LearningBullnBear

LearningBullnBear

Broken out after forming inverted Head and Shoulder pattern and retesting done with last candle. On successful retest completion it can move upwards, with gap resistance around 117 level. #ForEducationalPurposeOnly

LearningBullnBear

Playing with support level in multiple time frame and below that can see a 70-90 point fall with continuation of downtrend in daily time frame.

LearningBullnBear Updated 

Has been trading in a range of a 50 points 1000-1050 for more than a month and with stock closing above the 0.38 retracement level and touching 0.5 level. It can give a triangle BO above 0.5 level of 1083 which can go upto 1160-1200. However watch out for volume for confirmation.

LearningBullnBear Updated 

Ready for a 90 points move after giving a C&H break out on weekly time frame ?

LearningBullnBear Updated 

Positive divergence formed on RSI and it managed to close above Fib retracement 1.41 level but it has a minor resistance around 557 and once it clears that, 595-600 would open up. Disc: Not a sebi registered adviser

LearningBullnBear Updated 

It seems like it has completed 5th wave in downward channel and given sign of selling exhaustion. it will likely bounce back to 1590 and once it crosses 61.8 level of retracement it will start your journey towards 1700. Can be added on every dip with a stoploss below 1510.

LearningBullnBear

Knee jerk reaction to news of imposing export duty lead to a 12% fall , but bullish divergence clearly visible but needs to close above 1060 (previous support level) to open up 1100-1140

LearningBullnBear

Hidden bullish divergence getting formed in Weekly time frame and stock is nearing support level of 380-390, so bounce back in short term may be on the cards.

LearningBullnBear Updated 

After staying in downward for almost 2 months and forming double bottom , it is now trying to break out of channel, if the volume goes up in next few sessions in bullish direction we may see 4600-4900 level soon. use discretion for trading.

LearningBullnBear

Trying to break out the downtrend channel, earlier faced some resistance around 890, if it crosses that level with some good volume we might be in for a 4 figure price.

LearningBullnBear Updated 

Looking good for another 600 points from here, next resistance found at 39750 , 0.78 retracement level of last fall.

LearningBullnBear Updated 

NSE:BAJFINANCE Rising Wedge getting formed in daily time frame and minor bearing divergence also seen. This might limit the upward movement , once the trend is broken, can get into zone of 7300-7400.

LearningBullnBear Updated 

NSE:M_M Hidden bullish divergence formed on daily time frame along with triangle pattern, seems like its getting accumulated at 730 level, if it breaks out of the triangle we may see 900 level soon.

LearningBullnBear Updated 

NSE:BIOCON got beaten down heavily in last couple of weeks. Now it has shown a trend reversal on daily time frame and as it broke out above previous support and current immediate resistance with good levels and got retested on lower time frame with good volume. Currently offering a good risk reward with a buy around 375 with a stop at 369 and with a target of...

LearningBullnBear

its forming a head and shoulder pattern on the trendline.

LearningBullnBear

Negative divergence seen in Weekly time frame ,with heated RSI on daily and weekly chart and a fib resistance around 17500, it may correct soon to level of 15800-16000 where it may find strong support.

LearningBullnBear

If next week close below or outside the channel, downtrend for short-term will open up and if it goes below 70 that may lead to further downside. For uptrend to continue it has to close within channel.