NeeteshJain

NeeteshJain Updated 

It is been observed on the hourly chart that the price action firstly consolidated in a descending triangle and Yesterday it breaks out and closes below the triangle indicated further bearishness in the price action ahead. Now, it shall move to 8000 support levels. Target: 8000 Stoploss: 8150 Risk Reward: 1:1

NeeteshJain Updated 

It is been observed on the daily chart that the price action breaks below 470 support levels indicating bears dominance and now it shall further down towards next support levels at 442-438 levels. Target: 442 SL: 480

NeeteshJain Updated 

It is been observed on daily chart that the price action is breaking out from a downward trendline with an uptrend channel formation. It is slowly and gradually moving up the price levels while respecting the resistance and support levels of the said uptrending channel. It shall further move up to the next resistance level at around 460-65 levels. Target:...

NeeteshJain Updated 

It is been observed on daily chart that the price action previously formed a long big red candlestick indicating seller dominance in the price action who are pushing the price down. Today, it is also observed that the price action opens up high but the seller dominance put the prices down again, indicating further bearishness and dipping of prices. Target:...

NeeteshJain Updated 

It is been observed on daily chart that the price action shows a bullish hammer at major support levels indicating a buyers come back and a positive move ahead. Target 1: 464 Target 2: 475 Stoploss: 399

NeeteshJain Updated 

It is been observed on the monthly chart that the price action breaks below previous important and major support levels of 970-940 indicating a big bearish move ahead. It shall now move further down to next support levels at around 750 levels in next few months. Target 1: 852 Target 2: 800 Target 3: 785 Target 4: 755 SL: 1015

NeeteshJain Updated 

It is been observed on hourly chart that the price action breaks below and closes below crucial support levels of 1300-1288, indicating further bearishness ahead. Target: 1260 Stoploss: 1360

NeeteshJain Updated 

It is been observed on the hourly chart, that the price action breaking 8400 supports and now reaching out to the 8300 levels before turning around. Target: 8310 Stoploss: 8450

NeeteshJain Updated 

It is been observed on hourly chart that the price action breaks above the downtrending channel with a big bull candlestick indicating strong bullishness ahead. It may correct after this big move but now it shall reach out to previous resistance levels at 125 levels. Target: 125 Stoploss: 110

NeeteshJain

It is been observed on the hourly chart that the price action breaks and closes above the previously down trending trendline, indicating a strong bullish move ahead. Now it shall further move up to next resistance levels at 210. Target: 210 Stoploss: 193

NeeteshJain Updated 

It is been observed that the price action moving up making Higher highs and higher lows. It also breaks above new resistance and now it shall further go up Target: 177 Stoploss: 166

NeeteshJain Updated 

It is been observed that the price action breaks out from a symmetrical triangle on a daily chart, indicating a strong selling and further weakness ahead. It is important to confirm the breakout with a close below 350 levels. T1: 325 T2: 310 T3: 300 Stoploss: 370

NeeteshJain

It is been observed that the price action touched the strong support levels at 8000 levels and retrace back due to high buying pressure. Now, it is assumed that the further down fall can only be possible if the price action breaks and closes below 8000-7900 levels.

NeeteshJain Updated 

It is been observed on the daily chart that the price action picks up from the support levels at 1025, now it shall move to previous support level which is now act as resistance levels. Target: 1095 Stoploss: 1020 Risk Reward: 1:2

NeeteshJain Updated 

It is been observed on the daily chart that the price action forms a bullish harmonic pattern called cypher pattern where the Leg D is reaching 78.6% retracement levels. Now it shall retrace back to 38.2% of CD leg. The pattern shall be validated unless it breaks below the stoploss placed at previous support levels. Target: 78 Stoploss: 72.50

NeeteshJain Updated 

It is been observed on a daily chart that the price action forms a bearish harmonic pattern known as Bearish Garltey pattern where the D leg is near to 88.6 retracement levels of XA leg and also 1.618 Fibs extension of AB leg. Now it shall retace back to 38.2% levels of AD leg at around 290 levels. Target: 290 Stoploss: 305

NeeteshJain

It is been observed that the price action is overall trending in a uptrend channel with a short correction in downtrend channel highlighted in blue. Now, on the result day it may touch the resistance level at 280 levels or may go down to 260 levels to next support. Upside: 280 (Resistance) Downside: 260 (support)

NeeteshJain

The Harmonic Bat is a variation to the Gartley pattern which was developed by Scott Carney. It is considered to be one of the more accurate patterns exhibiting a higher success rate than any other harmonic patterns. The bat pattern might look similar to a Gartley 222 Butterfly pattern but differs only minutely in terms of the Fibonacci ratios between the...