As we can see NIFTY had been falling unidirectionally and had been in downtrend since last few month now. Now NIFTY can be see trading at an important support or demand zone being a gap which is further backed up by positive RSI divergence hence if NIFTY opens weak to flat within the given range then we can expect a strong recovery in NIFTY in first half which if...
As we can see NIFTY despite showing strong up move after a strong opening, it failed to retain its strength and fell unidirectionally in the second half leading to getting back in range we made hence we might see more of negativity coming up in NIFTY as despite great achievement and strong technicals it failed the structure showing upcoming selling that might...
As we can see NIFTY remained sideways throughout the day despite BANKNIFTY rallying unidirectionally but NIFTY remained inside the range we mentioned but it looks like the consolidation is about to be broken anytime sooner as we can see NIFTY has formed more like an inverted head and shoulders pattern in smaller time frame hence any closing above todays high or...
Sakthi Pumps | channel Pattern | swing trade
Sakthi pumps forms a channel pattern and gives a nice breakout followed by little consolidation
and now stocks in back on track of bullish momentum
As we can see despite a strong opening NIFTY remained sideways to negative throughout the day as we analysed in the previous post. Now following the global cues we can expect a flat to negative opening for NIFTY and expected to remain negative throughout the day until NIFTY takes support at trendline or the demand zone mentioned in the chart so plan your trades...
As we can see NIFTY despite its whipsaw movement in the first half, it managed to close in a good green showing a string recovery from our demand zone as analysed in our previous post but it has not yet broken and sustained either of the levels to decide its further trend hence we can expect NIFTY ti remain sideways until it breaks either of the levels mentioned...
Sjs Enterprises is a fundamentally strong stock. Promoter increased the stake in Q1. Debtor days reduced from 80 to 68. Excellent OPM
Ace investor Ashish Kacholia has sold 0.6% of his stake which is 11.5Cr of shares in sjs on Aug 18, which leads to speculate whether the stock has exceeded overhyped valuations. Also Working capital increased to 233...
As we can see NIFTY has been falling unidirectionally since July and now it can be seen taking support at the gap created but the support has been tested previously hence any weak opening for NIFTY could be concerning as since the UPTREND shown by NIFTY had been unidirectional so could be the fall which could be panic driven while taking support at the gaps....
Zimlab Broke previous 52W high and now has come to restest it.
If market condition support and stock reverse, can reach till ATH.
For more confirmation, use 2hrs MACD crossover
Current market situation is not good, please analyse it and enter with proper risk management.
Exit point below suport line or channel breakdown.
As we can see NIFTY fell unidirectionally after showing a small up move in the first half as we analysed that unless NIFTY breaches 19500 level, it remains negative. Now we can see NIFTY has formed more like a head and shoulders pattern in smaller time frame and following the global cues we may expect a negative opening of NIFTY but if it opens flat and breaches...
As we can see similar to previous trading session NIFTY despite its weakness recovered and closed in green today but failed to close above our given level and hence NIFTY could be possibly testing the trendline for further fall till it breaches the level mentioned which is backed up by the trendline which has been followed by NIFTY for quite some time now so plan...
As we can see similar to NIFTY, BANKNIFTY can also be seen falling unidirectionally and had been in downtrend making proper lower lows and watching it in a bigger time frame we can see it has formed more like a head and shoulders pattern and now it can be seen trading in a demand zone and an important psychological level of 44200 which is also a neckline of the...
As we can see NIFTY has been falling unidirectionally since last month making new lower and had been in downtrend ever since but now it can be seen trading at important support which had been following since April. Now if NIFTY fails to reject at the trendline the we may see a rise of new trend and falling till 18800 seems very eminent so plan you trades accordingly
Short NTPC Below 213. If you see the price taking rejection near 214 level line as shown in the chart then can enter in trade with SL of 214 and target of 210.5(near 20 EMA on Daily TF). Reason for trade, RSI is week. Stock price has broken down the consolidation zone and trading at days low. Weekly candle is big inside candle with no signs of buyers from lower...
~Multiple Time Frame Analysis~
□ On 1W Time Frame.
• Rising wedge pattern Breakout Can be observed, Which indicates Stock is bullish in nature.
( Orange dotted line on the chart represents Resistance and support line From weekly Time Frame)
□On 1D Time Frame.
• Formation of Bullish Flag pattern can be observed, Which on Breakout will indicate Continuation of...
Voltas Ltd. engages in the provision of engineering solutions. After a consolidation of 6 months, it has given breakout of weekly and daily timeframe trendlines with good volume. It has tested it's nearest supply and formed indecision candles. On weekly timeframe the running candle is healthy and if tomorrow price sustain at same or higher levels, it will confirm...
AS we can see BANKNIFTY open-end flat but fell unidirectionally in the first half of over 400++ points but reversed exactly from our demand zone of 44300-44600 and reversed over 400++ points in closing hours showing the onboarding of bulls hence any closing above 45000 levels being a psychological level should show a strong up move so plan your trades accordingly
