architk

architk

nifty been consolidating in a broad channel of 17400-16800. I will trade rest of the week according to these levels marked on the chart itself. Happy Trading :) Disc: Chart posted only for learning purpose.

architk

IGL formed a typical textbook inverse head and shoulder pattern. Its neckline consists at around 400 round number levels. A high volume break above his level can give an exceptional long opportunity. Keep an eye on this script. Happy Trading :) Disc: Chart posted only for learning purpose.

architk

Script broke out from a falling counter trendline and also a supply zone. That too with a high volume candle. We can place our trades above 810 for TGT of 850+ with an SL of 780. Happy Trading :) Disc: Chart posted only for learning purpose.

architk

Script Brokeout from a falling counter trendline and a supply zone of 230-235 with 2x the average volumes. We can target for 270+ in upcoming days. SL can be placed around 222. Happy Trading :) Disc: Chart posted only for learning purpose.

architk

Script showed a real nice break of bearish structure to bullish structure. A momentum move can be played above 220 levels with 3-5% of SL. Happy Trading :) Disc: Chart posted only for learning purpose.

architk

CDSL been in a accumulating phase for more than 5 months now A breakout above 1600 levels with volume can trigger a new leg of upmove for shorter term. Happy Trading :) Disc: Chart posted only for learning purpose.

architk

L&T came out of LL-LH structure. And formed a HH-HL structure. With break of supply zone (1800-1815) with volumes can take the stock towards higher levels of 1900/1970. Happy Trading :) Disc: Chart posted only for learning purpose.

architk

M&M Fin is at crucial supply zone of 169. A closing above this level can trigger a good momentum move towards 180/196. Happy Trading :) Disc: Chart posted only for learning purpose.

architk

HDFC gave an Inverse Head and Shoulder BO. We can enter above PDH 2464. Happy Trading :) Disc: Chart posted only for learning purpose.

architk

Banknifty closed the previous week with a huge momentum candle on upside. With this momentum it is very likely that bnf will reach towards the couter-trendline Also bnf is in a broad channel like pattern. With breakout of this pattern will add more upside. support on downside are---- 35080 34181 Resistances on upside are---- 38187 39054 I will plan my trades...

architk

Nifty closed previous week with a big momentum candle on upside. Now it is at a crucial supply zone of 17800 followed by a counter trendline. And has a support of 17450 followed by 17000 on bottom side. I will plan my trades according to these levels for upcoming week. Happy Trading :) Disc: Chart posted only for learning purpose.

architk Updated 

Apollo was in a falling channel. After reaching 200 ema, script formed a double bottom/W-pattern and broke out with volume. A neat clean BO with follow up as well. Pretty good candidate for swing trade. Trade cautiously and always use SL. Happy Trading :) Disc: Chart posted only for learning purpose.

architk

nifty formed big swing low near 15800 this week. And moved upside swiftly with 900+ points of move in just 1 week. I will gauge my trades in the market according to these levels. Happy Trading :) Disc: Chart posted only for learning purpose.

architk

NIfty can trade around these major levels of supply and demand zone. I will plan my trades according to these levels. Trade cautiously and always use SL. Happy Trading :) Disc: Chart posted only for learning purpose.

architk

Nifty has made a double top in weekly TF which can be seen clearly. The neckline of this double top is 16200-16400. We should keep this pattern in back of our minds while trading for next few weeks. If tensions escalate in geo-political situation then in upcoming weeks we can see a break of this neckline and a potential Tgt of this double top will be 14500. Trade...

architk Updated 

Rectangle pattern formation around 50 ema shows some accumulation. Pattern has a quite good consolidation for 3 months. Also with 50 EMA sloping flat to positive will help in price to move higher. A recent re-test of 50EMA inside rectangle pattern shows strength. DISC: chart posted for learning purpose only.

architk

-Voltas is trading inside 1270-1170 for past 3.5 months. Now price might face a supply zone of 1270 and also a falling trendline. If price sustains above these levels then we can expect a range expansion for another Upmove. -High volumes during BO will provide strength during upmove. Happy Trading :) DISC: chart posted for learning purpose only.

architk

Nifty is trading inside major ranges of 16800-17600. With current technical chart patterns forming on charts it is likely to stay in range (Assuming no extreme news from global market). I will plan my trades according to these ranges for upcoming week. Happy Trading :) DISC: chart posted for learning purpose only.