AkshathTiwari

AkshathTiwari Updated 

**Bank Nifty Technical Analysis - Ascending Triangle and Breakout Watch (15-Min Chart)** **Observations:** 1. **Weak Buying Signs:** - The 15-minute chart of Bank Nifty reveals signs of weak buying pressure. 2. **Ascending Triangle Formation:** - An ascending triangle pattern is forming on the chart. - This pattern implies potential consolidation...

AkshathTiwari

Certainly, here's a brief analysis script based on the provided observations: --- **ICICI Technical Analysis - Rejection from Support and Consolidation (Daily and Weekly)** **Observations:** **Daily Timeframe:** 1. **Pin Bar Rejection:** - ICICI (Ticker: ICICIBANK) is displaying a pin bar candlestick pattern on the daily chart. - The pin bar indicates...

AkshathTiwari

**Tata Steel Technical Analysis - Potential Breakout Momentum (Daily)** **Technical Overview:** - Tata Steel (Ticker: TATASTEEL) is currently positioned near a potential breakout range on the daily chart. - This situation could lead to a substantial 10% upside momentum if the breakout occurs. **Key Points:** 1. **Breakout Range Alert:** - Tata Steel is on...

AkshathTiwari

Wipro Technical Analysis - Potential Inverted Head and Shoulder Breakout (Daily) Pattern Observation: The daily chart of Wipro (Ticker: WIPRO) shows the formation of an inverted head and shoulders pattern. This pattern suggests a potential bullish reversal from the existing downtrend. Key Points: Inverted Head and Shoulders Breakout: 1. An inverted head...

AkshathTiwari

In the realm of technical analysis within the financial markets, particularly in the context of the Bank Nifty index, a captivating opportunity has emerged on the 15-minute timeframe chart. This opportunity is rooted in a pattern known as the "inverted head and shoulders" – a reliable and often powerful reversal pattern. Visualize the price movement as...