Parallelchannels
Tata Elxsi is this a sell opportunity If Breaks Then The Targets can be Taken at 7497.
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
Symbol Name :- Tata Elxsi
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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LG Bros is it a opportunityIf Breaks Then The Targets can be Taken at 630 .
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
Symbol Name :- LG BROS
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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Nifty Spot Weekly Outlook 06th June to 10th JuneFalcon Analytics Outlook Nifty 50 for the Expiry week ( Jun 06 – June 10 )
Last Weekly Nifty witness selling pressure @ 200day EMA @ 16746 on friday, while the pivot for the week @ 16223 was not breached.
Technically for this week on the daily charts we see minor support on the downside for Nifty50 index lies at 16358 levels,
whereas minor resistance on the upside is capped around 16824 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 support on lower side around 16250/16114 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 16960/17095 .
Currently Nifty50 index is trading Below Red Line 200 day EMA @ 16746 suggests long term trend is Bearish .
Range for the week is seen from 16114 on downside and 16824 on upside.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 17095
RESISTANCE 3: 16960
RESISTANCE 2: 16824
RESISTANCE 1: 16740
WEEKLY PIVOT LEVELS: 16605
SUPPORT 1: 16469
SUPPORT 2: 16385
SUPPORT 3: 16250
SUPPORT 4: 16114
All above views for education purpose only.
Regards,
MD .
5 Months #Breakout in #ROLEXRINGS5 Months #Breakout from #parallelChannel in #ROLEXRINGS (Rolex Rings Ltd).
In the context of technical analysis, a channel occurs when the price of an asset is moving between two parallel trendlines. The upper trendline connects the swing highs in price, while the lower trendline connects the swing lows. The channel can slant upward, downward, or sideways on the chart.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
Note : - Invested in #ROLEXRINGS
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel
Tata Motor Dvr on a DownsideIf Breaks Then The Targets can be Taken at 148.80 .
Time Frame :- 1 Day
Patterns Name :- Parallel Channel
Symbol Name :- Tata Motor Dvr
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
BTW Like and Follow if you like this awesome content
Bajaj Finance Technical Analysis Hello Guys , Today I Have The Technical Chart of Bajaj Finance it is in the Parallel Channel from a few ago but now I think it will go Up because it has made a neutral signal after a very long bearish trend and now lets talk about the target . So its target could be 6149 . BTW It is Based on your Risk To trade on it or not and Don't Forget to Like the Idea and Follow The Channel for Regular Updates and Regular Ideas and also Now i am again Going To Make Regular ideas Bye-Bye .
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
Stock Name :- Bajaj Finance
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
Torent pharma Technical AnalysisHello Guys , Today I Have The Technical Chart of Torrent Pharma it has just breaked the Parallel Channe a few days ago but now I think it will go Up because it has made a bullish signal after a bearish trend and now lets talk about the target . So its target could be 3262 . Just Breaked the Channel Can Retest once here . BTW It is Based on your Risk To trade on it or not and Don't Forget to Like the Idea and Follow The Channel for Regular Updates and Regular Ideas and also Now i am again Going To Make Regular ideas Bye-Bye .
Time Frame :- 1 Day
Patterns Name :- Parallel Channel
Stock Name :- Torrent Pharma
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
Nifty Technical Analysis Hello Guys , Today I Have The Technical Chart of Nifty it is in the Parallel Channel from a few days ago but now I think it will go Up because it has made a bullish signal after a very long bearish trend and now lets talk about the target . So its target could be 16968 . BTW It is Based on your Risk To trade on it or not and Don't Forget to Like the Idea and Follow The Channel for Regular Updates and Regular Ideas and also Now i am again Going To Make Regular ideas Bye-Bye .
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
Stock Name :- Nifty
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
BankNifty Spot Weekly Outlook For Expiry Week Falcon Analytics Outlook Bank Nifty for the week (May 23 – May27)
Technically on the daily charts we see major support on the downside for BankNifty index lies at 32955 levels,
whereas major resistance on the upside is capped around 35000 levels.
If BankNifty index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 32323/31691 and and if breaches major resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 35631/36263.
Currently BankNifty index is just trading above 200 day EMA @ 35947 suggests long term trend is Bearish .
Falcon Analytics predicts range for the week is seen from 32323 on downside and 35631 on upside.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 36263
RESISTANCE 3: 35631
RESISTANCE 2: 34999
RESISTANCE 1: 34609
WEEKLY PIVOT LEVELS: 33977
SUPPORT 1: 33345
SUPPORT 2: 32955
SUPPORT 3: 32323
SUPPORT 4: 31691
All above views for education purpose only.
Regards,
MD .
Nifty 50 Outlook for the Expiry week May 23 – May27Falcon Analytics Outlook Nifty 50 for the Expiry week ( May 23 – May27 )
As Discussed in Last Weekly Analysis Nifty sold off from major resistance @ 16387 while the major support for the week @ 15560 was not breached.
Technically for this week on the daily charts we see major support on the downside for Nifty50 index lies at 15726 levels,
whereas major resistance on the upside is capped around 16386 levels.
If Nifty50 index breaches major support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 15474/15222 and and if breaches major resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16542/16794.
Currently Nifty50 index is trading Below 200 day EMA @ 16783 suggests long term trend is Bearish .
Range for the week is seen from 15222 on downside and 16794 on upside.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 17046
RESISTANCE 3: 16794
RESISTANCE 2: 16542
RESISTANCE 1: 16386
WEEKLY PIVOT LEVELS: 16134
SUPPORT 1: 15882
SUPPORT 2: 15726
SUPPORT 3: 15474
SUPPORT 4: 15222
All above views for education purpose only.
Regards,
MD .
nifty future resisted at channel top & moving towards the middle#nifty future resisted near channel top of 17400
and making head and shoulder pattern...
moving towards middle line of channel and neck line of channel
near 16925-- 16800
now immediate channel resistance is 16225---16280
mkt "sell on rise " mode