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Trendlineresisten

CANARA BANKHello and welcome to this analysis Like all PSU Banks saw a very good 2021 in terms of price performance thereafter in 2022 it went into a correction mode in line with market trend. The structure of the fall as can be seen in the chart is of a slanting channel currently. If it manages to break above 235 then 244 is the 1st line of resistance, above that 255 is where it has not one (Bearish ABCD) but two (Bearish Alt Shark) have a PRZ. The trend might see a pullback/consolidation there. Once it manages to break that resistance then above 295 it has a doubler breakout target waiting in the weekly time frame. On the other hand, if it respects the slanting channel resistance then breaking below 219 it could retest 210-190-170 Invest wisely!
NSE:CANBK
by Dinesh_C_Nagpal
Natural Gas Sharp Fall Expected - Long Term AnalysisSharp Fall is Expected in Natural Gas. As it has taken resistance at rising trend line on Weekly Charts. Historically NG forms Rounding bottom formation and now it completed its cycle. see charts for detailed analysis about the forecast.
MCX:NATURALGAS1!Short
by Atul_Tirole
22
HINDPETROStock formed huge hammer candle with huge volume in Oct,18, since then stock gets stabilized. Currently trading near previous trend-line resistance. Further confirmation required to spot reversal in the stock, till then keeping it on in the track list..
NSE:HINDPETRO
by manuagarwal21

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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