Bullish flag and pennant Path arrow = guide for long and short
Price has given a good breakout from the falling wedge pattern after making a double bottom. The neckline of the double bottom will act as support. Blue dash lines will serve as target/ resistance. If resistance breaks then the same levels will serve as support
Breakout done from the falling wedge pattern Double bottom marked
Important levels = Horizontal line Falling wedge pattern
Earlier we have seen breakout from the Bullish flag Resistance from poles high and now retesting Follow the fibo levels Guide = arrows
short term flag and pole follow fibo levels on upside
Triangle Falling wedge channel Support from 200 moving average Breakout above 50 moving average
Maruti gearing up to move upwards. As you cab see this is a long term analysis via weekly chart. Stock has formed an inverted Head and shoulders patterns. breaking out from this can lead to previous highs of 10k+ Follow idea to get new breakout levels and stay updated!!
Looks good for long term positional view. Earlier had given a breakout from falling wedge and retesting now. Black lines are all very good resistance zones.
long above green line Breakout from falling wedge red line is Stop loss (SL)
Bullish Flag and Pennant Pattern (Flag and pole) Long above breakout for give fib targets. Follow green arrow. Disclaimer - Cryptos are volatile. SL is must. trail stop loss once in profits!
Banknifty is consolidating from the past 4-5 months and now at very good resistance level (Black line). If this breaks then can be good signs of accumulation stage. When compared with nifty we have seen a decent move upside and Banknifty is bit lagging from the past year due to uncertainty. I would suggest you to long and hold Banknifty for a few months....
Earlier we have seen a very good uptrend from the bullish rectangle forming a rising wedge pattern. Stay long as long as price stays inside the channel. Short on breakdown from channel for the given targets. Also target areas can act as support and be possible reversal zones. Follow future price action. Target = Blue horizontal ray Green arrow = Long idea Red...
Ascending triangle formation for long term. At rising support of the triangle Currently use the rising wedge pattern blue trendline plus rising support of the triangle. Long = Green arrows Short = Red arrows (wait for reversal signal)
Bullish flag and pennant pattern. Long once price breaks the ascending triangle with 190/192 as stop loss. Targets can act as reversal zone too. Purely for positional
If gives breakdown below the Rising Wedge short for given targets. Also targets can act as support and reversal zone. Follow red/ green arrows according to price action.
Consolidating from a long period of time. About to give a bullish breakout. can look for positional longs according to the green arrows.
We had a breakout from Bullish Flag earlier but now can see consolidation, forming a bullish rectangle kind of pattern. Positional view No trade inside the rectangle. Black rectangle for additional security. If we get a breakout above 15970/16000 levels long for targets of 16280/16488/ 16600 But if price falls below 15560 and 15440 then we have a short ...