Ravi_Singh_Chauhan

Ravi_Singh_Chauhan

NSE:MARICO has performed fabulous in the past and now buyers may think to book their profits. NSE:MARICO has crafted a rising wedge pattern ( T1 & T2 ) that has broke its supporting trendline T2 and may get ready to invite the bears. One may short it with a stop loss above 553. Like, Follow & Share for new updates.

Ravi_Singh_Chauhan

In the previous post, NSE:GRASIM had given us a false breakdown and moved towards our stop loss. Now, once again NSE:GRASIM has broken the supporting trendline and may get itself ready for a downside move. One may initiate a short position with a stop loss above 1615. Like, Follow & Share for new updates.

Ravi_Singh_Chauhan Updated 

NSE:GRASIM had framed a rising wedge pattern and looks like a successful break down has occurred. One may initiate a short position in it with a stop loss above 1600. Like, Follow & Share for more new updates.

Ravi_Singh_Chauhan Updated 

NSE:ESCORTS has been making HHHL ( Higher Highs & Higher Lows ) while trading in a rising channel/range ( T1 & T2 ). At the current moment, it looks like the price is taking support at T1 and may invite the bull gang to lift up the price once again. One may initiate a long position if price cross above 1180. Like, Follow & Share for new updates.

Ravi_Singh_Chauhan Updated 

NSE:RAMCOCEM had been taking supports over T1 and facing resistance against T2 while crafting a flat bottom triangle pattern. Now, it looks like it is ready to give a successful breakout (T2) and kick in the bull gang. One may initiate a long position with a stop loss below 948. Like, Follow & Share for new updates.

Ravi_Singh_Chauhan

In the previous idea posted on 26 May 2021 about NSE:NAUKRI (INFO EDGE), I had recommended to create a long position (BUY) with a stop loss below previous low of 4330. At the current moment, bull gang has banged the bear gang too hard, pushing the stock to higher levels. I too had taken a long position in it and booked a partial profit at 5097.95 and waiting...

Ravi_Singh_Chauhan Updated 

NSE:NIFTY is too hot to handle right now. If we look at the current scenario, it is creating huge volatility, making both the bulls and bears hold their heads. Global cues are under pressure. US market as well as European market ended in red on Friday and SGX Nifty is also showing weakness for the short term. As per the chart, we should avoid taking any...

Ravi_Singh_Chauhan

NSE:BANKNIFTY is currently framing a rising wedge pattern which has a high probability of breaking down side. If we look at the global trend, US and European market closed in huge red on Friday, breaking previous swing low and also SGX Nifty is indicating weakness. We may see a little correction in short term. Don't execute any trade in between 34540 to 34880 (...

Ravi_Singh_Chauhan

NSE:M_M has been trading in a range/channel from the starting of the June series. It is making drastic moves up and down sides making both the bull & bear players fearful to enter in the game. What's going happen from now onwards ??? Who is going to win, BULL OR BEAR ? Like, Follow & Share for new updates.

Ravi_Singh_Chauhan

NSE:HAVELLS may let the bulls rule over the bears. NSE:HAVELLS has crafted multiple price action patterns like Pole & Flag, Falling Wedge, Pennant. After getting a bullish breakout from falling wedge pattern, it got trapped in the pennant pattern ( T3 & T4 ) and the price is taking support at T3, now it looks like price may move upside once again. One may...

Ravi_Singh_Chauhan Updated 

NSE:HINDUNILVR is showing us multiple price action patterns like Pennant, Triangle, Pole & Flag, Cup & Handle. If we look at trendline 2 then we may see that it has given us a bullish breakout with good volume which has a high probability of getting the bulls in the game. Like, Follow & share for new updates.

Ravi_Singh_Chauhan

Bitcoin is showing us a smooth and simple price action pattern of inverted head & shoulder and looks like it has achieved a successful breakout and ready for a bull run after a retest. One may initiate a long position as per the price action. Like, Follow & Share for new updates.

Ravi_Singh_Chauhan Updated 

NSE:M_M has crafted a pennant/symmetric triangle pattern ( T1 & T2 ) that has given us a successful breakout by breaking T2 and getting itself ready for a big bullish move. One may initiate a long position with a stop loss below 797.50 Like, Follow & Share for new updates.

Ravi_Singh_Chauhan Updated 

NSE:DEEPAKNTR started to fall from its all time high of 1988, then from mid May it is in consolidation mode. Now, it looks like it's making a pennant/triangular pattern ( T1& T2 ) which is ready to continue the downfall till 1625 if successful breakdown occurs. TRADE AS PER PRICE ACTION. Like, Follow & Share for new updates.

Ravi_Singh_Chauhan

NSE:BIOCON had been facing resistance near 425 and taking support near 370 in the past. At this point of moment, we may see a triangular pattern ( T1 & T2 ) crafted inside the range which is ready to give a bullish breakout and bring in the bulls. One may initiate a long position with a stop loss below 382.5. Like, Follow & Share for new updates.

Ravi_Singh_Chauhan Updated 

Nifty had been trading in a range/channel from February to April while crafting a wedge, pole & flag pattern (T1 & T2) as well a flat top triangular pattern (T3 & T4) and seems it has successfully given a bullish breakout and will continue to rally with the bulls. Global cues were making all time highs while Indian market was under pressure due to local/domestic...

Ravi_Singh_Chauhan Updated 

NSE:IGL had been facing resistance against T2 and taking supports over T1 while making a triangular or pennant pattern. We may be able to see a successful bullish breakout ( T2 ) and low PCR right now and this may let the bulls take their charge. Like, Follow & Share for new updates.

Ravi_Singh_Chauhan

EDUCATIONAL : NSE:MUTHOOTFIN had been in a downward channel/range ( T1 & T2 ) after making a swing high of 1361.60. Later, it got trapped in a triangular pattern ( T3 & T4 ) within the range and achieved a breakout & brought the bulls in but soon it again came down and took support over T3 at point A. There it made a bullish hammer candlestick which confirmed...