Nifty View: Nifty continues north with a nice gap up in today’s trading session - a gain of close to 100 points to post a close at 15,718. On its way up, the index did prove its erstwhile swing highs as a fine source of support at (15,600-15,650). This 50 points zone works as the immediate short term support for the index now. We have an intermediate price...
Titan is testing its All time high for another time at 1610 levels. If it manages to break the resistance, Execute long after the retracement happen near the Resistance level as mentioned in the chart for a minimum target of 50 points. If it fails to break and started to fall, execute Short at 1580 levels after the retracement (for confirmation) for a target of...
Bajaj Finance has been testing the ATH zone multiple times. It has broken TL and given closing above it (2nd attempt, failed to sustain in 1st). Looks good above 5823 for Intraday.
NSE:GUJGASLTD Levels are Mentioned in the chart... Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational...
- JKLAKSHI - Breakout from its all time high - Formation of complex double bottom pattern - Increase in Volumes during bullish phase - Breakout with huge momentum candlestick - Entry after a retest at 580-585
🔰 MY thought process : ⭐Everything explained in charts itself for this one :) with logic 🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :) Also keeping an eye on JSW steel too seems bullish to me :), All the analysis already posted on my page...
Maan aluminium CMP - 203 1.) Multiyear rounded bottom bullish breakout 2.) Multiple flag pattern 3.) Higer volume 4.) Rising OBV(Shows strength) Good buy zone > 175-190 Support -> 164 Target - 300++ #only for Educational Purpose
Nifty View: The underlying positive momentum continues as the benchmark Nifty index gained a little over 100 points in today’s session. Two upside targets were mentioned in our last write-up - 15,575 and then 16,455. The index has tested the first target in today’s session quite comfortably without any slippage from its intra-day highs. The underlying trend is UP...
Bajaj Finance is near to its All time high . Traders can take short position once the Triangle pattern got broken for Targets of minimum 400 points. We can execute Long if the price manages to close above the All time hig h in 2 hrs candle. Use RSI trendline breakout for double confirmation of your trend. Kindly share your valuable thoughts.. Disclaimer:...
🔰 MY thought process : ⭐After a good breakout and reversal on the D chart now this beauty is on ATMs ⭐I see good Trendline support on 30mins and a possible good setup on 15mins :) ⭐A very decent trading setup would be activated when it breaks this small trendline on 15 min TF :) ⭐Trade type: swing ⭐Pattern: Ascending triangle on small TF with a bullish structure...
Nifty View: Benchmark index Nifty manages to show fine resilience as it managed to close well above the psychological 15K to mark the close of the derivatives expiry today. The index is close to its life high and considering the nature of the underlying momentum a possibility of a new life high is very high now. For the next two trading sessions, both Banks and...
1. Price action 2. Now Nifty is near to all time high , nifty moves in uptrend wedge ( mark in chart Supply and Demand zone ) 3. Possibility are : - now become new high / sideways move / to test resistance zone and fall down .
24-May-21 NSE:SBIN SBIN has made a new ATH and is consolidating for a likely strong upmove. Coming few weeks it may consolidate between 371 to 416 range. If in coming 4-6 weeks manages to sustain above 371 - 415 range, then most likely targets are 458, 523, 580 Fair possibility of 650 exists if the trend remains intact. Pro's Currently seems to...
Stock has been moving up in last few sessions with good volumes. Now it has hit its ATH resistance zone. Good if sustains above 827 for few minutes. SWING - Let the daily candle close above resistance zone for targets of 840-850
HDFCBank > Hourly Chart > Descending channel BO > CMP 1497.30 > Support 1425 > May go 1565, 1628, 1702,1900+ Dtd : 22nd May TheCharts Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
I was Bullish in Nifty from Past week, It shows a great buying pressure at every dip Nifty has a Extreme Support at 14200 with Minor Resistance 15000., I can see a pure weakness in 15000 Resistance which can break in upcoming days Nifty has high possibility that it may test Previous high in this may series., Nifty ALL TIME HIGH was 15431 Also I can see a...
L&T has given a breakout from the trendline and now it is in pullback and taking the support from breakout level. So it is a good chance to go bullish for a few in this stock. It also can reach an all-time high.