Positional View : - Upward Channel Pattern - Moving Average Support - Volume Surge - One month of good consolidated & Breakout Entry - Current Level. Target - Rs 450 , Rs 550 and Rs 640 (ATH) Stop Loss - Rs 370 Thanks
Price has made extreme high, and impulse moves have started a correction. According to Elliott wave price confirmation, Safe traders can enter when the price breaks wave B at 40160 . Sub-wave C of wave 4 is about to complete. If price breaks wave B, It has the potential to make a new high. At present, the price has neither made higher-lows nor sub-waves of...
price above 20 ema closed above upper Bollinger band Macd buy signal RSI > 60 ADX is rasing other insurance companies also in rally
Channel pattern breakout and retest done. Can give 5-7% returns
Nifty retracted on the control line of the parallel channel C. If nifty gives channel breakup, we can get our price targets. Or price will be remaining in the channel. Click here to check the main idea:
I have uploaded the Nifty Elliott wave study, and it has reached the first target of 18164. The trader can trade pullbacks on the nifty. As per the rule of the channel, Parallel channel B can provide support to the price. After the pullback, If the price is not giving any reversal signal, it's better to stay beside the market. If the price tries to fill...
Nifty was heaving correction in previous weeks. Now, It looks like it has completed corrective structure and marching upward. If you are following my daily outlooks, you can understand these charts easily. If the price is about to change the direction, It will make an initiative then confirm it. Nifty will confirm its bull trend by breaking wave B at 18350. In...
This week nifty may break 18350, and this level will increase high buying pressure. The above chart shows that nifty seems price is forming a leading diagonal. Moreover, wave 5 is the ending point of the leading diagonal. And completion of wave 'i' the wave 'ii' will take place. The wave 'ii' is corrective. So the day traders can initiate buy position there....
This scrip is looking bullish, bounced back from the 21EMA as well as from the channel resistance. I expect this scrip to remain bullish in coming months as it had been consolidating for past 2 months, then gave a good breakout and now it had retested and bounced back from it. Swing traders may consider this scrip to long as market sentiment is also turning...
Inverted Flag & Pole,short opurtunity if it breaks down, next buy level is 600-615
From few weeks JSL’s movement is following a rising channel. I believe it will continue for few days and show drastic change whenever it will… Keep an eye on it for quite a few days and gain maximum profit when it indicates change. NSE:JSL
ICICI PRUDENTIAL Breakout. Bears are trapped in Descending Channel (parallel dashed lines downward), highlighted in yellow. High Volume on daily chart. RSI is above 60. Strong Bullish candle. #nifty #Banknifty #Icici
in 1D TF , it has already given a trend line breakout and wait for the channel to break and take entry .
Channel breakout in Quess Corp Limited. Also bullish MACD crossover today
LOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success. (Do talk to your financial advisor before making any investment decisions) please like, share and comment if you have any suggestion regarding this analysis
Nifty Just following the 2-3-5 Rule. Those who have been following me will know that this is what we had predicted on November 01, 2021. For first time readers, one can refer to our update provided on November 01, 2021 where we had suggested a possibility of Nifty rising up to Channel top around November 09, 2021, highlighted with a red arrow mark, when it...
We are looking at daily charts of Asian Paints - Since 24 Sept 2021, we observe the stock is making lower top lower bottom - trading in a yellow channel - currently near channel top Given the set up one may consider to sell Asian Paints 3200 Call option around 40 ROI potential of 8% on Margin requirement till 25 Nov expiry Inbuilt loss protection for a...