Arvind_Share_Academy

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Nifty is forming head and shoulder top pattern, which can indicate a bearish reversal if confirmed. With the neckline at 24,590, a close below that level would indeed suggest selling pressure. Placing your stop loss above the last swing high is a prudent strategy to manage risk. For the target based on the measurement rule, you would typically subtract the height...

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The descending triangle chart pattern in Pidilite Industries Ltd. suggests a potential bearish trend. It forms with a horizontal support level and a downward-sloping resistance line. As price consolidates, if breakdown below the support may signal a further decline, indicating possible weakness in the stock. Traders often watch for a breakout...

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BEL has given breakout of bullish flag pattern but concern is deep retracement. Risk reward is not favorable hence we didn't trade in breakout, we will take a trade at retest, if occurred

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A Rounding Bottom (also called a Saucer Bottom) is a bullish reversal pattern, typically indicating that the price is moving from a downtrend to an uptrend. Rounding Bottom Formation: This pattern often forms over a long period and suggests that after a sustained decline, the asset is gradually transitioning into an uptrend. The price action forms a smooth,...

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State Bank of India is forming high tight bullish flag chart pattern. Happy Diwali to all of you.

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Bank Nifty index is forming bearish head and shoulders pattern. Here are the key levels mentioned below: Neckline : 50000 (activation point for the pattern) Immediate Support: 49700 (200 EMA) Potential Target: 46500 (if price pierces below 200 EMA) Trend Breakdown: Noted breakdown of the uptrend line since October 23. Make sure to keep an eye on these...

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The ICICI Prudential Midcap ETF is currently exhibiting a technically significant dual rounding pattern on its chart, with one smaller rounding top pattern nested within a larger, longer-term rounding formation. The 21 level has emerged as a strong support zone. A breach of this level would likely activate the smaller rounding top pattern, potentially leading to a...

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Praj Industries Ltd has formed a rounding pattern from November 2023 to June 2024, followed by a breakout and subsequent retest. Although the price initially surged, the target has not yet been reached. Currently, the stock is trading in a range with support at 715 and resistance around 820. Recent high volumes suggest a potential upside breakout is imminent, with...

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The cup with handle pattern is a bullish chart formation resembling a cup with a slight consolidation (handle) on the right. A trading strategy involves entering a position when the price breaks above the resistance level at the top of the cup, ideally after confirming bullish momentum. Mankind Pharma is forming a cup with handle pattern on the hourly timeframe,...

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Infosys has formed rounded pattern and ready to breakout. Please note that breakout would be determine only when closing is above the neckline with above rising volume. We prefer clear breakout.

Arvind_Share_Academy Updated 

Capacite Infra is forming rising channel and also follow a particular timeframe. Price is printing Higher High and Higher Low makes the trend up. As per time analysis and interpretation of chart, we got a price target of 400. Expected time frame to achieve target would be 3-4 months Thank You Arvind Yadav, Cfa Arvind Share Academy

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Morepen Lab has formed a bullish flag pattern, and today it has successfully broken out. The price has retested the Fibonacci level at 38, where it formed a bullish piercing pattern, signaling potential upside momentum. Price take support of 50 period EMA. Additionally, this level coincides with a significant demand zone on the chart, suggesting strong...

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Triple bottom chart pattern activated in SBI Card.

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We are closely following Nazara Technologies and believe it’s poised for a breakout based on its technical patterns. Consolidation near resistance often suggests a potential for a breakout if the price action confirms it. If Nazara Technologies breaks through the 1020 level, it could indeed pave the way for further upside, potentially reaching your targets of...

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Let's break down the analysis provided for Grasim Industries Ltd based on the bullish flag chart pattern, as outlined by Arvind Share Academy. This is for educational purposes, so here’s how you might evaluate and implement such a trade: Trade Plan Breakdown Current Market Price (CMP): ₹2700 Context: This is the price at which Grasim Industries Ltd is currently...

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Price structure in Dalmia Bharat showing strength and forming Double Bottom chart pattern, but it will take some more time. We do not trade until we get complete formation and breakout. Please wait 1. Patience 2. Discipline 3. Courage 4. Confidence and 5. Consistency

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RCF is forming bullish head and shoulder chart pattern, waiting for upside breakout! Once breakout given we will update how to trade Head and Shoulder chart pattern and most of you know how to trade. Thank You Arvind Yadav, Cfa Arvind Share Academy

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1. Lower Tops and Lower Bottoms: This pattern suggests that the stock was in a downtrend after its initial listing, with each high being lower than the previous high and each low being lower than the previous low. 2. Consolidation: Since July 2024, the stock has been consolidating at lower levels. This typically indicates a period of stabilization where the price...