Nifty broke its old November 2024 low - 23200. It seems to be making H&S pattern. OI data is bearish. There is probability of market going down more. Now 23200-300 may act as Resistance. If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ For learning and educational purposes only, not a trading advice. Pls...
JioFin has reversed from an old support, there is probability of it comleting the Double Bottom. Hammer candle formation at 45min chart and RSI divergence is also visible. If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ For learning and educational purposes only, not a trading advice. Pls consult your...
Zomato seems to be making C&H pattern, Hammer candle formation at the low of handle. Crossing 50 ema. There is probability of touching 304 level from here, once it crosses the neckline of C&H then we can decide the further move. If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ For learning and educational...
ZOMATO - CUP & HANDLE - DAILY CHART. Zomato seems to be making C&H pattern, Hammer candle formation at support level, which may also serve as the low of handle. It is right above 50 ema. If it breaks the low of this Hammer then this pattern will not be valid, and it may take support at around 265 level. If you like my analysis, please follow me as a token of...
If Bank Nifty breaks 51600 then there is Probability of going up. Resistance: 51600, 52000 Support: 51500, 51000 If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
Tata Motors is almost 40% down the the ATH, seems a good opportunity to Invest for long time perspective. It is trading below 50ema and making a Double Botom pattern at daily time frame. RSI divergence is clear. Right now at an old support. In case it goes down further then it may touch 665-670 levels. In that case it will make Triple Bottom pattern. Nifty Auto...
Made Inverted Head & Shoulder, made Hammer at 2nd shoulder, Probability of going up. If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
PFC - DOUBLE BOTTOM - 30MIN CHART. If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
Tata Power has given Breakout of the Trendline, crossed 13ema, there is probability of going up. It may re-test before the reversal. It has reversed from an old support. If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ For learning and educational purposes only, not a trading advice. Pls consult your...
Today it was Nifty's weekly expiry and as usual it didn't do anything, just spent time and ate premiums. Now Nifty has made a Triangle pattern, it is facing continous Resistance at the upper Trendline and taking support at lower trendline. A strong Hammer candle formation. Now there are two strong reason of an upside move, first the Hammer candle+Triangle pattern...
BN is moving in a Range. Nowadays Nifty doesn't give much move during the expiry day and BN was also under pressure due to that. PRO is buying from last 3-4 days and has increased its position, so there is strong probability of market giving a good upside move on 27dec. If you like my analysis, please follow me as a token of appreciation...
NIFTY50 - H&S & TRIANGLE PATTERN - 30MIN CHART. First 15min candle will decide the direction. 23750 is a make or break level. If it follows the H&S pattern then there is strong probability of going up. There is a Hammer candle at 2nd shoulder. If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ For learning and...
BANK NIFTY - H&S PATTERN - 30MIN CHART Probability of going up but 51500-600 is a Resistance. If BN breaks it then it can give a good upside move. If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
JIOFIN - TRIANGLE PATTERN - WEEKLY CHART. Jiofin is making Triangle Pattern. It has gone below 50ema at Daily time frame, standing at an old support. There is probability of a small reversal from here. It may also spend some time in consolidation between 300-330 and give reversal around the Budget on 1st feb. If you like my analysis, please follow me as a token...
NIFTY50 - TRENDLINE RESISTANCE - 60min CHART FIIs and PRO are still selling. Nifty call OI data looks weak. 23300-23000 seems the next stop. Its a Sell on Rise market. Resistance: 23800, 23900, 24000 Check Nifty50 monthly analysis here... If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com For learning and educational...
NIFTY50 - ASCENDING CHANNEL - MONTHLY CHART. Nifty is currently trading within an ascending channel and remains significantly above the 50 EMA. On the weekly chart, it is forming a double bottom pattern. The recent market decline is attributed to the US Fed's rate cut and hawkish commentary. Based on technical analysis, open interest (OI) data, and market news,...
USHAMART - TRENDLINE RESISTANCE - 30min CHART Analysis based on Price Action strategy. For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
TILAKNAGAR INDUSTRIES - TRIANGLE PATTERN & DARVAS BOX PATTERN - 2HR CHART. Analysis based on Price Action strategy. For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.