chinmay.026

chinmay.026

- Fibo retracement - Oversold RSI - Falling wedge in hourly charts - Long term trend in downwards as the company is facing many headwinds - can expect a little pullback before it makes a new low.

chinmay.026

The little blue arrows point to crucial support levels NIFTY faces; whilst moving in a falling wedge pattern. Breakout could be imminent.

chinmay.026

Green candle days show accumulation; complimented by a bullish MACD. We could see a break above 555 levels.

chinmay.026

Breakout spotted after months of range bound movement.

chinmay.026

UPL forming a promising ascending triangle pattern both on daily and hourly chart. Should be interesting to see in the coming days, if this translates.

chinmay.026

UPL forming a promising ascending triangle on hourly and daily chart - one to watch out for.

chinmay.026

If there is bounce off off the resistance, we could see nifty retreat back in the 10300 levels. Will be interesting to see if there is a breakout.

chinmay.026 Updated 

Fibonacci retracement - now detected in DOW hourly chart.

chinmay.026 Updated 

Expecting a bounce from the lower fibo levells. Could we see a rally before we see a new born trend?