- a long bearish candle is formed in weekly chart last week, which may be the indication for corrective wave formation, as it is no correction happen even the market correction is going on. This analysis is my own idea. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before. in.tradingview.com
- 816 is the good resistant level and 724 bis the best support level, when these level breaks there will be good bull or bear run happened. - 816 is the fib golden ratio (61.8) this stock is already trading below this golden ratio level - trading 35 % correction from all-time heigh. - a large cap company having PE 8.9 only. I don't recommend taking trade based on...
- supporting bottom trend line reached - expecting bounce back as it has formed tweezer bottom candle I don't recommend & taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before trade. in.tradingview.com
- bearish engulfing candle formed in weekly chart - shooting star candle also has formed in 9th dec 2024, following that none of the candle break through above this candle - expecting further fall
- head and shoulder pattern formed in daily chart - bullish might continue if shoulder line breaks (277 level) - bearish might continue if neckline breaks (261 level) - support 1 (255) support 2 (243) I don't recommend & taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before trade.
- retesting the resistant line for inverted head and shoulder breakout - 1947 is the previous higher high formed in December 2021, retesting this level for breakout. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before trade. in.tradingview.com
- Rising wedge triggers bearish side - FALL CONTINUE BELOW THE EMA CROSS OVER LINE - FALLS STRONGLY BELOW PIVOT S1 - ALL THIS TECNICAL PATTERNS ARE FAVERING THIS STOCK TO MOVE BEARISH SIDE. - So, this fall may continue, it's my personal opinion. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk...
this stock is trading an important crucial trend line (1290 - 1300) which acts as resistant previously and at present it is acting as good resistant. if this trendline breaks upper side bullish will continue or if it breaks downside bearish may continue. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market...
- in daily chart it is clearly formed double bottom and maintain the position above 125 for the past few days, which is the previous lower low formed on 22 November 2024. - when this stock reach and sustains above the support and resistant trendline (130) we can expect the breakout. I don't recommend & taking trade based on this idea. consult your SEBI registered...
-This stock must take support in demand zone 1 because it has multiple time touch point. - incase it doesn't support then this stock might fall continuously. - may consider at demand zone - At present this stock is trading 40% discount price from its all-time high. - narrow range stock trading near monthly pivot S1 I don't recommend & taking trade based on this...
- retesting parallel channel support line & pivot S1 in daily chart. - either it may go up or down as per market direction. - inverted head and shoulder are hidden future. I don't recommend & taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before trade. in.tradingview.com
falling wedge pattern is formed in weekly chart trading below weekly pivot level this stock should break falling wedge resistant line for bullish continuation, otherwise bearish will continue. I don't recommend & taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before trade. in.tradingview.com
- Infosys seems like inverted head and shoulder in weekly chart - if this stock sustains above the breakout line for few weeks bull run may continue. This analysis is my own idea. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before. in.tradingview.com
Third time touched the support trendline - opens above this trend line stock might go up - opens below this candle or trend line stock might go down morning star formed in Descending Triangle bottom which might track the stock to downside I don't recommend & taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before...
- first breakout failed at the range of 82 - 2nd breakout failed at the range of 70 - crossed below the parallel channel midline (range 70) - Oct monthly candle already touched pivot S1 due to market correction. - In case monthly pivot S1 does not support. This fall might continue important zone for accumulation / fib golden ratio 61.80 / range below 59-50 I...
3rd time Retesting the breakout line so, there is some possibility for cup and handle breakout. Don't take it as a trade advice but, consider as just an idea.
- ascending parallel channel - touched the bottom line - may consider when the reversal candle is form - during market correction this stock reached the fib retracement 61.8 at the level of 1235 from its all-time heigh. This analysis is my own idea. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk...
- pennant flag pattern formed in weekly chart - corona period resistant line now acting as support line - wait for break out This analysis is my own idea. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before trade. in.tradingview.com