Amarajabat 3 months of fall - will raisePrice continuously falling from the high for the last 3 months. The big fall made the price to form a descending channel pattern and it is getting ready to break.
A
Descending Channel
GLong
Mcdowell - Into a channel and breaksPrice forming descending channel pattern and a small breakout happened today inside the channel which leads the price to move towards the channel top.
Descending channel will have high probability of breaking the channel up and move up quickly.
GOLDPETAL | Short Opportunity -9%There is trend reversal from bullish to bearish in one day candle with huge volume breakout.
CMP: 4730
Target: 4290
Manappuram - Descending channelPrice formed descending channel pattern and price took support from the channel bottom to reach channel top, the movement itself formed another ascending channel inside the channel.
One can wait for the break and enter the market.
M_MFIN - Descending channel/ Flag Again the finance stock making the same move and waiting to break for tomorrow session.
Good opportuniy to invest in GOLD.All observations on chart.
MULTIPLE CONFIRMATIONS & EXPLANATIONS OF DRAWINGS
As you can see gold bounced tom 38.2% fibonacci level a good level to buy the dip.
19% correction from the top till pre covid levels
Falling channel pattern visible on charts, usually gives good move on the upside.
Double bottom pattern breakout given today.
Price comfortable above 20 moving average & made a new swing high
Overall this is attractive price to enter from long term view.
Education
Exideind - Descending channelPrice making descending channel and it should break up for tomorrow.
Keeping the description short as the lower time frame does not deserve more :)
Bajfinance - Descending channel / FlagInterestingly most of the finance stocks are following the same pattern - check on yourself I will post some
Here price making descending channel pattern and it is definitely looking to break up tomorrow.
Godrejprop - Descending channelPrice making descending channel pattern and it just took the important support and reached the channel top, it is expected to break in the coming days.
What RELIANCE is Upto? Will Keep inside the Channel for Weeks!BSE:RELIANCE is correcting its Up move of last year if not the one of Decade!
Either way it will keep Oscillating between the Channel Lines for weeks to come!
This is an Update on the Idea published on Reliance some time ago.
Short
Apolo hospital Apolo hospital has given breakout and retested the level . It Can give good upmove. Ti.eframe is daily . Might be a fake breakout just need to have good volume then only take position. breM
Long
ICICIBANK - Descending channel patternPrice forming descending channel pattern to break up and move further towards the all time high.
Long
Voltas is trading near support zone at day time frameVoltas is trading near support zone at day time frame
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Long
EURUSD, March formed a descending wedge , Mar 29- Apr2Euro against Dollar faced a bearish march formed a descending or falling wedge pattern, this week it expected to finish the shape fully
dollar fundamental made it so strong during March,
analysis only for education purpose
Short
Long
Reason for Bank Nifty bloodbath on 18-03-2021Reason for Bank Nifty bloodbath on 18-03-2021
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Short
Bank Nifty post market analysis on 16-03-2021 - Sideways marketBank Nifty post market analysis on 16-03-2021
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Short
GBPUSD, closing at the end of a triangle pattern 9-12Still strong USD waves stopping GBPUSD pair continues its uptrend, may at the end of the triangle pattern it completes..
Short
GOLD - Perfect time for investmentGOLD - Perfect time for investment
Reached final support zone. This is a perfect time to invest in Gold and target will be Descending channel resistance
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Long
SAIL | Positional Trade AnalysisSAIL is currently in a descending channel and taking resistance from a key zone.
If it breaks and holds above 81, we can see some bullishness.
Keep it under your radar.
Note: For educational purposes only!
Long
GOLD Descending channel formation at weekly time frameGOLD Descending channel formation at weekly time frame
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Short
NIFTY post market analysis on 18-02-2021NIFTY post market analysis on 18-02-2021
Nifty has formed a Descending channel pattern formation. When ever market approaching resistance channel it is pushing market towards down side. We can expect bullish movement only after this resistance channel breakout
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Short
Short