Introduction: Bajaj Finserv Limited, a leader in India’s non-banking financial services and insurance sector, has consistently captured investor interest with its diversified offerings. From technical patterns signaling an impending move to its robust financial performance and macroeconomic tailwinds, this analysis provides a 360-degree perspective on the...
📊 Chart Analysis: NIFTY 50 🔥 Key Levels of Interest 👉 Support Zone (23,200–23,500): Strong demand area with historical buying interest. 👉 Resistance Levels: Immediate: 24,200–24,400 (significant selling pressure). Major: 25,550 (bullish breakout potential). 📉 Trendline & Moving Averages 👉 Trendline: Downward-sloping, indicating bearish sentiment...
Chart Analysis: NIFTY 50 Key Levels of Interest Support Zone (Highlighted in Green): Range: 23,200–23,500 The chart shows a strong demand zone where buyers have historically stepped in. This area has acted as a reliable support, preventing further downside in the past. Resistance Levels: Immediate...
Morepen Laboratories (NSE: MOREPENLAB) - A Critical Technical Setup In-Depth Chart Analysis 1. Descending Trendline Resistance: • The stock is moving within a descending triangle pattern, with a clear downward trendline acting as resistance since the peak around ₹120. • Currently, the stock is approaching this trendline near ₹80. A breakout above this level,...
Overview: Siemens’ daily chart highlights a rectangle pattern, showing price consolidation between 6,400 (support) and 7,800 (resistance). The stock is currently near the lower boundary, making this a crucial area for deciding the next move. Bullish Case 1. Support Holding: • The 6,400 level is a strong support zone where the price has bounced multiple times...
Chart Analysis The chart displays a descending channel pattern, highlighting a bearish short-term trend within a longer consolidation phase. Key elements of the chart are as follows: 1. Demand Zone: • The price has tested the ₹280–₹300 demand zone multiple times, indicating strong buyer interest. • This zone is marked by a horizontal blue region, which has...
IRFC is showing signs of consolidation near the ₹149 level, which coincides with the 0.618 Fibonacci retracement zone. This area has acted as strong support historically, and the stock is currently trading within a descending channel. With the upcoming Union Budget 2024-25, there is growing anticipation around announcements for increased railway infrastructure...
The stock has recently tested a key support zone near ₹3,200, coinciding with a long-term descending trendline and the 200-day moving average (yellow line). The price action suggests indecision, making this a crucial level to watch for both buyers and sellers. Bullish Scenario 1. If the stock sustains above the ₹3,200 level and breaks out of the descending...
Curve pattern form so there is chance to rejection level .
Network18 is forming a **wedge pattern** on the daily chart, signaling a potential breakout. Key levels to watch: - **Resistance:** ₹ - **Support:** ₹ A breakout above or below with volume can indicate the next trend. Manage risk with stop-losses near the wedge boundaries.
"W pattern"form all level mark on this chart ,so chrck with volume indicator,, ALL THE BEST
Cup pattern form ,,Very good opportunity, Very strong base ,
Parallel channel working in bank of india , long investment idea perfect stock , for first target is 180,,,,
Jio finance first rejection fibonacci golden zone in weekly chart , TARGET IS 510 in this coming month
Due to election and irfc quarter results is very good , and chart indicates cup and handle pattern so its good chance for long view … Plan of action - Buy - 180 around Stop loss -160 Target - 235 Final target - 270