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.
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Patterntrading
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.
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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 !!
KOTAK Bank is going to blast Upside !! Kotak Bank is around Long term Support !!
Stock is consolidating since 2020 and has given No returns so far
In a rangebound market one should always Buy around the support !!
Stock is forming base around 1600-1650 level.
Also Stock is around EMA support and on RSI Support on a Weekly Timeframe
All these indicating Technically Stock is at good Support
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
PTEN: Long position, bullish wedge with huge profit potential 🛢There is nice setup by bullish wedge for mid/long term breakout position trade on
PTEN.
After more than 1year consolidation formed bullish wedge. Now price starting to pump up out of the wedge. at 15.87 level there is 1st potential to take some money of the table because there is long multi years supply zone that toping somewhere at 20.69 level
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Long position trade setup
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Entry: 12.21
Stop Loss: 10.21
Profit Target: 20.37
Trade duration: 8-12 weeks
Mahindra Logistics going to give 300% !!Mahindra Logistics has given 60% fall from highs !!
Stock is around the support of Rising channel
We can clearly see stock could touch upper range of rising channel which is coming around 1050-1100
Stock may also come down till 300 levels and that would be the best level to BUY
Thank You !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
EUR/USD: A special Place in the Market
Good day fellow traders,
EUR/USD is in a very special place, we over the last 259 day have made a triangle on the weekly chart an currently sit on the APEX of a breakout favoring a strong dollar. One must wait for confirmation of a break out below the lower level of the triangle. The target for a move would be October 4th, 2023 low.
There is potential for a reversal here, a tag of the upper level of the triangle would confirm this. For those who are unfamiliar with triangle and the trading rules that govern them. Let me make it simple or put it in term of ThePipAssassin!
Triangle Trading Rules are as follows:
1.) Must be contained in a range, that is getting smaller on each leg. (Squeezing)
2.) Must have only 5 touches of Support and Resistance for trend continuation.
3.) 6 touch and/or legs and we are going to breakout in that direction forming a triangle reversal.....
NASDAQ - Last few upside moves. CAPITALCOM:US100 is entering the last stages of this rally which could top out around 18600 -18800 depending on the patterns that show up.
I'm currently chasing the 3 Drive ABCD Pattern into the major level of 18800.
We had a nice smaller TF ABCD overnight and are moving up from that. Looking for more upside today.
HARMONIC PATTERNS TRADING | ABCD PATTERN & HOW TO TRADE IT
Harmonic ABCD pattern is a classic reversal pattern.
In this article, I will teach you how to recognize that pattern and trade it properly.
This pattern is composed of 3 main elements (based on wicks of the candles):
1️⃣ AB leg
2️⃣ BC leg
3️⃣ CD leg
The pattern is considered to be bullish if AB leg is bearish.
The pattern is considered to be bearish if AB leg is bullish.
AB leg must be a strong movement without corrections within.
A is its initial point and B is its completion point.
BC leg is a correctional movement from B point after a completion of AB leg. The price may fluctuate within that.
B is its initial point and C is its completion point.
CD leg must be a strong movement without corrections within.
C is its initial point and D is its completion point.
❗️ABCD movement is harmonic if the length and the time horizon of AB and CD legs are equal.
By the length, I mean a price change from A to B point and from C to D point.
By the time, I mean a time ranges of AB leg and CD leg.
If the time and length of AB and CD legs are equal, the pattern is considered to be harmonic, and a reversal will be expected from D point at least to B point.
🛑If the pattern is bullish, stop loss must be placed below D point.
🛑If the pattern is bearish, stop loss is placed above D point.
Initial target level is B point.
Usually, after reaching a B point the market returns to a global trend.
What pattern do you want to learn in the next post?
Big Swing Trade Opportunity in ASHOK LELANDAshok Leyland is around the medium support
With the support EMA is also working and we are getting support around the same level
Support levels are 155-160
We can see jump upto 210 level in coming weeks
Thank You !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
#GBPNZD inverted head and shoulder patternAs evident from the chart, the price is not only currently trading towards higher prices within a rising channel line but has also established a valid breakout from a very long-term daily timeframe inverted head and shoulders pattern.
This phenomenon suggests a high possibility of a bullish move in this currency pair, and we might witness much higher prices in the future.
If this pattern materializes, based on the one-to-one price target projection, we can assume that the price will at least reach the previous top formed on August 21st, 2023, if not higher.
However, I recommend waiting for a pullback towards the broken neckline before taking a position on this pair, or alternatively, look for the proper entry point in a lower timeframe based on your strategy.
If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Get Ready for Huge upside as PVRINOX at Support !!PVRINOX is around the long term support !!
Long term support is working from 2008 and now around the support
Long term support is around 1150-1240
In a weekly timeframe Stock is making falling channel
Falling channel support is also coming around 1180-1240
We have confirmed these levels from 2 charts
So Probability is higher that prices may bounce from these levels.
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
GBPAUD BEARISH IDEA-Broke previous low
-(4h) demand zone is the target
- Bullish falling wedge pattern is being created on higher time frame (4h)-(D), Take a close look, the target of my trade would be stopping early buyers on short term demand zones ( $$$) all the way to the main (4h) demand. And once price reaches this zone, we will be looking for a long term BUY ---> (BLUE PATH)
I highly anticipate some kind of manipulation since both buyers and sellers are currently strong !
FOLLOW FOR INSTANT UPDATES since
price can react differently!
Delta corp is bottoming out Soon Delta Corp is Bottoming out soon irrespective of any news !!
Stock is near long term support of 90-100
Currently stock is in a falling channel and prices may continue to go down unless it don't breaks the upper resistance of the channel
Every time stock comes around long term support we can see huge upside of 200-250% in few months
Keep it in watchlist and take your own decisions !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.