FarhanShaikh

FarhanShaikh

ZEEL is trading in a wide Bearish rising wedge . And currently at the support of major Sell trendline and at the demand zone . Looking to SHORT below the zone breakout after retest . Looking to BUY if confirmed with a price reversal pattern (lower TF) or candle stick catalyst on the confluence with good volume and momentum.

FarhanShaikh

Stock is currently trading in third stage of market cycle . 1-Accumulation 2-Rally 3-Distribution 4-Rejection currently at the peak , at the overbought zone. Has formed a broadening pattern on the top which is rejected by a overhead trendline. RSI DIVERGENCE Looking to short once the Chart pattern is broken and retested .

FarhanShaikh

Trading in a Symmetrical Triangle , Rejected by the overhead trendline . Currently on a minor zone. It has also formed a channel in the major Triangle structure . Looking to BUY if the triangle is broken & retested .Looking to SELL if the below minor zone is broken and retested .

FarhanShaikh

Bullish Pennant formed in the major Broadening structure . At the Sell trendline of a broadening structure (Key support ) with multiple lower rejections . Forming a double bottom (High probability reversal chart pattern ) Stock is currently trading in a zone ( Consolidation phase) Volume seems to be increasing on the buy side ,...

FarhanShaikh

Broadening Bullish wedge , Double bottom , Ascending Triangle and prices making higher lows . Indication of a BUY after the break & retest .