📈 Pre-open MTF #PriceAction Analysis by #KRMG (17 Sep)👉 Stock 1- #JUBLFOOD
👉 Sector - FMCG
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has been strongly reversed to downside from 4200 Level which is its ALL TIME HIGH Level and now trading near to its important level 4000 which has its next barrier as Hourly Timeframe
Below the Critical Zone Sellers may continue dominating Buyers and it may continue the Downtrend for the initial targets of 4040 Levels (Avoid if volume spikes comes as it can then lay a trap - To be noted by our students)
🎯 Coming to sectoral pattern - #NiftyFmcg is now trading to ALL TIME HIGH and on yesterday it has given good Breakout to 40750 Level
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (15 Sep)👉 Stock 2 - #SUNTV
👉 Sector - MEDIA
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - Yesterday it has broken an important resistance of 508 Level and able to close above it now it has 535 as next barrier as per Hourly timeframe
After big Gap Up opening it has continued the Uptrend throughout the day and able to close at the Days High
Now it needs to close above the Critical Zone then it has 520-527 as upside targets (Breakout should be good and clean without volume spikes - else look for trading reversal)
🎯 Coming to sectoral pattern - #NiftyMedia is now in strong Uptrend and broken its important resistance 1925 Level convincingly
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (15 Sep)👉 Stock 1- #HDFC
👉 Sector - FINSERV
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - After Strong Uptrend it has strongly fallen nearly from 2875 level as per hourly timeframe and now it is trading near to its important Support of 2800 level
Yesterday on its way to downtrend it got strong rejections from important zone of 2870 and continued the downtrend till day end
It has space till 2795 on downside if it sustains below CZ, and may even reach near 2775 level if convincingly closed below 2810
🎯 Coming to sectoral pattern - #NiftyFinserv after strong Uptrend and it made its ALL TIME HIGH, now it is trying to accumulate near to it
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[Short Term]Cup & Handle Pattern in PFC (Target -162+)On a Daily Chart, PFC shows breakout above 130 of cup and handle pattern's neckline. After this breakout seen retracement upto the breakout level. Expected it will continue its uptrend upto 162+ in upcoming few trending session. Can go long in this trade above 130 for target of 140,150 and 162+ with stop loss @120.
📈 Pre-open MTF #PriceAction Analysis by #KRMG (14 Sep)👉 Stock 2 - #RELIANCE
👉 Sector -ENERGY
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has shown good strength in Upward direction and after trading to its ALL TIME HIGH Level now it is getting rejection from Higher side
It has continued good Lower High pattern as per 15- Min timeframe and also yesterday after opening Sellers become dominant on the Buyers throughout the day
Now it has space till 2350 Level where it may start reversing to its original Uptrend
🎯 Coming to sectoral pattern - #NiftyENEGRY after giving strong Uptrend it is now trading to its ALL TIME HIGH Level
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (14 Sep)👉 Stock 1- #MINDTREE
👉 Sector - IT
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - MINDTREE has started strong Uptrend from 3700 Level in HOURLY TF, and also it has convincingly closed & broken above to its ALL TIME HIGH 3860 Level on Yesterday
It has continued good Lower High pattern as per 15- Min timeframe and also yesterday after opening it continued Impulsive Up move and closed near days High
For Buyers to maintain dominance, it needs to close and sustain above the #CRITICALZONE
For Selling pattern - BREAK OF 15 MIN structure is mandatory (Watch for volume spikes )
🎯 Coming to sectoral pattern - #NiftyIT is now trading near to its ALL TIME HIGH Level
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (09 Sep)👉 Stock 2- #KOTAKBANK
👉 Sector - BANK
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - Stock is in uptrend in Hourly timeframe and has given an IMPULSIVE UPMOVE in the 2nd half f the market & if we consider it in Daily timeframe it is trading near the high of Range 1845 which may be broken in case of trend continuation
15 Min Trend is Bullish and it also is able to close near the Day's High so Buyers are dominant till now and a good breakout above CRITICAL ZONE may lead it to reach till 1850 Level
🎯 Coming to sectoral pattern - #NIFTYBANK is in strong UPTREND as per DAILY Timeframe which may continue till 37200 Level
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (09 Sep)👉 Stock 1- #Hindalco
👉 Sector - METALS
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has been strongly reversed to downside from 475 Level Which is its ALL TIME HIGH LEVEL and now trading near to its important Support level 450 which has its next barrier as Hourly Timeframe
Below the Critical Zone Sellers may continue dominating Buyers and it may continue the Downtrend for the initial targets of 450 Levels (Avoid if volume spikes comes as it can then lay a trap - To be noted by our students)
🎯 Coming to sectoral pattern - #NiftyMetals is now trading near to ALL TIME HIGH and from last two trading session it is accumulating near to the 5800 Level
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👁👁👁Todays Pre-open Performance Chart-1 #HDFC👁👁👁(Sell setup post breakdown below CRITICAL ZONE)
Achieved till target 1 and then it reverse back again till CZ..
Given Profits Around 23+ Points
📈 Pre-open MTF #PriceAction Analysis by #KRMG (08 Sep)👉 Stock 2- #JUBLFOOD
👉 Sector - FMCG
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has strongly fallen nearly from 4200 level as per hourly timeframe which is its ALL TIME HIGH Level and now it is trying to reverse or retrace from it
Yesterday on its way to downtrend it got strong rejections from important Level of 4180 and continued the downtrend till day end
It has space till 4040 on downside if it sustains below CZ, and may even reach near 4000 level if convincingly closed below 4060
🎯 Coming to sectoral pattern - #NiftyFMCG is currently in Good Uptrend and currently trading to its ALL TIME HIGH Level
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (08 Sep)👉 Stock 1- #HDFC
👉 Sector - FINSERV
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - Stock has strongly reversed from the 2660 level and it also has broken & convincingly closed above important Resistance of 2810 level as per hourly timeframe
On Yesterday, after strong opening it has shown good Uptrend & throughout the day it made Higher low Pattern & closed near days High
If it closes Convincingly above CZ it has space till 2900 Levels which is its ALL TIME HIGH Level
🎯 Coming to sectoral pattern - #NiftyFinserv is currently having strength in Upside, now it is trading to its ALL TIME HIGH Level
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