Reliance will fall hereonReliance industries is around the Long term Resistance
Right now on a Daily timeframe, Stock is making Broadning pattern
If Stock follows the pattern then we can see downside of 10-13% from these levels
Disclaimer :- This is POSSIBLE BROADENING Pattern
Thank You !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Patterntrading
Simple Bitcoin Comparison to last breakout shows us...Patterns are everything in the market. When we're given the patterns ahead of time by analyzing previous price action, we can know what to look out for in order to catch the breakotus before they happen.
For us, on bitcoin, we know we have this red algorithm that needs to prove itself before breakouts. We can see that similar to last breakout, we're approaching that tapering algorithm on the sell-side in addition to our buying continuation orange & green. Strong likelihood of a bounce here and at least a retest of purple if not an ultimate HTF breakout.
Happy Trading :)
Power Finance, Target Reached, 295 % Profit _ Complete AnalysisIn Power Finance Corporation a "Symmetrical Triangle Pattern" formed and Breakout, Reached the Target. Buy in February 2023 at the Price of 113 rupees and Sell in January 2024 at 450 rupees. This Result in a Total PROFIT of 295 % within a Year (11 months).
EURUSD - Key Area. Will the rally fail?OANDA:EURUSD Completed a small Gartley pattern on Friday, now we look for a rally to see if it's going to fail around the 1.0853-1.0880 area.
There are bigger TF patterns that take it a lot lower with the first one down below 1.0600 and larger pattern below 1.0300.
A move above 1.0950 could send it towards 1.1100 and even 1.1300.
That's why this week is so critical to where we head next.
I will post the weekly AI to see if we can find a CIT Window.
Enjoy the week.
NLC India 334 % PROFIT and Reach the Falling Wedge Target 267Rs.I have identified and Analyzed a "Falling Wedge Pattern" on 21-06-2022, at that Time the Price was 61 rupees. Now SUCESSFULLY Breakout the Pattern and Reach the Falling Wedge Target 267 rupees. After Breakout, Target Reached within a YEAR.
Overall PROFIT 334 % within 2 years. So the "Pattern" is most Crucial in stock market. Thank you.
I want to help people to Make Profit all over the "World".
Hang Seng _ Wedge Pattern forming, Target 1_(20694), T2_(29000)Long Term Analysis : "Wedge Pattern" forming in "Hang Seng" and down trendline is "Breakout". So market move to Bullish Trend, wait for if Retest or Trend Continuation. And the 1st Target is 0.5 Fibonacci Retracement price (20694), 2nd Target is Wedge Pattern Top is 29000.
After Reach the Wedge Pattern Top (29000) expect Breakout the Pattern.
I want to help people to Make Profit all over the "World".
Taiwan Semiconductor - Unknown stock with trading potentialNYSE:TSM is one of the rather unknown stocks with an impressive market capitalization of 680 billion dollars.
Just a couple of months ago TSM finally broke above a major previous resistance level and confirmed the bullish triangle breakout. Momentum is quite strong so far so maybe we will never see the previous structure again. In this case there is no need to actually chase the all time high. However, a pullback might still be quite likely and this might present an interesting long opportunity in the future.
Levels to watch: $130, $100
Keep your long term vision,
Philip - BasicTrading
Double Top, Next Target is Trendline Bottom.Down Trend start, because Banknifty did not closing above previous top or resistance level and it formed Double Top. So we expect market coming down, next Target is Trendline Bottom.
And also Nifty 50 did not Breakout the Channel Pattern, Trendline also Breakout, SGX or GIFT also Breakout Trendline.
I want to help people to Make Profit all over the World.
BADGERUSDT will be Pump 21% ? Long EntryBADGERUSDT is a new coin which has been in price consolidation for 43 days and is currently creating a pattern.
It seems that this coin has received support from Yearly Pivot and Daily TF 50SMA. And this coin is currently in a range candle and if the line named as "Range high" is broken, a long entry can be taken after the retest with a small tf.
After the breakout, you can monitor the monthly pivot indicated by the doted line, and it will be safer to take a long entry after breaking the retest high of small TFs.
As shown, it seems that this coin can move the price up by about 21%.
This article is not a financial advice and definitely add a StopLoss.
Thankyou
Nifty 50 Reached CHANNEL Top. Wait for Breakout, which directionNifty 50 reached again "CHANNEL" Top. Wait for Breakout to confirm which direction. If Breakout above the Channel Top, it will become Very Bullish. Otherwise, it may come down.
I want to help people Make Profit all over the World. Additionally, I am eager to Receive Money form Worldwide because of my Potential.
Refer this image :
330 % PROFIT. I analyzed Triangle Pattern on (19-01-2021).I have identified and Analyzed a "Triangle Pattern" on 19-01-2021, at that Time the Price was 45 rupees. Now SUCESSFULLY Breakout Triangle Pattern and Reach the Triangle Target. Overall PROFIT 330 % within 3 years. So the Pattern is most Crucial in stock market.
I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money form Worldwide because of my Potential.
Refer this image : charts.fyers.in
Wipro is ready to blast for 750 Targets !!Wipro Chart is Bullish after 20% correction
Wipro is on Law of Polarity working from 2021
Stock has achieved the targets of LOP which was coming around 550
And stock has corrected exactly from there !!
Now stock is around Law of Polarity and also Wipro is making Falling Broadning pattern in an uptrend which indicating Bullishness.
Stock is still around the support area and looking lucrative.
Thank You !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Gold will remain bullish tomorrow as wellFor tomorrow, the resistance areas are: 2400 and 2410. The support area we're finding on the M30 is at 2380. These levels will perform tomorrow, and we should also keep an eye on geopolitical events. Additionally, tomorrow we have Unemployment Claims news affecting us.
HDFC LIFE is going to blast !!HDFC life is a underperformer for Many years.
Stock is forming Broadening Pattern in a long term
We can see stock has bounced back from the support and now in an uptrend stock has formed Falling wedge
Which indicating that stock may go up from hereon
Also Stock is around the support of Falling wedge
Long term support is around 480-500 levels.
One can start accumulate the stock for good return !!
Thank You !!