nandakumar82

nandakumar82

NIFTY & BNIFTY Both indices are operating within a parallel channel Nifty : Strong support @ 21800 levels on breaking we can witness 21500 levels too which is also derived by deducting the height of the channel. Bank Nifty : Strong support @ 46500 levels on breaking we can witness 44800 levels again derived in the same manner as above. Have observed...

nandakumar82

Nifty midcap index is showing bullishness on a W timeframe with no signs of sluggishness week after week. The next resistance looks to be at 41000. However traders can thread with caution as there could be some consolidation before further movement.

nandakumar82

Nifty small cap index is showing continuous growth on a W timeframe. However there could be a resistance close to 11900 which built in the month of Jan 2022.

nandakumar82

The scrip has been consolidating in P&F pattern waiting to make an upmove.

nandakumar82

Script shows an ascending triangle and chance are it can breach the region near to ATH. Purchase volumes have been more than high over the days. CMP looks to be a good price to reach the ATH the least.

nandakumar82

This pattern could be a sign of bullishness, The entry & targets are mentioned out. For long term holding the stock has provided good dividends too

nandakumar82

The scrip is making a pole & flag pattern which is ideally a bullish indicator. Good probability of breakout once the flag breaks. However the RSI looks to be in the overbought zone hence may witness some selloff. Good to have in the watchlist

nandakumar82

The scrip displays an ascending pattern & has been showing upward momentum since several weeks now. Once the resistance is breached , can witness a breakout to the targets provided.

nandakumar82

This scrip has been oscillating within the inner candle since last couple of days. Ascending triangle formation indicates a move to the upside if the barriers marked are broken. Add it to your watchlist.

nandakumar82

The scrip is gradually changing the downside movement week after week, although gradually. Lower Highs -> Equal Highs -> Higher Lows Keep a watch on the stock as it could be bottoming out now.

nandakumar82

This scrip is displaying range bound movement & waiting to break the barriers since several weeks now. Good entry if closing above the resistance level. Keep in your watchlist.

nandakumar82

This scrip is displaying an ascending Triangle which indicates more demand with a constant supply, chances of break out are high, could see a move above the levels marked. Wait and watch, RSI indicates a divergence

nandakumar82

The scrip displays a symmetric triangle with chances of a good up move, The entries and exits have been provided, looks good from a long term standpoint. Candles have been forming a inside candle pattern with no direction in the last few days.

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This scrip display an Inv H&S formation on the W charts, can see a target defined in the chart. However there are barriers that need to be overcome, looking good from a long term perspective.

nandakumar82

This scrip demonstrates an Inv H&S pattern, the entry could be above the neckline break & the target is mentioned. Pattern is also pronounced in the W time frame

nandakumar82

This scrip display a descending triangle which has been broken in the W timeframe. we are able to see a cup & handle formation too which indicates a previous bullish trend continuation. The supports & resistances have been marked. Stock looks good from a long term perspective.

nandakumar82

The scrip display double bottom bullish trend on the W timeframe, the closing on the weekly charts also break the structure which was originally a downtrend consisting of lower highs. Entry looks to be promising with a long term target.

nandakumar82

The scrip displays sound potential on a Weekly timeframe with a double bottom formation. Volumes seem favourable, long term trend line is respected. Entry & Targets could be as mentioned