Dinesh_C_Nagpal

Dinesh_C_Nagpal

Hello and welcome to this analysis The index has formed a Bearish Harmonic Deep Crab in the weekly time frame. It is currently in the PRZ zone of 9050-9400. As of now its not showing any sign of weakness. If it starts sustaining below 9050 the bearish structure would get activated for 8600/8250. There is resistance between 9200-9250. One should wait for...

Dinesh_C_Nagpal

Hello & welcome to this analysis In the daily time frame it has now come to a falling trendline resistance which has also activated a Bearish Harmonic Reciprocal ABCD pattern. Coincidentally, the swing low was also formed with a Bullish Harmonic ABCD pattern. A retracement from here could take it to 102.75 and below that 102.15. The pattern would be considered...

09:46

Dinesh_C_Nagpal

Hello & welcome to this analysis A rank outperformer from its listing back in 1999, stock has a history of doing deeper retracements and then following it with much stronger rallies. Currently in the monthly time frame its forming a cup & handle pattern that suggests accumulation for yet another strong upside. However, in the short term it could see a dip if...

08:39

Dinesh_C_Nagpal

Hello & welcome to this analysis Stock continues to be in an uptrend in the higher time frame with resistance in the monthly/weekly time frame near 145. In the lower time frame its forming a wedge like structure with a small triangle. Resistance at 128.50 support at 124. The stock has been a rank outperformer and any dips to monthly / weekly support zones would...

07:41

Dinesh_C_Nagpal Updated 

Hello & welcome to this analysis TITAN - a TATA enterprise is moving towards its weekly time frame cup & handle breakout targets. On all time frames the stock appears strong with today Future build up suggesting fresh longs have been further added to it. Happy Investing

Dinesh_C_Nagpal

Hello & welcome to this analysis The H&S formation saw it complete its minimum breakdown of 1-1.27x Fibonacci extension. Today in the daily time frame it completed the formation of a Bullish Harmonic Gartley suggesting a reversal from the current level (3900) for 4250 and 4400 as long as it does not go below 3800. Happy Investing

Dinesh_C_Nagpal

Hello and welcome to this analysis Among all large private banks, this one has been an underperformer since October 2021. In the weekly time frame, Indusind Bank is completing the counter-trend leg of an Ichimoku Y wave. Ichimoku Y Wave formations are formed in triangle/diagonal formations. For further upside, it needs to start closing above 1100 on daily...

Dinesh_C_Nagpal

Hello and welcome to this analysis Like all PSU Banks saw a very good 2021 in terms of price performance thereafter in 2022 it went into a correction mode in line with market trend. The structure of the fall as can be seen in the chart is of a slanting channel currently. If it manages to break above 235 then 244 is the 1st line of resistance, above that 255 is...

Dinesh_C_Nagpal Updated 

Hello and welcome to this analysis on MCX Crude Oil. The overall structure of sideways consolidation now appears to be set for a rally which could break the falling trend line. Expecting it to bounce back to 8400 as long as it does not break below 7500

Dinesh_C_Nagpal

Hello and welcome to this analysis on BTCUSD In Jan 2022 it completed what appeared to be a sideways correction and activated a Bullish Harmonic Reciprocal AB=CD @ 33000. From there it went on to give a 38% retracement till 48000 by the end Mar 2022. The current decline is now testing the reversal zone of 33000. The next support below this is the crucial one near...

Dinesh_C_Nagpal Updated 

It continues to be on a strong uptrend and as activated a Bullish Harmonic Dragon suggesting further upside for 1100 and then 1500. Accumulation between 925-875 would be a preferred route

Dinesh_C_Nagpal Updated 

It has come to a very strong Monthly as well as Weekly support per ICHIMOKU. It could be a very good medium to long term accumulation zone (125-160) here for targets of 250/300 and more.

Dinesh_C_Nagpal Updated 

After a steep correction from 800 in January till 650, it appears to have resumed its uptrend. The weekly Kumo bounce is activated along with a strong demand zone in hourly being observed today. It could do 750-775 with minor resistance around 730. View would be negated below 670

Dinesh_C_Nagpal Updated 

After doing a steady decline till daily kumo support, it appears to know have given an hourly breakout. If this reversal continues it could rally till 325-330 as long as it does not break 303.

Dinesh_C_Nagpal

It has given a Bullish Harmonic Gartley reversal. It could retest 167/170, View negates below 158

Dinesh_C_Nagpal Updated 

A weekly reversal is taking place in the pair chart suggesting upside of 3.45/3.60/3.70, the view negates below 3.05 The bias is Lombard could outperform Prudential in short to medium term.

Dinesh_C_Nagpal

It appears to be completing its triangle in daily time frame. Breakout from this triangle could take it till 475. Accumulation appears to be happening in this zone of 420-430. View negates below 405

Dinesh_C_Nagpal Updated 

It appears to have completed its pullback and is now attempting to break above its slanting trendline. Short term resistance at 930, above that medium term targets 975 & 1025. Short term view negates below 885.