#banknifty view for 31th Aug'21
All of a sudden everything looks rosy, all DMA & all indicators are in buy mode & higher time frame breakout!!!
PCR is 1.34 for bank nifty, still, it can go to 1.5 to 1.6.
Wave 5 ( 100% is 36,452 / 127.2 % is 36,749 / 138.2% is 36,869 / 150% is 36,998 / 168% is 37,127)
Reserved area can be ABCD pattern which comes around 36,749...
NIFTY next level target, hi friends welcome to tmw share today we will be posted next level of nifty levels because Nifty e is rally base rally should be continue next target will be 17520k
Chart Structure:
- Price came out of Darvas Box consolidation on 17th August.
- Consolidation was happening from May to August.
- After the Range breakout, the price took a little pullback.
Volume & Deliveries:
- During the consolidation phase, many days with positive volume activities were witnessed.
- Average Deliveries were 10.79 lac shares per day before...
HAPPIEST MINDS
Chart Structure:
- Stock is in a continuous uptrend.
- Stock took a breather of 13% after a 58% up-move.
- Currently stock is consolidating at a 10% range.
Volume:
- Stock trended up with huge volume activity.
- During consolidation around 40 lac shares were delivered from 23-29 July. All days delivery is above average.
- On 20th August, there...
Is stock in Uptrend? - Yes
Is it showing Demand? - Yes
Are there good volume delivered? - Yes
Is stock showing Relative Strength? - Yes
Did Company's Qtrly performance increased? - Yes
LINDE INDIA LTD.
Chart Structure:
- Price approaching All-time High.
- From Feb. to April '21 stock rallied about 100% and took a breather of around 20%
- Stock is consolidating for the last 4 months, forming a weak Reverse Head & Shoulder type of pattern.
Volume & Deliveries:
- Last 18 sessions witnessed huge volume activity in the stock.
- Total Traded...
