Ravi_Singh_Chauhan

Ravi_Singh_Chauhan Updated 

NSE:BAJAJ_AUTO was in a downtrend from last few weeks, making lower highs and lower lows ( LHLL ) respecting T1 & T2. At the current moment, it made a higher low and higher high while breaking T1 and this indicate a trend reversal that may bring the bulls in. One may initiate a long position with a stop loss below 3680. Like, Follow & Share for new updates.

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The price action pattern in NSE:INDUSINDBK is trying to attract the bull traders to join the move and push the price further higher. NSE:INDUSINDBK has crafted a pennant or symmetrical triangle pattern that has given us a bullish breakout and ready to soar the price higher. One may create a long position with a stop loss below 984. Like, Follow & Share for...

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After the fantastic bull move in May 2021, NSE:PVR is in a consolidation mode since the beginning of the June. If we come over the chart and try to analyze the price action, we may see that, it has crafted a bullish pole & flag pattern ( T1 & T2 ) and inside the pattern, there is another bullish pole & flag pattern that has given us a bullish breakout and ready...

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NSE:PNB is travelling in the parallel channel/range ( T1 & T2 ) since the beginning of the 2021. Right now, NSE:PNB is at its supporting level over the T2 trendline and may invite the bulls to pump in the funds to soar the price. One may initiate a long position with a stop loss below 35.3. Like, Follow & Share for new updates.

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After a huge erosion of market capitalization of about 20% from all time high in NSE:DRREDDY along with a significant correction in NSE:CNXPHARMA , it looks like NSE:DRREDDY is getting itself ready for a bounce back to hit the previous resistances. NSE:DRREDDY is travelling in a parallel channel and right now, it is taking support over T2 while beating the...

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NSE:CNXPHARMA had been in a corrective mood for past several days, eroding huge market capitalization of pharma stocks like NSE:AUROPHARMA NSE:DRREDDY etc. At the current scenario, NSE:CNXPHARMA stocks are trying to recover. NSE:CIPLA has crafted a triangular pattern ( T1 & T2 ) that has given us a bullish breakout and ready to soar. Like, Follow &...

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After the news flow about the NSE:ADANIPORTS in the market, it crashed like anything, eroding about 30% of the market capitalization from the all the high level. After a consolidation of more than 2 months, NSE:ADANIPORTS has broken the pennant pattern and ready to invite the bull gang to take the charge. One may initiate a long position with a stop loss...

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NSE:MGL is ready to shoot the bulls in the ring. NSE:MGL had been making lower highs and lower lows ( LHLL ) while framing a falling wedge pattern ( T1 & T2 ). Inside the wedge, it has broken a trendline T3 that pushes up the confidence of the bulls to create the long positions. Like, Follow & Share for new updates.

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NSE:M_MFIN has been underperforming since mid February, making lower highs and lower lows ( LHLL ). While being in the downwards trend, it was getting trapped in a falling wedge pattern ( T1 & T2 ) that looks like ready to bottom out now after breaking T1. One may initiate a long position with a stop loss below 138. Like, Follow & Share for new updates.

Ravi_Singh_Chauhan Updated 

If we look at the price action of the NSE:SBICARD in the past period, we may be able to see the W pattern, so called double bottom pattern and after that NSE:SBICARD went into consolidation mode for about 1 month while getting trapped into a flat bottom triangular pattern. At the current moment, it looks like it has achieved a successful breakout and may soar...

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It looks like NSE:HDFCLIFE prefer to be resting more over the support T2 than hitting the resistance against T1. NSE:HDFCLIFE right now is trapped in a parallel channel/range ( T1 & T2 ) and buyers are trying to soar the price to the upper level of the range after breaking T3. One may initiate a long position with a stop loss below 656. Like, Follow & Share...

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NSE:TITAN has been giving us fantastic returns by making higher highs and higher lows 'HHHL' but now it's time to take a breath. If we look at the current scenario, we may see that NSE:TITAN was trapped in a rising wedge pattern and has broke down T3, building up the short positions to plunge the prices. One may initiate a short position with a stop loss...

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NSE:RELIANCE right now is trapped in two price action patterns. First one is the rising channel/range pattern ( T1 & T2 ) in which it may take its 5th support and then continue to soar. Second one is the falling wedge pattern ( T3 & T4 ) that may push the price down once again to take the support at T2 & T4 at point 1. Wait for the clash between the Bulls & the...

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NSE:PETRONET has been trading in the range of 210-280 for about 1 year. At the current moment, it looks like NSE:PETRONET has taken its support over T2 while crafting a falling wedge pattern ( T1 & T2 ). It has broken another trendline T3 with a good volume that increases the confidence of the bulls. One may initiate a long position with a stop loss below 211...

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NSE:M_M has framed a triangular/pennant pattern and looks like we have got a successful breakout that may hold the eyes of bulls on it. In the higher timeframe, NSE:M_M has crafted a bullish pole and flag pattern. One may initiate a long position with a stop loss below 725. Like, Follow & Share for new updates.

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It looks like NSE:CNXAUTO has bottom out and ready to invite the bulls in the auto sector stocks. Bajaj Auto seems taking its 3rd time support over the Trendline T1 and now bulls may drag down the bear from the stage. One may create a long position with a stop loss below 3695. Like, Follow & Share for new updates.

Ravi_Singh_Chauhan Updated 

NSE:BHARATFORG has framed a pennant pattern ( T1 & T2 ) and broke its supporting trendline T1 that may boost the confidence of the bears. One may short it with a stop loss above 820. Like, Follow & Share for new updates.

Ravi_Singh_Chauhan Updated 

NSE:NAUKRI has given us fantastic bullish move since mid May and now it looks like it has to take some rest. At the current moment, it has crafted a rising parallel channel ( T1 & T2 ) and broke the supporting trendline T2 that may bring up the interest of the bears. It has also made a rising wedge pattern ( T3 & T4 ) that too given us a breakdown. One may short...