JPALANISAMY

JPALANISAMY Updated 

After a Long consolidation, HDFCBANK was given a Trendline Break-Out. Looking Bearish. SL &TGT as per Chart

JPALANISAMY Updated 

The exact Price Action Marked in Yellow, will be followed there.?

JPALANISAMY Updated 

Inverted Head & Shoulder pattern Break-out & Volume are to be confirmed along with a retest.

JPALANISAMY Updated 

1. 4th time approaching the top of the Channel. 2. If the Weekly price is sustaining above 2560. 3. RSI moved below 40 & reenter into 40, which may bullish sign. Reliance may break the Channel @ 2650 and take some time to break 2750.

JPALANISAMY Updated 

Nifty Trading within 2 Channel Patterns; 1. Weekly Channel & 2. Daily Channel Pattern. Expected Sideways for the Next 2 Weeks as shown in Fig.

JPALANISAMY

Nifty 50 trading within 2 Channels. 1. Weekly Channel, 2. Daily Channel As per the previous price movements, Expected sideways for 2 weeks (1st week may be moderately bullish & 2week sideways)

JPALANISAMY Updated 

Nifty Trading with in Range 18130-17800 wait for breakout for trending moves

JPALANISAMY Updated 

Falling Three Methods-a bearish, five-candle continuation pattern TGT & SL as shown in Fig.

JPALANISAMY Updated 

1. Nifty in UP trend. 2. Nifty Find Strong Support at 17777 (Monthly)& took consolidation from 17777 to 18266 3. If Nifty Gives close above 18300. Then Double Bottom Pattern will be activated. The targets are as above.

JPALANISAMY Updated 

Descending broadening wedge in the weekly time frame. If a Break out happened we see a bullish movement in nifty 50 Bullish above 17820 1st Tgt. 18320 2nd Tgt. 20000 3rd Tgt. 20900 SL 17700

JPALANISAMY Updated 

1. Stock @strong bearish trend 2. Trading below the 21 EMA & 200&21 EMA cross over happened 3. Hour chart an Wedge pattern break-out given 7-oct-2022 Looking Bearish Stop loss- 6400 1st Tgt-5900 2 nd Tgt-5700 3 rd Tgt- 5200

JPALANISAMY

A Simple trading Idea Using 15 Min Chart combined with RSI & SMA (14 period) Traditional Inference by using 30/70 levels Reading Above 70 - Overbought Reading Below 30 - Oversold Buy: RSI crosses Above 30 with good volume. Sell: RSI fall below 70 mark with huge Volume

JPALANISAMY Updated 

Weekly: - Bearish Engulfing Pattern Break-out given in bottom Side (Pattern Lower low-17484). Wait for Retrace @ 17520/17540 and go for Short with Stop loss 17920 1 St TGT- 17190 2nd TGT- 17000 we can move up to 16720 with trilling Stop Loss.

JPALANISAMY

Day candle Spinning top & RSI between 40-60 Expected Sideways. if BO happened. 17512 for downside TGT. 17920 for Upside TGT

JPALANISAMY Updated 

Day-Chart Bearish candle & Dark Cloud Cover Pattern, The range was 17771-18092. The following levels are act as Resistance-17963, 18060, 18187&18282 for upside movement and 17862,17783 ,17635 & 17484 are Supports down side movement.

JPALANISAMY Updated 

Spinning Top candle; Which means indecisive and the Day range was 18015-18088. The following levels are act as Resistance-18088, 18178 & 18251; 17977, 17910,17783 & 17697 are Supports.

JPALANISAMY Updated 

Bullish Candle with rejection @ Top from the Resistance level of 17967. The following levels are act as Resistance-18000, 18100 & 18251; 17910,17783 & 17697 are Supports.

JPALANISAMY Updated 

1. Channel Pattern BO; Weekly Close & 2 Day Close confirmed. 2. Weekly low (16411) BO. 3. Wait for retrace & Entry between 15970/15900 SL 16120 TGT. 14150 (1ST-15258/15000; 2ND 14618)