Honeywell Automation I analyze the chart of Honeywell Automation - price, volume, trendlines, other technical data points across daily and weekly timeframe.
Parallel Channel
Nifty multitime frame analysis Nifty at crucial level at the time and the formation is double top at all time high if nifty breakouts the high then we will see new bulls trend either breakdown the double top neckline the we will see a 15-20% retraces
Wait and see
ACWISince 2009 MSCI All country World index is in parallel channel. 77-72 is imp range to have bounce
Mighty Nifty - June 9Pattern : Channel
Range : Small
Buy Above : 18660
Stop Loss : 18620
Targets : 18690, 18720
Sell below : 18580
Stop Loss : 18610
Targets : 18550, 18520
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
BHARTIARTL under a channel pattern NSE:BHARTIARTL
Looks good for short and long
Markets are in down trend recently.
Huge resistance around 800-803.
If it breaks we can go for 830 if reversal happens then 780 target.
Under rador
CNXMNCIt has broken parallel channel after 1.6 yr on weekly chart. let's see if we are going to have bear trap or the bearish fall. We yet don't have the follow through selling
SKFIndiaSKFIndia has been falling in parallel channel after making top
closing above 4250 is a breakout from channel. look for smooth 200-500 point move
SAREGAMASAREGAMA is into parallel channel after making top in Jan 2022 on daily timeframe.
until it doesn't breakout on either side consider it to move into same channel for a while
INTLCONV - Parallel channel break outINTLCONV looks good for swing trading. It gave the break out in 1D time frame.
Aarti Industries, Neutral to Bullish Aarti Industries is below 200EMA and its 10EMA has crossed above 21EMA showing short term strength
and momentum in the stock. Has been trending downward in the channel since Sept 2022 and is closer to
break short term and long term trendline as well. If that happens, we can look forward to rally upto 650 as
first target. Levels marked on the chart, for educational purpose only, and not any trading recommendation.
Concor showing signs of bottoming downConcor has given sharp fall from 52 week high of around 828 . Currently stock is in a channel and RSI is showing a positive divergence clearly.
Risk reward ratio at 575-580 levels is very high since there is a strong support at 550-555. Above 610, 660 is the next strong resistance level.
Keep in radar and trade with your own analysis. This idea is shared for educational purpose only.
PRESTIGE - Weekly breakoutPRESTIGE giving break out in the weekly time frame. Wait for the week to end
SUNPHARMA - Channel pattern break outSUNPHARMA broken the upper trendline in the channel pattern. Looks good for short term move.
CNXPHARMA also break the trend line. Hopefully we can expect some good move in all PHARMA stocks
Bank Nifty - June 2Buy above 43860 with the stop loss of 43780 for the targets 43940, 44020, 44140 and 44220. Sell below 43680 with the stop loss of 43760 for the targets 43600, 43520 and 43400. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
DEEPAK NITRATE BRAKEOUTBUY above high of brakeout candle with minimum 1:2 take profit nice brakeout of channel pattern
Bank Nifty - June 1Buy above 44220 with the stop loss of 44140 for the targets 44300, 44380, 44460 and 44520. Sell below 44960 with the stop loss of 44040 for the targets 43880, 43800, 44720 and 44640. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. Expected expiry day range is 43760 to 44420.
