NeeteshJain

NeeteshJain Updated 

It is been observed on the Daily chart that the price action breaks below the pennant or symmetrical triangle formation, indicating a further move to downside. It shall further reach down to support levels. Target : 750 Stoploss: 785

NeeteshJain Updated 

It is been observed on the hourly chart that the price action making a higher highs and higher lows, indicating further up move ahead. It is also observed that the price action may reach out to the gap zone to fill up the Gap. Target 1: 61 Target 2: 63 Stoploss: 58

NeeteshJain Updated 

It is been observed on the daily chart that the price action breaks above the downward trendline and it shall now move forward to 38.2% and 50% retracement levels. Target: 355 Target: 360 Stoploss: 341

NeeteshJain Updated 

It is been observed on the daily chart that the price action breaks and closes above resistance levels, indicating positive move ahead. It has also made a higher high and higher low indicating buyers dominance over price levels, which may further take up the price action. Target 1: 2370 Target 2: 2400 Stoploss: 2300

NeeteshJain Updated 

It is been observed on the daily chart that the price action forms a bullish Marubozu candlestick pattern with a breakout from a downward trend line indicating buyers dominance over the price action and control over prices. It shall move further up to next resistance levels. Target 1: 332 Target 2: 340 Stoploss: 312

NeeteshJain Updated 

It is been observed on the daily chart that the price action breaks above the previous resistance of 508 levels, indicating buyers taking control over price action. Now, it may further go up to 520 levels to cover and fill up the previous Gap down. It shall also trigger a big trendline breakout from there on. Regards Target 1: 520 Target 2: 525 Stoploss: 500

NeeteshJain Updated 

It is been observed on Hourly chart that the price action breaks from the symmetrical triangle formation and came down and retrace back to the previous support which now acting as resistance. Now, it shall further move down. Target1: 309 Target 2: 302 Stoploss: 321

NeeteshJain Updated 

It is been observed on daily chart that the price action breaks above the downward trendline indicating Buyers empowering over Sellers and now it shall further move up. Price action is still consolidating in a range of 430-460 levels. Target 1: 450 Target 2: 460 Stoploss: 434

NeeteshJain Updated 

It is been observed on the hourly chart that the price action shall pull buy from the strong support levels as the buyers are active at the levels. It shall move further up. We also see the divergence on the hourly chart as well. Target: 29.50 Target 2: 30.50 Stoploss: 27.50

NeeteshJain Updated 

It is been observed on the hourly chart that the price action went up sharply to cover and fill previous gap down levels at 7970-80 levels and now facing resistance at current levels. If it closes above the resistance levels or the Gap levels then it may further go up or if it closes 7950 levels then it shall again go further down.

NeeteshJain Updated 

It is been observed on the hourly chart that the price action breaks and gaps below the up trending channel on hourly chart. It is indicating a bears come back with strong pressure. Now, it shall further go down to the next support levels. Target: 350 Stoploss: 365

NeeteshJain Updated 

It is been observed on Daily Chart that the price action breaks and closes below support zone of 66-65 levels indicating sellers dominance over price action. Now, it shall move further down to the next support zone at around 60-61 levels. Target 1: 63 Target 2: 62 Stoploss: 65

NeeteshJain Updated 

It is been observed on Weekly chart that the price action forms a bearish pin-bar candlestick pattern indicating rejection of higher price action and seller dominance over price action. Now, it shall further move down to next support levels. Target 1: 800 Target 2: 750 Stoploss: 880

NeeteshJain Updated 

It is been observed on Daily chart that the price action breaks below another support levels indicating high pressure of selling and Sellers control over price action. It shall further move down Target 1: 3040 Target 2: 3000 Stoploss: 3125

NeeteshJain Updated 

It is been observed on daily chart that the price action forms a Bearish Pin Bar Candlestick formation indicating Buyers exhaution and Sellers taking over the price action. It shall further put the price action down to previous support levels at around 74. Target: 74 Stoploss: 79

NeeteshJain

It is been observed that there are some candlesticks pattern which describes the sentiment and movement of buyers and sellers in the market. It is observed that when a Green Bullish Candle with no to little wick in bottom found after a downtrend indicates a buyers come back with full dominance over price action as there will be no lower wick which means no selling...

NeeteshJain Updated 

It is been observed on the daily chart that the price action forms a Bearish Head and Shoulder pattern where sellers are active in the market and put much pressure on buyers to push prices down. Now it shall further move down as the pattern indicates. Target 1: 1800 Target 2: 1785 Target 3: 1760 Stoploss: 1920

NeeteshJain Updated 

It is been observed on hourly chart that the price action breaks above downward trend line indicating a further move up. It shall now retrace back to 50 fibs level at around 475 levels.