GAIL getting resistance at 100-102 level 14 years resistance now acting as support, may get new high level look at chart as detail pointed level. same condition on monthly charts also following. world moving towards gas so India also taking same action for meeting carbon free environment. this may portfolio stock don't consider as recommendation for buy or...
After 4 weeks in green market has given a halt candle near the high forming a red doji candle. Even on the daily charts, market has formed a doji, on the lower side of the range in which it was trading. The monthly expiry was a good one and the trend remain on the sell side whole day. Nifty is trading around 20 ema (daily) and if it breaches the levels it can...
In the Weekly Chart of FAIRCHEMOR , we can see that; it might form a Cup & Handle Pattern. Enter on breaking of Hammer Candle's HIGH with LOW as SL. Expected momentum is shown in chart.
In the Weekly Chart of HGS , we can see that; it might form a Double Botom Pattern. Enter on breaking of Hammer Candle's HIGH with LOW as SL. Expected momentum is shown in chart.
In the Weekly Chart of LICI , we can see that; since it IPO Launch it is under selling pressure. Now we can see shift in the momentum. It is holding strong at FIBO Level of 0.23. Enter at 640 with SL as 620. Invest in LICI for Longer term.
As per price action analysis, for educational purpose, my view on JBM AUTO has high probility to go up 15% or more within 10 days. You must study the fundamentals and other technical aspects. Only for your eduactional purpose.
Nifty index has provided break out and retesting on 100 EMA line in 5m candles. We are expecting a retest on 100 EMA line if it stays above 100 EMA line in trading session tomorrow. 1st Target - 19670.00 2nd Target - 19699.00 Happy Trading. Cheers :)
As we can see BANKNIFTY showed a strong rejection from the trend line and fell unidirectionally over 1000++ points in couple of days. Now it can be seen taking support at the trend line hence if we see BANKNIFTY opens above 45500 we can expect a strong recovery in the first half but if it breaks last trading days low we may see a bloodbath coming up so plan your...
In the Weekly Chart of ELIN , we can see that; Hammer Candle is formed. Also we might see a Cup & Handle Pattern and its breakout too. Enter at 152 with SL as 144.
In the Weekly Chart of SHEMAROO , we can see that; it has given multiple rejections at 180 level. Hammer Candle is formed and we might a shift in momentum from next week. Enter at 144 with SL as 133.
In the Weekly Chart of TV18BRDCST , we can see that; it has given Trendline breakout and retested it by creating a Hammer candle on it. Enter on breaking its Hammer candle's HIGH with LOW as SL. Hold till 56-60.
As per Candle Pattern Nifty50 Form Bearish Harami Candle Pattern.
Dear All, Just as we had stated yesterday, about our expectation of witnessing a selling pressure . Likewise the same was observed in the Market yesterday itself. Moreover, yesterday Nifty made a low of 19603, which was somehow very near to our stated support level of 19550 (with a difference of only 50 points approx). Furthermore, since today is...
For the last 6 trading day banknifty has been trading inside a range and today it has formed a bearish engulfing candle. Banknifty is taking support from 45600 levels and has been tested many times. If the levels is breached and market starts trading below the levels, there are high chances of market testing 45200 levels. On the hourly charts, not a single green...
A bearish engulfing candle on the daily time frame is showing some negative mood in the market but it is taking support from 19630 levels. Not a single green candle is formed on the hourly charts and market fell around 200+ points from the day high, closing 120 points lower or 0.6%. On the hourly charts, market is trading around the 20 ema and has again closed...
Granules Cmp 309 dated 14-7-2023 1. Inside Candle 2. Making Higher Lows 3. RSI Divergence Buy above 313 target 320-335-345-365 SL 300 It is just a view, please trade at your own risk.
TECHNICAL ANALYSIS : THREE DRIVES HARMONIC PATTERN - Nifty has formed a strong descending harmonic pattern (Three Drives) which clearly indicates reversal happening very soon DOJI PATTERN - Nifty has also formed a nice doji pattern which indicates a reversal of the ongoing trend HAMMER PATTERN - Also a hammer pattern is formed which again...
Dear All, Just as we had stated yesterday about witnessing a bounce back in Nifty. Likewise the same was observed in the Market, yesterday itself. So as per the current scenario, Nifty somehow seems to be creating a platform in between the levels of 19800-19550. Therefore, in such a situation we have to be stock specific and have to keep...