Multiple times price bounce from AVWAP and nifty50 price follow a rising channel and today bounce rising channel lower boundary , above todays high nifty may be test its upper boundary .
Price always follow a channel and last 22 years banknifty/nifty ratio chart follow a uptrend channel and finally price trading near channel lower boundary . that mean high probability bank nifty outperform Nifty .
After Multi Year Consolidations Finally Gold break the rang and ready for upmove .
After Multiyear Consolidations finally price break the major resistance with Big cup & handle pattern . Chart invalid point below 255.
After Multiyear Under performance finally Private Bank Sector ready to move . This sector now Trading near 10 years support and high probability this support may hold and trading near very low risk zone .
After the multiyear down trend finally price out from multiyear supply range with heavy consolidations . High probability this stock price continue its outperformance in near future and previous weekly swing low act as Exit Point .
After 7 years of down trend finally price break the multiyear resistance and price ready to touch its life high because larger the consolidations stronger the move . Previous weekly swing low act as a exit point .
Larger the consolidations Stronger the move . After Multi Months Consolidations finally price break the range and high probability price test the level near 300 after the todays breakout .
After the 9 years of price wise corrections finally price break the multiyear resistance and strongly weekly close above the resistance and this type of chart setup may be price continue its upmove .
The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks. As its name implies, there are two parts to the pattern—the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom . As...
After price establish a uptrend when pullback Anchored VWAP act as a Support . Exactly today price bounce from this Level .
An inverted head and shoulder pattern forms a bullish reversal pattern after a downtrend. It consists of three consecutive troughs, with the middle trough, known as the head, being the lowest, and the other two troughs, known as the shoulders, forming higher lows. The pattern resembles a head with two shoulders, hence its name. Traders interpret the inverted head...
Larger the Consolidations bigger the move . Price break the range after 8 years of consolidations
After a strong downtrend finally price out from the channel and ready to upmove after some consolidations .
After strong down trend price break the down trend channel and finally construct high high formations in weekly chart thats good sign for this stock . High probability price test life high if latest swing low not break in weekly time frame .
After multiyear consolidations finally price break the range with continuation Cup & Handle Pattern . After this breakout high probability price continue its up move
The double bottom pattern is a bullish reversal pattern that occurs at the bottom of a downtrend and signals that the sellers, who were in control of the price action so far, are losing momentum. In this pattern Bottom 2 low act as a Stop Loss .
After Multiyear Underperformance finally in Ratio Chart Price Trading near 14 Year's Momentum line and looks like Asian paints ready to outperform now .