Reversal Inverted head and shoulder pattern in naukri✅ Naukri
Key highlights: 💡⚡
✅ On 1Day Time Frame Stock Showing Reversal of Inverted head and shoulder Pattern.
✅ Strong Doji Candlestick Form on this timeframe.
✅It can give movement upto reversal target of 3860+.
✅ Can Go Short in this stock by placing stop loss Below 3540 or last swing Low.
✅ After breakout this can give risk:reward upto 1:2+.
Priceactionanalysis
Parallel Channel Pattern Breakout in HEROMOTOCORP HEROMOTOCORP LTD
Key highlights: 💡⚡
✅On 1Week Time Frame Stock Showing Breakout of Parallel channel Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3615+.
✅Can Go Long in this stock by placing a stop loss below 2725-.
RATEGAIN - 15% Arbitrage PossibilityRategain stock has broken its earlier resistance of strong 418.6 levels. With a good strong move past it, and currently retesting its breakout. It shows a potential to test its earlier levels of 502 again.
The trade is forming like, a Buy around 438, an SL at 413 & Exit at 502, its staking 6% of stock for 15% of gain. Forming a risk reward of 1:2.5.
Have your own research & Cheers!
JK Bank - 28% Move, But Stay Away!JK Bank shows amazing strength technically & looks like it can post a 28% move. But even though you have charts telling you stories, if one is going for this stock, go with a strict stoploss after having your own research.
The management has something fishy going on & the audits in past have proved it. At the end, do your own research. Although this has a good risk reward ratio, but better to skip it :)
Cheers.
Bullish flag pattern breakout in CANFINHCANFIN HOMES
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Bullish flag Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 855+.
✅Can Go short in this stock by placing a stop loss below 772-.
Wedge Pattern Breakout in TATACHEMICALSTATACHEMICALS LTD
Key highlights: 💡⚡
✅On 1 Week Time Frame Stock Showing Breakout of wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1170+.
✅Can Go Long in this stock by placing a stop loss below 960-.
[INTRADAY] #BANKNIFTY PE & CE Levels(04/07/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 45050 level then possible upside rally of 400-500 points upto 45450 Level. Any Major downside only expected in case banknifty starts trading below 44950 level. also possible Reversal Downside 45450 level.
Rising Wedge Pattern Breakout in ULTRATECHCEMENTULTRATECH CEMENT
Key highlights: 💡⚡
✅On 1 Week Time Frame Stock Showing Breakout of Rising wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 9660+.
✅Can Go Long in this stock by placing a stop loss below 7350-.
UTI AMC - Trendline BreakoutUTI AMC created a range in day chart from past few weeks. A perfect range that was broken and reached nearest resistance in a day climbing 8%+.
Currently it is retesting its breakout & has hit the resistance, the move shows it has more 12% rally left with an ideal risk reward ratio.
Cheers.
#NIFTY Intraday Support and Resistance Levels - 03/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19200 level and then possible upside rally up to 19300 & this rally can extend antother 100-120 points if market gives breakout in 19310 level in today's session. in case nifty trades below 19180 level then the downside target can go up to the 19070 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(03/07/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level. also possible Reversal Downside 44950 level.
#NIFTY Intraday Support and Resistance Levels - 27/06/2023Nifty will be FLAT opening in today's session. After opening nifty sustain above 18700 level and then possible upside rally up to 18820 in today's session. in case nifty trades below 18670 level then the downside target can go up to the 18550 level.
#NIFTY Intraday Support and Resistance Levels - 26/06/2023Nifty will be FLAT opening in today's session. After opening nifty Start trading below 18650 level and then possible downside rally up to 18530 in today's session. in case nifty trades above 18680 level then the upside target can go up to the 18800 level.
EWT – Will The Bears Prevent BANKNIFTY From Reaching ATH?Timeframe: 1h
BANKNIFTY(SPOT) has experienced a strong upward movement from 38613 over a period of 12 weeks, indicating an impulsive cycle. The price has completed a motive wave (3) and is now in the process of developing a corrective wave (4).
The current price movement is part of a corrective structure, as it has broken below the acceleration channel and is trading outside of it. Upon closer examination of wave (4), it appears to be forming a double formation pattern. Bank Nifty has completed wave X at 44489, which is a sub-wave of wave (4), and has started forming wave C of wave (y). The overall wave perspective suggests a bearish angle.
There are two potential levels where wave C could complete its formation:
Wave C could end near 161.8% of the length of wave a, around 43180.9.
Wave C could end near 161.8% of the length of wave W, around 43238.
Traders can consider selling after the breakdown of wave a at the given price levels. They have the option to extend their target to sub-wave 3, which is expected to be around 42822. However, it is important for traders to confirm the development of wave (5) using percentage or Gann filters after the completion of wave (4).
#NIFTY Intraday Support and Resistance Levels - 22/06/2023Nifty will be FLAT opening in today's session. After opening nifty sustain above 18880 level and then possible upside rally up to 19000 in today's session. in case nifty trades below 18850 level then the downside target can go up to the 18730 level.
Triangle pattern breakout in GODREJ PROPERTIESGODREJ PROPERTIES
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of triangle Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1635+.
✅Can Go short in this stock by placing a stop loss below 1525-.
[INTRADAY] #BANKNIFTY PE & CE Levels(21/06/2023) Today will be FLAT opening in BANKNIFTY . After opening if banknifty start trading above 43550 level then possible upside rally of 400-500 points upto 43950 Level. Any Major downside only expected in case banknifty starts trading below 43450 level. also possible Reversal Downside 43950 level.
Triangle pattern breakout in L&T TECHL&T TECHNOLOGY SERVICES
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of triangle Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 4205+.
✅Can Go short in this stock by placing a stop loss below 3880-.