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.
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