akshaybatra020

akshaybatra020

ITC is creating a Symmetrical triangle. it is also at very crucial level ie. 237 which wal acting as a resistance earlier but now acting as support for it. 200 days EMA is also near about 235. if ITC will break this pattern with high volume profile either side we can take position you can go long above 240 and for short enter below 235 increased volume profile is must.

akshaybatra020

Banknifty making a symmetrical triangle pattern in 15M chart you can go long on bank Nifty with small SL for 1:3 RR if it gives a close above 37200 with high volume. Avoid shorting BN before a good fall and retest confirmation tomorrow is weekly expiry and it could be one of the best expiry we've ever seen because of EQUINOX . give your views in comment section, thanks...

akshaybatra020 Updated 

LIC Housing Finance showing flag and pole pattern it may go bullish after 421. it has faced the resistence on 421 few minuts ago nuw again making a accurate bullish pattern if it will follow this price action it can be bullish for few days

akshaybatra020

HINDUSTAN PETROLEUM making an Inverted head and shoulders pattern ON 1D chart. It has crossed the resistance of 280 which acted as barrier for it since last 3 months. Now it is looking for a bull run if sustain above 280. take entry above on successful retest of its breakout as drawn in the chart. stoploss will be below last swing ie 263-260 and target will be...

akshaybatra020

ZENSARTECH giving a good Break Out after consolidation in a zone. now it has crossed resistance and passed the retest of breakout i took the entry little late support and SL at 459 target can be 2.5RR this is only for learning purpose. thanks

akshaybatra020 Updated 

PPL creating cup and handle pattern in 15 M time frame. Now it is trading aroud it's resistance ie 163 if it will break this level with HIGH VOLUME then you can take entry arount 164 for swing trade. Targets are 170, 188, 200 and the SL 160. you can enter here for 2:1 RR .

akshaybatra020 Updated 

If ethereum will break this pattern it could give a huge breakout either side.

akshaybatra020

HCL tech making descending triangle pattern in 15M chart. Breaking this pattern can give a good breakout either side, probability of breakout is upside and i can easily break its previous high of 1072. Reasons of breakout : 1. It had broke its 1045 level on 5 august which was a resistance and being tested on 15 jan, 8 apri & 25 july. 2. Making a descending...

akshaybatra020

Zomato listed on 23/5/21 and then creating life time high of 148 and now it has created a SYMMETRICAL TRIANGLE PATTERN on 2H chart . Now zomato can give either side breakout. for upside it can create a new lifetime high or can break its low of 116. A very impressive either side breakout can happen with huge volume.

akshaybatra020

BANK NIFTY IS BULLISH AFTER BREAKOUT NOW TARGET IS 36200 FOR NEXT WEEK. Today bank nifty crossed 35000 level in very fast move and braked the channel in 1 day and 15 minute chart after market opening. it has already braked the channel on 22nd of june 2021 but retest failed at support level, Today BN braked the channel and took the support around 35000 after...

akshaybatra020

As ITC making an descending triangle pattern in day candle in 3 months chart. on 9th February it has achieved level of 240 after that started going down and get a reversal with the strong support of 198. After that it again touched trendline on 228 at 23 march and sharply down trend from that resistance again reversed from the support of 198. On may 18 it has...

akshaybatra020

Everyone is saying that nifty is weak and a crash is about to come. But according to charts nifty is strong now. A resistance of 15040 was stoping bifty to go up but now due to every new higher low created by one day candles in nifty 50 the resistance of 15040 went weak now. And the trendline of nifty is rhe support for nifty. After watching charts it's not easy...