Chartpatterntrading
saucer pattern formation • weak chart analysis
• my first saucer pattern discussion
• stock GIPCL chart pattern formation like saucer
• stock October 2017 to September 2013 time taken to form saucer pattern
• Long-term consolidation means high potential for a big move
• chart consolidate between 68 and 94 multiple times
• The 128–130 level also serves as major resistance for the stock because in 2010 and 2011, the stock multiple times hit this level and returned, making it impossible to break out
• 130-level breakout and sustained from 2 sessions (weak)
• volume in stock is good
• volume indicating accumulation at lower level of the stock
• accounting fib retracement: 0.786 level 123, 0.618 level 106, next level stock 200+
• sentimental resistance for the stock: 150
• above 150 level stock touch 200 and keep stop loss 128-130 strick Stop lost
Breakouts • Ineffective chart analysis
• Blue line serving as the stock's trend line; 700 serving as both a technical and emotive support level
• High High and Higher Low formation
• At the 500 level gap up, the trend line is met, so if you want to take on more risk, you can consider the trend line's support.
Ascending Triangle pattern breakout in TCSTATA CONSULTANCY SERVICES LTD
Key highlights: 💡⚡
✅On 1Week Time Frame Stock Showing Breakout of Ascending triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 4145+.
✅Can Go Long in this stock by placing a stop loss below 3350-.
Ascending Triangle pattern breakout in ZYDUSLIFEZYDUS LIFESCIENCE LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Ascending triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 670+.
✅Can Go Long in this stock by placing a stop loss below 630-.
Strong Strength Buy SignalWe can see a strong sentiment in Ashok Leyland Nifty Auto is down today but Ashok Leyland tested its previous resistance and took support today and climbed up with good move I think the stock will test its resistant at 156 in upcoming days as the stock is in the bullish momentum from past few days. Ashok Leyland might even go up above 156 if it breaks and takes support at 156. In live market I can see a hammer pattern formation till now made by the stock with high wick at the bottom that shows buying from lower level.
Write me if any modification in the analysis and do write me your view on this analysis.
Also please consult your financial advisor before investing
Triangle pattern breakout in ALKEMALKEM LAB LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3820+.
✅Can Go Long in this stock by placing a stop loss below 3620-.
#NIFTY Intraday Support and Resistance Levels -13/09/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 20000 level and then possible upside rally up to 20120 in today's session. in case nifty trades below 19980 level then the downside target can go up to the 19860 level.
XRPBTC Possibly The Most Bullish Chart In Crypto!I applied the fixed range volume profile tool to the history of XRPBTC pair on Bittrex on a weekly timeframe. It shows a very well defined clear level of support and resistance formed by the POC.
This has to be the most bullish chart out there. No doubt once XRPBTC breaks out of this zone, it will significantly outperform BTC.
This is a regular scale / nonlogarithmic chart, which I think gives you a better image of what XRP can do once it breaks out of this range.
TRACUSD Hidden Ascending TriangleTRACUSD daily forming what I am now calling a Hidden Ascending Triangle Pattern. I have charted a few of these patterns that break out temporarily only to fall back within the triangle. Also a nice horizontal level of support and resistance running through the middle as well.
#NIFTY Intraday Support and Resistance Levels - 12/09/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 20000 level and then possible upside rally up to 20120 in today's session. in case nifty trades below 19980 level then the downside target can go up to the 19860 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(12/09/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 45550 level then possible upside rally of 400-500 points upto 45950 Level. And this rally can extend for another 400 points if it gives breakout of 46050 level. Any Major downside only expected in case banknifty starts trading below 45450 level.
The place on a chart where the bulls come out to party - AND WHYThe SMH is the semi conductor exchange traded fund (EFT). This chart is a perfect example of the place where traders can generally count on a bull bear battle.
When price is falling, the human nature tendency is to think what's happening now will continue to happen in the near term.
All charts act and react the same way. In fact, Mrs. Market is simply running a test of an important area where it will be "show time" for a bull bear battle...
This example is a "breakup candle low" which is an important spot on all charts, all time frames where a test is normal as is a bounce, at least for a trade, or more...
This and many other concepts are discussed InsideTheNumbers LIVE and our nightly common sense market analysis videos on YouTube
Ascending Triangle pattern breakout in PELPIRAMAL ENTERPRISES LTD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Ascending triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1275+.
✅Can Go short in this stock by placing a stop loss below 1070-.
#NIFTY Intraday Support and Resistance Levels - 08/09/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19740 level and then possible upside rally up to 19860 in today's session. in case nifty trades below 19710 level then the downside target can go up to the 19590 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(08/09/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 45050 level then possible upside rally of 400-500 points upto 45450 Level. And this rally can extend for another 400 points if it gives breakout of 45550 level. Any Major downside only expected in case banknifty starts trading below 44950 level.
BluetonaFX - GBPUSD Potential Head and Shoulders BreakHi Traders!
We have a potential Head and Shoulders break on the GBPUSD 1D chart.
The price action is telling us that there is a bearish bias due to the market having lower highs and lower lows; additionally, the market is also below our 20 EMA.
We are looking for a break and a close below the neckline at the 1.25479 area which is August 2023's low.
As long as we remain below the 20 EMA (we MUST stay below the 20 EMA) our bearish view will continue.
Please do not forget to like, comment, and follow, as your support greatly helps.
Thank you for your support.
BluetonaFX