SudharsanG

SudharsanG

As I warned before, nifty is in SELL ON RISE market, the price keep on breaking the PDL and forming a new low on daily basis. nifty may take support from trend line support of 16950, or else the price may further drop to 16700, 16400 levels. There are two big events coming 1. FED meeting and 2. BUDGET. Market will be super volatile on upcoming days, take trade...

SudharsanG

A big bearish red candle on day chart which might be a short term reversal to the last 2 week bull rally. While taking fibonacci retracement from the top, nifty may touch 17900 levels which is .236 fibs levels. caution: be in SELL ON RISE mindset still nifty closes above todays high.

SudharsanG

Banknifty has made a reversal candle exactly at the .618 fibonacci retracement levels as you see in this chart, if tomorrow the price breaks today's low then it may further come to 37100 levels.. caution: Be in SELL ON RISE MINDSET, careful in taking long position until the price breach the todays high.

SudharsanG

HDFC Posted good quarterly result on Saturday, to support the result the price also forms a inverse HNS pattern. So we expect a good move on Monday.

SudharsanG

The stock given a HNS pattern breakout in weekly and daily time frame, and can move towards the trend line drawn on the chart. Once it break the trend line it may fly further as per fib retraccement. levels

SudharsanG

This scrips is at its verge breakout, as per the fibonacci retracement, this stock can easily go 120+ in upcoming days.

SudharsanG

This stock has breakout in weekly and day chart, if the price sustains then it may go to 1900 levels as it is 1.618 retracement fibonacci level from the recent low.

SudharsanG

A non stop rally for the past two weeks, might be a pre. budget rally. A beautiful V shaped recovery from bottom, until it breaks the lower end of the channel it is a buy on dip market.

SudharsanG

Bank nifty exactly made a double top reversal pattern at the previous month low, so the price may come to 34000, and breaking the above level may trigger the price to next lower levels.

SudharsanG

Took a strong support from the cover fall trend line from where it bounces multiple time, so this time also we are expecting some bounce that may lead to hit ATM again...

SudharsanG

Same as Banknifty, nifty also forms a HNS pattern on 30 mins time frame, so we may expect a downfall to 16800 and further levels.

SudharsanG

The chart has formed a clear HNS pattern and when the left shoulder bottom broke then the price tend to come down till 34000 and further levels.

SudharsanG

As you see in this chart, later this year also. nifty forms the same pattern i.e., travelling in a parallel channel. Once the channel broke,the price touches a new high. Same way, if it broke the channel we may expect a further up move or else the price may travel towards the lower end of the channel.

SudharsanG

Still the market is in bear grip, todays rally has not changed the chart much. As you see, the price travels inside the darvas box setup, and it is in verge of breaking in upper side.

SudharsanG

This stock broke the long time trend line extended from the covid fall levels, may correct upto 150 levels.

SudharsanG

A Sharp fall from 42k levels, which is heading towards 38k levels where the trend line lies. B.nifty is in SELL ON RISE zone, every bounce gonna be sold until it cross the 42000 levels.

SudharsanG

As you see in the chart, nifty clearly heading towards the lower end of parallel channel, but a little bounce is expected as the nifty is in oversold region in minutes chart. Nifty is in clearly bearish mode till it broke the previous ATH high, so SELL ON RISE would be the good strategy to play.

SudharsanG

Negative divergence can be seen in hourly chart of bank nifty so possibly it may touch 36600 levels in upcoming week.