Date 15.08.2024 Force motors Timeframe : Day chart Remarks : 1 Formation of descending triangle & support of 100 ema extended to the neckline of descending triangle. 2 However, the price action is below the cloud & until price crossed upwards to cloud for breakout will be weak bullish. 3 If at all breaks down 100 ema + neckline, then don't try to catch...
Date 14.08.2024 FDC Timeframe : Day chart Remarks : At strong support trendline with confluence of 100 ema, looks good for buy. Regards, Ankur
Date 14.08.2024 Nasdaq Timeframe : Day chart Remarks : Nasdaq has reached at very critical junction where it meets 50ema & support/resistance trendline % 50% of fibonacci confluence. Now why it is important because performance of Nasdaq will have great impact on Nifty IT, which will drag or push our index overall. Regards, Ankur
Date 14.08.2024 ACC Timeframe : day chart Remarks: If breaks the trendline then further downside, already broke 200 ema & major support zone of 2371 Regards, Ankur
Date 14.08.2024 Bank Nifty Spot Timeframe : day Chart Remarks : 1 Bank nifty is breaking very important support fan of 50% on 14.08.2024 2 A close below this zone, don't long until & unless price resume 50% band of resistance fan or from the zone of flat kumo. 3 100 ema will act as immediate resistance 4 Flat kumo/cloud will is acting as last support at the...
Date 13.08.2024 Praj Industries Timeframe : Day chart Remarks : A pole & flag formation. Don't long or average below flag. Keep 20 ema as stoploss for longs Regards, Ankur
Date 13.08.2024 Aavas Financiers Ltd Timeframe : Day chart Remarks: Formation of 5-3-5-3-5 waves, wave 5 move is pending. Keep 200 ema as stoploss. Regards, Ankur
Date 12.08.2024 Jio Finance Timeframe : Day chart Remarks: 1 If price exit descending triangle falling trendline above speed resistance fan or with support from speed resistance fan will be high momentum breakout. 2 The neckline of descending triangle has acted as strong support as triple bottom, if at all price exit this area then no catching of falling...
Date 12.08.2024 IIfl Finance Timeframe :Day chart Remarks : A formation of symmetrical triangle pattern, support & resistance area is also marked. Moment ether side from support & resistance area or breakdown of symmetrical triangle should be used for btst/stbt or swing trade. Regards, Ankur
Date 12.08.2024 IIFL Securities Timeframe : Day chart Remarks : 1 Trade as per fibonacci levels as per recent swing for support & resistance 2 Breakout or breakdown of Symmetrical triangle pattern can used for swing trade, btst/stbt 3 Can also keep 50 ema & 20 ema as stoploss/target along with fibonacci levels Regards, Ankur
Date : 11.08.2024 Welspun Living Timeframe : Weekly chart Tools used : Eliiot wave & harmonics Pattern : Pole & flag
Date 11.08.2024 Reliance - For swing trade Timeframe : Day chart Remarks : 1 For long side, wait for price/candle to close above the mid-term trendline. 2 It is also important to see fibonacci levels. When price is above 50% or 61% & also above support trendline will be called stable bullish. 3 One can also apply 50,100 & 200 ema on day chart. And use...
Date 11.08.2024 Tata Power Time frame : Day chart Remarks : Bullish consolidation after upwards rally. Trade as per fibonacci levels as support & resistance. Also, can apply 50,100 & 200 ema as trend based filter. Regards, Ankur
Date 10.08.2024 Bank nifty intraday working for 12 Aug 2024 Time frame : 15 mins Remarks : 1 Starting from lower end, 50300 is important support, below that no catching of falling knife for those who wants to trade only on long position side. Allow index to resume & sustain above 50300 area. 2 50700 is weekly resistance after gap down from last week,...
Date 10.08.2024 Bajaj Consumers Time frame : Weekly Remarks : A cup & handle formation below M pattern neckline at 38% fibonacci level. Golden cross over area can be defined as swing support. Regards, Ankur
Date 09.08.2024 Nifty 50 Timeframe : day chart A volatile pattern !! Regards, Ankur
Date 09.08.2024 Stock : Atul Ltd Timeframe : Weekly Remarks : Definitely approaching strong resistance. A combination of RSI & Resistance channel trendline. Regards, Ankur
Date 02.08.2024 Icici Bank Timeframe: Day chart Remark: Breakdown of neckline of rounding top is weak.