ProfitPattern1

ProfitPattern1 Updated 

Sunpharma looks Bullish as it has started forming HL and HH on Daily, Weekly and even on Monthly chart. On Monthly chart we don't have sufficient data but clearly a new high i.e. HH is being formed after a HL. Looks good for short term investment as well. 575 is important level, on sustaining this level, it can give good up-move in coming months.

ProfitPattern1 Updated 

On Weekly Chart, Jubilant Food looks Bullish and has not broken its structure since long times. Please read my previous study on the Jubilant Food. Currently on 1 Hours Time, stock started forming HL and HH, but not on DTF.... but on higher time-frame say Weekly, structure is very strong and still intact in uptrend. Also, stock is completing its Pullback...

ProfitPattern1 Updated 

Strides Pharma has consolidated horizontally since May'2018 to August 2020. (nearly 15 months) It has given a breakout in August 2020 and since then sustaining the price above the previous consolidation area. Recently it tested 594 and made a Wolf Wove Analysis Pattern where clear entry was made at 602. (please refer this pattern in chart below in...

ProfitPattern1

General Study Nifty has already tested 0.382 retracement level. In most of scenarios where healthy retracement is needed, 0.50 retracement is very common and usual. And in that case, price bounces from 0.382 first, then again come back to test 0.50 value area. Wherever a deeper retracement is needed it even test 0.618 value area too but it is not most...