Adanienergysolutions share price bounce from multiyear support and higher high formation in Daily chart . This setup invalid below 718 & better level for fresh entry near 790 .
After Multiyear Down Trend from 2011 finally price ready to break its multiyear channel and this setup looks attractive and high potential breakout candidate. Setup invalid if price break 120 level . So 120 act as a Stop Loss.
After Multi Year down Trend finally price out from down trend and break the multi year resistance and sustain above . If price not sustain below 46 then high probability price test 144 level and above .
123 chart pattern under construction in Nectar life .. Above 29 this pattern activate and stop loss below B point and target 45 .
After multiyear downtrend finally price out from down trend channel and after base formation price ready to outperform . Price break the range in ratio chart also . High risk becoz of fundamentals ..
Larger the consolidations strong the move . After strong consolidations of 13 years finally price out from consolidations range. so high probability price continue its upmove .
An inverted head and shoulder pattern is a significant technical analysis pattern commonly used in financial markets to identify potential trend reversals. Traders and investors widely recognize this pattern as it often signals a shift from a downtrend to an uptrend.
After a strong uptrend from 2001 finally Top near 2016 and then price consolidate from last 8 years and finally break down its major support .
After a 13 years consolidation finally price break the major resistance and now ready to test 95 and many big brokerage reports also suggests the target near 95/100 .
Price reverse from Multiyear Support in Monthly chart and also break from weekly down trend channel and if we look at price action high probability price continue its up move and in this case latest swing low act as a exit point in weekly time frame .
Larger the Consolidations Stronger the Breakout. Price consolidate in a range nearly 15 year's and finally Price break the Multiyear Range . So High probability after this Breakout we will see a strong continuation Move up to 250 .
Looks like OMC Sector ready for Outperform and also ready for Multiyear Breakout . Consider IOC , BPCL & HINDPETRO
Hang Seng Index Ready to Outperform Global Market AND TRADING NEAR LOW RISK ZONE .
If you want to select any PSU BANK now then SBI look better because trading near Multiyear support ,
In bigger time frame price always follow a channel and our work is to enter near channel lower boundary and exit near channel upper boundary
Current Bad Market conditions price break the upper range after strong consolidations
After a strong uptrend now price trading near momentum line start from 2020 low
ICICI BANK: Q2 SL NET PROFIT 102.6B RUPEES VS 75.6B (YOY) || Q2 REVENUE 349.2B RUPEES VS 260.3B (YOY) ICICI BANK: Q2 GNPA 2.48% VS 2.76% (QOQ) Q2 NET NPA 0.43% VS 0.48% (QOQ) Q2 PROVISIONS 5.8B RUPEES VS 12.9B (QOQ) RESULT IS GOOD but price trading near Multiyear Resistance so buy on Dip better strategy for this stock . Major Support near 870