👉 Stock 1- #PVR
👉 Sector - MEDIA
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has strongly fallen nearly from 1840 level as per hourly timeframe which is its ALL TIME HIGH Level and now it is trying to reverse or retrace from it
Yesterday on its way to downtrend it got strong rejections from important Level of 1810 and continued the...
NIFTY couldn’t perform as we expected which shows at confusion state now , also we can identify more like a rising channel which shows bullishness, we saw NIFTY being in range in last few trading hours and hence on the break of that very range we can see substantial move either side! The level to watch 18070 and lower support being 17990 on break of which one can...
Nifty saw a fairly good downside movement in the last week of November. Inspite of many Quarterly results coming out in October, it didn't help much. The recovery is November is fairly sluggish. The market prediction appears moderately bullish to neutral until this expiry.
>Chances that Market will Retest 18000 level then grow up to 18200 level else if market gap open and touches 18200 level then will come down upto 18000 levels.
>Immediate Support is 18000
>Immediate Resistance is 18200
>Support will Become Resistance and Resistance will become Support once the level Breaks.
*Always Enter With good confirmation & Maintain...
Hi All,
Let us discuss another chart today. MCX is a dominant company in the segment it operates and is hence a strong stock.
The chart/technical aspect also depicts strength to me.
The stock crossed it's ATH for the first time in July 2020. Tried to sustain above it but could not hold the level for long. But the good thing to notice here is that it did not...
Bitcoin just retested its all time high range and recorded an inverted hammer in the supply zone (Weekly). Clear distribution is seen in lower timeframes like 4 hours and 1 hour; many patterns are identified. If these patterns were identified without the weekly inverted hammer, then we can consider long. But in this case, its clear indication of distribution.
The...
Ideal is self explanatory
Stock seems to be in strong grip of bulls as breakout level tested with low volumes
Head & Shoulder, LongTerm trend-line & seemingly ascending triangle breakout
A good level to buy CMP 184; SL 159 closing basis; H&S target 280
Lastly near RSI trend line support
Disclaimer: This analysis is for educational purpose only. This is...
EXPLANATION : This is a 15 min time frame chart of ICICIBANK . The stock has been in a consolidate for day both side potential in ICICIBANK , If break any side trade with confirmations . Enter as per your setup .
If you like the analysis give a Like // Follow for more updates , let me know in comments below :
IGL has reduced in price by almost 23% from it's previous swing high and now is a great opportunity to buy as the stock is on weekly as well as daily trend line support enter around the price of 466 for Target 1 - 517 and Target 2 - 573.
I would recommend reducing position at half at T1 as it is a good resistance and price can fall again from there, if price...
EXPLANATION : This is a 15 min time frame chart of NIFTY . It has been in a consolidate for days and has formed Inverted head and shoulder pattern. If give a strong breakout and broke its supply zone with volumes and has retested the same , I am bullish on NIFTY . If taken resistance from supply zone I am bearish on NIFTY . Enter as per your setup .
If you like...
risk: Reward ratio is 1: 2
Rest as per Charts
********
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
we did see a range bound market after a trending day as expected and now it has formed more like a flag-pole pattern wherein the levels to watch are 40600 which acted as a major resistance on Friday and main SUPPORT being 40000 which is both a psychological level and important SUPPORT
We can expect volatile to sideways market unless the levels are broken either...
EXPLANATION : This is a 2 hour time frame chart of TATAMOTORS . The stock has been in a consolidate for days and has formed symmetrical triangle pattern . If give a strong breakdown and broke its trendline with volumes and has retested the same , I am bearish on this stock . If give a strong breakout and broke its trendline with volumes and has retested the same....
EXPLANATION : This is a Daily time frame chart of UPL . The stock has been in a downtrend for days and has formed double top pattern . If give a strong breakdown and broke its demand zone with volumes and has retested the same. I am bearish on this stock for the coming days . If taken support from demand zone we buy at the bottom and sell at the top , I am bullish...
EXPLANATION : This is a 15 min time chart of BANKNIFTY . It has been in a consolidate for day's and gave a strong breakout , If BANKNIFTY Retest the Demand zone and taking support I am bullish on BANKNIFTY . If give a strong breakdown and broke its Demand zone with high volumes and retest the same , I am bearish on BANKNIFTY .
If you like the analysis give a...
NSE:GRANULES
Entry 360 or Below
Target 415 + then after some resistance can make new ATH
SL 299
Time: 4-6 Weeks for the first target
Granules India is trading at demand zone for the 1 Hr. Last time when the script was at that price shown good demand and response in price . Now script looks good and can reach up to 415 in short term. In the worst case, if...
![LT: [POSITIONAL] LT LONG BET](https://s3.tradingview.com/t/TIPYKSeZ_mid.png "[POSITIONAL] LT LONG BET")
