Get started

Breakoutsignal

Nifty50 Breakout from Broadening wedge FormationNifty stands at 17,833 levels as of today. Nifty is breaking out of it's broadening wedge formation for the first time since october 2021. The index has rallied by 18.5% from it's June 2022 lows of 15179 to 178333 level till last week. The crucial support on a weekly basis lies at 17,600 levels which acts as technically pivot levels beyond which stop loss levels have to be reset . Current major technical and Psychological resistance level stands at 18,000+ for this week where nifty saw a major resistance last week as well, Beyond this level we can see a minor correction but if momentum persists week on week basis we can see a rally upto 18600 by October-November . Crucial Levels: S1: 17600 S2:17400 R1:18000 R2:18349
NSE:NIFTYLong
by chandakpulkit
hindpetro analysis BULLISH MODEhi traders., 1.hindpetro inverted h&s pattern breakout in day chart.., its formed in bottom of the channel 2. also long term its traded in channel ..,as per channel rule it has to come top of the channel., so we got a double conformation.., 3. over all bullish mode stop below 240 ( buy around 245- 250 ) first target 270 -275 and next target around 280 -285 target period 15 days 4.strong bullish close on weekly chart.., also today they declare result hope it will boom on monday .
NSE:HINDPETROLong
by sathiyans31
6