descending triangle pattern hasa been formed .... nifty is falling good stock to short ........
In SBIN on 30 minute time frame there is a ascending triangle formation...... which hints a bullishness in this stock ...in upcoming days if the market is bullih and bank nifty is bullish than sbin is a good stock to long....
in daily time frame larsen and turbo gives a support toa trend lline... it it makes big green candle
stock is downtrending and the stock is below 50 ema and 200 ema ...
rsi bearsish divergence macd signal nifty is on top chances if the market is bearish than the chances of nifty is going to falling...
first situation is 50 ema is braekdown the 200 EMA and giving a selling signal and MACD isbelow the zero line adx is rising when stock falling 50 ema breakdown the vwap..
first is symmetrical triangle has been formed and adx is declining and the stock is making lower lows..and the macd is give negative divergence
the stock is downtrending and the first bottom has been formed of the double bottom has been formed....
fisrt of all overall mkt is in downtrend and the stocl is also indowntrending thwe rsi divergence ais all also indiacate
idfc making a higher highs and head and shoulder pattern has been formed at the support level and it cLose to braeking a 50 ema on 15 minute time frame..
The Rsi momentum starts decreasing and adx also deacreasing on a 15 minute time frame