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Nifty Infra: The Index was consolidating from April' 09 - Feb' 21 within a channel of 2164-3729 as upper and lower bounds respectively. After Feb'21 the index broke out from it's 12 year consolidation and had a steep surge to 5381 levels as 42.54% gain within a year on monthly charts. Since January 2022, the index has been forming a Broadening Wedge Pattern in...

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Symmetrical Triangle BO formation: Forming from lows of March 2020 and latest last lowest lows of June 2022. Strong BO expected if price sustains above 450 levels for this week. R1: 502 R2: 529 R3: 617-633 Stop Loss: 401

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Pattern Breakout from Declining Wedge pattern: strong momentum on watch: Levels to check: R1: 271.5 R2: 301.2 R3:330 S1: 209 SL: 196

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Cup and Handle Breakout : Prices have formed a 'Lip' at 38, which will act as support on lower end if prices take a throwback after BO. Given the volumes and price support this momentum is set to continue till 46- 47.5 levels at least. TGT: 46- 47.5 Entry: 39-39.5 SL: 38

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Falling Wedge Breakout: CDSL has fallen almost 34% since December 2021. It has given breakout from a falling wedge pattern on monthly charts. Rising prices are supportive of breakout in momentum indicators and volume supported price action. CMP: 1110 R1: 1241 +11.45% R2: 1457 +31.4% Stoploss: 986.35

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Clean BO from Symmetrical Triangle pattern Forming since Aug' 2022. Looks to continue the upward trajectory.

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Cup and handle formation which started in Feb 2018. Looks like it ends as the Chart breakouts from it's horizontal Trendline above the cup & handle's base line. Brace for super long targets with strict stoploss in any case the momentum gets slow given the chart is based on a weekly timeframe.

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Weekly Review: The Nifty 50 closed at 19,564.5 gaining +1.2% from the previous week. The Index closed on a positive note supported by 150 points rally on Friday overpowering bears majorly supported by a +4.3% rally in the Nifty IT index. The index stayed within a tight range of 19,333-19,516 in the previous week. On Macro Economic front, India's CPI surged to 4.8%...

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Man Infra: Completed all Breakout gains post Falling wedge pattern break. Time to look for accumulating it on good levels: Stock looks to take a throwback to 103 levels for now. A break below this give opportunity for accumulating this for an Infra based theme portfolio. 103 94.9 88.5

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Stock has formed a bullish candle on Weekly time frame as stock breaks from an ascending pattern. Levels to watch R1: 362 R2: 387.5 R3: 411 S1: 287.75

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Falling Wedge Breakout: CDSL has fallen almost 34% since December 2021. It has given breakout from a falling wedge pattern on monthly charts. Rising prices are supportive of breakout in momentum indicators and volume supported price action. CMP: 1110 R1: 1241 +11.45% R2: 1457 +31.4% Stoploss: 986.35

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On Daily charts, we observe that a new channel trendline has been adjusted after previous week’s rally and a new bandwidth line between the lower and upper bound has been redrawn too. Last week rally is breakout above bandwidth resistance ( Support point now: 19,042) which will act as a first support moving next week. On higher levels we can see a rally upto...

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Set for rally!! Stock has bottomed out once again near 3400 levels in past month. Consider chart for levels

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Stock has bottomed at its crucial support and looks to gear up for a bull run atleast upto it's declining Trendline of the triangle pattern where it can face strong resistance. If its able to break the point then Breakout is on fire :) Strong support: 3336.5 Tgt 1: 3873 Tgt 2: 4374 Tgt 3: 4878

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Nifty stands at 17,530 level after breaking key support of 17,644 level which triggered stop los after attaining a sharp rally to 18,100+ levels. The prices failed to break for a significant breakout above the resistance line and we can see a weak week for Nifty this time. In the coming week, Crucial Levels are: S1: 17,300 S2:17,000 R1:18,145 R2:18,349 Market...

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Avanti Feeds : Is forming a strong symmetrical triangle pattern on weekly timeframe at LTP: 507.35 and has been taking continuous supports on the primary trendline(yellow-dashed) and is respecting the trendline ever since 2016 till 2022 today. The sudden rise in shrimp demands from china and USA has overpowered company's exports with good receivables too. This...

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Nifty stands at 17,833 levels as of today. Nifty is breaking out of it's broadening wedge formation for the first time since october 2021. The index has rallied by 18.5% from it's June 2022 lows of 15179 to 178333 level till last week. The crucial support on a weekly basis lies at 17,600 levels which acts as technically pivot levels beyond which stop loss levels...

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\\For educational & Research purpose only. Not a recommendation, Not SEBI Registered Analyst