NeeteshJain

NeeteshJain Updated  Jan 27, 2017

It is been observed on the daily chart that the price action firstly forms a double bottom at 1140 levels and then went up and breaks above the previous resistance of 1215 levels. Then it consolidates in a downward channel or flag formation and now it has broken and closed above the channel/flag indicating further bullish move ahead. Target: 1250 Stoploss: 1200

NeeteshJain Updated  Jan 27, 2017

It is been observed on the weekly chart that the price action breaking above the current downward trendline, indicating buyers dominance over price action and a further move up. It has also formed inverse Head-n Shoulder pattern, which again indicating a reversal and a bullish move ahead. Target 1: 360 (1:1) Target2: 410 (1:2) Stoploss: 260

NeeteshJain Updated  Jan 27, 2017

It is been observed on the daily chart that the price action firstly breaks above the triangle consolidation and now breaks and closes above a major resistance indicating a bullish move ahead. Target: 755 Stoploss: 725

NeeteshJain Updated  Jan 24, 2017

It is been observed that the price action broke out from the trending channel and also retraces back to previous support levels on last trading day. It is to observe today that whether the price action goes up again and breaks the previous high of 18 (where we keep our stop loss) or it fails to go up and continues to the prevailing down trend and breaks previous...

NeeteshJain Updated  Jan 20, 2017

It is been observed on the daily chart that the price action breaks below the curcial support levels of 1030, now it shall further move down to next support levels. Target: 1014 Stoploss: 1034

NeeteshJain Updated  Jan 20, 2017

It is been observed on the hourly chart that the price action trending aggressively up from 7900 levels to 8450 levels (550+ points). Now, it is consolidating in a range of 8380 -8455 (75+ points). It is facing resistance at 8455 levels and made a double top at the same levels. Now, it is consolidating in a triangle and further breakout shall decide the movement...

NeeteshJain Updated  Jan 20, 2017

It is been observed on the Daily chart that the price action trending up in a channel and now facing resistance on the upper trend line, indicating selling pressure. Now, it shall correct a bit from current levels before further moving up. TATASTEEL Target: 458 Stoploss: 468 SAIL Target: 58 Stoploss:60.50

NeeteshJain Updated  Jan 19, 2017

It is been observed on the Daily chart that the price action trending up in channel and then consolidating in a big symmetrical triangle. Now, it has finally breaks above the triangle consolidation indicating a further move up. Target: 260 Stoploss: 242

NeeteshJain Updated  Jan 17, 2017

It is been observed on the hourly chart that the price action breaks above the symmetrical triangle indicating a further move up. Target: 336 Target: 340 Stoploss: 328

NeeteshJain Updated  Jan 16, 2017

It is been observed on the Weekly and Daily chart that the price action is breaking out from a downward channel as well as from pitchfork lines, indicating a further move up. Target: 600 Stoploss: 578

NeeteshJain Updated  Jan 13, 2017

It is been observed on the hourly chart that the price action breaks and closes above the descending triangle with long green candlestick, indicating a further strong up move. Target: 1365 Stoploss: 1335 Risk Reward: 1:1

NeeteshJain Updated  Jan 10, 2017

It is been observed on the daily chart that the price action first got into range and then breaks and closes above the range indicated bullish move. And now, the price action breaks above the prevailing long big trendline, indicating buyers in action and control over prices. It shall further move up from the current levels. Target 1: 150 Target 2: 153 Stoploss: 144

NeeteshJain Updated  Jan 10, 2017

It is been observed on the hourly and daily chart that the price action breaks below the descending triangle indicating a further move down towards the next resistance levels. Target 1: 955 Stoploss: 975

NeeteshJain Jan 9, 2017

It is been observed on hourly chart that the price action forming a Descending Triangle after the breakout from the Ascending Triangle. Now, Tomorrow breakout shall decide the further market movement. Regards

NeeteshJain Updated  Jan 9, 2017

It is been observed on the daily chart that the price action is forming a descending triangle indicating selling pressure by the big players. It shall further move down. Regards Target 1: 370 Target 2: 360 Stoploss: 385

NeeteshJain Updated  Jan 6, 2017

It is been observed on Daily and Weekly chart that the price action breaks above the prior downward trend line indicating a further bullish move ahead. Now, it shall further move up to 38.2% and 50% retracement levels. Target: 2800 Stoploss: 2650 Risk Reward: 1:1

NeeteshJain Updated  Jan 5, 2017

It is been observed on daily chart that the price action trending up in an uptrend channel, forming higher high and higher lows.

NeeteshJain Updated  Jan 5, 2017

It is been observed on hourly chart that the price action breaks and closes above 8220 levels and now it shall move up to cover up the previous Gap at 8250 levels.