Nifty is following Ascending Channel Pattern since Jan2024, made a Hammer Candle on 15april, now 23000 seems possible, it may look ambitious but as per the size of Hammer Candle 23k is the target. Even if it doesn't touch 23k, there is probability of Nifty touching 22850. 2nd scenario: AT 1hr chart Nifty is facing Resistance since 16april, following an upward...
SURYODAY has made Cup & Handle pattern at Weekly chart. Retest is done. Gave Breakout above 190. Probability of moving up, it may consolidate near 220 and then move up towards the target. For my learning and digital record purpose only.
Nifty is following the Ascending Channel Pattern at 4hr and Daily chart. Today it has taken the support at the lower Trendline, which is near 22050-A strong support. Market may reverse from here following its previous Trendline chart pattern. Nifty is also making a Double Bottom at 15min chart, a Hammer candle at 1:15pm and RSI divergence are visible, probability...
ABCAPITAL has made Cup & Handle Pattern at weekly chart, gave breakout now high probability of going up. For my learning and digital records purpose only.
Tata Power is in Upward Trend since 18jan, making HH and HL. Made Bullish Engulfing Pattern at 4hr time frame on 14mar, following 9EMA rule too. Chances of going up in next week. For my learning and digital records purpose only!
Infosys is making a Double Bottom chart patter at DAILY CHART. Made a Hammer Candle on 4april and made another 2 candles under it, good RSI divergence, probability of going up. For my learning and digital records purpose only.
ARVSMART is making Triangle pattern at 4hr chart, Red Hammer Candle at 9:15am at 4hr chart on 13mar. Inside Bar candle at 9:15am.Also following 9EMA rule. On 12mar it made a Bullish Engulfing pattern at 4hr time frame and today again gained 10points in the volatile market when Nifty50 was down by about 400points. For my learning and digital records purpose only!
TRIL is making Triangle Pattern. TARGET probability-350 as per Trendline movement at 4hr chart. May touch 395 if breaks the Trendline. For my learning and digital records purpose only.
LATENT VIEW is making Rounding Bottom at weekly chart, following an upward Trendline since July 2023 at Daily chart, making HH & HL, Hammer Candle on 14march. Company's decision to acquire Global Analytics Firm has boosted the share price on 28march. Seems positive in nearer future. Only for my learning and digital records purpose!
ZENSAR TECHNOLOGIES is Making H&S pattern at Weekly chart. Retest is done. A strong Green candle on 18mar crossed 560, now need another green candle completely closing above 560. For my learning and digital records purpose only!
Nifty has made H&S pattern at 1hr chart, now a strong candle at 15min chart will decide the CE or PE move, chances of Nifty going up in coming days and make a new High as per price action analysis. Right now its at Resistance level, tomorrow's move will decide further market action. For my learning and digital records purpose only.
INFY is making Ascending channel pattern at Daily chart since April 2023, at a Good Support. Also making Double Bottom at Daily chart, Hammer candle on 4april, 9EMA rule is also working. Now chances of going up from here but need a strong green candle at 15min chart to confirm the same. For my learning and digital records purpose only.
Nifty is following the Trendlines as I posted on 1april. Today morning Nifty touched 22346 and then reversed, it is moving between the Trendlines, now awaiting a strong green or red candle to break the trendlines and decide the move, CE or PE? lets see. For my learning and digital records purpose only.
Nifty at 45min chart is making an Ascending Triangle Pattern, 22500 is a Resistance. Nifty is following the lower Trendline too, so it may touch 22300 on 2nd April. Today it has also made a Hammer Candle at 2:15pm at 1hr chart, which seems a reversal sign. It may move between 22300-22500. For my learning and digital records purpose only.
HITECH PIPES is making ascending channel pattern since Sept 2023 at Daily chart, making HH & HL. Made Inside Bar Candle on 13-14mar, Hammer Candle at Daily chart on 15mar. For my learning and digital records purpose!
Nifty 50 is making a Double Bottom pattern at 1hr chart, today reversal happened at 10:15am from the Hammer Candle. 5EMA rule is working. 21800 is an old Support, but if it breaks down then we may see 21600. For my learning and digital records purpose only!
KPI GREEN ENERGY is making Triangle Pattern at 4hr chart, Inverted Hammer and Inside Bar candle formation on 15mar, 3 candles have been made under Mother Candle. Also following 9EMA rule. For my learning and digital records purpose.
YUKEN is following the upward Trendline and in a Rangebound Pattern at Daily chart. As per Rangebound movement it should touch 790, which is an Old Resistance. If breaks 790 then it may touch 870. Bullish Engulfing candle on 18mar at Daily chart. Lets see... For my learning and digital records purpose only!