PATEL ENGINEERING is having a market cap of 1219.85 crores is fundamentally a strong pick for upside potential. Technically, has formed a bullish cypher pattern which...
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USD/INR FORMING A BEARISH BUTTERFLY. RUPEE MAY STRENGTHEN IN OCT SERIES:
A bearish butterfly is a harmonic pattern which resembles a resistance on the top of the butterfly which must be confirmed by the long term resistance...
Continue reading...SBIN DOUBLE TOP REVERSAL PATTERN
STATE BANK OF INDIA has confirmed the double top reversal pattern today below 270 levels. The shape has completed the criteria of a reversal pattern. So...
Continue reading...NIFTY FUTURES RESEMBLING A BULLISH CYPHER
Bullish cypher is a harmonic pattern which must be supported by the long term trend line. Today’s sharp fall in NIFTY FUTURES led to an another...
Continue reading...BEARISH GARTLEY IN RELINFRA
A bearish gartley is only trade-able if it is forming with the major trend of the prices. Today i have observed open interest build up too...
Continue reading...INVERSE HEAD AND SHOULDER FORMATION IN JUST DIAL
An inverse and shoulder pattern is a sign of trend reversal . But buyers be cautious as the prices are still below the long term 200...
Continue reading...PERFECTLY MATCHED ELLIOT IMPULSE WAVE FORMATION IN BANKNIFTY MONTHLY CHARTS
Banknifty futures starts to trade in NSE in around june 2005. I have taken the bottom from there and technically I came to know about the...
Continue reading...GANN FAN SUPPORT FOR BANK OF BARODA AND A CYPHER PATTERN OBSERVE
GANN FANS AND ANGLES PROVIDES LONG TERM SUPPORTS AND RESISTANCE FOR A PARTICULAR PRICE MOVE. CYPHER SHAPES REFLECTS CONTINUITY OF PREVAILING TRENDS . GANN FANS SUPPORTS...
Continue reading...ASCENDING TRIANGLE FORMATION IN GSFC
Ascending triangle breakouts are positive and have high accuracy level as they follow the prevailing trend. So GSFC in my opinion can be a perfect example...
Continue reading...IDBI FORMED A BUTTERFLY BULLISH SHAPE
Bullish butterfly normally forms against the trend and i have selected IDBI after studying a lot in the markets. Stock price is holding its long term...
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