Atul_Tirole

Atul_Tirole

Sharp Fall is Expected in Natural Gas. As it has taken resistance at rising trend line on Weekly Charts. Historically NG forms Rounding bottom formation and now it completed its cycle. see charts for detailed analysis about the forecast.

Atul_Tirole

Buy finpipe above 210 stop loss 189 tgt open with Trailing SL of black line on closing basis

Atul_Tirole

Buy above 77 stop loss 67 on daily closing basis with 5% buffer on low TGT Open Trail SL Middle Band on daily closing basis

Atul_Tirole

Buy Reliance when Daily Closes above 2480 Stop Loss Closing below 2350 on Daily Closing Basis and low break with 5% Buffer TGT Open and Book P&L when it daily closes below 20 SMA and break low with 5% buffer

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BUY HDFC ABOVE 2685 SL 2620 DAILY CLOSING BASIS TGT 2870 / 3500 REASON: 1> Long Consolidation Break Out after an Established Uptrend 2> Consolidation Resistance Level has been already retested 3> RSI Sustaining above 60 Level 4> Good Expected RR Ratio

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BUY DLF BETWEEN 350-355 SL 335 TGT 420 DLF is bullish in Monthly and Weekly and now it gave break out after sustaining above resistance level.

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BUY DMART AT CMP 3450-3455 TGT 4000 SL: DAILY CLOSING BELOW 3379 REASON: 1> RSI Sustaining above 60 2 > Blue Zone Started with Rising Volume and BOX Breakout 3 > Box Formed in Established uptrend

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CRUDE OIL POSITIONAL VIEW Symmetrical Triangle Breakout in Established Up-Trend RSI Sustaining above 60 Level Look it for Bullish Entry Above 5080 or Between 4900-4950 Target - 5300/5700 Stop Loss - Daily Closing below 4890

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Ascending Triangle with Consolidation at Resistance Level (Breakout Level ) with Increasing Volume in Green Candles

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1> Major Resistance Break out after after consolidation near resistance level 2> Bollinger Band Squeez Break Out with high volume 3> RSI sustained above 50 since Nov 2020 and now crossed above 60

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<> 1) Wave 2 never retraces more than 100% of wave 1. 2) Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5. 3)Wave 4 does not overlap with the price territory of wave 1 <> Rule 1 >> Wave 2 Retracement is only 38.2% Rule 2 >> Wave 3 Longest among all 5 waves Rule 3 >> Wave 4 Didn't Overlap Wave 1 <> Currently Price has...

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Since Starting of year 2009, SBIN trading in broader range of 350-150. In this zone it has created 3 Major Levels 1) Support Level 2) Middle Level 3) Resistance Level 1) Support Level: Journey started from July 2009 when SBIN took support at its previous Swing High of 150 Zone. After that it became such an important level where it works as Support for another...

Atul_Tirole Updated 

There are many Price Action Patterns indicating that Bank Nifty can start fresh downside rally. For More details: Follow above analysis

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Major Support Level Break Down RSI was not above to cross above 60 Level Closing RSI Below 40 can increase the downside momentum Rising ADX Crossing above 20 and -DMI took support at 20 indicates that trend may take strength now Price Action = Formed Lower Swing High and Lower Swing Low Most Recent Swing high is very near to the Major Support Level

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Adanient Gave Flag Bullish Pattern Breakout Supported by ADX, RSI , Moving Average and Inside Bar Formation

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We have identified some technical reasons of recent fall in Indian share market in Fab-Mar 2020. After that we saw a sharp upside rally but in middle of Sep we are finding some major technical reasons which can move the market further downside.

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After Bollinger Band Squeeze Break Out it is sustaining on high level. RSI also confirming its upside momentum.

Atul_Tirole

Berger Paints is trading in strong uptrend in Monthly and Weekly Time Frames It has already been bounced from Major Support Level and 20 Days Moving Average. RSI also took support at 60 Level. Today it broke the Previous Swing High of 581.95 and made the intraday high of 583.10. Now if it breaks the level of 584 then strong upside rally is expected to be seen