OK THIS is my second analysis after fairchem , for which i updated when i sold .
The IT sector as a whole down due to external circumstances , No internal issues in almost all the it companies.
Considering this opportunity to invest or even trade for short term gains . I prefer mid cap which has better safety against sell off and higher profit percentage...
M&M is biggest weitage stock in NiftyAuto. It has broken Daily Trend. Could be sign of reversal with supply demand balance resolving with strong down move.
Head & shoulder pattern forming in PVR Daily chart
Trendline is broken on 16th Sept
Looks like possible candidate for short term downtrend
Correct me if im wrong
For Educational purpose only
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets...
Balaji amines Ltd gave resistance breakout with Good volume and made a retest. One can go long above day high with stoploss below the retest low.
Disclaimer :- I'm not SEBI registered analyst. This is my personal view. Information given is for educational purpose only.
Do your analysis before investing.
This stock has given a breakout in multiple timeframes ie., in daily timeframe and hourly timeframe with good volumes.
Follow me for more analysis like this.
HFCL Ltd has made a Inverse Head and shoulder pattern in D1 Time frame. It also give a breakout with good volume. One can buy 50% above today high and wait for retest to buy remaining 50% with recent low as stoploss. Recent swing high's are taken as Target.
Trail your stop-loss.
Disclaimer :- I'm not a SEBI registered analyst. This is my personal view. Given...
1hour Chart Frame - Nifty can down for gap feeling. Short time bearish.
Gap Range : 16380-16500
For bullish - must be Retested last breakover levels within weekend.
NSE:BANKNIFTY
yesterday a sharp rise has occurred but still, we are in bear trend as the market didn't break its previous swing high.
all sentiments and news are negative this is a sell-on-rise market.
Levels marked on the chart.
NSE:NIFTY
Bank nifty and nifty analysis important levels are marked on the chart.
please always trade with stop loss to...
This is the daily chart of CDSL i.e Central Depository.
Currently it has made a price action pattern i.e HEAD AND SHOULDER
If it breaks it's neckline, it will be a perfect entry with a small stoploss and a target of roughly ₹50.
*NOTICE*
I AM NOT SEBI REGISTERED.
I WILL NOT BE RESPONSIBLE FOR YOUR LOSSES
This is a education pupose only(and reference) fib extention is a tool (not like a indicator)
1.6 fib exte cus ratio ,
Atctual fibonacci ratio=1.618
( reasonable , but higher)
1.3 fib exte custom ratio(reasonable)
Purble line is 0 (zero) ratio ., -1.5 stoploss (take a support and resistance),
this is not retracemnet tool.
Contant is choosing with ...
In this chart, 1Day time frame we can see the triple top Pattern
Currently the price is in neckline and retesting. After Retesting there will be a good chance of fall.
Am i the only one, or do I see a Head & Shoulder Pattern, being formed in the crypto world..An example being ETHUSDT or MaticUSDT - Is more pain ahead...!?!
![BANKNIFTY: BANKNIFTY & NIFTY SUPPORT AND RESISTANCE FOR [22-06-2022]](https://s3.tradingview.com/5/5reONORw_mid.png "BANKNIFTY & NIFTY SUPPORT AND RESISTANCE FOR [22-06-2022]")
