Date: 02.08.2024 Stock: Balkrishna Industry Timeframe: Day chart Remarks: Watch for double top for breakout trading & support zone for breakdown. In between double top & support zone is sideways, non directional move. Regards, Ankur
Date: 02.08.2024 Timeframe: Day chart Stock: Glenmark life science Remarks: Can trade according to given support & neckline areas.
Date: 31.07.2024 Stock: ACC Timeframe: Day chart Remarks: 1 Currently taking support/resistance between 50 ema & 100 ema. 2 If breaks flag below 100 ema then weak, look for 200 ema as target/support. 3 If breaks 50 ema upwards after taking support from 100 ema & breaks flag then target is double top & trail thereafter. Regards, Ankur
Date: 30.07.2024 Timeframe: Day chart Remarks: Its classical Double top & Double bottom, M pattern formation. To trade breakout see double top exit with volumes, candle range & delivery quantity at nse website. To trade within the M pattern can take swing trade based on fibonacci levels with the help of your favorite moving average . Double bottom is quite...
Date 29.07.2024 Timeframe : 45 mins Bank nifty (spot) Remarks : Technique is in simplicity. An RSI over bought territory & strong resistance trendline provided 1100+ points drop intraday. Regards, Ankur
Date 25.07.2024 IEX Time frame : Day chart Remarks : The stock formed long broadening wedge formation & now has reached a make or break resistance confluence of gann angle & support/resistance band. This is very significant area technically, fundamentally the stock has out performed & continues growth power demand is positive for the stock. Quarterly Result...
Date 24.07.2024 Tata Consumer Timeframe : day chart Remarks: Created double top zone, retracement & breakout is healthy Else wait for it to return from channel Regards, Ankur
Date 24.07.2024 Jindal Steel Timeframe : Day chart Remarks : So far we can see the stock has special relation & respect for 100 ema + as of now at rsi support as well along with support band. If at all stock breaks it then no catching of falling knife If breaks then for fresh entry let it resume above 100 ema or above 942 band Regards, Ankur
Date 22.07.2024 Pvr Inox Time frame : Day chart Remarks : A long descending triangle pattern has multiple tested support base therefore as mentioned if it breaks the base this time below 200 ema then no catching of falling knife. Let the price resume base or above the base in that case 200 ema will also get smooth a little. On the entry front, i have marked...
Date 21.07.2024 Happiest Mind Technology Time frame : Day chart Remarks : The stock has been consolidating since last 2.4 years, the mentioned chart is a day chart for you. I would request each one of you to study or understand about "Darvas Box Theory" by Nicolas Darvas. He also wrote a book called " How I Made $2000000 In The Stock Market" He skilled his...
Date 21.07.2024 Strides Pharma Time frame : Day chart Bullish pole & flag could keep the upside momemt continue, wait for the price to exit flag & trail stoploss
Date 21.07.2024 Bhel Time frame : Day chart Stock has reached at the base of broadening ascending wedge & at support of rsi therefore more conviction on bounce then short from here
Date 21.07.2024 Bpcl Time frame : Day chart Remarks: Stock has give poor quarterly results, therefore looks like selling continuation
Date 21.07.2024 Dlf Time frame : day chart Stock has reached at the end of descending triangle pattern & ready to give breakout bounce back or breakdown, use key moving averages as mentioned in the chart for confirmation, entry, exit & as stoploss
Date 21.07.2024 Heromoto Corp Time frame : Day chart Key notes & points mentioned in the chart
Date 21.07.2024 Idfc First Bank Time frame : Day chart Key notes & points mentioned in the chart
Date 21.07.2024 IOC Time frame : Day chart Key notes & points mentioned in the chart
Date 16.07.2024 Time frame: Day chart Chambal Fertilizer