SatpalS

SatpalS

Nifty is making a Triangle Pattern at 15min chart. As per Price Action there is Probability of touching 22300 on 16may. As per OI data 22200 is a good Support level and 22500 is a Resistance. Inflation news may push it towards 22500. For learning and education purpose only.

SatpalS Updated 

Nifty made Double Bottom at 1hr Chart on 13may, clear RSI divergence, made a Hammer Candle at 10:15am. Now 21300 seems a possibility. For learning and education purpose only.

SatpalS Updated 

Tata Motors is making a Triangle Pattern at Daily Chart, made a Hammer Candle on 19april. Following the 9EMA rule, probability of going up and touching 1035 in a few days. Now 944 has became a Support from Resistance in feb 2024. For my learning and digital records purpose only.

SatpalS

ZOMATO is moving in a Range since 4april, made Bullish Engulfing candle on 7may, gave breakout on 10may after 3-4 previous attempts, follow up green candle is also visible after the BO, Now there is a probability of touching 223 target. At Weekly Chart Zomato has made a Rounding Bottom, will discuss that once it achieves current target. For my learning and...

SatpalS Updated 

MARICO LTD is making H&S pattern at Daily Chart. Made Hammer Candle on 18apr at 2nd Shoulder, gave Breakout on 26april. For my learning and digital records purpose only.

SatpalS Updated 

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...

SatpalS

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.

SatpalS Updated 

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...

SatpalS

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.

SatpalS Updated 

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!

SatpalS Updated 

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.

SatpalS Updated 

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!

SatpalS Updated 

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.

SatpalS Updated 

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!

SatpalS Updated 

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!

SatpalS Updated 

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.

SatpalS

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.

SatpalS Updated 

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.