VijayBabuA

VijayBabuA

it has formed a bullish weekly candle at support trendline. it retested breakout resistance trendline. it formed bullish engulfing pattern on weekly.

VijayBabuA

NIFTY forming Evening star on Montly chart, if it is not able sustain above 14150. if not it could retrace upto 12420 with also matches Fibonacci 38.2% retracement level.

VijayBabuA

it looking like it is in the process of forming Inverted H&S pattern on weekly chart. wait & watch 600 has become crucial resistance. hope this time it breaks it. then we will see a sustainable rally.

VijayBabuA

it has formed a CUP & Handle pattern on daily charts, looking to raise 10% at least for recent high.

VijayBabuA

if it closes above 607-608 levels on daily chart. we can see a rally from here on. it is about to break to recent swings of RSI. Narrow CPR on daily chart looks like MACD cross over today ADX Cross over

VijayBabuA

it is at 52W high and given weekly breakout of Ascending triangle at 2365 range. sustaining above this level on weekly candle, gives open upto 3000 levels. RSI is at 75 on daily. ADX is at 32, sloping upwards indicating good momentum.

VijayBabuA

After rallying from March-20 bottom to 4000 level, it has retraced to 61.8% retracement level and broke resistance trendline with a retest of that level. now it is headed for 4000 level again. 10% upside possible in the near term. RSI is above 60

VijayBabuA

Weekly key reistance level is placed at 350- 360 levels, it has been taking support at 21E WMA. it is also forming Inverted H&S pattern on weekly chart.

VijayBabuA

it has given weekly breakout with good volume at 62 levels. it has retest breakout level on daily time frame. Steady rise in volume on weekly since January. it can rally upto 84 levels. RSI is at 67 on weekly and daily

VijayBabuA

it has witnessed good spike in weekly volume, and it has been consolidating for so many weeks between 240-260, breakout above 260 will open up rally. looking for 320 target. on Daily Time frame, RSI is at 62. 260 - 320 is longterm weekly consolidation range.

VijayBabuA

it has given weekly breakout above 90 level with good volume with opens up further uptrend in it which is also coincides with major resistance on daily charts at 90. CPR has been narrow. indicating directional momentum RSI is above 70 on daily chart RSI has sustained above 60 on daily chart, which already retested 60 level last week. it looks like rally just started.

VijayBabuA

looking to retrace 50% of the recent rally on weekly chart. Double top on daily chart. Narrow CPR on daily with falling price, which may continue. on Weekly closing below 21DMA.

VijayBabuA

it has retested it's breakout level. As long a it sustains above 21 DMA, it can go higher. sustaining above 500 gives bullish trend intact.

VijayBabuA

Looking for breakout, Volume is also raising with rise in price, 2250 is the price on daily chart.

VijayBabuA

Looks like it has taken support at 200DMA and consolidating. once it breaks 532 level on smaller time frame it can go upto 550 levels.

VijayBabuA

It is trading with a steady increase in Weekly volume and sustainable close above 88-90 level on weekly basis will open up further upside.

VijayBabuA

ERIS above 600 on closing basis will form higher highs on daily chart and also breaks downward sloping trendline. once it breaks it can go upto 630.

VijayBabuA

pole flag pattern found on daily charts, it may take support at 21 EMA.