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SAIL is making inverted H&S pattern on daily time frame - can give good bullish momentum - if opens above the neckline/resistance zone

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Tatamotors multi time frame analysis, with details of monthly, weekly and daily chart posted in this analysis. Overall the setup is looking extremely bullish. Also, believe 450 call writers may get trapped very soon. Below is 450CE chart for reference

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Tatacoffee is looking very hot on charts, get ready to SIP a cup of it ;) If you haven't tasted it...just look at this and see if you like it :) I am sure it can give a feel of Starbucks

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Price has a habit of repeating historical pattern, as patterns are nothing but psychology of thousands of traders watching same charts. Nifty currently is showing very similar price pattern on daily timeframe which it developed in 2015-16, where previously it made a top and then was facing a resistance on falling trendline and sort of made triple/multiple tops. It...

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Naukri is giving falling wedge breakout on weekly charts and RSI has also given a breakout. Price has also given breakout of important ema confluence on daily + weekly charts. The setup is really looking nice to move up higher.

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Nifty new ATH may be coming soon later this year ..which would be in around 20K+

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ICICI bank is forming a higher base formation on daily tf after correction from top, very similar structure to what it was forming during June correction ... recent swing low can act as strong support and it may provide a push to BNF, what it is looking for from quite some days

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TCS on daily chart is showing a horizontal breakdown of support, however as I read it -neither the breakdown candle didn't had much volumes nor there is any follow up volumes on subsequent days so far, infact the low of the breakdown candle is stil intact and possibility of this being a bear trap setup is higher in my opinion. Keeping this in radar to see if...

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Bhel is making a good demand candle at 50% retracement level of run from June low to recent high, the weekly candle is yet to close but still on daily timeframe the structure is showing early signs of reversal. Keep this in radar ...

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Looks like IOC has taken a good support at 38.2% Fibo level and is making a double bottom there on weekly charts. Weekly RSI is still above 50, possibly giving a signal of the strength. Pattern also looks like a CUP & Handle or a rounding bottom breakout and then a pullback in form of falling wedge. Larger picture suggest a big rounding bottom under formation

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Over last few weeks, there had been too many posts on SM which were shared about some of the large cap names which have provided zero return over last "x" many months. That intrigued me to understand the concept of timewise correction. The composite chart of major large cap of Nifty or as they say HRITIK (+few others) stocks suggest that they have gone through...

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Nifty on monthly timeframe is travelling in this channel and after three months of correction since it made ATH in Dec 2022, last monthly it made a doji and potentially by April closing it make a Morning star formation which is currently under progress. On weekly timeframe, Nifty has given one of the sharpest rally in recent history and the price pattern which...

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This post covers Multi time frame analysis. On monthly tf Hindalco gave a multi year resistance breakout in 2021 Feb and from there it went on to become double. During June 2022, it corrected and retested the same trendline resistance which now became support. Weekly TF : On weekly TF; it is making HL since Covid Low and has been consistently taking...

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Ultracemco on weekly timeframe (although weekly closing is pending) is forming a rising wedge pattern and suggest that longs here need to be very cautious or start booking/trailing the profits. Rising wedge pattern can be both a bearish continuation and bearish reversal pattern, when it is accompanied by declining volume it is a deadly combination and a clear...

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Axisbank as per my previous analysis has mentioned that longs need to be cautious (link in related idea section), and it did gave a excellent short trade from there on. Now the recent price action is suggesting that price may start its another leg of upmove and further aggressive short here can be risky. Rest of the details are marked in chart

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I first mentioned about PSEINDEX coming out of multiyear consolidation and give a major breakout during one of the video which I posted in August 2022. Link is there in related idea section and listen from 12:30 mins. The index is on the verge of multiyear breakout and possibility of giving a highest monthly closing ever is more than ever before. Keep scripts...

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Cochin Shipyard has given a breakout of multi year trendline resistance. Looks all set to fire.....

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Smallcap index is on verge of breakout with tight range consolidation in last few weeks and ema confluence .... Hopefully in next 6-7 months ...before next Diwali ...some of the small caps can give 10x return easily .... Do some research, share scripts ...