NSE:KILITCH #KILITCH DRUGS CHART ANALYSIS 🧐 🔹TREND: Down Trend 🔹View: Breakout From the 200 EMA Test Range. 🔹Structure:- In a healthy up trend but currently Deep correction is in effect on very low volume which shows Selling is not that aggressive and also taking too long in a range. On this weekly Chart, it's at 50 EMA test. Shows a healthy up trend. ...
Multi-column breakout pattern is a 5-column major bullish resistance breakout pattern. It is a combination of triple top buy and diagonal triple top buy
The flag pattern is a popular chart pattern used in technical analysis. Traders can enter into a trade when the price breaks above or below the upper or lower flag trend lines. The main step is to look for a sharp price move followed by a consolidation period that forms a flag shape to trade for flag patterns
India Cem CMP 213 This stock hasn't made new highs after 2007. The coiling in RSI is telling me this stock is preparing for a major breakout. One can buy it here or on breakout the choice is yours,
New wedge pattern for SUNTV.Buy when a 5 min candle breakout upside line then we can buy above the candles high.Sell when a 5 min candle breakout downside(support )line then we can sell below the candle low.Good for INTRADAY & swing
Hatsun agro has given good volume bounce today from trendline. Above 1200, we can see this stock flying. However, this stock forms long wicks hence it is safe to wait for weekly closing above 1200 for a safe investments. Keep in radar. Agro stocks normally give big moves before monsoon arrives.
IGL CMP 473 the Oil and Gas sector has done exceptionally well but this stock has been a laggard. Technically this stock is now ready to breakout and make new highs. In my view it is a very good buy.
NIFTY PHARMA SECTOR IS consolidating in range in the upper price level. the index is also trading above all important moving average. index is awaiting big breakout. it spent lots of time in this range, so we can see long bullish momentum after the breakout. TORRENT PHARMA is forming Darvas box above 20/50/100 EMA. Wait for closing above 1460, It may move...
Nifty remained in sideways to negative trend throughout the session After recent rally, the index is showing lackluster trend As long as Index remains above imp support of 22800 it can show rebound towards next resistance level However in case of Bearish Pattern at higher levels, the index can come back to prev week range Keep Tracking Charts *For...
The NIFTY 50 index recently reached a record high of 23,100, marking a significant milestone. However, this peak is accompanied by concerning signals that suggest a potential downturn. Despite the achievement, the index is displaying weak momentum, evidenced by a bearish divergence in the Relative Strength Index (RSI) and the formation of bearish candle patterns...
29 May 2024 WORLD MARKETS 1. US is mixed and Europe is neutral to bearish and Asia is bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is at 24 indicating high option premiums and high volatility. 2. GIFT Nifty is indicating a flat opening. 3. Today Fin Nifty expiry was muted. We can expect the same for Bank Nifty and Nifty also. INDEX HEAVY WEIGHTS 1. HDFC BANK is...
Bank Nifty remained trend was sideways to negative in intraday today Market may show uncertainity & volatility in coming sesions also due to Domestic Elecetions results A Bearish candle is formed on daily chart within prev day's Range The imp upside hurdle is placed around 49500/600 whereas downside support is around 49000 zone Track for price to form Price...
Hello Everyone. The market was in a very tight range today. Market was in sideways and the support has to be broken to get trending moves. Let the resistance or support range break with 15-minute candle before going for any trades. Book profits every 30 points as we are getting very few trending moves. If the market opens flat then we can see continuation of...
Hello Everyone. The market was in a very tight range today. There is strong support and resistance zone which needs to be broken for trending moves. Let the resistance or support range break with 15-minute candle before going for any trades. Book profits every 30 points as we are getting very few trending moves. I suggest new traders to trade in nifty as it easy...
Bank Nifty hits a high at important level of 49671.30 as the chart shown. Momentum shorts triggered below 49356.30 level. After the top formed we got two good opportunities to short at that level both yesterday and today. Third opportunity was little below the level at 49327.75 at the afternoon candle of 12:45 seen on chart. Target was 49096.15 which was achieved...
Hello Everyone. The market was bearish but gave opposite moves to take SL few times today. Previous support has turned to resistance now and vise versa. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 50 points. Its expiry so trade if levels are broke an there are clear signals of any trade. If we try...
Coromandel int is all time high and near resistance and RSI (dwm) 70, 67 & 66
One can expect nifty to go up till 23500, till 22840 is broken in Nifty futures on 30 min timeframe up move holds