Welspun Living formed Cup n Handle Pattern in monthly time frame analysis it seems breakout of 170 resistance level with monthly candle if price sustain above 170 more upside possible till 466 approx as per pattern target. Happy Trading.
SUPPORT AREA AT 1545-1585 AND RESISTANCE AT 1725 IF BREAKOUT AND SUSTAIN THIS LEVEL ON WEEKLY CHART, NEXT TARGET 1945 APPROX AND ABOVE... Support Area at 1545-1585 and Resistance at 1725 if Breakout and sustain at this level on weekly chart, next target is 1945 and above. Happy Trading.
This stock formed Cup n Handle Pattern in weekly time frame and seems breakout of previous resistance of 2021 if bullish candle sustain above 240 target is 535 approx. Happy Trading.
Wipro formed a Cup n Handle Pattern in weekly time frame. Level 546 is neckline of pattern, Breakout of this level confirmation of pattern breakout so you can bullish in this stock for the target of 725-740 approx. Happy Trading.
Bank Nifty Bullish Pennat Formed in 15 minutes, i think this pattern help to made right shoulder in day wise time frame of head and shoulder pattern. If you want to know about bank nifty day wise time frame see my first post in bank nifty ideas. This is my view but market is dynamic nature so pls maintain your risk reward and money management. Happy Trading.
As per Daily Time Frame market try to form a Head and Shoulder Pattern. Left Shoulder and Head form already now try to form right shoulder at near 53095. Means Bearish after 52075 neckline. As per 15 minutes time frame form a W Pattern, today breakout and retest at 52415 means bullish at 52400. Happy Trading.