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Due To Weak Quaterly Results It Was Underperforming And Trading Low On The Curve From 750 To 350 Since Last 9 Months. But Dec 2022 Results Were Superb Compatative To All Previous Quarters Of Last Year Hence It Rallied Almost 75% In A Week.
As Showed In The Chart There Was A Bearish Gap Level Oh 13th August 2023 At 621 - 638 Price, Where We Can Assusme That There...
Chart Patterns insist me to go with the opinion titled above!!!
REASONS:
1. Divislab has been travelling in a MAJOR Expanding Triangular pattern .
2. It's been travelling in a Descending Channel pattern(downswing inside the major pattern).
3. Soon the Stock may take support @ the major support.(Green line shown in chart).
4. There is also a GAP (occured...
There is gap in tata motors from 420 to 432 .
nifty 50 is bullish if the trend is uptrend if this gooing good then TATA MOTORS will also going good.
sometime nifty index and tata motors chart always going same
Yesterday Nifty has filled one Gap. Can we see all the Gaps filled?
Support 1 - 16,653
Support 2 - 16,339 (-3.55%)
Will the fall stop after filling these gaps?
MOTHERSON | Momentum looks good for a reversal - Consider holding for full target with little patience this year.
CMP : 126
SL : 110
Target : 180, 200
Almost 1:4 risk reward setup
Falcon Analytics Outlook Nifty 50 for the Expiry week ( May 30 – June 03 )
As Discussed in Last Weekly Analysis Nifty witness selling pressure @ major resistance @ 16387 on Monday, while the major support for the week @ 15560 was not breached.
Technically for this week on the daily charts we see major support on the downside for Nifty50 index lies at ...
Nifty 50
After formation of Triple Top pattern
Now seems come down to fill Gap
Look for Short Position 60-100 pts
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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On Intraday terms Nifty is Moderately Bullish for 02/03/2022. As there are multiple support levels for nifty to hold the downside, 16720 - 16660 will work as an area of support for the day while on the upside price might see resistance at 16920-16950 zone if that gets clear out than possibility of seeing 17050 is high on intraday basis. Also there is a possibility...
NIFTY 50
Chart Study
Support - 16900
Resistance - 17109
Time Frame of Chart - 1 hour
Conclusion - Gap filling red required. If 16900 support broken we can see nifty drag down to red area. 21 EMA trend showing correction phase. If 17109 broken upside on 1 hour chat or 15 min chart we can see upside move on nifty.
This chart is only for educational purpose. Do...
