It’s official now. US-based EV giant Tesla Inc has registered with the Registrar of Companies in Bengaluru as ‘Tesla India Motors and Energy Private Limited’ on January 8, 2021.
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A head and shoulders pattern is a technical indicator with a chart pattern described by three peaks, the outside two are close in height and the middle is highest.
A head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
A triple bottom is a visual pattern that shows the buyers (bulls) taking control of the price action from the sellers (bears).
A triple bottom is generally seen as three roughly equal lows bouncing off support followed by the price action breaching resistance.
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The double bottom looks like the letterW.The twice-touched low is considered a support level.
The advance of the first bottom should be a drop of 10% to 20%, then the second bottom should form within 3% to 4% of the previous low, and volume on the ensuing advance should increase
A triple top is formed by three peaks moving into the same area, with pullbacks in between.
A triple top is considered complete, indicating a further price slide, once the price moves below pattern support. @Tradecapital5#tradecapital#stockmarketeducation#tripletoppattern
A double top is a bearish technical reversal pattern.
It is not as easy to spot as one would think because there needs to be a confirmation with a break below support.
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Three black crows are a reliable reversal pattern when confirmed by other technical indicators like the relative strength index (RSI).
The size of the three black crows and the shadow can be used to judge whether the reversal is at risk of a retracement.
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Reliance Industries Limited and
Reliance Retail Ventures Limited (RRVL) announced today that Silver Lake will invest F 7,500 crore into RRVL, a subsidiary of Reliance Industries. This
investment values RRVL at a pre-money equity value of 4.21 lakh crore. #StockMarket#news
𝐓𝐡𝐫𝐞𝐞 𝐰𝐡𝐢𝐭𝐞 𝐬𝐨𝐥𝐝𝐢𝐞𝐫𝐬 are considered a reliable reversal pattern when confirmed by other technical indicators like the relative strength index (RSI).
The size of the candles and the length of the shadow is used to judge whether there is a risk of retracement.