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On weekly charts of Bajaj finance future a probable Head and shoulder pattern looks to be under construction. A break and close below 7050 on daily chart would be idle to build any position, the pattern target could be at 6600 and 6000 in coming months. 7400 on the upside would act as an important resistance Once it closes below 7050 on daily chart it can be a...

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As seen on the chart of nifty a shooting star candle can be seen at the same top. The candle pattern is also followed a confirmation bar yesterday by closing below the low of the shooting star candle. The top around 22150 will now act as a strong resistance which can will be stoploss for those who want to sell this market with minimum target at swing low 21150 and...

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As seen on the chart of IGL this stock now at an important zone of support which is also a 50% retracement support, also a positive candle pattern is seen on the mentioned support area. An outside-inside price pattern is seen on bollinger band and other stocks in the gas sector are showing strength. Rsi Momentum indicator is also on a support area. Cmp is 466...

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Infosys Future Cmp 1295 As seen on the chart post consolidation this stock has now give a breakout. The volume action supports the price movement which makes the breakout more reliable. A spinning top candlestick patter was also seen on the chart suggesting a bottom would be in place. Support at 1240 Target 1380 and 1420

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Nifty IT Index as seen on the chart is at important resistance. The Primary Trend of this Index is Down and now after a good pullback this stock seems to be at an important resistance. Around current level we have multiple resistance in form of resistance line, retracement, channel line and retracement of higher degree. The Rsi at 50 has historically been a...

03:20

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Bollinger band, RSI Candlestick Volumes are all suggesting bulls are back in this stock. Please check the video to know more.

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As seen on the Chart Iex had been struggling to remove its resistance around 150 zone for a long time. Recently This stock has successfully removed the price resistance zone with a loud move and post that the price has been sideways creating a flag pattern. Historically this stock has faced resistance on 66 RSI Level and as seen on the chart currently also we...

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As seen on the chart a bullish harmonic pattern is formed. Post the low the stock has been in a range forming bullish candle patterns. On Bollinger band we can see an inside - outside bottom. and support on the RSI is a cherry on the cake. The volumes have been low on the last candle hence a small dip to 2750 could be possible which can be use as a buying...

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A Harmonic pattern is seen on chart of Wipro. We need more confirmation from price action for takin an actual trade. The pattern above suggests the low for this stock could be around the corner. regards Abhay Bhatia

06:01

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Alkem Labs has been one of the poster of the bull run from 2019 - 2021. Post that the stock has been sideways. There are some early signs of resuming the rally. Check out the video to know more. Regards Abhay

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CMP:1609 STOPLOSS: 1710 TARGET:1350 The faith of PVR Ltd. is self explanatory. We can see a major Head and shoulder pattern Breakdown and the target for the breakout is around 1100. The right shoulder of the the major patter is also forming a Head and shoulder pattern for the target of 1350. 1100 is an ambitious target but 1350 is something I am aiming for.