GodrejCP is making an inverse head and shoulder at 30 min It has retested the weekly resistance level which may act as a support now. On daily timeframe, it has made a doji on 50 EMA support, which also shows reversal Apart from that it is happening on FIB golden zone A very high quality trade indeed
UBL is making a cup and handle at a weekly support level, its a classic case of breakout and retest on weekly and the cup and handle is visible on 1HR and 30 min
Hi friends, nifty is looking bearish here, after 2 days continuous fall, it has taken a halt in the form of a bearish flag pattern, once the pattern breaks to the downside, more weakness is expected. please comment what does your analysis say.
Nifty is making a classic trend reversal and retest pattern at 30 min, it is retesting the recent breakdown by forming a double top. Entry only after the pattern is fully formed, if it breaks to the upside, then avoid it
Eicher motors is making a trend continuation inverse head and shoulder pattern, as soon as it breaks this pattern, it may continue its upward journey to all time high. Please comment down what you think?
-> Ashok Leyland is making an inverse head and shoulder pattern at 1D at demand zone which also confluences with trendline support -> Conservative entry only after this pattern is broken at 1D timeframe -> For aggressive entry, there is another inverse head and shoulder pattern at 1H, we can go long after that is broken -> It is a classic case of a pattern...
JUBLFOOD has broken out of a descending triangle on 1 hour timeframe, this is the retest level on 1D timeframe and also a flag and pole pattern is visible on daily timeframe. The resistance has turned into support now. New buyers may enter the market at this point. A very low risk trade on the charts
Lupin looking good for short term trend capturing at 15 min / 30 min timeframe, the stock is making an inverted head and shoulder at a trendline support which also happens to be a retest level of a recent breakout. As per my analysis, it is a very low risk trade where we have multiple confluence factors.
bandhan bank is making cup and handle pattern at 1 hour timeframe, on daily timeframe it has already made a double bottom, which means the uptrend at larger timeframe is already in place, now it is taking a pause before resuming the original trend. Follow for more....
ICICIPRULI has already made an inverse head and shoulder that is broke out on 4hr timeframe. That means that the bullish trend is already in place. Now it has been forming a symmetrical triangle / wedge at 15 min timeframe, which means a consolidation. After the consolidation is over, the bullish trend may continue. We are going to take the trade to the upside...
Titan is making an inverted head and shoulder pattern at 15 min timeframe which is at 1 hour support level, it is looking good for a very short term trade
on 1 hour, gail has broken its resistance and came back to retest it in the form of a descending channel. While breaking out of the channel and confirming the bullish trend, it has also formed another bullish pattern, inverse head and shoulder. Looks like a very low risk trade on 15 min timeframe
BEL is looking good for short term trading, making an inverse head and shoulder at 15 min timeframe, another confluence to add is that this is happening at 30 min trendline. Consolidating near 20 EMA at 1 hr timeframe
CUB looking bullish, making an inverse head and shoulder pattern at 15 min timeframe. Support at 20 EMA on 1 hour, 1D trend is also bullish
Deepak Nitrite making a flag pattern at 15 min timeframe. We can go long after the consolidation is broken.
1. Trendline Support 2. Prev Resistance acting as support 3. At 20 EMA Support 4. At FIB golden retracement zone 5. Ascending Triangle pattern at 1 hour TF
GNFC making a cup and handle pattern at 30 minutes timeframe, all other big timeframes are bullish, so we can go ahead in the same direction.
MCX is making an inverse head and shoulder pattern at 30 min timeframe. Trend is already bullish on 1D. Entry only after the break of structure