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Support and Resistance

Punjab Chemicals and Crop cmp 1510 by Weekly Chart viewPunjab Chemicals and Crop cmp 1510 by Weekly Chart view - Support Zone 1380 to 1450 Price Band - Resistance Zone 1560 to 1630 Price Band - Volumes spiked heavily today by demand based buying - Bullish Head & Shoulders followed by Bullish Rounding Bottom patterns - Resistance Zone neckline hurdle crossing needed for fresh upside breakout momentum - Falling Resistance Trendline Broken and Rising Support Trendline sustained indicates good bullishness
BSE:PUNJABCHEM
by PIYUSHCHAVDA
Cartrade-A risky positional trade for ATH targets!Cartrade has given outstanding Q4 2024 results and bullishness in the stock is indicator of same. However, these stocks come with good amount of risk with bigger rewards. Stock has formed beautiful cup & handle pattern and is about to break it. Once 1000 is crossed, we can see ATH levels soon. I had seen similar breakout in PBFintech (Policybazaar). If you believe in new age startups, this stock is technically looking bullish.
NSE:CARTRADELong
by chartistamey
Nifty volatality range expanded - check the levels The market pulled back more than I expected, and now it’s starting to look like a proper correction. But there’s nothing surprising about it — that’s the market’s nature, to surprise you every time. Nifty has dropped more than 400 points from its recent high this week. On the intraday chart, it closed below the 24839 support on a weekly basis. With that, Nifty has formed its Decision Range (DR) at 24845 for tomorrow, and the Pivot percentile is 0.19%, which clearly suggests we might see a trending move tomorrow. Two possible scenarios for tomorrow: 1. If Nifty opens above 24845 and breaks 24908, we might see a bounce due to short covering. However, the probability of this scenario seems low as the market is heavily bearish. 2. If Nifty opens below 24845, trades below it for the first hour, and breaks 24860, it can fall further towards 24710. The final support for this week, as per the chart, should be around 24502. But remember — the market won’t do what you want; it will do what it has to. Talking about Friday’s session — the candle broke its range, and sellers’ volume was 43 million higher than buyers. Clearly, sellers are still dominating. For the coming week, the volatility range on the chart is 25047 to 24502. BankNifty levels: - Decision Range: 56713 - Weekly Support: 55899 - Resistance: 56791 On the sectoral side, agriculture proxy stocks are showing some excellent setups. One of them, NSE:SHARDACROP , which I traded, gave a solid 19.63% move on Friday. I am also holding another one from this sector. And of course, I'm not ignoring my Earnings Pivot setups — because in this kind of market, that’s the only reliable way to generate consistent income. And when Agri + Earnings Pivot come together — you know how explosive that can be! That’s all for today. Take care. Have a profitable week ahead.
NSE:NIFTYShort
by Trendxinc
DALBHARAT Retesting Breakout Zone Near 21 EMAThe stock DALBHARAT is currently testing the breakout region between ₹2200–₹2250, which aligns with the 21 EMA — a potential confluence zone. Traders may observe price action near this level for signs of a bounce. If the retest holds, there could be scope for upward movement toward previous highs. Note: The risk-reward setup appears favorable based on current chart structure. Disclaimer This is a personal technical analysis and not a recommendation to buy or sell any securities. Please do your own research or consult a SEBI-registered investment advisor before making any investment decisions. Trading in financial markets involves risk.
NSE:DALBHARATLong
by PhaniBhargav