gmaster29

gmaster29

It recently hit all time high and sold off, and now it's forming bear flag. It needs to take out 995, 1028 and 1052 resistance levels to reverse the trend. But short term it looks little bearish, might just consolidate side ways for some more time to pick up a direction - Bullish or Bearish.

gmaster29

MANAPPURAM in upwards channel. Expect it to run within this channel. I also see another trendline within the channel marked in blue lines. Though Manappuram sold off recently due to bad results, long term trend is bullish , as gold prices will shoot up high in 2022 due to Inflation across the world and currency devaluation. If it breaks out above the channel,...

gmaster29

Godrej Properties has been in a mega bull trend for last 2 years. Clearly we can see the pattern, Breakout , Side ways consolidation for a period of time and breakout again. It has followed this breakout cycle twice in recent times and now is in the formation of 3rd breakout. Price might chop a bit on the side ways for few more months before another breakout. Long...

gmaster29

BAIDU has corrected more than 55% from top and is consolidating in range bound in a box. Need to take out previous triple top at 182.6 and then 191.55, to fill the gap at 197. If it breaks below the box, downside support at 117

gmaster29

BABA hovering inside major downward channel, need to break out of the channel for trend reversal

gmaster29

In downward trend, Higher lows and Lower lows. It will bounce off to test the trend line and fill the gap at 8.57. If it breaks above the trend line, it will be trend reversal and will try to test 10.5 levels.

gmaster29

Strong base is forming. Breakout above 10.10 will make bullish trend, with key resistance level to watch at 10.52, 11.75, 13.15, 13.80 and 16.28. Upside potential of 36.53% in mid term.

gmaster29

Forming potential inverse head and shoulder pattern. Need to wait, as right should is still in formation. Once it breaches S10.35 level, it will breakout to $13.43 quickly. Mostly it will hit these levels by Dec 2021 to Feb 2022.

gmaster29

Formed Bull Flag Pattern in last 2 years. Right now in Descending Traingle pattern, which is bearish. If it breaks bottom trend line, it will be major downside. For trend reversal, need to breakout upper trendline with 3-4 above the line.

gmaster29

Sidewise consolidation for last 16-17 months. Long term very bullish chart. It needs to take out 140 levels and previous all time high for next level breakout. Mostly it will chop around inside the channel.

gmaster29

Long term Bearish trend, stay away. Might pop up a bit and again go down.

gmaster29

Copper miners in a long term consolidation phase since it hit its peak in 2011. Eventually it's forming a cup and handle pattern. Expect COPX to test the $47 level strong resistance in next 9-15 months, eventually getting into a multi year bullish breakout crushing all hit highs.