HDFCLIFE HDFCLIFE (W):- 725.95 CMP, LOOKS GOOD FOR MORE UPSIDES :)
1) Rectangle Breakout Soon :)
2) Volume Contraction
Weeklymarketsanalysis
TECHM TECHM (W):- 1089.5 CMP, LOOKS GOOD FOR MORE UPSIDES :)
1) Rectangle Breakout Soon :)
2) Volume Contraction
ORIENTREF ORIENTREF (Weekly):- 349.65 CMP looks good for more upside :)
1)Multiyear Breakout :)
2) Huge Volume Activates
Banknifty Longer View June 2021If the present low is sustained .. we can expect the above as the next move.
Wait for the Flag pattern to break ... and the targets are given above.
Multiple Trendlines Confluence in ONGC Weekly ChartONGC weekly chart is exhibiting confluence of three different trendlines:
1. An upward sloping trendline from Nov'20
2. A downward sloping trendline from Jan'18
3. The horizontal trendline at 120 price range
The price is is a super interesting place and we will be watching where the it will go from here, ready to bring out our ammo, whether it breaks up or down.
NIFTY50 WEEKLY VIEWImportant levels updated market is in range bound keep booking profits and regular watch your holdings
#3 MRPL - Invested 50k in it lets see | Part-1# Regarding trade entry and exit and profits or SL hit, things will be updated as per
🔰 MY entry: 54.75 ( 50k only in cash )
💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
L_TFH - Long term view | WATCHLIST STOCK #1A Breakout from the upper trendline = a decent up move for weeks and months can be seen on an overall basis .
WATCHLIST STOCK
The pattern I see is a triangle pattern :) on week chart
💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
NIFTY50 WEEKLY VIEWSNifty50 was up trend only, as in chart we see our upper trend line is respected in the past session. we can expect market will came to our 7 day moving average in this week.
BANKNIFTY WEEKLY As our lower line respected previously, now in up coming session we expect to support those trend lines. all levels same banknifty is in range bond only
IRCTCIRCTC (WEEKLY):- 2094.8 CMP LOOKS GOOD FOR MORE UPSIDE :)
1) Weekly Breakout :)
2) Textbook Pattern
ABAN Offshore Cup and Handle FormationABAN offshore is coming out from a two year bottom in the form of a cup and handle formation on the weekly chart. The weekly chart exhibits good volumes at the breakout zone of 36. Time to start building long positions with Fibonacci extension targets of 52/76 in the medium term.
IBULHSGFIN IBULHSGFIN (Weekly):- 261.35 LOOKS GOOD FOR MORE UPSIDE :)
1) Multiyear Breakout :)
2) Volume breakout
IOC - WEEKLY BREAKOUT - GO LONGThis stock has been in a downtrend, forming LH and LL for a very long time. Now the price has broken the multiyear trendline which is very positive for this stock.
Investor who are intrested in PSU, can go long in this stock.
NIFTY 50 BUY on dips market Buy on dips market reason
1.Growth in the economy
2.FII &FDI INVESTMENT
3.BULL market
4.Bullish harmonics
We can also sell only If the number is on the particular week, But I'll prefer to buy, coz market in an uptrend
Reason:
1.Bearish harmonics.
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
CENTENKACENTENKA (Weekly):- CMP 327.25 looks good for upside :)
1) Multiyear Breakout :)
2) Volume Buildup
GODREJCP Forming Multiple Bullish Patterns on Weekly ChartGODREJCP is forming Inverted Head & Shoulders and Cup and Handle patterns on the weekly chart. The chart is also showing bullish strength after consuming the selling pressure that since the 12 May Marubozu candle. It appears the stock can breakout from here toward its all time highs of 980.
XAUUSD, could be retracement week for GoldGold against Dollar may give some rest for bulls, for last few weeks this pair have been aggressively bullish, but 1840 area which is very crucial zone for this pair may have some retracement before the price goes up towards 1920 area in the coming month ..
Analysis only for education purpose
Nifty weekly veiw Nifty breached 15140 level which was act as strong resistance and closed 1575.30 formed bullish candle. hope it come for retest in coming season.
Banknifty Weekly View BullishBanknifty breached it's important levels of 34040.80-34147.10 and form a big strong green candle in 1D time frame, so upcoming week we can see 35000 levels easily. banknifty closed at 34606.90, monday it may retest the fist support of 34450 level. In first 15 min candle have to watch how it sustain these level.
