kunalsinghbalyan

kunalsinghbalyan

Description: 1. Monthly Chart Insights: Nifty 50 remains in bearish territory for the current month, with a notable formation of a negative candle pattern. The open = high candle is a key indication of bearish sentiment. Additionally, the Relative Strength Index (RSI) is hovering above the 80 level, signifying an overbought condition. This suggests the market...

kunalsinghbalyan

Zee Entertainment is currently consolidating within a symmetrical triangle, a classic chart pattern that often precedes a significant move. A breakout or breakdown in either direction is possible, suggesting the need for careful positioning. Traders are advised to remain cautious and await a decisive break above the marked level before entering any...

kunalsinghbalyan

Wipro has been on the rise after a solid consolidation phase, forming higher highs and higher lows. Currently, it’s retracing to a strong level with a favorable risk-to-reward ratio, aiming towards its all-time high (ATH). Ensure you enter trades with a predefined stop loss for safety.

kunalsinghbalyan

Nifty 50 is forming a textbook bullish pennant, but caution is advised as this could be a potential trap. With the index nearing its all-time high, it's best to wait and trade cautiously. My overall outlook leans bearish, and if possible, staying on the sidelines might be the safest approach for now.

kunalsinghbalyan

UPL recently retraced to It's long-term Support level, also seen, breaking the Trendline and change in price action Making higher low higher high Note : Always enter the trade with stop loss, not more than 10% of your capital Kudos

kunalsinghbalyan

A significantly large volume spike has been seen recently with a break of trend line a good price to enter would be above 1060 with Stop loss of last Low around 930 taget for longterm would be ath and swing can be 1:2. Note: always enter the trade with predefined stop loss that too calculated ,not risking more than 10% of the capital. Kudos