As you can see here Mahindra and Mahindra chart, what does this chart show? This chart shows us that it has given a breakout of a beautiful pattern or of a range of 175 days. As you can see this stock first breaks the all-time high of 978 and then move as fast as a rocket and for the last 175 days it has been in a tight range and making a beautiful pattern i.e...
So bank nifty today also closes on the same level where the last four days close. What I mean to say, the means price cannot be on the same level for a longer period, it has to move up or down. In this chart, I have given you an example of last week's (black pencil mark), from the last 4 days, the closing was on the same level, and on Friday it was a trending...
So after a hugely volatile day, nifty breaks the day's range and closes near its day high which clearly shows nifty is bullish. as you can see in 5 min time frame after the breakout of range, sellers were trapped at the 17825 level, and from that level nifty breaks it's days high (DH) and after the breakout of DH now nifty is consolidating and making pole and flag...
As per Chart Bank nifty has been trading in range Bound . You Can See Bank Nifty facing resistance fib Level 61.8% From last three days and Not Seeing any heavy rejection .. If bank nifty Cross's 41750 to 41800 level .. its Breakout area For Bank Nifty. If Cross 41800 Level Then We can See good Upside Movement In Bank nifty. Reversal below 41700 level go short .
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As we have observed from the last four days closing was on the same level so we surely say that expiry day i.e tomorrow will be a trending day whether it will be upside or downside. so our levels will be if it breaks upside the level of 41712(PDH also) we can easily get the target 42000 level, and if breaks the level of 41400(PDH) it will give us the target of...
As we saw yesterday, there was a symmetrical triangle in 5 min time frame. Today in the opening, the triangle breaks on the upside and we achieved the 1st target of 17870. So for tomorrow our analysis we will go bullish if it breaks the level of 17900 i.e previous day's high (PDH) we can achieve the second target which will be the 17970 level. On the other hand,...
Nifty had formed a symmetrical triangle on 5 minutes time frame. If it breaks level of 17650 i.e breakdown of triangle can give us a 1st target of 17500 i.e 150 points and 2nd target of 17440. On the other side if breaks the level of 17800 i.e previous day high (PDH) can give us target of 17850 and 17970 levels.
Hii This is my analysis on gold first i used green monthly trend line if it breaks market will go down . if comes toward the mean of the line or say pullback in uptrend is consider . and price touches red color resistance zone almost 6 times . if it breaks and retrace is consider as perfect breakout . so wait for breakout . and i use Hikanashi to show...
Nifty is forming LH,LL formation on Daily time frame. It's holding 200 EMA as of now but has tested 4 times last week.. For me trend is bearish
41500 monthly pivot Its not easy to break, may be a fake rally, Try it on your own risk..
Stock is in weekly demand zone. It's a high risk trade after all the chaos that's going around ADANI group. Stock is touching 200 EMA on weekly basis.
Ascending Triangle formed Lower High structure. Gap around 500-465 High high above 590-600 area. Can be kept as SL
Stock has formed a cup and handle on weekly time frame. Last Week volume action visible after 3 months. Stock holding 20 SMA for last 5 months. Stock near to life highs. Trade management SL 1600-1620 are that comes around 7% Ideally SL should be around 1560 area but that comes around 10%, which comes beyond by risk criteria.
Mahindra & Mahindra:- ascending triangle pattern has formed, keep your eye on the stock. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all...
INDIANB:- Rounding pattern is formed and stock is moving in a small range from last 2 months, if it crosses 310 level then we may see upside movement, keep your eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like...
GNA:- Stock has also given breakout by forming cup and handle on daily time frame, keep an eye. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know...
DATAPATTNS:- Rounding bottom pattern has been made, wait for proper breakout, then do some planning, keep your eye on the stock. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check...