johnjen2088

johnjen2088 Updated 

- KTK bank formed a cup and handle pattern following 16 years of consolidation - in February 2006 it reaches 211.30 first time and reached again in July 2023 - waiting for breakout. - trading lower than its book value 263 This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.

johnjen2088

Elliot wave 4 may finished at the level of 2758 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.

johnjen2088

note: symmetrical triangle may break the resistant line if market is bullish, or it will break the support line if the market is bearish. pros: narrow range stock in monthly chart book value 873 cons: P/E is 99.31 vs the sector P/E 26.43(Tijori) This analysis is my own idea. I don't recommend taking trade based on this idea. consult your SEBI registered adviser...

johnjen2088 Updated 

cup with handle formation double bottom formation ascending triangle and going reach upside trend line going to break trendline and previous resistance.

johnjen2088

TATA Steel cup and handle pattern is going to form the handle is formation is going now hope pivot R1 154 may act good support This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.

johnjen2088

- stock reached the inverted head & shoulder neckline - the size of the head is the target - Elliot wave 2 is just a prediction, this predication may or may not happen This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.

johnjen2088

- tweezer top candle stick pattern has formed in weekly chart. so, there is some possibility that bank nifty may fall. But anytime it may become bullish. This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.

johnjen2088 Updated 

12.1.2024 parallel channel break out on Weely chart and bearish engulfing candle formed on today. also has taken support from 13 days ema level next target narrow range R1 1714 It is just a view, please trade at your own risk. I'm not SEBI registered adviser.

johnjen2088 Updated 

- inverted head and shoulder pattern formed in parallel channel. - Elliot wave 2 range 440 is finished and wave going towards wave 3 level 612 - 1st wave 548 is the first target

johnjen2088 Updated 

- cup with handle pattern will be formed if the bullish wedge pattern breaks upside. - if correction continues 450 will be the best place for accumulation. - It's my own opinion. - Trade with your own mind - I'm not SEBI adviser.

johnjen2088 Updated 

4th wave may start from in between 0.38 to 0.23 of feb retracement level. this level also acting good support and demand zone. consider every dip this analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.

johnjen2088

'v' shape recovery formed in IT ETF if bullish trend continues may reach 48 easily This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.

johnjen2088

- cup and handle breakout done - parallel channel breakout done 2nd time - pole and flag breakout done - Elliot wave 4 reached wave 3 level - trading above ema cross over - weekly narrow range R1 reached This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.

johnjen2088

- currently this stock is retracing parallel channel resistant level - this retracement may create the handle of the cup - this is weekly narrow range stock already breaks the R1 This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.

johnjen2088

- head and shoulder and double top are formed - ema cross over done and the stock is going down - 3131 is next support and 2900 is 2nd support This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.

johnjen2088

falling wedge wide range start from 1175 and get narrow at 1000 range multiple time takes support at 1000 range next target 1050 and support s1 978 This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.

johnjen2088 Updated 

- flag and pole breakout candle formed - if this candle sustains above this range bullish trend may continue. This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.

johnjen2088

Elliot wave and important Fibonacci retracement level This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.