Hi All, Welcome to Thenali Views, Nifty has touched All Time High of 16000!!!! and Closed above it. Now the Consolidation at the resistance was broken and Bull Run will start... Let us wait for confirmation, Nifty to retest the Resistance turned into support of 15950. If Nifty sustained above 15950 go for Long. Buy - 16035 SL - 15816 ( Closes below in Daily...
Hi Guys, Welcome to Thenali Views, Let us see the my views in ONGC, ONGC has formed in the Bullish Trend, as Higher High and Higher Lows are formed and the script hasn't braked the last line of defense and new market structure was formed. And we can consider, that Morning Star was formed and the script has taken a support at the trend line and a double bottom...
Hi Guys, Welcome to Thenali Views !!!! We are hear analysis the Chart of Hero Motor Corp Ltd!!! Trend was in the Bearish . EMA 20, EMA 100 and EMA200 shows the weakness. The script has evidence the Bearish Harami Continuous Candle Stick Pattern at Support and It's clearly breaks the strong support. Now the script was formed in the Descending Triangle Pattern...
Hi All, Welcome to Thenali Views !!! We are now going to Analysis the SIS Ltd!!! Trend was consider to the bullish and strong trend. Script has formed Bullish Flag and Pole Pattern and has braked out. Now the script has retested the Flag and try to brake. If the script closes above 494 in Daily time . Go for Long Target - 530 SL - 487.70 ( Closes in Daily Time...
Hi Guys, Please find our analysis for Lupin Ltd!!! The Script has braked the Market Structure and Last line of defense of Uptrend and formed new Lower Low and Lower High which indicate the script has reversed his trend. Hence, We can Short the Market - Range of Short - 1182 - 1185 SL - 1193.70 ( Closes in Daily Time Frame) Target 1- 1155. Target 2 - 1135 Risk...
Hi Guys, Please find our analysis for ITC Ltd!!! Script has strong resistance at 220 and Trendline will act as the resistance too. Now the script has braked out the triangle pattern. Trend was reversed from downtrend to Uptrend as weekly chart was formed Higher Highs and Lower Lows refer the screen shot: Confluence Zone: 1. CPR Bullish Breakout 2. Price...
Hi Guys, Please find our analysis on ICICI Bank Ltd !!!! Trend was in Uptrend and Buildup was formed near the resistance zone of 679 and Pattern was braked out the triangle but resistance of 679 Sounds good. Hence, Based on Q1 Results the script movement will be on Monday. Go Long above 580 SL 649 ( Closes on Daily Basis) Target 746 ( Based on FIB...
Hi Guys, Please find the detailed analysis of my view in BankNifty!!! Time Frame of Chart - Daily Market Structure - Advance Swing Point - Swing Low to Swing High Last Line of Defense is Braked ? No What Type of Trend? Strong Trend - EMA100 ATR Volatility? Down and Flat CPR? - Bullish Bias What type of CPR? Extreme Narrow CPR Previous Virgin CPR is there?...
Hi Guys, Please find the detailed analysis of my view in Dabur!!! Time Frame of Chart - Daily Market Structure - Advance Swing Point - Swing Low to Swing High Last Line of Defense is Braked ? Yes What Type of Trend? Strong Trend - EMA20 ATR Volatility? Flat CPR? - Bullish Bias What type of CPR? Average Previous Virgin CPR is there? No Trend: Bullish Chart...
Hi Guys, Please find the detailed analysis of my view in Nifty!!! Time Frame of Chart - Daily Market Structure - Advance Swing Point - Swing Low to Swing High Last Line of Defense is Braked ? No What Type of Trend? Strong Trend - Healthy Trend - EMA50 ATR Volatility? Down CPR? - Bullish Bias What type of CPR? Extreme Narrow Previous Virgin CPR is there?...
Hi Guys, Please find the detailed analysis of my view in Bank Nifty!!! Time Frame of Chart - Daily Market Structure - Advance Swing Point - Swing Low to Swing High Last Line of Defense is Braked ? No What Type of Trend? Strong Trend - Healthy Trend - EMA50 ATR Volatility? Down CPR? - Bullish Bias What type of CPR? Extreme Narrow Previous Virgin CPR is there?...
Hi Guys, Please find the detailed analysis of my view in Mphasis Ltd!!! Time Frame of Chart - Daily Market Structure - Advance Swing Point - Swing Low to Swing High Last Line of Defense is Braked ? No What Type of Trend? Strong Trend - EMA 20 and Healthy Trend - EMA50 ATR Volatility? Flat CPR? - Bullish Bias What type of CPR? Extreme Narrow Previous Virgin CPR...
Hi Guys, Please find the detailed analysis of my view in State Bank of India Time Frame of Chart - Daily Market Stricture - Advance Swing Point - Swing Low to Swing High Last Line of Defense is Braked ? No Current Trend: Bullish to Follow Trend Reversal Pattern found in Candle Stick: No - Doji Pattern (Indecision Pattern) Volume Support the Reversal based on...
Hi Guys, Please find the detailed analysis of my view in Castrol India Ltd Time Frame of Chart - Daily Current Trend: Bullish Trend Reversal Pattern found in Candle Stick: Yes - Bearish Engulfing Volume Support the Reversal based on Candle Stick : No Whether EMA50 Cross EMA200? Cross ATR Volatility? Down Chart Pattern: Triangle and Parallel Channel Build Up...
Hi Guys, Please find the detailed analysis of my view in RIL Time Frame of Chart - Daily Current Trend: Bullish Trend Reversal Pattern found in Candle Stick: Yes - Morning Star Pattern Volume Support the Reversal based on Candle Stick : Yes Whether EMA50 Cross EMA200? Cross ATR Volatility? Down Chart Pattern: Triangle Build Up happened before /after the...
Hi Guys, Please find the detailed analysis of my view in Escorts Ltd Time Frame of Chart - Daily Current Trend: Bearish Trend Reversal Pattern found in Candle Stick: No Volume Support the Reversal based on Candle Stick : NA Whether EMA50 Cross EMA200? Cross ATR Volatility? Down Chart Pattern: Triangle Build Up happened before /after the breakout of the Chart...
Hi guys, Chemcon was recently launched IPO company in 2020, the listing was good after that the script has received to the low of issue. Over period of time the script was in the consolidation zone and today it was good breakout was identified in the script. Hence, now the script was in the Long Bullish side ride will be awaited . Buy once the script retest to...
Hi Guys, Jyothi Labs has braked the triangle breakout and now the script need to retest the at the range of the trend line. Once the script retest, go for Long. Buy - Above (153-154) SL - 135 Target - 215 Regards, Thenali Views Disclaimer: Kindly do your own analysis before executing the trade.