JKIL has given a breakout out from the channel pattern.
Banknifty Elliott wave count as shown in charts from wave 1 to 5. Currently we are in complex wxyxz correction. The final Z wave should be in progress which should break previous low. The new low is expected to be between 31400 to 30000 The drop from X wave can be looked as Zig zag correction on downside with current wave B in progress and will start C wave...
NSE:TATACHEM #NSE:TATACHEM formed beautiful cup&Handle pattern. Ping me for levels. Happy LEarning !!
DEEPAK NITRITE has been trading in Descending channel for the last few months. However, it is forming a Flag and Pole pattern as per weekly/Monthly charts. The stock has been trading near the channel highs and resistance levels, if it breaks out from these levels, it's likely to reach 3000 levels again. Cheers! This is as per my Analysis. Feel free to share your...
CRISIL has given a breakout from the channel pattern. Keep it under the radar.
SIS Ltd is forming a channel pattern. Traders add it to the watchlist.
Gail India has completed its 4th corrective wave, where wave C is the last leg of correction. Price took 27 weeks to complete the corrective wave ((4)). After completing the wave ((4)), the price has broken the sub-wave iv and signaled a rally. It also has entered into the corrective channel, and this rally can make a new higher high . The traders can...
Resistance 2871.4 Second Resistance 2949.2 Third Resistance 3003.4 First Support 2739.5 Second Support 2685.3 Third Support 2607.5
If bulls break the control line, we can expect the following target 17356-17472-17521. But The rejection from the control line will drive the price to 17150 - 17012- 16900. Nifty has completed Impulsive wave C of wave(c) of wave ((Y)) and started marching upward. In this initiative, we can see a sharp move with three gaps . A gap down on Monday indicates ...
Nifty is forming a bearish engulfing pattern on the daily time frame chart, and the price also declined from the control line of the parallel channel. If the price sustains below the previous trading session, we can see a bearish move for the following targets: 17008 - 16867 - 16760. Previous chart: Selling Targets: TP 1: done TP 2: done
Nifty has been forming a downtrend channel for 140 days . After creating excess on the descending channel, the price has surged sharply. Price surge stopped between the range of 17110 – 17144 . It connotes that nifty can give a big move after the breakout of the parallel channel. If the Nifty breaches the upper band, we can expect 17365 – 17562 – 1760 . The...
Shanti Gears (D) Buy above 240 Targets:- 250/260/270+ SL:-208 Breakout with Massive Volumes Consult your financial advisor before taking any investment decision.
NSE:JSWSTEEL #NSE:JSWSTEEL formed parallel channel and ready to BO Ping me personally for levels, *Only for practice. Happy LEarning !!
Nifty may give BO on daily chart Level to watch 17084 for getting in positive zone Strom ther we can expect the level of 17200 in tomorrow
Breakout zone crossed after 4 year Buy zone: 70 - 80 Price movement above 80 - which is a strong resistant zone - with good volume can trigger a fresh movement till 108. Initial probable target of 108 Note: Define your stop loss always | Not buy or sell recommendation
30% move up captured from channel pattern analysis done on 4 march keep minting money. happy trading
Indian Hotels breaking out after 24 weeks consolidation. Need to watch how the breakout above 227 sustains in the near term. Price zone between 236 and 227 is important. This channel can act as short term consolidation area. Movement above 236 can add further momentum. Short term target of 288. Long term (12 months) probable target: 330. Note: Not an advise...
Nifty Bank fut. perfectly adhering to the descending channel. Long in the tooth, can we anticipate a reversal? Blue line is VWAP, price comfortably above it shows bullish momentum. Touches to the channel lines marked as well, its a validated working channel.