sarangmv
Wipro in 4 Hour Timeframe formed Twizzer top pattern & bearish engulfing. If next candle formed bearish then pattern will be confirmed i.e bearish engulfing and you can set 1:1 target.
Chart pattern formed is bearish Engulfing on daily chart. SL is 629.55 If it breaks low of 602.10 then target on daily chart would be 574.65.
ICICI Bank in weekly Chart formed double top and shooting star. SL is 943.25 1:1 target is 851.05 MACD divergence are also negative.
Timeframe - Weekly Pattern - Bearish engulfing SL - 2734 1:1 target :- 2350 Also MACD negative divergence are there. Rsi also in downtrend.
Double Top + Shooting Star 919.95 SL 900.85 Second bearish candle low 1:1 target 881.75
Resistance & Support. Sgx nifty showing resistance around 17460. Now previous resistance around 17045 is a support. It may retest the support and may bounce back to retest resistance again. Otherwise it will form a bullish pattern below support and bounce back.
Bank Nifty formed hammer in 4 hourly time-frame. Hammer low and second bullish candle high mentioned in chart. If it breaks high of second bullish candle then 1:1 target will be 40235.