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Parallel Channel

Nifty Trend AnalysisNifty cheat sheet. I will use cheat sheet word because the lines are providing exact levels even on volatile days. The shares are not for a beginner, I believe only person with basic understanding of charts should refer my charts. The lines are hard to spot, with my experience I am able to spot them. You can refer your financial advisor based on my analysis and maximize your profits. My analysis says Nifty is now in bullish momemtum. Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions
NSE:NIFTYLong
by SurajChandak17
Nifty Trend AnalysisNifty cheat sheet. I will use cheat sheet word because the lines are providing exact levels even on volatile days. The shares are not for a beginner, I believe only person with basic understanding of charts should refer my charts. The lines are hard to spot, with my experience I am able to spot them. You can refer your financial advisor based on my analysis and maximize your profits. My analysis says Nifty is now in bullish momemtum. Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions
NSE:NIFTYLong
by SurajChandak17
BEPL is at support levelThe market works in cycle. Once around support level it will reach the resistance which counts as a cycle. Right now we are at a start of a cycle. BEPL is a sound stock which makes it even better choice. The lines are self explanatory. Please provide your comments if you see any scope of improvement. I feel like my charts are best. Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions
NSE:BEPLLong
by SurajChandak17
SBI Life is at supportSBI life can drop upto the last resistance line. The insurance sector has taken a hit today due to budget. The tax rates are revised. Never the less, we know insurance is a growing sector and every year percentage of insurance issued are increasing and people are becoming more aware. All the costs will go up and eventually one can only afford it via insurance. E.g. Developed country the cost of opearation is so high that one cannot afford it without a insurance. Long term this is a good opportunity to collect the stock. Do provide your comments and rate my charts. I feel there are professional level. I like to keep it simple, because success lies in simplicity.
NSE:SBILIFELong
by SurajChandak17
Nifty and Banknifty for Tuesday (31-01-2023)NSE:NIFTY Nifty has been in a free fall from last 3 days but it has paused and signeled some signs of reversal after a volatile range bound session. It has a good support of 17420 and at the same level 2 more confluences are present. 1. bear channel support line ( marked in green colour) 2.Daily TF Support trendline support. for nifty to move more down it need to break and sustain below the 17420. longs are above 17710. Banknifty levels I Hope you found this helpful. Please like and comment. Keep Learning, Happy Trading!
NSE:NIFTY
by SANJAYPATIDAR_
Larsen & toubro Cmp 2160 dated 27-1-2023 Parallel channel BDLarsen & toubro Cmp 2160 dated 27-1-2023 1. Parallel Channel breakdown @ 2130 Sell below 2130 for target 2095-2070-2040-1985 SL 2205 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, please trade at your own risk.
NSE:LTShort
by SHEETAL_UDESHI
1
PVR could bring you Pathaani Return Technical:- It has forming Cup and Handle kind of structure on daily chart while taking support on the Parallel chart trend of weekly which seems much strong enough to give it bounce to touch the upper line. Target would 1900/2300/3000+ Time frame: 1 month / 3 months / 1 year Fundamental : PVR-INOX merger got approved recently. People has given better response to movies including Regional/Hindi/English. Negative : Financial of the stocks might be an issue which should improved with couple of Blockbuster movies .
PLong
by PriceWorksIndeed
NIFTY Ready for a Down Swing move ??!!!Chart pattern insist me the above titled opinion REASONS 1. NIFTY has been trading inside a Descending channel pattern creating lower highs and lower lows 2. Right now, it is at the resistance level(top of descending channel) 3. Day close above 18260 will pave way for the bulls 4. Safe SL can be Day candle closing out of the Descending channel 5. Target levels mentioned @ chart 6. In hourly time frame , Head & Shoulders pattern is evolving(right shoulder in formation) 7. Better to enter after the H&S BREAKDOWN!!!( BELOW THE BLUE TREND LINE)(ATTACHED BELOW) 8. In addition to the above stated , BEARISH HARAMI(JAN 18 AND 19 DAY CANDLES COMBINED ) adds more to the PROBABLITY OF DOWBN MOVE!!!!! Bank Nifty too travelling in a similar descending pattern (shown below) Let's wait & watch how it moves!!!!
NSE:NIFTYShort
by mmjimm
2
Axie Infinity Token Unlock (January 2023)The chart highlights the price performance of Axie Infinity (AXS) in the past couple of days amid the token unlocking. It could be clearly noticed that before the token unlocking actually took place, there was positive sentiment for the AXS token. However, after the unlocking, there has been significant selling pressure which brought the price level down from its current year ATH of approximately $14.00 to the current recorded price of $11.20. This might indicate that Axie Infinity is currently facing the second and unwanted case of token unlocking explained earlier. This means there is less demand for the token as compared to its circulating supply in the market.
COINBASE:AXSUSDShort
by TradeDog-Research
1
6 month horizontal resistance line breakout at BECTORFOOD#BECTORFOOD (Mrs Bectors Food Specialties Ltd) has outperformed both the #Nifty and its sector peers over the last 123 trading sessions, and there is a 6 month horizontal resistance line #breakout on the daily chart. ONLY FOR #educational NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF) #nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
NSE:BECTORFOODLong
by Usemerr
MCX Natural Gas – Elliott Wave projectionNatural gas has completed the impulsive cycle at 801 and started collapsing to form the corrective process. In this corrective cycle, the price has accomplished the corrective wave B and started constructing wave C of normal zigzag correction. There are two reversal points for natural gas: 1) Wave C can occur near wave (4) 2) wave C can accomplish its corrective cycle at 219.8 where wave A=C. If the price sustains below the lower band of the channel, traders can expect the following targets: 288 – 275 – 267 . According to Elliott waves, correction can occur near wave (4) of the previous cycle. I already mentioned expected reversal points.
MCX:NATURALGAS1!
by forextidings
1
Can We See A Bearish Trend In ASIANPAINTS?Hello traders, It is a quick update about Asian paints. Security has made a downward channel. After the rectangle breakout, it made another rectangle pattern. The 3033 level is an essential support level to keep an eye on. A breakout will intensify the bearish atmosphere. We can expect a new low based on the price action of the second rectangle pattern If support is breached. Bulls can't enter without a clear breakout of the downward channel. You will be notified when it reaches my level. @Money_Dictators
NSE:ASIANPAINT
by Money_Dictators