HELLO EVERYONE, You all can see the beautiful and clean chart of NSE:MCDOWELL_N on a Monthly Pivot-Point TimeFrame, where the following observations are crucial to note down and understand! -> Inside + Narrow CPR Setup depicts that the price movement for this month of April can be "Trending" which usually suggest a breakout or breakdown of a range-play...
Hey Pivsters, ↘︎ NSE:COROMANDEL chart is self explanatory seeing the momentum in PSU/PSE sectors and here the price is standing at a level of Yearly Breakout (YH4) . • Monthly Pivot Timeframe for reference ⇣ • ATH and 52W high Levels for reference ⇣
Hey Pivster's ★ Found out one interesting query in a public forum and thought to provide the explanation through a chart so that it can be documented for reference in future. Chart is actually self-explanatory as marked and constructed accordingly 🫶 ◉ Query: "During uptrends prices make lower highs whereas RSI makes lower lows..this is called positive...
Hello Pivster's ★ We see a beautiful chart of (Pivot-Points + Price-Action) on the street favourite and most watched stock by the bulls to provide them a power booster for the coming sessions if required. NSE:RELIANCE has off-late been in news for one of it's business subsidiary "JIO Financial"s stock market debut in the coming month. ➖ What can we...
Hello Pivster's ★ •As we saw Nifty50's initiative sellers applying an emergency brakes as soon as the Adani-SEBI verdict got postpone. •But, do you see a beautiful ' double bottom ' (M-pattern) been formed and completed it's target in confluence to a major support 19300. ⇲ My Pivot Auction Chart is posted below for reference: Now that we have a general...
So, got a lot of enquiries for explanation of today's movement by Indices and here I will try to summarise the entire context for ongoing price movement with the help of my very own "Pivot Auction Chart" 📶 ➖ To start with the general context of this week's price movement - 👉🏻 Currently both the indices are in grip of weekly participants (responsive). 👉🏻 So,...
Hey Pivster's So, as we know today was expiry for NSE:FINNIFTY1! and market had open with a bullish sentiment at the early hours of the opening bell with good buying force seen in initial minutes of the market as OPEN=LOW too. Buying force was submerged as the first 15min candle closed above the reversal camarilla pivot level H3...after that buyers were not...
Hey Pivster's NSE:BANKNIFTY having a beautiful and smooth weekly pivot auction chart where you can see the "support" (WH3-MH3 zone) turned into "resistance" alongside the Weekly Bearish GPZ setup. A brief synopsis for BankNifty: -> We see a gap-up opening in the month of July'2023 with the first 30m candle close above WH3 and MH3 zone. -> After making a...
HEY FAM, - As you see in the pictorial representation of NSE:NIFTY , the index took an upsurge at around 13th June, 2023 with a gap-up opening which happens to the level of previous month high (PMH). - Moving on we also see a PEMA crossover with an initial retest of price at Monthly H3 (MH3) level which shows that monthly responsive players are in action...
A beautiful pictorial description of the largest Indian company in terms of Market Cap, showing the apt confluence of pivots and price action.
Pure investment stock! Keep a watch on the current swap zone which might turn into a DZ zone once price break'out. #buyondips Pivot Reversal Levels: - Buy above 149 - Sell below 135.10
Another script for long term investment! long term triangle pattern can be seen on the chart with Monthly DZ as it's base, price tried to give a breakout but failed and RSI shows that clearly with a negative divergence. Fresh longs between weekly swap zone and hold for long term. Pivot Reversal Levels: - Buy above 145.20 - Sell below 135
This is a clear chart with marked DZ/SZ zones! One thing to notice here is the weekly swap zone (orange colour) which lies in between 165-175 approx. and one can clearly see how strong is this zone (auth zone) as the volumes speak for it's justification! Also, RSI is also coming to support the above probability by showing divergence compared to price. So, fresh...
A strong formation can be seen on the charts very clearly! 3yr Weekly Swap turned into DZ which is act as a very strong support now. A mild divergence was the reason for the stock to apply break on it's upside momentum but this will resume once the marked resistance levels (orange lines) are conquered. Pivot Reversal Levels: - Buy above 544.50 - Sell below 487.50
Another script from the JK group following the same pattern of multi-year breakout! A 5yr resistance breakout - retest and an impulsive move. But, have a look at the RSI, this is still strong applying break to the upside momentum of the stock. Hence, watch for a dip till weekly DZ (green box) for entering in this script. Pivot Reversal Levels: - Buy above...
Stock seems to be a buy on dip stock! Price has been following breakout pattern and then retrace for a retest of breakout levels! Can be considered an SIP stock too with buying on dips/retest. Pivot Reversal Levels: - Buy above 7013.40 - Sell below 5772.20
Price has manage to breakout a 6yr long zone (orange one) and now it is turned into a strong swap zone! Moving on further, there is a fresh Monthly supply zone from where price has reacted recently. Also, a rounding bottom formation can be seen on the chart which can further transform into Cup & Handle pattern. So, keep a watch on the price movement. Pivot...
A 3yr-long resistance breakout can be seen on chart and this has become a strong support now! Stock has rallied to new highs but mostly can come back for a retest to it's weekly DZ. Hence, buy around the retest level. Pivot Reversal Levels: - Buy above 279.40 - Sell below 242.90