THENEWCREATION

THENEWCREATION Updated 

SOME BANKS are trading similar patterns, for example, BANKINDIA, UCOBANK, INDIAN OVERSEAS BANK. so, sometimes it is obvious that the same sector, the same or nearby price has same price action but is differentiated by the time zones. once the script crosses the resistance of 100-101 it can easily travel to 130. please suggest your view on this. this is only a...

THENEWCREATION Updated 

Good pattern on daily time frame. Target and stop loss are also visible clearly. keep an eye

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On monthly time frame, the price is near the high where it was before 10 years, lets see if it breaks the supply zone. Disclaimer applied

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trade as per the supply and demand zone. check volume support. profit booking and new buyers can be seen simultaneously. observe the chart carefully and plan the trade.

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the pattern is about to brake. immediate important level/ resistance is at 258 RS if breaking upward the resistance will be converted into targets. Bank Sector is booming day by day be careful while trading For educational purposes only.

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The CESC has given breakout after a long time the stock moved 15 rs in two days and now consolidating on a range of all time high. a good support of 200 and 100 EMA let's check what happens on this monthly channel, in the price range of 108 to 115 is good buy For education purposes only, invest at your own risk.

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ALPA broke the 108 all time high, now it requires to sustain over 108 for further journey. we can see consolidation but this time as positive market sentiments it can be a Bullrun for alpa. this study is only information purpose.

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The pattern is broken now, the consolidation from May 2022 to Dec 2023 is broken and traveling towards the high. plan accordingly, and don't forget to check the pull-back and fire.

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A good double-bottom pattern the double bottom pattern is almost 88% accurate as per theory. so if the target is required to be set. the trade will be active after 411 rs and the stop-loss will be 395 rs. the target will be +52 rs and then trailing the stop-loss for good profit. this is for study purposes only and not investment advice.

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As per the trend it has two weekly support. currently trending in channel bellow 50 SMA. as per the demand and supply rule, it has to react from 1. 175 RS if daily channel breakout is done. 2. if stop-loss hits then it can react from either of the supports or react from the combination of the two support zones. tell me if anything is missing from my...

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The price is reacting to the channel pattern. on a daily time frame the pattern is retesting the levels and the price is very near to the monthly supply zone. so it can be a trap that people will think to buy the script once the daily price moves upward and then it react to the monthly supply zone. be careful in this trade.

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IRFC is not having a good history (for charting on the chart). but can be look after for good trade setup with daily timeframe.

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PSB has been trading in the channel since 2011, will it break the channel and show some break-out? Volume: trading volume also shows some indications that people have increased interest in the script.

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STUDY ON RELIANCE POWER A good supply zone at 3 months time frame. can buy ABOVE 30 RS IF THE THREE MONTHS RESISTANCE LEVEL CROSSED.

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TV18 STUDY (FOR STUDY ONLY) TV18 view 3 months: Going toward the supply zone 1 month: going toward the supply zone 1 week : very clear view of trend Will it be going towards 74 and onwards? let's see. please suggest if there is anything i need to watch during marking the trend. thank you in advance.

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TECHNICAL STUDY ON UCOBANK (STUDY PURPOSE ONLY) on the monthly time zone, the red lines indicates UCOBANK has played multiple time support and resistance in this zone. let's see what happens next. if it break the zone probably it can reach up to 85 to 86. a short hurdle on 52-53 range. please correct me if any corrections in analyzing the chart. thank you in advance