NARESHRAJUPRO

NARESHRAJUPRO

Observe stock consolidating in a tight range after a good 10% upmove. can be a good buy moving out of this range for another 8-10% move towards all the time for Indian hotel. Always follow proper allocation with risk mangement.

NARESHRAJUPRO

Just a heads up Looks like a C&H formation Great opportunity in future In better times

NARESHRAJUPRO

Accumulation after rally Forming a good range Look for a close outside the box & ride for next target.

NARESHRAJUPRO

BTC give a breakout of falling channel Can test recent high Looking good for bigger targets

NARESHRAJUPRO

Either 26 or 20 Trend confirmation on horizontal levels breakout

NARESHRAJUPRO

Break of this Triangle can see lower levels 1860$ 1800$ Can be tested in coming days

NARESHRAJUPRO

Good For long term Price moving higher with volumes Acclimation seen by FII & DII Good Fundamentals

NARESHRAJUPRO

Gap support area on higher TF Forming HL on hourly TF BO above today high can confirm strong short covering upmove

NARESHRAJUPRO

Closing on monthly in higher levels breaks RSI divergence. Or major reversal can be seen if market closing back with weak candle confirmation of heavy supply above Leading a structural sideways to downtrend.

NARESHRAJUPRO

Interesting formation on weekly Higher side Breakout negative for Indian markets Lower side breakdown needed for Nifty 50 all time high

NARESHRAJUPRO

BTC NOW FORMING HH HL ON 2HR.

NARESHRAJUPRO

ON MONTHLY CHART BNF IS FORMINH HH HL ON 2 OCCASIONS IT BROKE UPTREND 1ST - DURING 2008 CRASH 2ND - DURING 2020 COVID CRASH MARKET WENT INTO SIDEWAYS CONSOLIDATION FOR 4 YEARS BETWEEN 2011 TO 2014 CURRENT HIGH 37700 NEEDS TO BE TAKEN TO CONFIRM HH HL ON BNF THEN 30400 WILL BE NEW SWING LOW

NARESHRAJUPRO

1. IMPORTANT SUPPORT RANGE - 34900 TO 34750 BREAK CAN LEAD GAP AREA SUPPORT @ 33600 TO 33400. 2. IMMEDIATE SMALL RESISTANCE @ 36550 (SLOPING TRENDLINE & RECENT SWING HIGH) 3. FINAL BREAKOUT RESIS TANCE @ 37300-37800 RANGE

NARESHRAJUPRO

Price near support & previous breakout area. can go long above 136 with SL below 129 for targets of 147 162. Holding time 1 - 2 weeks