may be a breakout. Keep in radar.
Further move of index is depended on the level. Stay alert
Energy sector is most impacted in the current covid correction, There is a significant fall in the sectoral stocks and the index is breaking down from a triangle type pattern, keep energy stocks in radar.
The scrip is getting ready for a breakdown after forming a HnS pattern on Daily TF. keep this in radar.
The Index is moving in a HH pattern and looking like we may fins support near 41k which was a resistance previously. but overall trend is bearish and this is not a buy recommendation. Just an observation i am sharing. Trade safely and carefully.
The index is trying to move up and yesterday it treaded positively the sustained and formed a flag type pattern so possibly its preparing for another upside move.
Friends, here with i have shared view on possible move of nifty and bank nifty in coming days. we may see some more sessions of ups and down in both index, Banknifty - Clearly in a bearish trend now but still if we move above 43k then trend may change.
The Scrip is breaking out for ATH with an Inverted HnS pattern, Keep this in radar.
IT stocks are majorly dependent on US market and Nasdaq plays a major role in movement of IT index, so thought to have a look on NDX and the pattern it looking is pretty bearish. Though index is trading at support but if this index failed to hold level then we may see good selling pressure. currently there are 3 negative patterns the index is in. 1. Inverted...
The index is moving in LL pattern and the bounce could be a retracement of current bounce so be careful bulls and we can see a good correction in any moment of time till we are trading below 18700.
We saw good downward move in index last week but expecting a consolidation till the index is in between 43500 & 43000 range.
Today the index broke a crucial support also this was the break of 1st swing low on hourly TF. expecting further down move in index. SL 18450.
keep this index in radar, there was a breakdown and re-test, may see good downside move.
TCS and all other IT Stocks looking weak, keep TCS on radar for selling, sell after breaking the neckline.