Index Chart- Nifty Auto- Formations- 1. Index trading in ascending Channel 2. Index near resistance and zone selling seen 3. Reversal confirmation below 10000 level 4. 10300 is the resistance level.
Index Chart- #NIFTYIT Formations- 1. Trading in Big Ascending Broadening Wedge Pattern 2. Finally index showing uncertainty after a big move 3. 26190 is confirmation support on the chart. 4. 27000 is Resistance level.
Update & New chart- #UPL one of my Favorite stocks moving nonstop from last and we notice this stock before this movement and this was part of my 121st chart-book. UPL moved almost 10% from last week and now again same stock at fresh breakout.
Reliance- Formations- 1. Stock trading in Descending Triangle Pattern 2. Stock still between consolidation range no breakout and breakdown 3. Above 1980 level we can see major breakout (sustainability matter) #TA
New Chart- #NIFTY- 15Min Formations- 1. Index trading at imp support at 14260/50 2. If Index break this we can see major downside 3. Index overview is bearish so for bullish movement we need 14400 above nifty, 4. Resistance at 14350 level. #TA
KEI- Formations- 1. Breakout in Pole and flag pattern 2. Breakout supported by candlestick and volume. 3. Next resistance at 570.00 4. Support near 470.00
PVR Formations- 1. Stock trading at an important resistance level near at 1490/1500 level and if stock cross this we can see fresh breakout. 2. We have seen some consolidation also near resistance so if this break range we can see major move. 3. Support will be near 1440.00 4. Upside possible towards 1550/1600/1650++ #TA
All Levels and Explanation available on chart
Godrejprop formed perfect pattern for positional trade
Banknifty post consolidation near ressitance levels in 15Min chart with doji now reversing from upside and now we will witness for downside towards support levels which is today's low and yesterday's close.
Nifty- Nifty yesterday down and manage to close near support which formed by recent resistance levels, and this level will play major role, if Nifty able to break 11,850 level and sustain below this more than 30/45Min we can major downside movement or if Nifty able to hold support confirm reversal by open interest or other things like candlestick etc. we can see...
Nifty Bank - Bank nifty trading below breakdown in Ascending Channel but now Bank nifty holding small supports near recent strong support levels and trying to bounce from here post indecision candlestick formation near support. If Tomorrow Bank Nifty able to break 21,200 level and sustain above this we can see 200/400 points bounce or if Break 21,000 level and...