Dinesh_C_Nagpal

08:01

Dinesh_C_Nagpal

Hello & welcome to this analysis Auto ancillary stocks at strong support levels suggesting a bounce/reversal from current levels with them forming Bullish Harmonic Patterns in weekly time frame BOSCH - Alt Shark MOTHERSON - Alt Shark SONACOM - Cypher Today's candle were very strong, one can look to add on follow through confirmation or on pullback, the risk...

15:07

Dinesh_C_Nagpal Updated 

Hello & welcome to this analysis Will Gold continue to surge ahead or is it set for a pullback now. In this video I have covered the levels for Gold Comex as well as Gold MCX & Gold ETF All the best

Dinesh_C_Nagpal

Hello & welcome to this analysis Since May 2024, Silver (Comex) has surpassed $32.5 only once and failed on 4 attempts (including Fri - 14th Feb). Silver (MCX) has surpassed 96500 only once and failed on 3 attempts (one less due to $:INR impact). Is this setup a complex H&S in the making (multiple shoulders)? I have my doubts on that because the weekly and...

Dinesh_C_Nagpal

Hello & welcome to this analysis The index which attempted a bounce on Tuesday failed to breach above 23250, today it is again witnessing selling pressure. A bullish Harmonic Alt Shark could pause/stop this decline near 22675 which is the lower trendline of a falling channel apart from it being the monthly Ichimoku support area. Further decline could take it...

Dinesh_C_Nagpal

Hello & welcome to this analysis The index in daily time frame is retesting a Bullish Harmonic Gartley pattern made in end January which coincides with the formation of a wedge pattern and a double bullish divergence. A bounce back could be possible if it manages to start sustaining above 20850 for 21500-22500 however, if it breaches the lower trendline of the...

08:14

Dinesh_C_Nagpal

Hello & welcome to this analysis FMCG sector appears to be doing better then other sectors after a very long time with Hindustan Unilever having a large weightage in the sector Strength signal - Since 2008 it has never violated the Quarterly Ichimoku Base line nor the Monthly Ichimoku Cloud. Near these support levels it becomes a very attractive value buy. This...

Dinesh_C_Nagpal

Hello & Welcome to this analysis A bullish harmonic Gartley has been formed suggesting upside levels of 275 - 285 as long as it does not break 257 All the best

12:58

Dinesh_C_Nagpal Updated 

Hello & welcome to this analysis In this video I have covered Nifty Next 50 Nifty Small Cap Index Nifty Mid Select Index Nifty Energy Index Bank Nifty Nifty Metal Index All analysis are based on the multi time frame study of Ichimoku and Harmonic Trading Patterns Hope it helps you in identifying trend direction with support and resistance for the coming days...

Dinesh_C_Nagpal Updated 

Hello & welcome to this analysis Today's gap down has covered the gap up made on 6th Nov and completed the formation of a Bullish Harmonic Gartley. Sustaining above 5850 will confirm the reversal

Dinesh_C_Nagpal

Hello & welcome to this analysis The relative strength of Nifty vis a vis Small Cap index is showing signs of a reversal from its slanting trend line after a period of 56 months of underperformance. What does relative strength (RS) signify? It suggests whether the underlying financial asset (in this case Nifty) is outperforming or underperforming against another...

09:04

Dinesh_C_Nagpal

Hello & welcome to this analysis PSU Banks which had been outperforming Private Banks and the broader market since 2020 have since June 2024. It has for now stopped the lower high formation, for more strength it needs to sustain above 7250 and confirm a higher low formation. Happy Investing & Trading

13:35

Dinesh_C_Nagpal

Hello & welcome to this analysis In the short term it appears to be under pressure mainly due to the strength seen in DXY. In the medium to long term its in the completion of a very large breakout, we might not see the current price level for decades after 1-2 quarters of 2025 All the best for your Investing and Trading

07:39

Dinesh_C_Nagpal

Hello & welcome to this analysis Hang Seng will it turn up from here or will it remain an underperformer compared to other global indexes. Covered the index and Mirae ETF for HK Happy Investing

15:12

Dinesh_C_Nagpal

Hello & welcome to this analysis In this video I have covered Nifty Next 50, Bank Nifty, Nifty IT, Nifty Oil & Gas and Nifty Realty indexes. You can check out my coverage of sector analysis done earlier on November 16 also in the link below Happy Investing & Trading

Dinesh_C_Nagpal

Hello & welcome to this analysis The index is in the PRZ of a bearish Harmonic Butterfly pattern in the daily time frame. It will get activated if the index starts moving below 44300 for a pullback to the slanting trend line shown in the chart

Dinesh_C_Nagpal

Hello & welcome to this analysis Stock has activated two bullish harmonic patterns within the same potential reversal zone - Deep Crab and Bat. As long as it holds 135 it could retest 190-200 (gap area), above that 225-235 (area of distribution before breakdown) Decent risk reward set up for medium term perspective

10:16

Dinesh_C_Nagpal

Hello & welcome to this analysis Stock in weekly has made a double top formation. Failure to hold 130 could take it down to 90 which is its breakout area. Short covering above 142 with resistance at 150 in the short term and 180 in the medium term Happy investing and good luck with your trading

11:48

Dinesh_C_Nagpal

Hello and welcome to this analysis The bank has been an underperformer against both Bank Nifty & Nifty since 2020. It has been in a sideways range of 1625 - 2000 since the last 40 months. Short covering above 1760 with a bullish harmonic bat near 1640 Happy Investing