In NSE:RAYMOND it is a bullish trendline and 6 times the trendline has played an important role of Support and Resistance.
NSE:SUDARSCHEM is again taking the support at the monthly timeframe trendline.
BSE:MISHTANN has broken the downward sloping trendline. Breakout this time?
Yesterday NSE:NIFTY had a gap down open, then went below previous day's low and then the sudden buying spike took it all the way up above the previous candle's high and managed to close engulfing the previous candle's body, Classic Bullish Engulfing pattern was formed. The next day will be the confirmation of the pattern. Bullish engulfing is a Reversal...
NSE:GRANULES has broken the Downward sloping trendline and managed to close above it in Upward Direction with heavy volumes. Targets for the same will be the previous peaks of the trendline. * It is my analysis and no recommendation to buy or sell
Is Bank Nifty trying to feel previous gap? Target / Support - 37950 Stoploss - 39518
Yesterday Nifty has filled one Gap. Can we see all the Gaps filled? Support 1 - 16,653 Support 2 - 16,339 (-3.55%) Will the fall stop after filling these gaps?
Bank Nifty 30 Mins chart Analysis. The Price target for this Double top was the height of the Top. Short trade was taken after the break of neckline and targets for the same are nearly done. * It is my Analysis and not a recommendation of Buy or sell.
Hindalco candle has managed to close below the channel breakout line and hence we can see the further downside. The price target for the same will be distance between 2 channels with keeping stop loss of the previous candle high. Moving averages showing downside crossover. * It is my analysis and not a recommendation to buy or sell.
In NSE:APOLLOTYRE the stock was making Higher highs whereas RSI was making lower highs creating the divergence. The stock yesterday closed below the trendline and so did the Rsi. The target for the same will be the immediate support that is also the channel line of the stock. * It is my analysis and not a buy or sell recommendation.
There is double bottom in 15 mins. Can we see the Pattern complete or will there be failure of pattern? *It is analysis and no recommendation
Technically, Dow is really at a critical zone. Keeping in mind that Equity is a growing asset, today's DJ:DJI session would be very Important. DJI has given a close below its neckline and completed its Pattern. There are concerns of recession as well. Will the DJ:DJI fall and complete its target or there will be pattern failure? Here ADX is showing above 24,...
NSE:INDIAGLYCO is forming the Double Top pattern. Pattern will be completed after the neckline breakout. Will the pattern complete, or will there be failure?
In Hourly chart NSE:AFFLE has given the breakout of Double top. Previous trend was uptrend. Price Objective for the same will be the height of top. * It is my analysis and not a recommendation to buy or sell.
In NSE:RADICO the Rounding bottom is in Formation. Long side can be taken after the breakout of neckline. The Price Objective for the same will be the Height of the rounding bottom to the neckline (If the pattern is completed). The stop loss for the same can be determined after the completion of pattern. Will the pattern complete? * It is my Analysis and not...
Candle has managed to Close above the neckline of NSE:AGI , giving the long Signal in the stock. The Price objective for the same will be the Height of Cup.
Looking forward for the Long Position after the stock manages to close above its parallel channel. Buy NSE:APCOTEXIND at the End of the day after the confirmation of close above the channel line.
On 23 sept 2022. NSE:KIRLOSBROS gave a breakout of Inverted Head and shoulders and Managed to close above the Neckline on Daily Time frame. ADX above 29 indicating that stock is going to trend soon. TRADE - Positional trading BUY - 369 - 372 TARGET - 482 STOP LOSS - 346