TradePatternsLikePro

TradePatternsLikePro

Ready for a breakout Stay tuned to for a short covering Inverse Head and shoulder RSI breakout and retest has happened

TradePatternsLikePro

Ready for a breakout Stay tuned to for a short covering Inverse Head and shoulder RSI breakout and retest has happened

TradePatternsLikePro

1. Symetrical triangle breakout 2. rsi breakout 3. positive news for the sector due to china 4. a strong marubozu at the breakout A dip around 9600 or Partial buy now can be a good option

TradePatternsLikePro

For learning purpose: The Nifty index is showing a symmetrical triangle pattern with a flat top, which often indicates consolidation and the potential for a breakout. A break below the 24,380 level could signal weakness, with bearish sentiment possibly taking over. On the other hand, a break above 24,450 may lead to bullish momentum, as buyers could drive prices...

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Head and shoulder breakdown Retest done can come down to 1100 in short term only for learning purposes

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Industower is currently exhibiting a bearish trend with several concerning signals: a fake breakout, a bearish flag breakdown, and the formation of lower highs. Traders should be cautious as these indicators suggest a potential continuation of the downtrend. The fake breakout implies that the recent upward move lacked genuine strength, while the bearish flag...

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Infy is currently testing a significant resistance level from two and a half years ago, presenting a key opportunity for a potential breakout. The stock is forming a rounding bottom pattern, which could signal a shift from consolidation to a bullish trend if it successfully surpasses this long-standing resistance. Traders should closely monitor the price action...

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HUL is currently demonstrating a cup and handle pattern on the weekly charts, with a breakout that could potentially propel the stock towards the 4000 level. Traders should keep a close watch on the price action and volume as it approaches and surpasses the breakout point. A sustained move above the handle's resistance will be crucial for confirming the bullish...

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Traders should keep a close watch on Kotak Mahindra Bank, as it has formed a bullish flag pattern on the weekly chart, signaling potential for a significant breakout. The key levels to monitor are around 1860-1870, where a breakout could trigger strong upward momentum. The longer the consolidation within the flag, the more powerful the breakout may be, offering an...

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Tata Consumer is currently forming a classic cup and handle pattern, with the key to confirmation lying in a close above the 1250 mark. Traders should watch for a decisive break above this level to validate the pattern and potentially signal a continuation of the bullish trend. A successful close above 1250 could pave the way for further gains, while a failure to...

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As LT continues its consolidation phase within the symmetrical triangle formation, traders should closely monitor the price action around the key levels of resistance at 3700 and support at 3500. A breakout above 3700 could signal a bullish trend, potentially leading to higher targets, while a breakdown below 3500 might indicate further downside risk. Keeping an...

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Is the stock ready to give a solid breakdown again? With such a broad neckline and the inherent volatility of Adani Enterprises post-Hindenburg, traders need to be cautious. This pattern suggests a significant move could be coming, but whether it will break down further or consolidate depends largely on how the market digests both technical levels and any further...

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The key for traders is to watch for a confirmed breakout of the rounding bottom, ideally with high volume. If no immediate breakout happens and a pullback occurs, traders should stay alert for the formation of a cup and handle, which could signal an even stronger continuation of the bullish trend. Both outcomes—whether a breakout or the formation of a cup and...

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This chart presents a classic Head and Shoulders scenario, which traders should watch closely for confirmation. If the right shoulder forms and the price breaks below the neckline, it could signal the start of a bearish trend, providing an opportunity for short sellers. On the other hand, if the price breaks out above the current resistance, the bullish trend...

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Looks like JK cement is ready to take a dip of another 200 points. Reason? Head and shoulder breakdown retest has happened already area of breakdown is previous high that makes it even more meaningful

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Dow is looking like coming down to 32500 soon a head and shoulder pattern formation Maribozu at the neck like Be aware!

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AmiOrg has broken its year old downtrendline volumes increasing Looks like 1150 is coming soon Stay tuned! Can be also bought at the retest of around 965

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Perfect inverted head and shoulder Volumes high Signs of trend reversal Can bounce higher after a breakout of 148 Stay tunes!