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.
BANK NIFTY - HORIZONTAL CHANNEL - 60MIN CHART Analysis based on Price Action + Data. For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
ASIAN PAINTS - HORIZONTAL CHANNEL - WEEKLY CHART. Analysis based on Price Action + Data. For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
Coal Indian is making two patterns at daily time frame. There is clear RSI divergence and Hammer candle formation. Once it gives the Breakout of trendline then one may think about taking the trade. Price Action based analysis. For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
Shanthi Gear is at a good support, faced Resistance at Trendline 5 times, there is probability of a reversal if it gives a Breakout of the Trendline. For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
BANK NIFTY is making Double Bottom pattern at 2hr chart, it is facing around 51000 levels. If breaks it then it may go up further. For learning and educational purposes only, not a trading advice. Please consult your financial advisor before investing.
ADANI POWER has faced Resistance at the upper trendline multiple times. Its been 5months since it has been facing the resistance. Now it is taking support at an old support level since last month. If it breaks the trendline resistance then it may give a good upside move. But wait for Re-test after the Breakout. It may go up to 670-75 and then re-test at around...
POWERGRID is facing Trendline Resistance at Daily time frame. It gave Breakout and now re-testing it. It is right above the 200MA. There is probability of reversal from this level, one may keep an eye on it. Right now at a good support. In case it goes down then it may touch 295-290 levels. For learning and educational purposes only, not a trading advice. Please...