Get started
CENTRAL DEPO SER (I) LTDUpdated

CDSL 2.0

Hello everyone as some of our fellow traders having issue with chart as written analysis posted under it was old & they wanted to see chart pattern so here's the new chart & CDSL analysis(new) will be posted here from now onwards.
(i)price is strong & formed a pattern on day time frame which says price can move up further but there are few zones marked as we need to be a little cautious there.
==>For buying let price sustain above 2020.20 for 2034-2042.10tgt level or it can touch 2045.20 level & form a small retracement candle then move up if does then next 2050-2054.60/2067 tgt levels can be seen but remember 2042 a strong level.
==>For selling let price on 15min timeframe close below 1999[high risky traders] for 1990-1985 tgt
safe traders can wait for 1990 level to break & sustain for 1978-1970 tgt level.
if price takes rejection from 2020 level &falls till 2000 then wait for support candle to form & on next candle can buy for 10-15points tgt. [or] if price break 1999 level then a sharp sell off till 1990/1988 can be seen.
if gap up/gap down opens then wait for at least 30mins & mark 1st 15min candle high/low then trade on side price is.
Trade active
in.tradingview.com/chart/Ki8pmBUN/
price is strong & new 52week high touched, so from here price may go another 20-30 points. so for tomorrow i.e. 24/4/2024 if price opens flat & crosses 2112-2118 level( green candle without upper wick/little wick) on 15min time frame then buy for 2132-2144tgt level.
if opens flat & goes below 2085 then sell for 2076-2066.70 tgt level,= as there's a little possibility of price creating "M" pattern so we sit for sell.
if price takes rejection from 2120-2115 level then on next candle breaking low of rejection candle sell & previous candle high as sl for sell trade for 8-10 points tgt, if goes below then trail as per risk reward.
Trade active
price touched a new high &fell down so we will trade on levels only
2100 above buy for 20-30 points(15min candle closing basis)
2070 below sell for 15-20/25 points tgt can be seen.
if gap up/gap down opens the wait for at least 30-45mins & mark 1st 15min candle high &low then trade on side price is.
Trade active
price retest/retracement done(shorter timeframe) then moved up, so there's a possibility of price moving either side to staying in a range but 50% chance of moving up is also expected so what do we need to do.
For tomorrow i.e. 26/4/2024 if price opens flat & stays above 2165 then 2180-2195 tgt or even 2200 to 2204.60 can even touch. [if gap up opens then first candle may form big on 15min timeframe & then price trade in narrow range by coming down near 0.23/0.34 level from top/high]
if flat opens & falls down & crosses 2130/2128 level then price can go down to fill the pending order block & imbalance near 2118-2107.60tgt level [if opens gap down then wait for 30-45mins mark 1st 15min candle high/low & price can come up but will show retracements before swift move]
Trade active
price is strong on weekly & monthly timeframe on daily timeframe a red candle formed at top & on hourly a "M" pattern forming & it will fail if price goes above 2145.
so for Monday if price goes below 2100 then 2085-2070 level can be seen.
if goes above 2128 then 2137.65-2140/2150tgt level can be seen,
if gap up/gap down opens then wait for 30-45 mins mark 1st 15min candle high/low & trade on side price is.
Trade active
Price opened gap down & formed a Dragonfly doji candle on day time frame but i guess price will stay inside a narrow range till 2/5/2024 as on 3/5/2024 earnings report will be out, so till then don't look for big moves.
2093 below sell for 10-15points tgt, & 2120 above 2128.20-2136.70tgt level.
Trade active
price formed doji candle with top wick a bit bigger than bottom, from past 2 days price is sideways 2100 below/2095 below 2090-2087.50 tgt level if sustains then 2080-2070 tgt level but price can come up sharply or can form a big candle on 1 &2nd 15min candle & come up a little & stay sideways.
2121 above 2128-2133 tgt level if sustains then 2142 tgt can be seen.
Trade active
price formed a hammer type candle on day chart, A doji spinning on weekly chart,
results announced & its positive & dividend announced so price will definitely react to it, or may market already did on Friday we don't know so for Monday if price goes above 2088 then 10-12points tgt can be seen, & once it sustains above 2100 like 2105/2108 then on 15min candle closing basis can enter or can trail the previous position for another 10-15 points tgt level.
Sell 2055 below for 2045 tgt level & if price goes below it then another 10-15points fall can be seen & if price reverses from 2045-2040 or 2032 level then price can come up with small candles & one big breakout candle can come so be cautious.
Trade active
flat open 2132 below sell for 10 points tgt if more weakens then can fill the gap & flat 2154 or 2160 crosses then buy for another 8-12 points tgt.
if gap up or gap down open then wait for 45min marks 1st 15min candle high/low then trade on side price goes but keep small tgts.
Trade active
price formed a green candle & good volume came after 2 red rejection candle from top & new high formed so if price gets little positive then can touch 2195-2200 tgt level so 2180 above 10-15 points tgt can be seen.
2150 below 2140-2132 tgt level can be seen.
Trade active
price fell from top after price touching golden zone so 2020 is support at bottom.
2060 below 2045.30= immediate tgt if sustains then 2035.85 next tgt can be seen.
2089.80 above 15min candle closes then buy for 2099.55-2110 tgt level.
trail as per risk reward.
Trade active
price reversed from low after fall so if more weakens then 1930 level can be seen so 1952 below 1930 can be seen on weekly buy if this happened in first 2-3 days of week then fall till 1903 is possible.
1990 below 1973 can be seen & 2030 above 2044.75 both for flat scenario's
if gap up or gap down opens then wait for 30-45mins & mark 1st 15min candle high & low then trade on side price goes.
Trade active
Price on day chart formed a dragonfly doji type candle but this has a significance as if price opens above the 13/5/2024 opening price for example like 2005-2010/12 then there's possibility of price moving up & price can continue upside movement & if price opens below the closing price of 13/5/2024 then price can continue the downside trend. so 14/5/2024 if price goes below 1973 then 1952-1947 tgt level can be seen, & if price goes above 2030 then can buy for 10-15 points & if goes up further then trail as per risk reward.
if gap up or gap down opens wait for 30mins & mark 1st 15min candle high & low then trade on side price is.
Trade active
On day chart perfect setup for buying formed but & 2100 level opened so 2067 above 2087-2090 tgt level can be seen & if sustains 2100 level too can get tested but don't forget after fall & price taking support & reverse price tested today i.e. 14/5/2024 golden ratio zone & i will wait for a pull back if opens flat for any buy trade & for selling if price comes below 2044 for 10-15 points can be seen.
if gap up or gap down opens then wait for 30mins & mark 1st 15min candle high & low for trade on side price is.
Trade active
Price is positive & can go up to reach 2176-2180 level so if opens flat & crosses 2130 on 15min candle basis then 2150-2160 tgt level can be seen, if price gets more strong then 2176-2180 next tgt level can be seen.
if flat opens & 15min candle closes below 2110 then 2100 immediate tgt if sustains then 2095-2088 tgt level can be seen & price can go below 2100 very sharp & can reverse with a wick a bottom & this could be very fast so be cautious
if price opens gap up or gap down then wait for 30mins mark 1st 15min candle high & low then trade on side price goes.
Trade active
Price can form 2 things from here as to continue upside move or can take rejection from 2120 level then fall in a less likely scenario sideways trend is possible to.
2105 below let a candle go & close below 2100/2098 for sell 10-15 points tgt
2120 above price goes 2130/2135 tgt can be seen or price can even touch 2140/2150 tgt level.
if gap up or gap down opens then wait for 1st 15min candle & mark high & low of the candle then trade on side price goes but keep small tgts.
Trade active
Apologies for not giving regular updates as I’m in village so I will try my best to take some time out for analysis, Price is negative on day chart but I’m expecting price taking support at 2100 level then reverse so it will act as support hurdle if breaks then 2090/2084 level can be seen. Sell below 2110 for 2104-2100 tgt immediately or can fall till 2097 if goes down further then trail as per risk reward.For buying let price take support at 2100-2097 level then sustain & close a15min candle above 2125 for buying or flat 2130 above candle closes then buy for 10-15points tgt level. If gap up or gap down opens then wait for 30mins then mark 1st 15min candle high&low then trade on side price breaks but keep small tgt as wicks can hit Sl.
Trade active
Firstly wanna apologize for not able to give regular analysis or updates but promise to give regular updates now. TUESDAY analysis is price is trading in a rectangular zone and it is from 2087-2130 level so mark it if price breaks any side trade on that side for 8-10 points & if price takes rejection from top sell & if takes support from bottom buy & on level break 2130 above 2150-2153 level can be seen, on down side if price breaks 2087 then 2075 immediate tgt if sustains then 2063-2060 next tgt levels.
Trade active
Price broke the rectangular zone then fell but somewhere our tgts were not met so tomorrow if price opens flat & 2068 breaks then 2063-2060 tgt level can be seen, If more weakens then 2050 is next tgt. If flat opens 2088 above 15min candle closes then 2098-2100tgt can be seen. If gap up or gap down opens then wait for 30mins mark 1st 15min candle high &low then trade on side price goes.
Trade active
Price is weak & now at important level from here a buying can be seen or can fall as a retest at 2020 is pending as due to imbalance created in past. So if flat opens 2047 below 2040immediate tgt then 2032/2030 tgt can be seen, it can come on 1st candle if does then sideways so we will avoid, 2062 above 2070-2080tgt can be seen. If gap up or gap down avoid.
Trade active
Price at exact make or break level from here it can move up or can fall to test 2000 level, if price reverses from immediate level tomorrow then can buy for 15points to 20points tgt, or if first candle is red upon flat open 2032 below 2020 immediate tgt then if sustains 2012/2014 next tgt. For buying let price sustain above 2060 for 15-20points => flat open scenario. If gap up or gap down opens then wait for 30mins mark 1st 15min candle high &low then trade on side price goes.
Trade active
1985 a price point where price can come to retest so 2020 below 2000 tgt then book once here as a pull back will come & will hunt sl then again on 2nd time 2000 level break sell for 1985 tgt. for buying if price takes support near 2000 level then buy for 8 points tgt, or for proper buying let 15min candle sustain above 2060 level for 2070-2076/2080 tgt level if sustains.
Trade active
price formed a hammer at support at 2000 level so 2040 above a buying opportunity can be seen for 10-15 points tgt then if sustains above 2060 then trail or book as per your risk reward as the hurdles at top may hit or a pullback will hit sl.
If price Opens flat & crosses 2020 level then 2000 level can be seen as todays support will vanish & price can even close below 2k level.
if gap up or gap down avoid till 12/12:30 then mark high & low on hourly candle basis then trade on side price goes.
Trade active
price formed a inverted hammer or shooting star type candle but the previous candle is hammer so there's a possibility of price staying in a range then break
so 2020 below 2002 tgt if more weakens then 1990 tgt can be seen, for buying let price sustain above 2042 for 2051-2053.40/2058/2060 tgt can be seen.
if gap up or gap down opens then avoid.
Trade active
price is weak & slowly coming down & if price test 2k level then a candle closing below it will make price more weak & can test 1985-1990 level or even more, so 2010 below 2002 immediate tgt if sustains below then another 10 points can be seen,
buying can be done only in 1 scenario where price if takes support from bottom near 2k level.
if gap up or gap down opens avoid.
Trade active
2000 below a proper 15min candle closes then sell for 10 points 1st tgt then if goes below then trail as per risk reward, flat opens 2020 crosses on 15min timeframe then 2026-2029.20 tgt can be seen if sustains above it then trail as per risk reward,
if gap up or gap down opens then avoid.
Trade active
Price if flat opens red candle forms then 2323 below 2300 tgt & if sustains then 2295 next tgt can be seen, if flat opens goes up wait for a pull back then buy for 10-15 points tgt, as there's possibility of gap up opening & there's a news too that could impact the move, so if on monday opens gap up or gap down then wait for 30mins then mark 1st 15min candle high & low then trade on side price goes.
Trade active
price is strong as news based move is seen & a new high & after 1st 30min candle price stayed in a range so 2400 below we will try for a sell trade as the fvg=fair value gap created below 2400 can get filled & 20 points tgt can be seen.
if flat opens goes above 2455 then price can go to claim 2500 tgt.
if gap up or gap down opens then there's probability price forming a big candle then staying in a range
day chart candle significance is once price goes below 1/7/2024 then price fall is expected so can trail as per risk reward & if price opens above closing price & stays above it then there's a probability of price reaching the half of the value it can be either a red candle & fall or can be green candle & goes up stays side ways.
Trade active
Price took reversal from top & it this is retest then price has to reverse from immediate level & if not then price can come to test 2350-2340 level so 2372 below we can see 2350 tgt then trail if falls further,
if flat & goes up 2426 above price can be seen reaching another 15-20 points. as there are many hurdles so if price opens gap up or gap down then we can see same move as previous 2trading days, so can follow the same.
Trade active
price can come to test 28 june candle's half of the value as that's where the golden zone is, so 2310 below 2300 as 1st tgt if sustains then 2280 level can also get tested,
for buying flat open & crosses 2330 on 15min candle basis & next candle opens & sustains above 1st 15min candle then only buy for 10-15 points tgt can be seen.
if gap up or gap down then can form a big candle upon opening & stay sideways so avoid.
Trade active
Price on day chart formed a inverted hammer type candle i dont regard it as shooting star as the upside wick is small & significance is price can go up or can go a little down to test 2300 level then reverse as today price stayed inside 1st 30min candle & traded sideways so for tomorrow if price goes below 2312 then 10-15 points tgt can be seen, for buying let price sustain above 2340 anytime then trade upside but we will keep small tgt if price falls in 1st candle till 2310/2308 then reverses with long wick at bottom on 15min timeframe then upon next candle closing above it we can take buy trade for small tgt points.
Trade active
Price formed a doji candle on day chart but if you look close you'll see price got strong buying from bottom & 2300 level tested so i guess price should give a up move
so for Monday 2330 above 10-15points tgt can be seen or if goes up then trail as per risk reward and if 1st candle forms big & gives closing above 2340 then wait for next15min candle to form then upon 1st candle high break buy for half of value of 1st candle then if goes up trail.
if flat opens & goes below 2310 or for safe traders 2300 below price can see a 10-15 points immediate tgt as price if goes below 2300 then price can test 2260 level if weakens.
gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes but keep previous candle high/low as stoploss if get hit exit.
Trade active
price respected 2300 level but on day chart price is weak & can come down to test 2290 level or till 2270 so 2300 below 2390 as 1st tgt then to 2270 next tgt level & if price takes support & goes above 8/7/2024 high they can see a little buying till 2350 tgt level or if flat & goes up then 2350-2370 tgt level can be seen.
Trade active
Price showed a buying after 1st hourly candle break so 2280 below we can sell for 10-15 points tgt as if price weakens then it can go to touch 2250 or 2240 level too, so we sell there & if falls further then trail & there's a trendline at top on 1hour time frame so price can respect it.
2312 above price sustains a 15min candle & closes then buy for 15 points tgt as the trendline & sideways zone was from 2302-2314/15 so let price close above it then buy. if gap up opens above 2310 then wait for 15min mark 1st 15min candle high & low then upon high break shift to 3min then buy for next 3min candle & exit or if goes up trail & if low breaks & closing comes below 2300/2290 then price can be weak & we can see a sell off till 2270-2250 levels too. if gap down opens avoid or trade in 2nd half as per price action.
Trade active
2420 below 2400 tgt can be seen & 2455 above 10-20 points tgt can be seen.
gap up or gap down wait for 30mins mark high & low then trade on side price breaks.
Trade active
price touched a imbalance or supply zone then fell & if it want to continue then it can touch 2390-2370 upon 2400 break or for fake & weak hands removal can fall till 2390 then reverse so we will take trade on 2390 break for 10 points as 1st tgt then trail if falls further, for buying take on support at 2400/2390 or if falls a little crosses 12/7/24 closing value & 15min candle sustains above it for 10-15points tgt.
gap up or gap down opens wait for 30mins mark high & low then trade on side price goes.
Trade active
a big "M" pattern in formation is expected as price can fall to test 2370-2366/2365 level as 11/7/2024 & 12/7/2024 candle is "Tweezer Top", so today there's a fall & may continue. so for 16/7/2024 if price opens flat & closes 2400 or 2390 then we can see 2380 as 1st tgt then upon sustaining we will see 2370-2366 tgt levels.(trail if falls further)
if flat opens takes support of 2400 then crosses 2435 then we will see 10-15 points tgt upside.
if gap up or gap down opens mark 30mins candle high & low then shift to smaller time frame & trade on side price breaks but keep small tgt's.
Trade active
A news about dividend & bonus is floating so traders will try to keep price hovering around & above 2200 & price retest is also pending so upon 2380 break 2372/2368 tgt can be seen,
for buying let price take support then buy & trail as per risk reward or price sustain above 2400 or 2405 at least a 15min candle then buy for 8-12 points tgt.
Trade active
2 things can happen from here 1) price taking support & reversing 2)price falling a little.
so 2328 below price will touch 2324 level then will fall to 2315 as there's a little hurdle & old order blocks pending & once 2315 breaks 2305-2300 level will get tested or it can fall further to 2292/2291 level too.
if price falls a little in 1st 15min candle till 2310-2305 level then reverses then upon 2343 crossing we can go for buy for 10-15points tgt & if price coming from bottom there's chance of price may not reach the tgt point so either buy at bottom on 2nd candle at support or let price go up & sustain for a day for buying on monday;
if gap up or gap down opens avoid as price can be volatile &can hit stoploss
as price can form a "W" pattern or can stay sideways in 2300-2352 level so we take trade on levels only, as aforementioned.
Trade active
price is weak as neckline of "M" pattern reached & on weekly timeframe price can go down to test 2240-45 level then reverse.
So for Monday if flat opens & crosses 2275 then 2260 is 1st tgt then if sustains then another 10-15points can be seen.
if flat & goes down a little takes support then only buy or if flat & goes up 2300/2305 above 15min candle sustains then 10-15 points can be seen==> this is only 2 conditions to buy.
Trade active
2300 above 10-14 points tgt upon flat opening
2270 below 10-15 points tgt upon flat open.
if gap up opens then wait for 30mins & mark high & low of 30min candle then if above 2300-2304 then upon high break trade for upper side & if takes rejection & falls below 2282 then sell for 10 points tgt.
if gap down open avoid trading in 1st half & if got any momentum in 2nd half trade on side price goes.
Trade active
price reacted as per news(budget) outcome, but it touched 9/7/2024 high which is good point & at lower level price even filled the order block pending(sl's)previous at3/7/24 lower point and if you see the price moved after trading in a zone for a week & we are seeing a narrow range move from 3 days so price can give a breakout and the zones are [2360 at top & 2240 at bottom].
price opens flat & goes up 2344 crosses then we may see 2355-2360 immediate tgt & if proper 15min green candle with/without small wick at top closes above 2360 then we may see 2380 tgt level or even more.
if flat opens goes below 2310 then 2300 tgt level can be seen & if sustains then trail, but price took rejection from top so we can sell & 2300 a strong support & hurdle zone so we will wait for its break then trade.
if gap up or gap down opens then wait for 30mins mark 1st 15min candle high & low then trade on side price goes.
Trade active
Price at crucial level from here a make or break can happen so 2424 above 15min candle sustains then buy for 10-15 points tgt can be seen & if goes up above 2445-2448.60 then we can see 2470/75.
if flat opens & falls below 2360 then 2340-2320 tgt can be seen.
if gap up or gap down opens then wait for 30mins mark 1st 15min candle high & low then see if price is trading above then upon pull back buy & if takes rejection sell.
Trade active
price opened gap down & went up as price is strong we may see 2480 level if price opens flat & sustains above 2440;
so 2424 above 2435 1st tgt & if price touches 2440 in 1st 15min candle basis then wait for next candle to sustain for buy & 2480tgt level can be seen,
flat open goes below 2400 then it will remove weak hands & can go to claim 2385 level.
if gap up or gap down opens wait for 30min mark 1st 15min candle high & low then trade on side price goes.
Trade active
Price at crucial point from here make or break can happen & don't confuse with levels & point of trade as price at crucial point can form a "W" Pattern or inverted head & shoulder so we need to ready for all patterns, so levels will be according to it.
if price takes rejection from top i.e. flat open goes up in 1st 15min candle then takes rejection from or below 2488 then upon next red candle we sell till previous day close value then trail if falls further & this can be retest or price can form H&S, if price open a small gap up goes up 2488 breaks sustains & next 15min candle forms green then w pattern so trade as per levels.
flat opens price falls as 1st 15min candle forms red & falls below 2420 then sell for 2400 tgt but price can form small candles & some may have wicks at bottom so be cautious. flat open price goes up above 2485 then 2500=1st tgt then upon sustaining we trail till 2508-2521.75 tgt level if price gets more strong can reach 2540 level too.
if gap up opens price takes rejection below 2488 then sell & if 2488 above price closes(15min candle basis) near 2500 wait & mark 1st candle high & trade on pull back or retracement if forms green candle is 2nd candle is red then sell.
if gap down opens 2420 near then wait for 30mins mark 30min candle high & low then shift to smaller time frame then trade on side price goes.
Trade active
price took rejection from top as per previous analysis but if this is retest then price can reverse if not then price can test 2400 level or below to form a pattern then move up.
So 2435 below 2420=1st tgt then 2414-2410 next tgt upon more fall if falls then 2402 tgt level can be seen & price can reverse really fast with a wick at bottom so be careful.
flat goes up 2475 above sustains then 2485-2492.80 tgt can be seen.
if gap up or gap down opens wait for 30mins then mark 30min candle high & low then trade on side price goes.
Trade active
price formed a candle with selling pressure from top & if price trades or opens below closing or low price of 30/7/2024 then there's chance of price fall till 2400-2405 can be seen. 2440 below 2427.55-2418 as 1st tgt then upon sustaining price can see 2409.45 tgt or2405 level.
For buying let price sustain above 2470 for 10-15 points tgt then upon sustaining we will see another 10-12 points.
if gap down opens mark 1st 15min candle high & low then trade on side price goes
if gap up opens wait if takes rejection from top sell & if gap up goes up let it go & leave till 10:30 then upon hourly range mark levels(high & low) & shift to smaller time frame then trade on side price goes but keep the rejection zone at top in consideration.
Trade active
price touched a new high & fell but good thing is it sustained above 2500 level & price on 1/7/24 touched a new high & fell from top with wick & today touched a new high & filled 1/7/24 pending order block.
if price opens above 31/7/24 closing value & sustains a 15min candle above it then price can go up or if price forms a red candle & falls below 2498-2492 value below then we may see 2480-2477.45 tgt level so upon 2490 below we sell & if price goes below 2477 then trail but price can come up sharp with a wick at bottom.
for buying flat open price opens 2526.50 above 10-15points tgt can be seen or if price falls a little takes 2500 support then goes up can buy at crossing on 31/7/24 closing value.
if gap up or gap down opens then wait for 30mins then mark high & low then trade on side price goes.
Trade active
price is weak so 2416 break sell for 20 points tgt be if flat or gap down opens & breaks.
2470 above buy 2480-2492 tgt level.
if gap up opens then wait for 30min then trade on side price goes.
NOTE: if flat opens takes support from immediate value then we can see a up move.
Trade active
Price on day chart going to form a pattern & what pattern is that? you all need to answer, regard this as test. as let's see how many of us are really understanding the candles & chart patterns.
If price is following that chart pattern then price can come a little down to go up & touch 2650 in coming days.
2360 a support.
flat opens 2470 above price goes 2480-2487.20 tgt level can be seen, if sustains more then we can see 2492-2498.45/2499/2502 tgt level.
flat opens 1st 15min candle red forms & closes below 2440 then selling till 2430 as 1st tgt then if more weakens we will see 2420 next tgt if further weakens 2405 level can get tested too.
if gap up or gap down opens then wait for 30mins mark high & low of 15min candle then trade on side price goes.
Trade active
A Triple Top & price fell & can continue so we sit for sell side trade on 2300 level break for 2290=>1st tgt then if more weakens we will see 2280-2264.75 tgt level.
buying scenario can activate on support if price takes at 2300 or 2290 then reverses & goes up sustains & trades above 2310/2312 level then we can buy 10-12 points tgt then trail if goes up more.
or flat opens goes up 2345 above price trades & 15min candle closes then 2360-2367 tgt can be seen.
if gap up or gap down opens wait for 30mins mark 15min candle high & low then trade on side price goes.
Trade active
price on day chart is weak but price sustained above 2300 level & closed so on 7/8/2024 we will wait for 2290 break for sell trade till 2280-2277.75=>1st tgt then if sustains & further weakens we trail till 2270-2260 next tgt level, if more weakens we may see 2240 level.
For buying 2315.55 above 15min candle sustains 2327-2335.35tgt level or 2340tgt level can be seen & a buying scenario can be seen if price opens flat takes support from immediate level(at 6/8/2024 low or close value) then goes up we can sit for buy for 10-15points tgt.
if gap up or gap down opens then we wait for 30mins & mark 15min candle high & low then trade where price goes.
Trade active
price formed a pin bar type candle on day chart & if price tomorrow i.e. 8/8/2024 flat opens 2350 below closes on 15min timeframe basis price will come to test 2325-2315 tgt levels or even can touch 2306 tgt level.
if flat opens at or near 2360-65 level then 1st 15min candle forms green & bullish then mark its high & low then upon high break trade for upside as price can touch 2380-2390 tgt level.
gap up or gap down opens wait for 30mins mark 15min candle high & low then trade on side price goes, if price is trading below closing value of 7/8/2024 by 9:45am then we can see fall till 50% value of 7/8/2024 move, if price sustains above 2360/65 then wait if rejection sell or if price retests as small fall then reverses then buy & trail stop-loss on alternative candle.
Trade active
Price touched 2500 level & fell immediately that means seller's are strong & pushing price down so price can try to touch 2500 level but before that let me remind you that 2475-2505 is a hurdle zone & price sustaining above it means a +ve move is expected.
flat opens 2460 above 2468-2488 tgt level can be seen(price can act volatile here & if 15min candle forms big & green & breaks then upon retest/pull back can buy) if sustains 2500-2505 tgt level can also be seen.
flat opens 2436 breaks then 15-18 points tgt can be seen & price can reverse from 2416-2408 level & if breaks 2404 & 15min candle closes below then selling till 2380 level can be seen,
but price can stay up above 2400 as 2416-2408 hurdle will protect price from fall.
if gap up or gap down opens then wait for 30mins & mark 15min high & low then trade on side price goes.
Trade active
Price on weekly is positive & also forming a pattern[1-red/1-green]
on daily chart price touch recent high but fell below so sellers are pushing price down
for MONDAY price flat opens 2580 above sustains then 2594-2600tgt can be seen & if sustains then 2620 tgt level can be seen if further gets strong. if flat opens price takes rejection below 2595 then we can see price falling to test 2540/2530 tgt level as swing on hourly time frame is there.
if gap up or gap down opens then wait for 30mins if price rejects from top sell or if forms a big candle breaks 2602 then upon a pullback then can go for a buy.
targets for gap up or gap down is based on price action formed or can go with alternative candle as stop loss.
Trade active
sorry for late analysis as there's a issue with my system so pls don't mind anything.
price touched a new high swept liquidity at top from previous high on 31/7/2024 & 9/8/2024 candles & closed in red forming a shooting star type candle on day chart so for tomorrow if price opens flat & goes below 2568/2567 then sell for 2548-2538 as 1st tgt if sustains then 2525 level can be seen.
for buying price needs to open & sustain above opening value of 12/8/2024 candle then can go for buy for 15/20 points tgt or 2583/85 crosses then can buy for 2595-2602 tgt & if price takes rejection from 2605 below then 10 points fall can be seen.
if gap up or gap down opens then wait for 30mins mark high & low then trade on side price breaks.
Trade active
price fell & closed exactly at the point of target mentioned but it touched 2020 level too, so price can become more weak & can test 2500 to 2488/2475 level too.
flat opens 2520 below sell for 2510=>1st tgt then if sustains then 2500-2495.65 tgt can be seen if further weakens then 2488-2475 tgt can be seen & if flat opens price falls a little till 2500 then reverses then we can see a up move then price reversal can be seen,
if flat opens goes above 2555 a 15min candle closes then 15-20points tgt can be seen upside, if flat opens & goes up till 2553 then takes rejection & falls then on next candle breaking low of previous/rejection candle then sell for 2524-25tgt if sustains then another 10-12points tgt can be seen.
if gap up or gap down opens then wait for 30mins mark candle high & low then trade on side price breaks.
Trade active
price formed a doji spinning type candle on day chart which means there's indecisiveness amongst buyers & sellers so what we can do as per pattern price can come down but there's probability of sideways too so if flat opens 2540 below 15min candle closes then 2527-2518 tgt can be seen & if goes down further then trail as per risk reward.
if flat opens goes up 2572 above then 15-20 points can be seen & there's a possibility of
price going a little up till 2582-2595 then reverses we can see fall till 2572/2570 so upon 2nd candle forming after rejection candle we sell.
if gap up or gap down opens wait for 30mins mark high & low of candle then trade on side price goes.
Trade active
Stock touched a new high & can even go to touch 3k level so by bonus issue time price can avg at 1360-1668 level why at this level? go on weekly chart & see where price got accumulation or buyers.
flat opens goes up 2812 breaks then can buy & if crosses after a pull back then a strong up move can be seen so i prefer a pull back or will wait for 45mins then see price action for any trade as sellers will try to push price down to get stock at discounted value so if takes rejection from top & closes below 2760 then can sell for 20 points tgt then trail i falls further.
flat opens goes down with big red candle on 15min time frame then mark candle high as sl then upon low break can sit for sell for 15-25 points tgt.
if gap up or gap down opens then wait for 30-45mins see price action then trade.

TIP: Bonus issue date is 24-aug so sellers will try to push price down & there's high chance of volatility or fake breakout/breakdown so be cautious as price will get avg at the aforementioned levels & on day chart doji, spinning or even long wick candles can be seen.
Trade active
As mentioned in previous analysis on day chart a rejection candle or shooting star or inverted hammer type candle formed as said sellers will try to keep price low & buyers will try to push it to 3k so we will mark 2 horizontal lines at 2 points & trade at its break & candle sustaining only.
2861 below 15min candle closes then 15-20 points tgt can be seen & if goes down further then price can fall to fill gap so trail as per you position size but price can reverse sharply by forming long wick so be cautious.
2895 above 2912-2925 tgt level can be seen & if price takes rejection from 2925 below then we can see 15-20 points fall.
if gap up or gap down opens then wait for 30mins & mark candle high & low then trade on side price goes.
Trade active
As per analysis price stayed at top but formed a spinning candle on day chart & price can stay in a range till this friday & 2925 is a point where price took rejection & then reversed & went up with small candle so 2925 is still a rejection point for 21/8/2024 so flat opens goes up 2912 above we take buy for 2925 as 1st tgt then if sustains then 2935-2950 next tgt level can be seen.
if flat opens & goes below 2874 below 15-20 points tgt & 2860tgt is at bottom if price weakens.
if flat opens or a little gap up then takes rejection from 2925 then we can sell 2912-2902 tgt level.
or if gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
price can form a doji or rejection type candle & in rare case if price breaks 20/8/2024 low then can fall & it will be directional so stay alerted & mark day to day range & trade as per move/price action.
Trade active
Price is trading in sideways range & inside 19/8/2024 candle, but formed a negative candle on day chart today showing selling pressure but by closing price sustained above 2840 & "Rejection zone at 2860-2850" if price breaks then 2840=>1st tgt then if sustains 2812=>gap fill can be seen.
if price falls a little till rejection zone & reverses then crosses 21/8/2024 closing value then we can buy for 15-20points tgt if sustains then 2900 level can be seen too,
if flat opens goes up then we buy on 2nd 15min candle crossing 1st candle high {if green candle forms} if flat goes down rejection zone below candle closing sell.
if gap up takes rejection from 2910 then sell or if sustains above it avoid till a pull back comes.
if gap down opens then wait for 30min then mark high & low then shift to smaller time frame then trade as price moves in direction.
Trade active
Price touched a new high & sellers took charge & on day chart price formed a shooting star or call it inverted hammer but selling pressure is seen so 3k level touching is a little difficult but not impossible so on 23/8/2024 opens above closing value of 22/8/2024 then price if formed a green candle on 15min time frame then can go up to touch 2965 as 1st tgt then to 2990-3k level or if flat open falls a little takes support near 2850-2860 level then reverses then we can see 2900 tgt level.
if flat & price takes rejection from 2910 below then we can see price fall to 2860 level.
if gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
First accept my apologies as i miscued the date of bonus but a week ago i've mentioned that price will come in this range so what next? from here a couple of things can happen. 1) sideways 2)negative 3)upmove
when bonus gets issue sellers want to accumulate more & discounted price attract buyers more so there will be a tussle between them which can result in sideways.so those looking for investment buy on dips & add up/average on fall but not on immediate fall but a big one so value of average is good.
Monday if opens flat goes below 1550 then 15-20 immediate tgt downside can be seen & if falls further then trail as per risk reward.
if flat opens goes up let it go & sustain above 1600 then only buy & if price takes rejection from 1600 or just below it we will see immediate tgt of 20 points downside.
if 1600 above 15min candle sustains then 1620/1623.45/1625 as immediate tgt then if goes up trail as per risk reward.
if gap up opens or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
Price formed a red candle on day charts & can test 1500 level if further weakens, but if you observe closely price stayed inside 1st 15min candle & closed inside so flat opens 1530 breaks then 1517-1505 tgt can be seen, if flat & goes up a little till 1562 take’s rejection sell 1540 tgt and be seen if goes down further then trail.
If flat goes down takes support near & above 1505 then wait as on next candle breaking high can sit for buy till 1540 tgt level.
If gap up open near & below 1595/1593 then 1st 15min candle forms red then mark high low & 2nd candle breaking low of rejection candle then sell for 1540 tgt level & if 1st candle forms green then wait &let it go upside.
If gap down opens near &above 1505 then wait for 2nd candle to break &sustain above 1st 15min candle for 1530-1540 tgt level.
Trade active
Price on day chart formed a doji with long lower wick & price filled the order block at 1500 level then reversed & on hourly chart formed a "W" which got neck line at 1531.50-1535 level so price opens flat stays above it we look for buying only on every pull back but if any time price goes below 1530 with a proper 15min candle closing comes below it then we can see price going till 1503 level.
flat opens 1545 above 15min candle sustains & closes then upon next candle crosses high of 1st 15min candle can buy & we may see 1562-1596/1600 tgt level can be seen.
flat opens goes below 1525 or 1520 then we may see 1505/1503 tgt level, as price got support zone at 1484-1505 level so price can reverse from these zone.
if gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
Price filled 27/8/2024 lower wick & have got identical low as of previous day's so the possibility of reversal as price stayed inside the range & if price breaks the range then a big fall can be seen.
1490 below 15min candle closes or flat opens/ gap down opens 1st 15min candle forms red & below 1484 closes then sell for 1477.50-1467/1462.25 tgt can be seen.
if flat opens small red candle forms & doesn't breaks 1484 & next candle goes up breaking previous candle high then upon 1505 above can buy for 1516-1520/1522.25 tgt level then if goes up trail.
if gap up opens then wait for 30mins mark high & low of 30min then trade on side price goes by shifting to smaller time frame & if price opens near & below 1525 takes rejection in 1st 15min candle then upon next candle breaking low sell for 1505 tgt level.
Trade active
price formed a big red candle after opening gap down so it didn't do anything as like our analysis so apologies & I've updated under comments about trade & move so for tomorrow price can do 2 things 1425 or 1420 below 1405 tgt if sustains then 1400-1388/1386 tgt level can be seen.
if price falls a little & takes support near 1406-1425 range then above 1430 next support candle above we can sit for buy for 1440 tgt level.
or flat goes up 1440 above only buy for 15 points tgt & if goes up trail but less likely as price will have to give a pullback or opening candle should be big to sit for buying.
if gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
price on week time frame formed a red candle & on daily A DOJI candle formed 1405 tgt filled &A small head & shoulder in making if price goes up a little then takes rejection from & below 1500 & falls below 1450-1435 then we can say head & shoulder pattern formation & price can fall further. strong "Support at 1254 & 1700 Resistance",
for Monday flat opens 1425 below 15min candle closes then sell for 1405-1400 tgt level & if price reverses from 1425 then 1440 breaks then we can see 1454-1468/1475.80tgt level.
if flat goes up 1454 above only buy for 15-25points tgt.
if gap up or gap down opens then wait for 30mins mark high& low then trade on side price goes.
Trade active
A negative candle on day chart & price can come to test 1400 level & this time it could even close below it but will trap by going a little up after fall so flat opens goes down wait for 1405 level break or 1400 level to sustain then if price takes support & goes up then we can sit for buy only if price takes support & closes above 1425/1428 for 10-15 points tgt.
if flat opens goes up directly then wait for price to sustain above 1428 if does then price can go up to touch 1436.45-1444 or 1455-1458 level can test too.
if gap up opens or gap down opens then wait for 30mins mark high & low then trade on side price goes.
NOTE: if price flat opens 1st candle forms red on 15min timeframe & closing comes below 1405-1400 or closes below 1400 like at 1398-1395 then wait for next candle to break low of 1st candle then trade on lower side & price can fall to test 1388-1375 level, if price breaks 1400 level with small candles then there's possibility of price breaking 1400 level then fall a little then reverse to touch 1415 then upon fall again can sell.
2 things can happen either a direct fall or a fall then reverse then fall again.
Trade active
Small Inverted hammer type candle on day chart & price trying hard to sustain & close above 1400 & doing it as well from past couple of days if flat opens 1413 below candle closes then 1405-1400 tgt level can be seen & for once price can try to go below 1400 & reverse then fall after taking rejection from 1425
[or] in 2nd scenario price open flat & start going up then can touch 1435-1441 or even 1450 level but the opening price need to above 3/9/2024 closing value & if 1st candle low touches 1420 & forms a wick & reverses then we can see up move as green candle formation.
if 1426 above price sustains the we can see 14-17 points upside tgt.
if gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
Price tested 1402 level & sustained & closed as price tested support hurdle & closed above & formed inverted hammer candle on day chart so price opening above closing value of 4/9/2024 then price can go up to 1440 but there's a chance of price forming a lower wick near 4/9/2024 opening value.
flat 1427.30 above 1434-1440 tgt level can be seen & if sustains price can go up then trail stop loss on alternative candle, if price hits 1440 level & takes rejection from there & big red candle forms then upon 2nd rejection candle sell till 4-9-2024 close tgt.
if flat 1412 breaks then 1406-1403/1402 tgt level can be seen if price closes below 1400 then price can fall further & it will be till 1360. as buyers kept hold on 1400 level so they will try hard to keep price up above it.
if gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
One thing that i haven't disclosed in this week analysis is there's a trendline at top which price is respecting & 1405-1425 a zone which price is respecting & closing inside the range so for FRIDAY if price 1425 above goes then 1430-1432.55 tgt can be seen & if price breaks & sustains above it then can buy for another 8-12 points tgt & if price takes rejection from 1432.55-1430(from trendline) then we can see fall till 1417-1415 tgt level.
if flat & goes down then1405 below only sell as 1425-1405 a zone where price can take support or even can take pressure & fall.
if gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
TIP: price sustained & closed above 4/9/2024 closing value so there's a chance of price moving up but we need a price closing & sustaining above 1432.55.
Trade active
Price tested 1400 level today & sustained & closed above it, but this doesn't mean price is strong as on weekly chart price is weak & can fall further to test 1340 level but before that there's a hurdle at bottom too on day time frame which is at 1370 level, so on Monday i.e. 9/9/2024 price opens flat breaks 1400 & at least trades & sustains for 15mins below 1394-1390 level then 1385-1374 or 1370 tgt can be seen,
if price opens flat goes up above 1412.60 & 15min candle closes above it then we can see 1425-1435 tgt but there's a trendline at top which price respected on 6/9/2024 & took rejection & fell so on MONDAY let it sustain & close above it to continue buying & if price goes up takes rejection again then we can see fall till 1412-1405 tgt level.
if gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
price on day chart is negative & can fall to test 1340 level so flat opens 1365 breaks then 20-25 points fall can be seen & if flat & goes up 1380 above 12-18 points tgt can be seen, or even price can test 1400 level too as price can form "W" small on 1hr/30min chart.
if price gap up opens or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
Price on day chart is weak & can come down to test 1340 or if weakens then can fall further,
so flat opens 1350 below goes 1340 1st tgt then if further weakens then 1334 next tgt can be seen.
if flat falls a little till 1340 then reverses then upon 2nd candle candle crossing support candle high buy for 1357-1362 tgt.
if flat opens then goes up 1360=high risky traders 1366=safe traders can buy for 10-25 points tgt.
if gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
Price formed a halt candle inverted hammer type with sellers building pressure but buyers pushing price up & significance is if price stays up above 1359 then price can go till half of value of candle till 1370-1372.45/1374 tgt.
if flat opens goes down takes support near 1348 then upon 2nd candle breaking & sustaining above support candle can buy for 10-15 points tgt if goes up further trail.
if flat & 1348 support breaks 1340 immediate tgt then 1334-1325 tgt level can be seen.
if flat goes up 1370 above only buy upon 15min candle closing basis & if price takes rejection from or below 1376/1380 then sell for 10-15 points tgt.
"1370-1350= NO TRADE ZONE 1348 A SUPPORT & 1383/1385 A RESISTANCE",
if gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
Price on weekly chart formed a hammer type candle & i.e. red
on day chart a inverted hammer red candle & tested 1400 level & fell & closed below trendline,
on 1hr basis if price opens flat & doesn't cross or sustain above trendline i.e. at 1392.55 then upon rejection candle sell for 10-15 points tgt, & if price sustains and closes above 1392.55 then we can see 1399.20-1405/1410.10 tgt levels(Trade on 15/5min chart as 1hr chart is for price action)
if flat opens price goes down 1376 below 15min candle closes then sell for 1366.50-1358 tgt if falls further then 1350/1348 level can be seen.
if gap up opens above trendline then wait for a dip for buying & if price falls inside trendline then sell & if price stays above trendline then buy on support.
if gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
Price got a little positive and sustained and closed above trendline so we need to wait before taking any trade as a pull back is needed and if opens flat straight goes up then can form a red candle & hit sl & then can go up again, so flat opens 1460 above 15min candle closes then can buy for 1468-1476 tgt level if sustains then 1491 next tgt can be seen.
If flat goes below 1428 then we can see 1415-1408 tgt levels or if weakens then 1402-1404 tgt level can get tested.
If gap up opens then 1480 below takes rejection then we can see 20points fall,
If gap down opens wait 30 mins then mark high & low then trade on side price goes.
Trade active
Price formed a green candle & tested fib.golden ratio zone from bonus date so 2 scenarios price will consolidate a little then go up or sellers will take charge & price falls so 1490 below 15min candle closes then fall of 10-14 points tgt can be seen & if goes below trail as per risk reward.
1520 above price sustains then buy 12-20 points tgt.
if price forms a big green candle on 1st 15min & reaches near 1537-1542 level then wait for another 15min candle to form then only decide to buy/sell if takes rejection or if price forms another green candle then wait for pull back/retracement then only buy.
if gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
A update before analysis as there’s an issue with my laptop so analysis may not come on time or there could be a break till issue resolves but I will try my best to give analysis.
Price formed a Doji Spinning candle on day chart & at golden ratio zone & from here can form a “M” pattern or consolidate in a range, any day 1470 below price trades that means weakness and can fall further, so 1520 above 1530-1542tgt can be seen & if goes up further then trail as per your risk reward,
1494/1490 below 15min candle closes sell for 10-18points tgt if goes down then 1477 a level let price sustain below it or trail as per risk reward.
Trade active
Firstly wanna say sorry for not giving analysis on time as laptop got issue so I’m working on it to resolve issue earliest, let’s get to analysis as price opened gap up & formed a big green candle on 30min & fell & stayed inside the range, on day chart price formed a inverted hammer candle so from here either price will move up or will form M and fall.on weekly price formed a big green bar meaning positive & 1600 level touch.
So on Monday if gap up or gap down opens then wait for 30mins mark high &low then trade on side price goes as 1592-1600 a hurdle at top which price can respect and 1505-1510 bottom support if breaks 20points immediate fall.
Flat 1545.20 above 15min candle sustains then 1560-1566.55 tgt then if sustains we can also see 1592-1600level.
Flat 1520 below 15min candle sustains then 1510-1507/1505tgt can be seen & if price takes support at 1505-1510level & reverses then on 2nd support candle buy for 10-20points tgt
Trade active
Price is tricking as moving in a range of 60points, 1528 above 1538-1544.35tgt can be seen, if sustains then can move up to 1557-1560tgt.
1515 below 10-15points tgt if trades below 1498 then 1493-1491 tgt can be seen,
If gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
Price formed a big red candle on day chart and tested & closed below 1500 level but closing came near 1498 which is a hurdle so price can once try to go above 1500 then trade a little then try again to break and this can happen by going g up till 1516-1518 level then fall or going up in 1st candle till 1505 then having rejection from top in that candle then fall till 1498 below or 1492 level test.
If price takes support at immediate level & goes above 1505 then can buy for 1515 tgt & book here once,if price takes rejection here sell 10points tgt if doesn’t takes rejection then we can see 1527.80tgt too.
1494 below 1485-1477tgt can be seen.
Trade active
A inverted hammer on day chart & its green & formed at important level but closed below 1500, so we need to be a bit cautious 1490below red candle closes sell for 10-15points initial tgt then trail if price falls further.
If 1505 above 15min candle sustains then 1515-1520tgt can be seen.
If gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
Price formed a big red candle so there’s a possibility of small price up move either in 1st candle or price falling till 1440 then reverse.
1465 below 1455-1450=1st tgt then if falls further then trail till1440 & book here once then price can reverse till 1458.40level.
For buying either do at price support at low or let it sustain a day & close above 1480 for buying scenario.
1480-1472 below price take’s rejection then sell for 10/15points tgt then if falls further then trail as per risk reward.
If gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
Price is weak & can fall to test 1411 level if further weakens but before that there’s a hurdle at 1415 price need to sustain below it for more fall.
So flat 1437 breaks then 10-15points fall can be seen and price can get a small support here then reverse if does then we can see price going to touch 1450tgt if not 1420 below 1411-1406level can also be seen, if price flat opens 1st 15min candle forms red with lower wick big then wait for another 15-30mins mark high of 1st candle then trade as we will get small tgt, flat goes up1451 above sustains for at least 15min then only buy for 15points tgt or till 1474tgt, if price takes rejection from 1451 then sell for 1432tgt.
Gap up or gap down opens then wait for 30mins mark high &low then trade on side price goes.
Trade active
Price is weak but there’s a possibility of price reversal but there’s also a possibility of price forming a lower wick then reverse and this could be very fast and can happen on 15/30min time frame and in 1st candle and if doesn’t happen and price comes down slowly then takes support near 1411/1410 then forms W then goes up then buy for 1432tgt.
1459 above buy 1460-1475tgt; 1429 below sell for 12-15points tgt then trail if goes down further.
Gap up or gap down opens then wait for 45mins then mark high &low then shift to 5/15min time frame then trade as per price action.
1400level can get tested if price weakens and 1475/1480.45level at top.
Price is inside 1330-1600 range.
Trade active
A long legged doji(upper) candle formed so 2 possibilities 1)price reversal 2)price continuation.
1411 below 1403-1398=1st tgt then trail if goes down further,
1420 above sustains then 8-15points tgt, then trail.
Price can be a little tricky as price can move down wards fast in 1st 15min candle & then stay inside trading or can slowly break 1420-1425 then a little pull back then go up.
If gap up or gap down opens wait for 30mins mark high & low then trade on side price goes.
Trade active
Price is weak and can fall further as we all know the f&o news impact and transaction charges news, on weekly chart price is weak & at neck line of “/\/\”pattern and from here it can also form a pattern like “/\/\/“ to trade sideways,
Day chart price is weak and can touch 1335level,
For Monday 1365 below 1359-1348.40=1st tgt then 1335 next tgt level or price can go up a little then fall or flat and 1st 15min candle red and of 10-15points then stay inside the range,
1400 above only buy, but price may take rejection from there and fall again if sustains a day and closes then goes up then we will look for buy trade or else we look for buy trades if price falls till 1335 takes support then we look for price action or pattern then buy.
If gap up or gap down opens then wait for 30mins mark high & low then shift to smaller time frame then trade on side price goes.
Trade active
Firstly our analysis was not as per market move so accept my apologies as we haven’t analysed a situation like this, so let’s move on for tomorrow’s analysis as price got buying after market open and it was with good volume but sellers pushed price down from 1440 below stating it as big resistance so in future price reaching this point will face a hurdle,
So flat open 1360 below 15min candle closes and red then we can see 1348.40-1340 or even 1334.50 tgt level, if price flat opens goes up 1386.40 above sustains then we can see 1395-1405.50 tgt level and price can come down once after reaching this then a buying can be seen,
If price flat opens goes up takes rejection near and below 1386.65 then upon next candle after rejection candle can sell for 10-12points tgt,
If gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Note
Price formed a red hammer type candle on day chart & significance is if price trades above 1372-1378 then there’s a possibility of price going up & it could even reach 1400 level & if goes below 1350 with a 15min red candle closing below it a fall of 10-15points can be seen.
Flat 1372-1378 above price trades on 15min basis with a green candle then buy for 1384-1397.80/1400 tgt level. If flat 1350 below price trades on 15min red candle closing below it sell for 1340-1335.20 tgt level.
If gap up or gap down opens then wait for 30mins mark high& low then trade on side price goes.
Trade active
First apologies as not able to give analysis as I was a little occupied, but will try now to give analysis everyday, on weekly chart price is forming a “\/\/“ and a lower low lower high formation and w pattern confirm on 1515 above price sustains and trades, 1340 a support and 1580 resistance.
On day chart an inverted hammer candle red formed & there’s a trend line at top once 1510 breaks then 1542-1570/1580 level can touch.
Flat opens 1468 below 1460-1457/1455 or even 1448 tgt level can get tested.
Flat goes up 1485 above 10-15points tgt can be seen, and book near 1500-1505 level as there’s a trend line at top so price going above it sustaining then can sit for buy or if price takes rejection from 1505 level then 15points fall can be seen,
Once 1505 above price sustains a 15min green candle closing basis then retest then buy for 1515-1525 a small hurdle once price goes above it 1540-1580 tgt level can get tested.
If gap up or gap down opens 1505-1500 level takes rejection then a fall till 1485-1480 tgt can be seen, if gap down opens then wait for 30mins mark high &low then trade on side price goes.
Trade active
A W formed on day chart and neckline above price closed, so 1570 below 1560-1545tgt can be seen,
Flat goes up 1615.50above 15min candle closes then buy for 1624-1645.40tgt can be seen.
If gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
Price opened a small gap up and stayed inside a range on 15min candle till 11:00am then breakdown then stayed sideways then went up later while closing time, forming a spinning type candle, shows a price rejection from top, so tomorrow I.e. 16/10/2024 price opens gap up or gap down then wait for 30mins then trade on side price goes or gap up opens price takes rejection from 1625 level then we can see 15-20points sell or if 1st 15min candle forms red & big then don’t trade just mark its high & low then trade side price breaks &sustains.
Flat 1565 below goes 1545 tgt can be seen & 1540next if further weakens.
Flat goes up let price sustain and trade for atleast 15-30mins above 1607.60 for 1614.50-1632tgt then 1640/1650tgt can also be seen.
Flat goes up takes rejection from 1610 then mark its high & wait for 2nd candle to form then trade downside,as there’s a possibility of price reversal from 1600 level so be cautious here or book or let it close below 1596.15 for sell if price takes rejection.
Trade active
Price took a rejection from 1640 after flat opening and price fell below previous day low&close & from 8 oct to till date if you see trend then this 2days fall is 0.23% on fib. which is a pullback for upmove but candles formed are negative but from last swing price can touch 1550-1530 level if further weakens.
So flat opens 1560 below 15min candle closes then 1545-1540tgt can be seen, if further weakens then 1515 level.
Flat goes up above 1600 level then at 1625/20 then we can see a fall but this time price could fall a little then reverse sharply trapping all short sellers,
Flat opens goes up 1630 above price sustains and trades then buy or buy on pullback after flat opens,
If gap up or gap down then wait for 30mins mark high &low then trade on side price goes.
Trade active
Price took rejection from 1610 then fall so for tomorrow if price goes below 1537 with a proper 15min red candle closing basis for 1522-1515 tgt, if goes down further then trail.
If price goes above 1565.55 then only buy for 1581.40-1595 or even 1607/1610 tgt can also be seen, if price goes up after opening and takes rejection from 1615 below then same scenario like previous day can happen,
If gap up or gap down opens then wait for 30mins mark high &low then trade on side price goes.
Trade active
Price formed a green candle on day chart as earlier price respecting trendline at top now broke and sustained and retested then went up, so 1610-1615 a hurdle at top once price trades above it we will see price move till 1660 level,
So flat opens 1565 below goes then 1560-1545 tgt can be seen,
Flat goes above 1590 then 1600.20-1608.10 or even 1614-1624.25 tgt can be seen,
If gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
Price fell from which we haven’t discussed in our previous analysis and I’m sorry that we haven’t analysed the scenario,but we will keep every scenario in consideration now,
Price formed a red candle on day chart and on line chart formed a M pattern so flat opens 1539 below candle closes on 15min timeframe then sell for 15-20points tgt or even price can touch 1515.50 level,
For buying 1568.65 above 1588.75-1602.50 tgt can be seen if sustains then 1610-1615 tgt next,
If flat opens price goes up till 1610 or near it takes rejection then we can see a fall and this will form a triple top like scenario on day chart but the catch is price should go up in 1or 2 candles then take rejection then only sell,
If gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
Price is weak and formed a big red candle on day chart & there’s a possibility of price reaching 1425-1414 level, so flat opens 1450 below a red candle closes on 15min chart then 1435-1425 tgt can be seen,if falls further trail SL,
Price once goes above 1495 then only buy (or) flat opens price falls a little till 1450 forms a W pattern on 30mins/1hour chart then goes up trades for 30mins above 1480 then buy for 1490-1500 tgt.
If gap up or gap down opens then wait for 30mins mark high &low then trade on side price goes.
Trade active
Price formed a spinning doji candle on day chart & this was expected as after a big fall there are 2 scenarios 1)continuation 2) price volatility range bound as many swing traders & investors average position but here we will discuss the scenario for tomorrow,
Flat opens 1472 below 1462-1456/1448 tgt can be seen,
Flat opens takes support at immediate level then sustains & trades above 1501.45 then 1510-1515/1520tgt can be seen, but don’t forget the hurdle and “rejection zone at 1520.65-1540.55”,
Gap up or gap down opens then wait for 30mins mark high & low then trade on side price goes.
Trade active
snapshot
Follow the chart posted above as any levels would fail when 2 candles form inside a range as 23&24 oct candles are inside a range so draw 2 horizontal lines 1 at 1506 & 2 at 1436.40.
If price flat opens goes up we have 1506 level which will act as hurdle and 1436 a slower hurdle when price opens flat then there’s probability of big Stop loss so flat opens let price sustain and trade above 1480 for 1490-1495 tgt level or even 1500
If flat opens trades below 1453 for 30mins then we can sell for 1440/1438 tgt level.
If gap up then 1506 may act as rejection & if price takes rejection from & below it sell for 15-25points tgt, if gap down opens then there’s a trendline let price trade below it for sell or if takes support then buy tgt will be of 15 points initially then trail as per risk reward.
Note:- The levels given can fail as price have got 2points at which sellers and buyers will get active and tomorrow is Friday price can become volatile.
Trade active
Those who followed the chart(photo) might have got good sell trade,so let get back to 28/10/2024 analysis as price is weak on weekly and daily as we have a support at 1344-1334 level and there’s a different observation too & purely personal one if price flat opens takes support from immediate level or a little fall till 1370 then reverses then we can see a upmove as why this observation? Just go to line chart on weekly timeframe for answer.
Earnings report will be out so that will have a impact too.
So for Monday flat opens 1394 below 1380-1372 tgt level can be seen,
1438 above buy for 1448-1455 tgt level or if price takes support at bottom then buy.
If flat goes up straight till 1146-1442 takes rejection then sell upon 2nd candle breaking low for 1420-1410/1405 tgt level.
Gap up or gap down opens then wait for 1hr mark high & low on hourly basis then if price taking rejection from hourly top sell if price breaking low of hourly sell if it is above 1370 for 10-15points tgt then trail.
msubhashish14
Chart PatternsTrend Analysis
msubhashish14

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.