For a true Wyckoff spring as a reversal pattern, bullish attempts to test the previous swing high of 4450-4500 (as annotated in blue) or even 4550-4600 (as annotated in green) could be expected.

The recent decline in the index, took it down to 1-year rising channel (green shaded channel), where it might have created a “Weekly Reversal Pattern” (bullish wick) at (1) last week.

The Bullish Black Swan harmonic pattern is visible on the daily chart of Nifty Midcap 100, indicating the index’s reversal sign. Harmonic patterns are reversal patterns calculated using multiple ...

The bullish reversal patterns can further be confirmed through other means of traditional technical analysis—like trend lines, momentum, oscillators, or volume indicators—to reaffirm buying ...

According to Deepak Jasani, Head of Retail Research at HDFC Securities, "Nifty formed a bullish piercing pattern formation on October 18. The index showed a sharp reversal from morning lows.

Airline stocks snap back, heading for bullish 'key reversal' patterns Provided by Dow Jones Jul 25, 2024, 11:40:00 AM ...

As the short positions are covered, the possibility of bullish momentum seems ever more likely. Here are three stocks to watch closely for traders looking to capitalise on this potential reversal.