CYIENT: Bullish StructureNSE:CYIENT has a regression channel which can potentially be broken out as the momentum is pretty good.
Hopefully volume will pick up as well.
Trade: Buy above 936, SL: 920, T: 946/960/980
Parallel Channel
Reliance (weekly)Reliance (weekly)
Prices are at near support
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
1.3-year resistance horizontal line breakout at SUPREMEIND#SUPREMEIND (Supreme Industries Ltd.) has outperformed both the #Nifty and its sector peers over the last 123 trading sessions, and there is a 1.3-year resistance horizontal line #breakout on the weekly chart. #sharemarket #MultiBagger #relativestrength #stocks #StocksToBuy
BSE: 509930
NSE : SUPREMEIND
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.
2.5 Years parallel channel breakout at BRITANNIA#BRITANNIA (Britannia Industries Ltd) has outperformed both the #Nifty and its sector peers, and there is a 2.5-year parallel channel breakout on the weekly chart.
I compared BRITANNIA to the Nifty and its peers in the sector beginning October 18, 2021, and discovered that BRITANNIA outperforming both the Nifty and its peers in the sector.
BSE: 500825
NSE : BRITANNIA
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.
Titan has turned from supportTitan is a good stock and now available at a great price.
I was surprised not many ideas are published around this stock, so thought i will take the lead.
Hope the lines I drew are self explanatory.
Support level is for buying and resistance is for selling.
Jubilant Food is at a strong double support levelWe can be double sure that stock should turn from here.
One can wait for confirmation reversal candle or take little risk as the R&R is in our favor.
No one will stop eating pizza, so this stock is not going to crash from here.
SL is a key.
Take your own decision
DIVISLAB Down to FILL GAP ???!!! Chart Patterns insist me to go with the opinion titled above!!!
REASONS:
1. Divislab has been travelling in a MAJOR Expanding Triangular pattern .
2. It's been travelling in a Descending Channel pattern(downswing inside the major pattern).
3. Soon the Stock may take support @ the major support.(Green line shown in chart).
4. There is also a GAP (occured in Aug 2020) ....which too can act as Support!!!(thus gap can be filled.)
SL- Day candle closing above 3770
Target - 2900
Let's wait and watch whether its going to take Support or Break it!!!!
Note - Just sharing my view ....not a tip nor advice!!!!
Jubilant Food is at a good support level.One can wait for confirmation reversal candle or take little risk as the R&R is in our favor.
No one will stop eating pizza, so this stock is not going to crash from here.
SL is a key.
Take your own decision
Axis Bank on support and generated bullish harami candleThe results were good and after 951 stock has corrected to good level.
At support level and we have a confirmation of bullish harami candle.
Tomorrow once the high is taken out the stock has the potential to move up
Blue Star moving goodBlue star has indicator breakout of EMA.
All the EMA's 200,100,50 and 20 are aligned and the previous high is also taken out.
Exit 200 EMA
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
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
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
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.
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!
