NeeteshJain

NeeteshJain

On Hourly Chart of Nifty, I have observed a formation of Ascending Triangle, where we have two almost equal horizontal highs points and Three Higher Lows with Doji formation at the touch of trendline. This pattern is bullish pattern and indicates accumulation. Look forward to a breakout with strong candlestick on either side.

NeeteshJain

Since 13500, the price action is moving up steadily with consistent rally and breakouts. Building new highs and new lows on weekly chart. This week it has done the same thing and breaks out from previous consolidation. It signals bullishness in the price movement and now 19700 or 20000 seems achievable by next week. It is good time to go long on private and...

NeeteshJain

This price action is trending up with good volumes and now breaking out from downward trendline. It can also be said as a short term trend change. It is good time to cover shorts and buy long positions in this one with first target to Fibs of 61.8 at 77-78 and stoploss of 73

NeeteshJain

The price action broke out from the consolidation symmetrical triangle and as per its measurement target is expeccted to reach at 145 levels. Target: 145.40 Stoploss: 135.40

NeeteshJain

On hourly chart, the price action has confirmed a breakout of resistance that shall take the price action to next resistance and psychological level of 170. Stop loss 166

NeeteshJain

It is been correcting for a while under the downward trendline, Yesterday it broke out from that trendline and now we shall see a rally up to the level of 51. Target 1: 51 SL: 46.50

NeeteshJain

It is a good time to U.S. currency as it is trending up in channel as showed on technical chart. Target: 0.9200 SL: 0.8750

NeeteshJain

The price action is been range bound in this pair for a while and now I'm looking forward for a big breakout in it. I would appreciate if anyone could share their opinion on it or post something related to it. Regards

NeeteshJain

After long continuation downtrend, yesterday the price action breaks through the downward trend line with hugh volume and also at the same time breaks out from a short Flag pattern. It signals a strong trend change and a bullishness in price action. The price action shall move towards the previous support at 570 levels and another strong support at psychological...

NeeteshJain

After trending channel breakout, the price action has got into expanding triangle. It shall breaks down towards previous resistance area and confirm it with new support levels. Target: 1205-1200 SL: 1250

NeeteshJain

I have observed that the price action of ICICI on monthly chart is trending up and building a clear leading diagonal. It is been moving in 5-3-5-3-5 waves pattern that is narrowing gradually with the price action. At present, It is been observed that the leading diagonal has completed its Wave 1, Wave 2, Wave 3, Wave 4 and now it is preceding towards the...

NeeteshJain

The price action breaks above its all time resistance level with a high volume, it signals a bullishness in the price action. I would suggest to wait for the correction in order to buy this again. Good opportunity to invest in this after a correction to previous resistance level.

NeeteshJain Updated 

The price action breaks from the previous support and now it may proceed to further down to the levels of 47. Good time to short. Target: 47.17 SL 49

NeeteshJain Updated 

After a breakout from a big rectangular consolidation, it signals a sell for now to a target of 480. The target has been measured (as shown in purple arrow) that matches with support levels. keep a Stoploss 1 499

NeeteshJain

Today's rally of 10% with huge volume certainly gives a bullish signal to it. I believe this will break through the price action of 116 levels and then it may surely reach to previous resistance levels of 125-127. Good Buy With SL 104.50

NeeteshJain

The Price action has been trending up, starting up from 372 levels and now approaching to 600-610 levels. Today's breakout from 575 confirmed uptrend. Now we will be reaching previous resistance level of 600-610. Expected Target1: 600 Sl: 569

NeeteshJain

After a big breakout from 300 levels, it is been consolidating for a while and now it seems like a symmetrical triangle and it is high likely to breakout downside as it may retest 300 levels to confirm a new support. Looking forward for tomorrow's price action. Target (If go down): 300 SL 312 Target (if go up): 318 SL 308

NeeteshJain

If Nfity breaks and close below the strong support levels of 8579 than we might see a extended downward rally till the next support levels of 8500- 8475. if it breaks that too than a trend reversal rally may be seen and a big sell off. For now, we need to keep a close eye on today's close and check whether it closes above 8579 or below to shuffle our positions...