NSE:NIFTY Educational purpose only
NSE:NIFTY HEAD AND SHOULDER pattern has been formed in 5 min frame BUY: If sustain at 14724.50 SELL: If sustain at 14638.00 TARGET'S ARE DRAWN IN THE CHART ITSELF
Following Trend Line Respectfully .. Wait for Breakout Still RSI Is not that much Weak ..... Coping Between Bulls And Bears
On one side, the Double top indicates the chart to be Bearish. But on the other side, a rounding arc with good support and increase in volume leads this chart on the Bullish side. So I am on the neutral side. If it breaks resistance with good volume then go for a short term to long term investment. But if it falls below the resistance, then wait for some dips to...
Tread line break on a day time frame if bounce back took after taking taste at 2547.2 be long otherwise short it
Hi guys, Today's expiry session was very much volatile but one would have managed this volatility if he would have known where are the major supports of trendline in short time frames. Although today the expiry happened on the major support of Trendline A & B. Both the trendline played as a major support in Nifty. However, If you zoom in it just expired exactly on...
Nifty - Yesterday, on the Technical Analysis front, we highlighted Bullish Harami Candlestick pattern suggesting up movement - F&O Data analysis confirming stronger hands on buy side (FIIs buying Index Futures & Proprietary traders selling Put Options) - After opening & trading in red, Nifty immediately jumped in to positive territory and managed to close 135...
Since March 24, 2020 Nifty had begun its D wave of a NEUTRAL TRIANGLE (a special type of NeoWave pattern). This D wave has formed a Bow-Tie Diametric pattern. All calculations are marked in the chart. As G wave of a diametric pattern tends to equal A wave, the possible culmination of this wave is very near at 13100 levels and E wave of the NEUTRAL...
The triangle is no trading zone and wait for breakout or breakdown of the pattern. Don't be impatient.
NSE:COFORGE REFER CHART
NSE:HCLTECH ON DAILY CHART,FORMED A FLAG PATTERN PRICE IS GOING DOWN ON DECLINING VOLUME.BEARISH CANDLES HAVE SOME VOLUMES THAN BULLISH CANDLES PRICE IS ALSO CURRENTLY TAKING SUPPORT ON TREND LINE NOT CLEAR WHETHER PRICE WILL MOVE HIGHER OR NOT COZ OF VOLUME ACTIVITY INSITE FLAG PATTERN IF INCASE PRICE BREAKS 872.5 ON EXPANDING VOLUME ,THEN BULLISH...
LT is now at range , wait for the breakout and breakdown and then place your trade Targets are mentioned through arrow DONT forget to check out the related ideas LIKE & FOLLOW & COMMENT
I had given an outbreak call on ITC based on a condition. Condition being, if it breaks above 175, we could see a big move. Just look at the charts. It reversed exactly from the resistance. Now, it has moved swiftly towards the support. There can be two trades here. 1. If ITC pierces through the support, it is a short below 166. Short at 166. Target at 157....
Neutral view from Charts but RSI is giving some signal Comment your views
Expecting Bank-nifty to be in 20800-22000, for next few days, lets wait for further confirmation from sellers or buyers (Accumulation/Distribution) at present zone.
We can clearly see that this will be 6th time when HDFC Ltd will test its support of 1729. This will be a neck or break level for HDFC, take positions very carefully.
STOCK IS AT ALL TIME HIGH, IF MANAGES TO CLOSE ABOVE 860 ON MONDAY ON 15 MIN THEN IT CAN FLY HIGH LIKE A ROCKET, TARGETS WILL BE 872 AND 887 RESPECTIVELY IN SHORT TERM(2-3 DAYS) BUT CHANCES ARE LOW, IF IT FAILS TO BREAK IT CAN AGAIN TEST 830 LEVELS SOONER FOR ATH STOCKS I USED FIBS EXTENSION FOR PLOTTING TARGETS, BEST TOOL OUT THERE
Voltas is forming a triangular pattern in 1 1 hour time frame and taking support on daily time frame parallel channels. . I'm expecting a break out in near time. Keep an eye on this stock expect a good rally whatever side it breaks. . Planning to trade for Intraday or max 2-3 days in holding. . Stop loss must be below the immediate swing or support level.