Get started

Candlestick Analysis

Bank Nifty cmp 39283 dated 6-10-2022 SHOOTING STAR Daily ChartBank Nifty cmp 39283 dated 6-10-2022 Daily Chart 1. Shooting Star Candle 2. will get actives below 39230 Sell below 39230 for target 38800-38500-38200 SL 39700 buy above 39650 for target 40200-40500-41200 SL 39200 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 incase if any trades on it. It is just a view, pls trade at your own risk.
NSE:BANKNIFTY
by SHEETAL_UDESHI
1
Bank Nifty Cmp 38632 dated 30-9-2022Bank Nifty Cmp 38632 dated 30-9-2022 DAILY Chart Analysis 1. Bullish Engulfing Candlestick On Daily Chart Have engulfed 2 previous day candles. Resistance 38850 breakout above target will be at 39100-39400-39700-40200-40600 SL 37900 Support 37900 breaking below target be at 37200-36500-35500-34800 SL 38400 Bank Nifty 38632 dated 30-9-2022 15 min Chart Intraday levels 1. Buy above 38750 for target 38900-39050-39250 SL 38400 2. Sell below 38490 for target 38350-38200-38000 37950 SL 38700 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 incase if any trades on it. It is just a view, pls trade at your own risk.
NSE:BANKNIFTY
by SHEETAL_UDESHI
2
Bank Nifty Cmp 39546 dated 23-9-2022 Daily Chart Positional Levels Bank Nifty Cmp 39546 dated 23-9-2022 1. Double Top @ 41850 Sell below 39400 for target 39300-38900-38500- 38000-37300 SL 40500 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 incase if any trades on it. It is just a view, pls trade at your own risk.
NSE:BANKNIFTYShort
by SHEETAL_UDESHI
ABFRL Cmp 335 dated 23-9-2022 BEARISH ENGULFING AT TOPABFRL Cmp 335 dated 23-9-2022 1. Bearing Engulfing Candlestick @ top of the chart. 2. RSI had already breakdown Sell below 333 for target 323-310-300-290-275 SL 250 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 incase if any trades on it. It is just a view, pls trade at your own risk.
NSE:ABFRLShort
by SHEETAL_UDESHI
3
TVS Motor Cmp 1068 dated 21-9-2022 SHOOTING STAR CANDLE AT TOPTVS Motor Cmp 1068 dated 21-9-2022 1. Shooting Star Candle at Top of the chart. 2. RSI reversal. Sell below 1065 for a target of 1035-1015-1000 SL 1095 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 incase if any trades on it. It is just a view, pls trade at your own risk.
NSE:TVSMOTORShort
by SHEETAL_UDESHI
2
Grasim Ltd 1744 dated 16-9-2022 SELL DOUBLE TOP Grasim Ltd 1744 dated 16-9-2022 1. Bearish Candlestick @ top of the chart. 2. Double Top on chart Sell @ Cmp for target 1705-1675-1620 SL 1820 (Positional) for Intrday or 2-3 days keep stop loss 1775-1780 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 incase if any trades on it. It is just a view, pls trade at your own risk.
NSE:GRASIMShort
by SHEETAL_UDESHI
4
Bank Nifty 40777 dated 16-9-2022 SHOOTING STAR WEEKLY CHARTBank Nifty 40777 dated 16-9-2022 1. Shooting Star Candle Weekly Chart Trading below 40288 will get activate Sell below 40285 for tgt of 39260-38850-37900 SL 41850 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 incase if any trades on it. It is just a view, pls trade at your own risk.
NSE:BANKNIFTYShort
by SHEETAL_UDESHI
Apollo Hospital Cmp 4428 dated 14-9-2022 SHOOTING STAR CANDLE Apollo Hospital Cmp 4428 dated 14-9-2022 SELL 1. Shooting Star Candle (Bearish) 2. Open & Low same ( Bearish) 3. Trendline breakdown @ 4400 Sell below 4400 for target of 4325-4240-4150 SL 4520 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 incase if any trades on it.
NSE:APOLLOHOSPShort
by SHEETAL_UDESHI
Titan Cmp 2645 dated 15-9-2022 SELLTitan Cmp 2656 dated 15-9-2022 SELL 1. Dark Cloud Cover Candle Stick (Bearish) 2. Double Top made 3. RSI Breakdown. 4. Trendline Breakdown Sell below 2645 for a target 2590-2540-2450- 2400 SL 2725 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 incase if any trades on it. It is just a view, pls trade at your own risk.
NSE:TITANShort
by SHEETAL_UDESHI
Nifty Today: “Khaya Piya Kuch Nahi, Glass Toda, Barah Aana” - 21Nifty View: Some severe volatility from the Nifty on the very first day of this week – the index oscillated within a wide range of more than 250 points in today's session to post a close at 17,208, a day's loss of 69 points. The fact that it closed negative is not a surprise as the underlying trend is down, but it was the degree of intraday volatility that was severe for any short term trader. The BankNifty was a pocket of strength that managed a positive close; this is a good thing as this index enjoys the maximum weightage in the overall market. On the other hand, it was the broader markets like mid and small cap stocks which got beaten down the most. Strategically it makes sense to maintain a cautiously bearish stance on the market and not look to add long positions aggressively. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
Mentorship InstaView 29 Sept’21: Not Bad of a Day 
Nifty View: Benchmark Nifty faired relatively better in today’s session considering a weak opening with which it started the day’s trade. At a close of 17,710, the index managed to do two good things - one did not break below yesterday’s low and two, positive participation from sectors like METALS, PSU BANKS & PHARMA. The underlying trend stays UP and with derivatives expiry scheduled tomorrow, we should continue with a cautious bullish bias. Please watch the video for a detailed analysis of the index and stocks. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
Mentorship InstaView 22 Sept’21: Not Losing is a Gain 
Nifty View: A flat close from the benchmark Nifty index in today’s session, up just 7 points to close at 17,567. Because we had a 175 point rally the day before, such low volume low-ranged trading session is not a surprise. We should look at today’s session as more of a consolidation and show of strength as it did not retrace from its recent gains. A move above today’s high will very likely infuse fresh buying impetus. Watch the video for a much detailed index and sectoral analysis. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
Mentorship InstaView 08 Sept’21: Banks save the Day 
Nifty View: Intraday volatility stays on the higher side as the benchmark Nifty index oscillated within a day’s range of 125 points. At a close of 17,386, it was a flattish positive close from the index, up just 10 points. On the daily time frame, we have clear signs of directional uncertainty thanks to formation of Dojis or small bodied candles. If banks continue to support the index like they did today, then a break down is unlikely and the index might as well inch further up towards a new life high. So continue to focus primarily on the private sector banks. Maintain a cautiously bullish stance on the overall market. Watch the video for a more detailed analysis. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:INFY1!
by Abhijit_Paul
Mentorship InstaView 07 Sept’21: Today's low Important Now 
Nifty View: Intraday volatility makes a comeback as the benchmark Nifty oscillates within a days range of 150 points. At a close of 17,375, the index lost 28 points on a day on day basis and form a beautiful "Doji". Yesterday we spoke about the possibility of an exhaustion gap on the daily charts and keeping in mind today's price action this possibility to be an exhaustion is quite high. Important level to watch for tomorrow will be today's law of 17,300, break below which will definitely infuse selling pressure in the overall market. Please watch the video for a more detailed analysis. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:ITC1!
by Abhijit_Paul
1
WaveTalks-Nifty-The Evening Star / Wedge CollaborationThis short video explains how the evening star turns into a wedge pattern. If correct, downside 16590 was critical support, holding above Nifty could bounce back again to 16680-16700. On the upside, Holding below 16712 highs, It can attempt to fall back again to 16615-16625 & assuming that if Index falls below 16590-critical support, it can fall to 16500 / 16440 / 16400 levels When you splash around the water, you get to hear a peculiar sound which you heard over the video at the start. I have compared that sound of up & down in Nifty Index to water pool splash. This scenario in technical analysis is called a wedge pattern What Is a Wedge? A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series throughout chosen periods. The lines show that the highs and the lows are either rising or falling giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action. Elliott Wave Analysis These wedges are further classified as Type 1 / Type 2 diagonal (wedge). Depending on the position of the structure unfolding. They are called (Type 1)Leading Diagonal – Start the price move (Type 2)Ending Diagonal - End the price move ------------------------------------------------------------------- Last Video Idea - Nifty Bearish Bat Harmonic Pattern -------------------------------------------------------------------
NSE:NIFTYEducation
by WaveTalks
15