Hello and welcome to this analysis India's large private bank has been in a sideways trend for over 2 years now. It appears that this sideways trend could continue further until it breaks above 1850 on the upside or 1750 on the downside. The Relative Strength of the stock with its parent index Bank Nifty and with Nifty is not showing any signal as of now for...
Hello & welcome to this analysis. Stock has been on a strong uptrend ever since it broke above its 5 years high near 80. Currently at a parallel channel and Ichimoku target/resistance. Accumulate on dips till 120 and or wait for sustenance above 150 for further upside would be my strategy in this stock. Happy Investing
Hello & welcome to this analysis HANG SENG is entering the PRZ of two bullish Harmonic Trading Patterns in the monthly time frame, Cypher and Butterfly. The index has been in a downtrend since 2017, the potential reversal zone is between 14450-13950 would also coincide with a probable parallel channel starting from 2008. In India the Nippon India ETF Hang Seng...
Hello & welcome to this analysis Nifty at the lower end of a parallel channel which matches with the trendline breakout. As long as its above 21575 it could do another ATH towards the upper end of the parallel channel. All the best
Hello & a warm welcome to this analysis Stock appears to be consolidating near its ATH level of 197 with strong support at 175 and then 165-130. Probable upside levels could be 245 & 345 in the medium to long term Happy Investing
Hello & welcome to this analysis The stock since its listing has been a rank outperformer and is currently trading at its Fibonacci trend extension of 1.27 of its 1st leg of uptrend. It has short term support at 3400, below that at 2900-2550 Medium term resistance comes in at 5100 Appears to be a good stock to accumulate on dips with a decent risk reward ratio...
Hello & Welcome to this analysis Stock has entered in the PRZ of a Bearish Harmonic Bat Pattern in the monthly time frame suggesting a retracement 135-115. The pattern gets negated above 188 - X pt of the pattern. Since this is a monthly structure it could see a longer period of consolidation before it either does a distribution and dips down or after a...
Hello and welcome to this analysis A small cap stock which has done very well since its listing 25 years back. Currently within a weekly triangle that could be coming to an end and an uptrend could resume once again. All the best with your investing Regards
Hello & welcome to this analysis The index saw a super duper reversal from a Bullish Harmonic Bat in end October near 4100. Now it has an immediate resistance coming up near 4600 where we might see some consolidation, above that it enters into the PRZ of a Bearish Harmonic Alt Shark near 4650 which could trigger some profit booking. From 1 harmonic pattern...
Hello and welcome to this analysis Stock has had a dream run and is approaching a resistance in higher time frame with a wedge formation taking place in lower time frame. Needs to hold 1860 for further continuation of trend. Immediate resistance at 2025 All the best with your investing
Hello and welcome to this analysis Bank appears to be in a lower time frame triangle suggesting the probability of a potential breakout. Off late has been an underperformer compared to other large private banks in the recent run in the banking sector. Extreme narrow range 1480-1540, broader range 1350-1775 Good opportunity to buy the dip and / or the breakout...
Hello and welcome to this analysis The index has always performed in line with the Nifty except in the brief period of 2018-2020 when it underperformed. Currently attempting to break above the rising trendline formed in the Monthly time frame with crucial support near 42000 and next resistance near 45000 Check out the outlook of the Nifty Small Cap Index from...
Hello & welcome to this analysis on the index The index has had a dream run since April of this year. What lies ahead? Does it continue its outperformance or does it lose its shine and starts seeing profit booking? Currently at a resistance in higher time frame with support quite far. The Dec quarterly candle and the Jan monthly candle will give clarity for...
Hello and welcome to this analysis Stock has seen a very strong upmove after a 15 months triangle consolidation. Next resistance at 250-300 with support coming in at 170-135 Got listed in Dec 2021 so needs some more data in the weekly and monthly time frame for a more clearer perspective. Happy Investing
Welcome to this analysis Stock had a dream listing and a very strong 2 years bull trend. Post that it saw a sharp retracement. Now, it appears to once again attempting another rally after making a double bottom in the weekly time frame. Range for short term 725-690 for medium term 900-650 Happy Investing
Hello & Welcome to this analysis GIFT NIFTY 4 hourly chart in the PRZ of two bullish Harmonic Patterns - Alt Bat and Crab. The Alt Bat gets negated below 19200 while the Crab gets negated below 19150. Sustaining above 19350 the probability of a rally/bounce would be high. Regards
Hello and welcome to this analysis Maruti has been a rank outperformer now for 2 decades. Stock has currently reacted to a resistance suggesting probability of some more pullback. Overall stock has tremendous potential for further upside over medium to long term. Investors could look at an opportunity to add via SIP in the broader range 9500-11000 while traders...
Hello & welcome to this analysis Stock has been a rank outperformer giving multi bagger returns but after lengthly periods of sideways correctives as can be seen since its listing. Currently also in its corrective with no clear direction indication in any time frame. All the best