NSE:HDFCLIFE had been under performing since March 2021, making lower highs while facing resistance against T2 but taking supports approximately at the same level again and again over T1 and crafting a flat bottom triangular pattern. Now, we may be able to see a bull run as it seems to give a breakout by breaking T2. Like & Follow for new updates.
NSE:BANKNIFTY has shown us a fabulous bullish rally. If we look at the price action then we may be able to see that it is forming a rising wedge pattern which generally corrects the price of the security, causing a fall. At the current moment, we should not initiate any position between the range of 35550 to 35200 (NO TRADING ZONE). Levels are on the chart. TRADE...
NSE:ESCORTS had been in a range/channel since mid April 2021, taking supports over T1 and facing resistance against T2. Now, once again it may take support over T1 and may bring the bulls in. Like & Follow for new updates.
HDFC AMC has made a falling wedge pattern and also gave a breakout. This is a sign of getting ready for a bull run. Target 1 : 3025 Target 2: 3225 Stop Loss : 2695
NSE:PEL had been in a downtrend since the start of March 2020 while facing resistance against T2 and support over T1, crafting a pole & flag pattern. From mid April, it has been trading in a range (T3 & T4) after getting a 50% retracement. We can see bullish breakout that may give us a good upside move in future. Like & Follow for new updates.
NSE:NAUKRI is looking to bring a good bull run in it. It had been facing resistance against T2 and taking supports over T1. If we look in the smaller time frame then we may see that it has crafted a pennant pattern (T3 & T4) that has given us a bullish breakout and may bring the bulls in the stock. Like & Follow for new updates
NSE:GAIL has given a bullish breakout once again by breaking T3. One may re-enter in it with a stop loss below 145. Like & Follow for new updates
NSE:RELIANCE had been under performing from last 3 months approximately. At the current moment, NSE:NIFTY has its bulls on despite Reliance being under pressure. Now, we may see that NSE:RELIANCE has crafted a Pole & Flag pattern that may let the bulls take their charge and lift it up as well as NSE:NIFTY Like & Follow for new updates.
NSE:ITC has not given us a excellent upside move till now. At the current moment, it is crafting a falling wedge pattern ( T1 & T2 ) that has a huge potentially to kick in the bulls once a successful breakout occurs. Like, Follow & Share for new updates.
We have seen a huge crash in cryptocurrency recently and now they are trying hard to recover. At the current moment, we may see that bitcoin is crafting a pennant/triangular pattern (T1 & T2) as well as a falling wedge inside it which seems ready to give a bullish breakout and begin a bull run. Like, Follow & Share for new updates.
AUDCAD seems to be bullish as it has given a bullish breakout by breaking T3 while making a W or double bottom pattern. One may enter in it now with stop loss below. Like & Follow for new updates.
AUDNZD is trying to catch a bull run. It had took support 4 times over Trendline T1 and making a triangular pattern while respecting the trendline T3 & T4. If a successful bullish breakout occurs then we may initiate a buy position above 1.08100 with a stop loss below 1.07375 and a target of 1.10150.
NSE:BANKNIFTY has halted for last 2 days and now it may give us a good movement. 34400-34900 will be the NO TRADING ZONE. Plan is on the chart, just need to follow the price action. Like & Follow for new updates.
NSE:TCS has been taking supports over T1 and facing resistance against T2 while crafting a symmetrical triangular pattern which has given us a bullish breakout by breaking T2 and it may try to reach near all time highs for the 3rd time once again. Like & Follow for new updates
BINANCE:BTCUSDT had started to crash from 12 May, 2021 and has been in downtrend. At this moment, we can see that it has crafted a W pattern or double bottom pattern and has given us a bullish breakout by breaking Trendline T1. One may initiate a long position in it with a stop loss below 31000. Like & Follow for new updates.
NSE:MRF had started its rally from 55000 to 98500 and then retraced 50%. Currently we are able to see a wedge or pole & flag pattern in the chart which has given us a bullish breakout with low PCR and ready to move towards sky. One may trade it as per price action. Like & Follow for new updates.
Chart says everything. Silver has been taking supports over T1 and facing resistance against T2. Currently it is moving in an upward channel (T3 & T4) which may continue higher or crash till it gets another support over T1, depends upon the news and events. Long or short positions can be initiated as per the price action that will appear in upcoming days. Like &...
EDUCATIONAL NSE:BPCL is following smooth and pure action. It has been taking supports over T1,facing resistance against T2 and crafting a flat top triangular pattern while getting squeezed. NSE:BPCL had also made a falling wedge pattern inside the triangle and too respected it. I had entered in it at 419.2 with stop loss below 400 and patiently waiting for my...