Stars_StocksCharting

Stars_StocksCharting

Nifty on Daily charts have taken support at the white trendline trice from June24. The upward trendline is the most important hurdle and have failed. If the current white trendline is broken then Nifty can head towards 22700 zone first which the green trendline. Nifty tends to be moving in this channel for quite some time and if things go smoothly we can see the...

Stars_StocksCharting

Nifty Daily chart on top to top and bottom to bottom of last few days. There is another support line from he bottom of budget. The level of 24592 should be watched carefully. Any close below 20592 s a selling opportunity in short term. #Nifty

Stars_StocksCharting

ICICI Bank weekly chart. Last week's low is 1158. A daily close below this will open door for the trend line support area of 1048-1068. Not a buy sell recommendations.

Stars_StocksCharting

ICICI Bank weekly chart. Last week's low is 1158. A daily close below this will open door for the trend line support area of 1048-1068. Not a buy sell recommendations.

Stars_StocksCharting

Axis bank weekly chart at the bottom of the channel. It should mostly bounce back to the upper end of the channel. It closes below the channel, then it's a breakdown #banknifty #AxisBank

Stars_StocksCharting

Banknifty is forming a huge head and shoulders on 4 hrs chart. the targets from the breakdown points is approximately 4000 pts #banknifty #Selloff

Stars_StocksCharting

On a 2 hour time frame there is a slanting inverted head and shoulders pattern in formation. Please note that the break out can take some time and a close above44400 is required. The targets can be 46200. If you read and follow do boost for your support. For Retail by reatail

Stars_StocksCharting

Inverted cup and handle pattern on Banknifty 15 mins chart. Stop Loss can be 43524 and trade can be initiated above 43626 and targets would be 43950-75

Stars_StocksCharting

Nifty has almost formed inverted head and shoulders on 2 hours chart with neckline at 19836 and shoulder support at 19674. One can go long on close above the neckline for targets of 20800 in short to medium term. StopLoss for this Long trade will be hourly close below 19674.

Stars_StocksCharting

Nifty is trying to form inverted head and shoulders on daily time frame, but it's just an assumption or else it can go to retest the October lows

Stars_StocksCharting

There is a clear head and shoulders appearing on Banknifty. 4 hr time frame. The targets of which can be 43250 (200dema), 41200 and 39300. This is positional view and all upticks are sell with SL at 44586. There is also a clear double top on daily charts.

Stars_StocksCharting

There is a clear double top in Banknifty and one can short Banknifty on close below 43650. Possible targets 41200 and 39300

Stars_StocksCharting

On 2 hours time frame DOW is forming inverted head and shoulders, a breakout will be confirmed on close above 33850. The targets on the upside can be 34700

Stars_StocksCharting

A slanting channel on 2 hr time frame, a break out of which can lead towards 620 area and drop from the channel can bring the price to the lower end of the channel or the buffer support area. Beyond which it can retest 550-555 levels. but on the larger Daily Time Frame, its a head and shoulders in formation and a breakout of which will come above 620. Do like...

Stars_StocksCharting

The great N appears on Brent CRUDE with 100 Dema crosses over 200 dDema. #crude #oil

Stars_StocksCharting

DJIA Breakdown of head shoulders on daily charts. Any uptick towards the neckline is a sell. Expecyleveks of 32200 / 32500

Stars_StocksCharting

This FMCG giant is consolidating in the range of 2428-2723 from a long time. It is near the support levels. If there is a close below 2428, there can be a new downside in this counter. But if it sustains 2428 on closing basis then we may see 2723 again

Stars_StocksCharting

ICICIBANK has broken out of cup and handle. The breakout has also been retested. The target for this breakout is 1120.