Expect breakout very soon above 2700-2750 levels 0.382 support taken & reversed
If this support is broken expect a good downfall Watchout for any reversal indication
Nearing major trendline support 35550 SUPPORT Expect a breakdown from this channel
Near Previious Breakout levels If broken heavy downside
More downside possible since support broken Double Top minimum target not yet hit
NSE:BEML Broke out from consolidation phase, with volume buildup Resistance 1420 taken out. july-26 entered
Might see 1740 levels Inverted flag breakdown
A Bullish Bat usually consists of an extended ABCD Pattern. Both 4-point & 5-point patterns provides a Potential Reversal Zone, which maybe tested completely & trend may reverse. SL below PRZ.
Expecting Gold to break it's ALL TIME HIGH, in the coming month
Example of a Bullish Wolfe wave.
AB=CD PATTERN Target yet to reach.
Currently at 61.8% support. Expecting a trend reversal from this levels
Support taken at 61.8% Expecting a upper trendline Breakout...
Expecting a fall below the current support level..... Also, a possible ABC Corrective Wave formation
Expecting a slight FALL.... Decreasing Volume & RSI also indicates a weakness in price strength. Reliance flew after breaking it's Channel Resistance in the last 2 trading days.
Stock corrected to 50% level after completing a Bearish AB=CD PATTERN. Then support taken at fib levels & uptrend channel support line. Expecting a bullish up movement.