1) Trend Line formed with four touches 2) this time I am expecting a breakdown 3) There are Positive as well as negative news , sentiments in the market. So I am not so much bullish 4) Risk reward is favourable
Here one candle representing 1 hr OHLC data , 1) Daily Support is near 232 2) Head and shoulder pattern 3) Neckline is good We can expect an up Move from here till the next resistance zone.
This 34800 is Really a crucial level to watch carefully ,below this level we can see further 800 point move downside till 34000 . Movement in any direction will be big. I am expecting a fall ,a breakdown. If you want to create any position check the closing below 34800
This level is the most frustrating level I ever saw. Note only enter if it sustain above 145. otherwise avoide
1) consolidation Pattern 2) Gap , if breaks upside we can witness a short covering 3) Today market sentiments are good (supportive market) 4) overall sector looks bullish at least in intraday. note: very short term view
1) Resistance Zone tested for multiple times 2) Big Gap is there 3) Today we have witnessed a big and sharp rally 4) this short covering rally may further extend
What is double bottom pattern? A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound. How do you trade double...
1) multiple touches 2) exact touches 3) Curcical level in daily time frame also 4) Potential , it can give very risk reward favourable trade
Nifty is sideways after 19 oct 2021 after making an all time high of 18604 currently trading at 16100 down 13.5 % , The pain is more in IT sector as from all time high it corrected nearly 30%. This correction is also happening in price as well as time If you see last 6 month there is no returns in NIFTY Forget about returns many of my known investors are in loss....
1) Though our view was that it may give an upside breakout but it reversed like crazy 2) If you want to play banknifty breakout you need to see the resistance and support very keenly 3) banknifty is very fishy
The company was conferred with the status of Navratna PSU by Government of India on 22nd June, 2007. Under the Navratna status, the government has delegated enhanced powers to CPSEs having comparative advantage and the potential to become global players. The corporation is registered as a Non Banking Financial Company with the RBI. PFC is providing large range...
1) Exactness of this 145 level is very attractive very few times we see some exact level. 2) Earlier it was support now it is resistance 3) recently we have seen a channel pattern breakout 4) in very short term the trend is positive Note Look for buying opportunity only after breakout
Believe me there is no such table here .... Jokes apart have you ever thought why we are not what we might be , what is that problem which is creating a difference between our potential and our reality. I think that is our belief system every emotion whether it be of fear, greed, jealousy or any other emotion. Let me explore more on the relation of belief with...
1) Crucial support tested more than 3 times 2) Inverted Flag pattern 3) The consolidation is very tight 4) market sentiments are bearish today 5) Target is at crucial Support in daily time frame
1) this trend line is very crucial in long term 2) multiple times tested 3) seems that this time it may break down
1) 3 touches 2) Stock trading at crucial support on daily chart it is time to start adding this stock in portfolio for long term
who says price do not move straight. Look at this this stock from 5 went all the way to 1790 which is a 17x return.In a matter of last 6 months.
Please share your view in comment... 750 looks crucial for next week