Jubilant Food Cmp 604 DATED 12-10-2022 1. Doji Candle @ support line 2. RSI reversal Buy above 606 for target 615-625-635 SL 590 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it...
RAJESHEXPO | Settled and recovering from strong support CMP : 478 SL : 400 Target : 830 1:6+ risk reward setup
Good Morning! In the yesterday’s trading session, we did observe how after a flat to positive opening, the index managed to make a high of around 17261. However, the index failed to cross over the Resistance level of 17270, and in stead showed us a significant selling pressure in the last one-and-a-half hours. Fascinatingly, it did somehow manage to take a...
SGX Nifty Trading Negative Side As Per Price Action SGX Nifty Immediate Resistance is @16982 Second Resistance is @17053 If SGX NIFTY Crosses Above @17053 Then It Will Turn Bullish For Tomorrow Only SGX Nifty Support is @16025 SGX Nifty Breaks Today's Low @16011 Then It Will Fall Upto @16861 Then It Will Consolidate For Some Time Then It Will Breaks Towards Down...
CIPLA | Channel + Flag breakout - Pleasant setup looks Potential for a 10% CMP : 1050 (Dip : 1020) SL : 980 Target : 1140 1:3 risk reward setup from dip
HCG | Trendline breakout - Trying to capture 15% CMP : 298 (Dip : 290) SL : 280 Target : 335 1:3+ risk reward setup
GOLD Buy Trade Opportunity Gold currently moving downside Here is the Major Support area as we mark on the chart We are accepting that market will be reversed for this point if the market makes a strong Bullish candle so it will be a good point for buying Always use Stop Loss
MAHSCOOTER- Maharashtra Scooters Ltd PPFAS has recently added in their portfolio, hence it was in my watchlist. Coming back to charts: PC-A = PC B With the breakout of PC A at 4510, rallied to highs of PC-B, 5245, and retested the support of Midline of PC-B at 4980. #WondersOfPC Today, candle is building strongly, good to enter at CMP of 5175-5185 Coming Target...
NSE:APOLLOTYRE #NSE:APOLLOTYRE formed beautiful double bottom (W) Pattern. Levels marked on chart for study.
Just as it was expected, similarly we did witness a gap down opening in Nifty yesterday. Also, it was a day full of volatility in the Market. However, on a positive note, we did see some stock specific momentum yesterday. Besides, fortunately Nifty did manage to sustain above our crucial levels of 17170 and 16940 on a closing basis. Which, therefore shows some...
As we can see NIFTY can be seen in more of a consolidation zone though it showed a strong upmove last trading day yet the trend is undecided and weak unless it sustains above 17500 as said in previous analysis, further we can see NIFTY headimg towards its important resistance which is 17300 levels and 17500 levels respectively hence if opens flat to weak then we...
1. For explanation of "on neck" pattern please check out the video of Kunal Sarangi with title "Candlestick Pattern Jo Fail Nahi Hota". (Although not a sharp uptrend before on neck candle, but definitely a big bullish candle) 2. Delivery data of of Week of 3rd Oct (4 trading days), with week of 26th Sept (5 trading days), the delivery was higher in the latter...
Nifty on the daily time frame has given a nice bullish candle after initial gap down. The market remained in a bullish moment in the initial hour of the session and consolidated in the second half of the session. On the 15 minute time frame, the moving averages are close enough and both the moving averages are around 17212. The market is still in the confusion...
Banknifty on the daily time frame has closed almost flat losing around 80 points. After a gap down of more than 400 points, banknifty regained and filled the gap. Though, in the second half the market remained in a consolidation zone. On the hourly time frame, market has closed between both the moving averages. Banknifty has taken resistance from its 200...
NSE: SATIA is closing with a strong bullish reversal candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days and moving along the trendline which is indicating demand. One can look for a 9% to...
NSE: CONFIPET is closing with an strong bullish reversal candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days and moving along the trendline which is indicating demand. One can look for a 9% to...
EASEMYTRIP: Easy Trip Planners Ltd In the chart: PC-A1 = PC-A2 = PC-B1 = PC-B2 #WondersOfPC At the time of breakout of PC-A1, candles consolidated in same PC's, then went down and took support at Point P1, which is mid line of PC-A2 and with that Support it Broke out the consolidation. Now, check the same for PC-B1 & PC B2 We had a good consolidation after the...
Fortunately, Nifty gave us a positive closing of above 17270, for the past 3 consecutive days, in the previous week. Also, as per the current chart setup, we are still with our words that if Nifty continues to sustain above the level of 17170 and 16940 on closing basis, then it will give a positive strength to the Market for the upcoming rally. However, keep in...