INVERTED HEAD & SHOULDER - stock is now bullish after breaking out an inverted head & shoulder pattern with strong confirmation of a green candlestick BULLISH MACD - MACD indicator of this stock is very bullish now with macd line having crossed over signal line properly over a period of time WHITE CLOUD COVER - apartfrom it a white cloud cover...
INVERTED HEAD & SHOULDER - market made a clear inverted head & shoulder pattern and broke out of it indicating strong upward momentum for the stock VOLUME SURGE - market has shown strong volume surge with the breakout candle indicating strong upward pressure for the stock PROFIT - till 3266
DESCENDING WEDGE BREAKOUT - the stock has recently broken out of a descending wedge pattern with strong green candlestick indicating strong upward momentum for the stock REVERSAL FROM STRONG SUPPORT-RESISTANCE ZONE - the stock has tested a very strong support-resistance zone several times and took reversal from it
CUP & HANDLE BREAKOUT - Nifty has recently broken out of a strong cup and handle pattern indicating strong upward pressure for the index BULLISH MACD - Macd line has crossed over signal line in 4-hour timeframe and it is moving upwards with strong confirmation TARGET - profit target is 23097
INVERTED HEAD & SHOULDER - the stock formed inverted head and shoulder pattern and broke out of the pattern indicating strong bullish momentum BREAKOUT FROM STRONG SUPPORT-RESISTANCE LEVEL - market has broken out of a very strong resistance level which was tested several times earlier MACD - macd line moved above the signal line indicating...
ASCENDING TRIANGLE BREAKOUT - nifty had recently broken out of strong ascending triangle pattern indicating strong upward potential for the index 50D & 100D SMA CROSSOVER - 50D sma had recently crossed over 100D sma and took multiple support on 50D sma repeatedly indicating strong potential of upward momentum for the index
DOUBLE TOP PATTERN - market has broken down from perfect double top pattern indicating potential downward fall for the stock VOLUME SURGE - market has shown sudden volume surge recently indicating downward fall is coupled with strong volume NEARING 100D SMA - market is hovering above 100D sma. In past, it had touched the 100D sma whenever it has...
STRONG SUPPORT TRENDLINE - market has reversed from a very strong support trendline recently indicating potential upward momentum. This trendline had previously been tested 3 times & each time market went significantly upwards afterwards STRONG RESISTANCE TRENDLINE - market is also nearing a strong resistance trendline which had been tested earlier by...
DOUBLE TOP BREAKOUT - price of NSE:POWERGRID has recently broken out of a perfect double top pattern indicating strong downward pressure for the stock MORNING STAR CANDLESTICK - price has formed a morning star candlestick pattern at the last peak indicating bearish momentum for the stock CROSSED BELOW 200D SMA - the price has also recently...
DESCENDING TRIANGLE : Due to the breakdown from descending triangle pattern the stock has become very bearish till the target price is reached TESTED STRONG SUPPORT-RESISTANCE ZONE : The stock has reversed from strong resistance level recently which was earlier tested several times as a strong support TARGET LEVEL : the price has a target level of 3196
BREAKOUT from DESCENDING TRIANGLE pattern - price has recently broken out of descending triangle pattern with strong confirmation ie large red candlestick REVERSAL from 50D & 100D SMA MULTIPLE times - price has also reversed from 50D & 100D sma several times over the past few weeks. Also 50D & 100D have come very close to each other while price...
INVERTED HEAD AND SHOULDER pattern Breakout - the stock has broken out of the inverted head & shoulder pattern with gap-up indicating bullish momentum for the stock till the target is reached 50D SMA SUPPORT - the price has repeatedly taken support from the 50D sma line for last few days signaling upside potential for the stock REVERSAL FROM...
DOUBLE BOTTOM PATTERN : hdfc amc has formed a perfect double bottom pattern on daily timeframe which indicates that market will go upwards after breaking out of it POWERFUL SUPPORT-RESISTANCE LEVEL : it has taken reversal from powerful support-resistance level which had been tested several times in the past indicating bullish momentum for the stock ...
ASCENDING WEDGE PATTERN - wipro has broken out of ascending wedge pattern with gap-up opening indicating strong bullish momentum for the stock 100D MOVING AVERAGE - price has tested the 100D simple moving average several times and have gone upwards indicating strong potential for upward movement HIGHER HIGHS & HIGHER LOWS - price has formed...
DOUBLE TOP FORMATION : powergrid has formed a perfect double top pattern on weekly timeframe and seemed to be positioned for further fall. Although it had shooted up suddenly 2 weeks back due to the uncertainty which bubbled up surrounding maharashtra election which affected whole stock market. But after the release of the election results it has started going...
SAUCER PATTERN BREAKOUT - Nifty has recently broken out of a saucer pattern formed on 15-min timeframe indicating bullish movement SL & TP - SL - 19570 TP - 19682
ASCENDING WEDGE BREAKOUT - Nifty has recently broken out of the ascending wedge pattern by testing the lower trendline several times indicating strong downward pressure SL & TP - TP - 19525 SL - 19625
TECHNICAL ANALYSIS - REVERSAL FROM 3OD & 50D CROSSOVER : Price has taken reversal from this crossover AT 2:30PM last friday on 5-MIN timeframe BREAKOUT FROM STRONG SUPPORT-RESISTANCE ZONE : Price has recently broken out of one powerful support-resistance zone indicating upward pressure STOCHASTIC & MACD INDICATOR : Price has become overbought in...