The target of Adani Ports for 1010 is still intact https://t.co/bbyfmE3aK2
Adani Ports - the 42 weeks of price consolidation in a symmetrical triangle has decisively broken out for the open target of 1010 https://t.co/vGyAGlwKCw pic.twitter.com/2tVmwddeOX
— The_Chartist \U0001f4c8 (@charts_zone) April 5, 2022
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We still haven't got any signal of negation in the private banks' index & if the bearish H&S top has to be negated, the index has to move past 19950. Till then, it will be considered a minor pullback
Nifty Private Bank https://t.co/BwG1DKhhLc
Nifty Private Bank https://t.co/BwG1DKhhLc
I am watching a big bearish H&S top building up in Nifty Private Bank Index. Any breakdown will result in increased volatility in respective charts. For traders - definitely not a spot to be in. The index has to move beyond 19900 to negate the pattern. pic.twitter.com/IGFeyNrtQV
— The_Chartist \U0001f4c8 (@charts_zone) June 19, 2022
H&S tops with ascending/descending necklines https://t.co/cmRRHp5rlh
Sir Edwards & Magee discussed sloping necklines in H&S in their classical work. I am considering this breakdown by Affle as an H&S top breakdown with a target open of 770.
— The_Chartist \U0001f4c8 (@charts_zone) May 25, 2022
The target also coincides with support at the exact same level. pic.twitter.com/n84kSgkg4q