BN levels for Monday, 22nd August. BN is also forming descending triangle on small time frame. Intraday longs only if it gives breakout upside..else on breakdown - we may see levels marked on charts
Nifty on short timeframe has made a descending triangle formation, and breakdown below will open up levels marked on the chart. EOD OI data is also negative ....
Hi This is my sectorial analysis summary video for major Indexes like Auto, IT, FMCG, Metals, Realty, PSU Banks, PSE, Midcap, Pharma
Ultracemco has made a Insider bar last week on weekly time frame and on dtf, it is making a cup & handle pattern. There is also a confluence of ema's on hourly timeframe and on 15 min time frame there is a counter trendline resistance broken out.
DLF has given a broadening wedge trendline resistance breakout , also is making an inverted head & Shoulder pattern on daily time frame. Keep this in watchlist for next few weeks and it can give good returns in coming days
Techm - again giving insider bar breakout after 8 weeks of consolidation in mother bar, expect some very good momentum in it in coming days
ICICIPRULI has corrected a lot from top and has given a falling wedge breakout and is now consolidating above resistance line. One week of Inside candle has already formed, a breakout above it will take it to new high ...
Havells has given a falling channel breakout and retest has also completed, it has also formed an inverted H&S pattern and neck line break and retest has also happened ....
Zomato ..on a downtrend journey ...my personal view don't burn your hands in it
Hello Guys, I have tried to do a MTF analysis for Powergrid, which looks very bullish to me for long term perspective . Please do watch and share your feedback in comments if this is helpful.
Quick video for NF view & potential trade plan tomorrow - 10th August, Lets see how it goes....
Hello everyone, Just tried to publish my first analysis for Nifty in multi time frame, lets see how it goes and please share your feedback ...
Clean Breakout out of falling channel and retest setup. Expecting some good move in Reality sector in coming days ..................................
Midcap Index is at Resistance now. Need to be bit careful, however if it breaks out then it will be good to pick some stocks for coming weeks in Midcap index for cash swings
CNXMETALs as per our last week's view, just an update There is possibility of Metal Index hitting the lower trendline of this channel in coming week
As a part of sectorial analysis - NIFTY IT view for upcoming week. As expected IT did performed well this week. Now its hitting 20MA on week timeframe and if opens and start trading above it, which is around the red zone marked - then expect the momentum to continue. Also the weekly double bottom may have been end of ABC correction, and next Impulse wave may...
Naukri looks like a very good setup for coming weeks where it has already given a channel breakout and has also retested with a doji above it. If it starts trading above the doji high, we can expect a good momentum in it next week
NIFTY daily chart analysis - valid for few days ..........................................................................................................................................................................................................................................