Titan ltd. share price slowly moving down to the fib retracement level of 0.5 and 0.61 , that will be final target from there price will moving up.
Dr Reddy Cmp 4251 dated 27-12-2022 1. Hammer Candle @ support Buy above 4270 for target 4350-4420-4460-4500 SL 4200 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any...
On daily down first broke the downward trend line, then tested it & formed equal lows there. Whereas on hourly it is showing signs of a shift in market structure, it has already given a BOS & has formed its first HH & HL pattern. If it gives a 2nd BOS & forms another HH & HL then it will become buy on dips for the near term.
With bank nifty bouncing exactly from the daily trend line, things are looking good there for bulls. Nifty is a different scenario altogether, just like I posted in my analysis of LT & Tata Steel. All 3(nifty, LT & Tata Steel) gave a possible false breakout of the trend line & started a V shaped recovery from there. LT & Tata Steel have already given 1 break of...
Tata Steel is respecting the daily trend line with breaking it once in the recent market fall, so far the bullish momentum shows that it could be a bear trap. It is currently testing the daily TF supply zone from where the latest fall began. On the hourly tata steel has given a break of a downward sloping trend line hence breaking resistance & showing bullishness....
ICICI Bank has been operating in parallel. Weekly support and resistance are suggested by the black trendline. The red line indicates support for the Daily Time Fame. It is possible to start a long trade by maintaining a minor stop loss. NSE:ICICIBANK
Dow intraday 21/12, should come till 1.618, it can bounce from feb retracement 38% lavel
Nifty Cmp 18014 dated 26-12-2022 1. Bullish Engulfing Pattern @ support. 2. Made this candle after a 5 % correction. So buy above 18085 for target 18175-18270-18310- 18450-18530 SL 17900 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational...
Nifty Daily Chart Showing Weakness Short Near ~ 18450, 18470, With Stop ~ 18580, Target ~ 17500, 17800 Expected Target Jan Expiry.
NECTAR LIFESCIENCES Daily has trendline breakout, good to buy at 26 for target of 39,46 with sl below 24
Banknifty Weekly Timeframe analysis. Chart Reading
Firstly, Nifty Can Rebound From Weekly Channel, After Closing Gap At (17300-17400) In Daily Chart. Secondly, Nifty Can Take Support At EMA(Exponential Moving Average)(17200) In Weekly Chart.
sell gold at 54561 target 54444,54200,54000,53700 sl54800
Makes perfect down opportunity after tests the resistance and makes good target up to trend lines.
As far as global market looks not good, Makes this stock Look like good downside opportunity of targets 131.55 and it is valid for this week
Your views are welcome. Trendline may work as described in charts Thanks.