Candlesticks13

Candlesticks13

My analysis is only for my learning purposes. I am just charting student.

Candlesticks13

Banknifty as a sector is not performing, but i have a feeling that it will turn around. Axis bank is in a very good structure and is poised for a good growth in the 3-4 months. I say it becuase of the following reasons. 1) Bank Nifty will start performing and it's only a matter of time. 2) Axis Bank is in a very good structure and is heading close to 765 Which...

Candlesticks13

Asian paints is in an upper trend and currently in a small retracement on the back of the low volume. It has two possibilities -either move up or move down. I have a strong feeling, it won't go further down from here as: a) It is in an established uptrend, b) It is moving in a trend channel. c) Currently it's taken support at weekly CPR and POC. I am hopeful...

Candlesticks13

expecting retracement to 3500 level , will then take support at the middle trend line. Would then trend higher and move in the trend channel as shown. Please know that I am a charting student. This is just for my learning and educational purposes and others to comment to guide me. Thanks,