Parallelchannels
Nifty this is itNSE: NIFTY
Time Frame :- 1 Day
Patterns Name :- Elliott Wave
Conclusion :-
A Channel which is completed now shows up a Bullish signal after the Downtrend which most probably shows up a Uptrend .
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Have a Nice Day to you all
HDFC Bank :- Found Rarest and One of the most powerful candle NSE: HDFCBANK
Time Frame :- 1 Day
Patterns Name :- Parallel Channel
Conclusion :-
A Big Red Marubozu candle taking up resistance at the top of a parallel channel which most probably shows up a down trend as the "Relative Srength Index (RSI)"
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Indusind Bank What to do next ?NSE: INDUSINDBK
Time Frame :- 1 Day
Patterns Name :- Parallel Channel
Conclusion :-
A Big Red Marubozu candle taking up resistance at the top of a parallel channel which most probably shows up a down trend as this is a weak share too show here are two breakout which show the one scenario that could be done and here we have told about the marubozu candle who dont know
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PNB will you grab it or not NSE: PNB
If Breaks Then The Upper Targets could be Taken at 35 and 37 and for Down the Targets could be 25 to 24
Time Frame :- 1 Day
Patterns Name :- Cup and Handle
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Powergrid see the hidden detailNSE: POWERGRID
If Breaks Then The Targets could be Taken at 160.85
Time Frame :- 1 Day
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M_M It is the storm coming towards the MarketNSE: APOLLOHOSP
If Breaks Then The Targets could be Taken at 4408
Time Frame :- 1 Day
Patterns Name :- Parallel Channel
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New channel found on " Nifty "NSE: NIFTY
If Breaks Then The Targets could be Taken at 15767
Time Frame :- 1 Hour
Patterns Name :- Parallel Channels
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Big Fall in CrudeOilThe markets are falling down because of increased fear of recession. Recession affects everything, be it stocks or commodities like CRUDEOIL, NATURALGAS, SILVER, GOLD etc.
Energy sector fell drastically yesterday. Crude Oil fell about 11% whereas Natural Gas fell about 6%.
Crude Oil has a strong supply zone around 9300 according to the monthly timeframe from where it fell down.
In last month it tried to break the supply zone but it failed. It is clearly visible on weekly timeframe that it couldn't break the supply zone.
On the Daily timeframe we can see the formation of Head and Shoulder pattern from which it has broken down the neckline yesterday. Right shoulder was made from the strong resistance at 8850 from where it got rejected twice.
It is also forming a downward moving channel.
On 4 hour timeframe it has broken down the support with good amount of volume.
Today it is moving in lower part of the channel and I think the closing of the candle will be below 8100.
The MACD and RSI have turned bearish on multiple time frames. If the price of USOIL sustains below $100, we can see further down move in the coming weeks or months.
Disclaimer: This post is meant for learning purposes only. Invest your capital at your own risk.
Nifty Everything is clear to you NSE: NIFTY
If Breaks Then The Targets could be Taken at 687
Time Frame :- 1 Day
Patterns Name :- Elliott wave
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Target 2 achieved in ITC | 8.65% mover This idea is a follow-up to ITC
You can check the Link to Related Ideas
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
Reliance Parallel Channel Strong Confluence Circle I daily make market analysis videos and posts on Financial markets
SR means Support and Resistance
PC means Parallel Channel
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
HDFC Life this is too much NSE: HDFCLIFE
If Breaks Then The Targets could be Taken at 590.40
Time Frame :- 1 Hour
Patterns Name :- Parallel Channels
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Chalet Hotels this is good or not ?NSE: CHALET
If Breaks Then The Targets could be Taken at 360.10
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
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Based on Your Own Risk this is only to Show you the Current Pattern
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Nifty Weekly Outlook for the Expiry Week ( Jun27th - July01 )Falcon Analytics Outlook Nifty 50 for the Expiry week ( Jun 27 – July 01 )
Last Weekly Nifty witness resistance @ 15722 , while the pivot @ 15454 was held almost throughout the week.
Technically for this week on the daily charts minor support on the downside for Nifty50 index lies at 15546 levels,
whereas minor resistance on the upside is capped around 16104 levels.
If Nifty50 index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major supports on lower side around 15333/15201 and and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16314/16447 .
Currently Nifty50 index is trading Below Red Line 200 day EMA @ 16609 suggests long term trend is Bearish .
Range for the week is seen from 15387 on downside and 16104 on upside.
Weekly Chart Suggest closing below 15454 Downward Momentum can be fast.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 16317
RESISTANCE 3: 16104
RESISTANCE 2: 15891
RESISTANCE 1: 15759
WEEKLY PIVOT LEVELS: 15546
SUPPORT 1: 15333
SUPPORT 2: 15201
SUPPORT 3: 14988
SUPPORT 4: 14775
All above views for education purpose only.
Regards,
MD .
Nifty Spot Weekly Outlook for Jun20 -Jun 24thFalcon Analytics Outlook Nifty 50 for the Expiry week ( Jun 20 – June 24 )
Last Weekly Nifty witness selling pressure below 16057 , while the pivot for the week @ 16327 was not breached on upside.
Technically for this week on the daily charts we see minor support on the downside for Nifty50 index lies at 15185 levels,
whereas minor resistance on the upside is capped around 15722 levels.
If Nifty50 index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major supports on lower side around 15019/14751 and and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 15888/16157 .
Currently Nifty50 index is trading Below Red Line 200 day EMA @ 16673 suggests long term trend is Bearish .
Range for the week is seen from 14751 on downside and 15888 on upside.
Weekly Chart Suggest closing below 15100 Downward Momentum can be fast.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 16425
RESISTANCE 3: 16157
RESISTANCE 2: 15888
RESISTANCE 1: 15722
WEEKLY PIVOT LEVELS: 15454
SUPPORT 1: 15185
SUPPORT 2: 15019
SUPPORT 3: 14751
SUPPORT 4: 14482
All above views for education purpose only.
Regards,
MD .