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Energyindex

#CnxEnergy | Cup & Handle Breakout Alert!📊 CMP: 36,445 🎯 Pattern Targets: 39,050 (+8%) / 44,300+ (+22%) from neckline 🛡 Support: 35,746 / 34,830–34,775 🚧 Resistance: 36,543–36,939 / 37,843–38,137 / 45,022 (ATH) ❌ Invalidation: Below 33,481 (WCB) This classic Cup & Handle pattern hints at strong potential upside if key resistance levels are broken. 👀 Keep a close eye on neckline breakout & support levels for retest. #Energy #NiftyEnergy #CupnHandle #ChartPattern #IndexAnalysis 📌 Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
NSE:CNXENERGYLong
by Stocks_Mario
Analysis of Nifty Energy Weekly Chart by Heikin Ashi and Renko The energy index looks bullish on weekly charts as there are no signs of weakness. As the Heikin Ashi chart has been making green candles also the structure of the chart is good. The overall feel of the chart is good. On daily charts the price is on the bottom of parallel channel and on the same pivots. Renko is also making a green brick. The stock may face high volatility on lower time frames. But from these levels the downside is less.
NSE:CNXENERGY
by ssvirdi
NIFTY ENERGY INDEXNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:CNXENERGY
by SENSITRADE_T