Tata Power is consolidating in a narrow channel from last 18 months and break above 250 levels could trigger a sharp rally towards 450 levels in a matter of 1 year from breakout date.
Stock above life time high
Breakout ascending triangle pattern
Sustain above 1500 level
Volume spike
Look at previous volume buildings
Low PE ratio stock
Under value stock compare to peer company and it's PE previous life
EXIDEIND
1) Time Frame - Monthly.
2) ALL TIME HIGH breakout in monthly.
3) Primary trend will act as a resistance / profit booking zone in the long term at (Price 393).
4) Recommendation - Strong buy
The Banknifty recently completed a consolidation phase, forming what appears to be a bullish pennant pattern on the price chart. However, it's important to note that the presence of this pattern alone doesn't guarantee an upward price movement. It is crucial to consider that the market may experience a price correction around the 44730-44750 range, which is a...
Detailed Analysis has been posted in my YouTube channel.
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I expect the market to be Bullish monday.
Trade or invest according to your analysis. This is just my view.
<----- 3MRT Trading ----->
Detailed Analysis has been posted in my YouTube channel.
Do follow and subscribe if you like the analysis.
I expect the market to be Bullish tomorrow.
Trade or invest according to your analysis. This is just my view.
<----- 3MRT Trading ----->
I expect NSE:NIFTY to open Flat .
It might retest today's last swing and fall upto
Target 1 - 18225
Target 2 - 18160
I 'm expecting a reversal back up from T2. as it might retest 'W' pattern which I strongly believe in.
- If market is opening Gap down near T1/T2, Reversal trade can be planned till our entry zone. -
My levels and views change...
I expect a Gap Down or Flat opening in NSE:NIFTY
Nifty might retrace till the Zone Marked and Bearish momentum continues till the targets
Target 1 - 18300
Target 2 - 18250
My levels and views change depend ing on market opening...!!!
Trade or invest according to your analysis. This is just my view .
<----- 3MRT Trading ----->
Expecting NSE:BANKNIFTY to continue it's Uptrend.
Target 1 -> 44070
Target 2 -> 44125
Trade or invest according to your analysis. This is just my view.
<----- 3MRT Trading ----->
Expecting NSE:NIFTY to continue it's Uptrend.
Target 1 -> 18245
Target 2 -> 18285
Trade or invest according to your analysis. This is just my view.
<----- 3MRT Trading ----->
Disclaimer - I might be completely wrong today, as I've Bearish sentiment even after such a wonderful retracement. Even chart suggests a Bullish pattern too. Just a expiry bet ..!!!
I expect NSE:BANKNIFTY to open flat and trade in a range before falling down till at least 43400 .
It's just my analysis, do your own before traing/investing.
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NIFTY --DAILY CHART SETUP --TREND ANALYSIS --11 JAN -- 31 JAN 2023
1. AS seen on daily chart nifty was trading at upper channel and hit all time high 18900 sub level on Dec 2022
2. Since then nifty seen fall around 1000 point from overbought level and breakdown of upper channel seen at 18250 sub level .
3. nifty trading current level around 17900 sub level...
THERE is high possibility of gold to become bullish in the coming week because it is retesting the key resistence levels in 4h and daily timeframe.
also us economy is getting back to track , inflation eased to 7.1 percent which is a good indication to hold for gold as us us currency will go strong
THEN GOLD ALSO WILL BECOME STRONG.. OANDA:XAUUSD...
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor...
