NeeteshJain

NeeteshJain Updated 

It is been observed that the price action breaks and closes below 8500 levels yeterday on day chart, indicating further weakness ahead. Now, it shall move further down to next support levels of 8440-8400. Regards Target: 8440 Target 2: 8400 Stoploss: 8675

NeeteshJain Updated 

It is been observed that the price action on daily chart, firstly breakout from a downtrending channel, indicating bullishness. It did go up and now it is facing a high selling pressure at the resistance between 205-210 levels, which may correct the price action to 195 levels where again a heavy buying can been seen. Target: 195 Stoploss: 211

NeeteshJain Updated 

It is been observed that the price action is been forming Lower Lows and Lower Highs on daily chart indicating a weak trend move towards downside. It shows strong weakness and it shall be confirmed once the price action closes below 320 levels on daily chart. Target: 312 Stoploss: 332

NeeteshJain Updated 

It is been observed that the price action breaks below the previous support levels at 46.25 on daily chart, and now it shall move further down to next support levels. Target: 44.80 Stoploss: 47

NeeteshJain Updated 

After a strong weekly breakout from the strong support levels of 600-610, it confirmed the continuation of a downtrend. It has retraced back to the previous support and now the support levels are acting as new resistance levels. I believe now the price action shall go down to the next support levels at around 475 levels. It is an ideal time to short with stop loss...

NeeteshJain Updated 

It is been observed that the price action formed a descending triangle and now it has broken and closed below the triangle support levels of 860, indicating further bearishness ahead. Target: 836 Stoploss: 891

NeeteshJain Updated 

It is been observed that the price action firstly broke from a symmetrical triangle on daily chart, indicated bearishness in the price action. Now, the price action breaking new support levels and forming lower lows, again indicating further bearishness ahead. Target: 160 Stoploss: 175

NeeteshJain Updated 

It is been observed that the price action breaks and closes below the upward trending line on daily chart, indicating further weakness and bearishness. Now, it shall further move down to the next support level at around 252-250 levels. It is also important to note that it is facing a strong resistance at around 275-278 levels. Target: 252 Stoploss: 280

NeeteshJain Updated 

It is been observed that the price action formed a big red candlestick without much wick on daily chart, indicating complete dominance of sellers. It shall further take the price action down to next support levels. Target: 115 Stoploss: 128

NeeteshJain Updated 

It is been observed that the price action is trending down as it makes Lower High (LH) and Lower Lows (LL) sequence, indicating a down trend is continuation. Now, the price action breaks and close below crucial support levels of 1055 which indicates further move down to the next support levels at 1033-1030. It is also to be noted that the price action is in...

NeeteshJain Updated 

It is been observed that the price action forming a Bearish Bat Pattern on hourly chart along with Bearish Pin-Bar pattern, indicating short weakness ahead. Target: 1400 Target: 1382 Stoploss: 1440

NeeteshJain

It is been observed that the price action is moving up in an uptrending channel along with increasing volume indicating a bullish move ahead. As it is general saying in the market that when a stock prices move up with the sync to volumes then it tends to give a bullish signal. Target: 12 Stoploss: 8 Risk Reward: 1:2

NeeteshJain Updated 

It is been observed that the price action breaks above previous resistance level of 303 levels on weekly chart, indicating further bullishness and upward movement ahead. Target: 330 Target 2: 360 Stoploss: 272

NeeteshJain Updated 

It is been observed that the price action breaks out from a descending triangle on hourly chart, indicated further bullishness ahead. It is also important to note that the price action has broken and closed above the previous resistance levels of 684 which further confirms a further positive and strong move ahead irrespective of markets volatility. Target:...

NeeteshJain Updated 

It is been observed that the price action is consolidating in between 1060-1010 levels for past 55 days on a daily chart. It is 11 weeks and almost 3 months. This is called a Big consolidation and price war between buyers and sellers. Now, the price action got that big breakout from the consolidation as it closes below strong support level of 1010. Therefore, it...

NeeteshJain Updated 

It is been observed that the price action formed a big symmetrical triangle on hourly chart. Now the price action breaks and closes below the symmetrical triangle trendlines, indicating a confirmation on further bearishness ahead. Target 1: 563 (next support levels) Target 2: 550 (As per triangle measurements) Stoploss: 590

NeeteshJain Updated 

It is been observed that the price action was trading within a downward trendline and now, the price action breaks above the trendline and confirmed the breakout while closing above 75 levels. This indicated a buyers coming back and taking dominance over price action and now it shall further move up. Target: 79 Stoploss: 73.50 Risk Reward: 1:1

NeeteshJain Updated 

It is been observed on the daily chart that the price action forms a descending triangle shape pattern which is counted under a flag pattern due to it size. It is also been observed that the price action is breaking out from 83.50 levels, which is ALL TIME HIGH LEVELS. Therefore, the price action indicates strong positive sentiments, where buyers have full...