aktradelearning

aktradelearning Updated 

NF Toofan express....can go fast and furious in coming weeks and months .....

aktradelearning Updated 

BandhanBank setup is looking attractive, first shared around 220 levels for a short term trading target of 240 (tweet attached), which has almost come today. It is forming higher low on daily tf and has given a Double bottom / Higher bottom neckline breakout. Daily tf ema's are also getting sorted out with volumes rising, it has a possibility to hit 258+ levels...

aktradelearning Updated 

Falling wedge breakout in Coal India on monthly time frame - can do 270+ easily in coming months

aktradelearning

This is consolidated index for some of paper theme stocks which are looking bullish and possibility of providing a good momentum on upside in short to medium time frame

aktradelearning Updated 

Berger paint setup is looking a good candidate where I see a potential short covering can come in next few session. If it sustain above the marked resistance levels it can be good intraday pick in coming session. Also, with crude down by 7% today - could be a trigger here ? Keep in watchlist 600CE Chart

aktradelearning Updated 

Let's see what's there in store for Adani Index, yes yes, I know there is no such index but this a composite index - basically a tradingview feature where you can see a composite index / composite price of different stocks all together and see how they are performing. This composite index consist of stocks...

aktradelearning Updated 

Sharing my multi timeframe analysis on Metal index, which I believe is a candidate for coming weeks to show some strength On Monthly tf, it has formed inverted bullish hammer in March which is generally a sign of reversal and also looks like a higher double bottom formation near 38 to 50% fibo support zone of the swing from Covid low to Apr'22 high On Weekly...

aktradelearning Updated 

As previously shared my bullish view on PSUBanks in August last year, they did a dream rally from there on and now after a correction from hitting the supply zones they are back in good demand zone. The index is currently making falling wedge on weekly tf, with a large picture showing a cup & handle where handle is potentially the falling wedge formation, Also a...

aktradelearning Updated 

There is extreme pessimism with respect to Nasdaq and US IT Tech companies and they have corrected heavily from top. It looks like that NDQ is making a double bottom formation on weekly tf at fibo golden ration i.e. 61.8% retracement from Covid low to ATH. There is also a formation of falling wedge pattern which is visible potentially and risk is to reward looks...

aktradelearning Updated 

Reliance on Daily time frame broke down important support level and gave a weak closing on 15th March, although there are some more supports placed below but if I look at current price vs volume relationship and whatever my understanding and view is that even though the volumes were on higher side today in comparison to last two day's session, the price couldn't...

aktradelearning Updated 

Cholafin has given a good breakout on closing basis in weekly time frame, where it was consolidating for last few weeks in a range. It looks like has potential to move further up and make new highs

aktradelearning Updated 

As indicated in my other post related to PSUBanks ( idea, which looks to be bullish. BoB in PSU Banks is looking a good setup and here is my overall analysis for this On Monthly timeframe, price has given a falling channel breakout and also given multi year breakout of 2018 high and has retested as well it On weekly time frame, stock has given a...

aktradelearning Updated 

#Banknifty on 4 hour chart seems to be doing a double three combination, as I understand from the EW theories from several sources that Double three is a sideways combination of two corrective patterns including zigzag, flat, and triangle. When two of these corrective patterns are combined together, we get a double three. It is possibly in last phase of its...

aktradelearning Updated 

IRCTC - looks like a dark horse and very strong script for long term.. after all the initial euphoria the stock rallied a lot and lot of retails got stuck at higher level , after correction it took support at 61.8% retracement of its IPO to ATH price. Retailers have mostly got frustrated with this script and have exited in loss and stock seems to have started its...

aktradelearning Updated 

Nifty after bottoming out in March end has been in clear uptrend with some minor pullbacks in between. It is currently travelling in a parallel channel with a important support placed around 18190 which in last session acted as channel bottom trendline support as well as was May series avwap level. Nifty bounced by more than 100+ points from that support. In...

aktradelearning Updated 

This chart is just for study purpose to understand the price action on BEL chart. BEL has previously given a rounding bottom breakout on Weekly charts in August 2021 and it achieved its pattern target by Sept'22. Price after making its high in Sept'22 was under consolidation and correction and is travelling in a falling channel on weekly timeframe and has taken...

aktradelearning Updated 

Nifty after making a recent swing low around ~18060, did a falling wedge breakout and made a swing high around 18420. Almost 350 points. It corrected from there to about 61.8% fibo level and made a swing low today around 18200. The pattern indicates that is forming a flag & pole pattern. Also, as a learner of EW; my wave count suggest that it was a wave 2...

aktradelearning Updated 

Bajfinance on weekly chart is showing initial signs of reversal and personally anticipating a higher bottom on weekly timeframe which is also at a good fibo support zone and can potentially provide a start of formation of Weekly double bottom or (W) pattern, also stock is nearing its 200 weekly ema which has acted as good investment / accumulation zone in past....