IRCTC looks good to buy above 680 in Weekly time frame. Targets will be 712 and 738. Should consolidate near 650 to 680 range and then give breakout then good move will come. RSI too looks good. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you...
In the Weekly Chart of NAZARA , we can see that, it has given a Range breakout but the breakout candle is not strong. Expected momentum is shown in chart.
In the Weekly Chart of SCHAEFFLER , we can see that, positive momentum is started . Soon we will see a Cup & Handle breakout in it. Expected momentum is shown in chart.
In the Weekly Chart of BASF , we can see that, positive momentum is started . Soon we will see a Inverted Head & Shoulder breakout in it. Expected momentum is shown in chart.
In the Weekly Chart of BORORENEW , we can see that, it has mad a Decision Making Candle. Possible momentums are shown in charts.
In the Weekly Chart of DABUR , we can see that, Hammer Candle is formed on Support Trendline. Expected momentum is shown in chart. Enter at 560 with SL as 546 book profits at 650-660 levels.
long term downtrend channel on weekly time frame formation of symmetrical triangle in process entry and accumulate in zone 230-250 with support 215 weekly closing bases. above moment can be seen up till 380 -400in next 3-5 month .and also breakout with strong candal and volume above previous swing high
In the Weekly Chart of BAJAJFINSV , we can see that, it has formed a Bullish Hammer candle. Expected momentum is shown in chart. BAJAJFINSV looks bullish in chart. We might also see formation & Breakout of Cup & Handle pattern in coming weeks.
In the Weekly Chart of ORIENTELEC , we can see that, it has mad a Decision Making Candle. Possible momentums are shown in charts. If it breaks the Candle's high, this will called as W Pattern breakout. If it breaks down, it might test the lower levels again.
In the Weekly Chart of KOTAKBANK , we can see that, it has mad a Decision Making Candle. Possible momentums are shown in charts. If it breaks the Candle's high, this will called as W Pattern breakout. If it breaks down, it might test the lower levels again.
NSE: COALINDIA is closing with a bullish swing reversal candle supported with 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 moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on...
Nifty has been trading below the 20 ema and is taking support from 19250 levels. Market has lost around 200 points from this week high and is trading around the previous swing low. If the market gives a gap up opening then there can be a halt candle and on the bearish side there will be another sell off. On the hourly charts, the market came for selling and...
Banknifty retested the 20 ema and again came for selling. During the opening hour market was volatile and formed a doji. After the retest market came for selling and touched 44000 levels and recovered. The market has closed 240 points lower. On the hourly charts, it traded below the moving averages and closed below it. It has taken a good support around 44000...
As we have analysed in our previous analysis that NIFTY could possibly show a strong upmove if breaks the given pattern but it opened with huge gap and which finally led to filling of gap with strong selling in the second half. Now as long as NIFTY doesn’t breaks below the following pattern every dip is a buying opportunity so plan your trades accordingly
Banknifty is way more bearish than nifty. It has again not sustained the gap up and came for selling from the first hour of the session. The market is unable to close above the 20 ema and has agian closed below the levels after a gap up. It lost around 600 points from day high, the second half of the market gave a 400 points downside move, closing 260 points...
NSE: JUBLFOOD is closing with a bullish consolidation candle supported with 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 moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on...
TTKPRESTIG | Flag breakout - Looks potential for 45-50% CMP : 788 SL : 740 Target : 1100
As we can see NIFTY had been sideways throughout the day despite opening strong and went back inside the pattern and remained sideways. Now we can expect NIFTY to finally break off from this pattern for a big move positionally which could be till a new high for NIFTY so plan your trades accordingly everyone