shailesh_desai_5050

shailesh_desai_5050 Mar 1

This is a technical analysis of the Nifty Bank Index (Bank Nifty) on a Weekly (1W) timeframe. It displays a Head and Shoulders pattern, which is typically a bearish reversal pattern. Key Observations: 1. Head and Shoulders Pattern: • The chart clearly marks the Left Shoulder, Head, and Right Shoulder, indicating a potential trend reversal. • The neckline...

shailesh_desai_5050 Feb 8

The chart of **Bajaj Finance Ltd. (NSE: BAJFINANCE)** on the **weekly timeframe** shows a **recent breakout from an ascending triangle pattern**. ### **Ascending Triangle Pattern Breakout:** 1. **Structure of the Pattern:** - The **horizontal resistance** zone (highlighted in blue) was previously tested multiple times, around **7,768 - 8,000**. - The...

shailesh_desai_5050 Jan 31

Chart Analysis & Trade Setup Stock: Bajaj Finance Ltd (NSE) Timeframe: 1W (Weekly Chart) Technical Analysis: Resistance Zone (Orange Region): The price has faced multiple rejections in this zone historically. The stock has now broken above this resistance, signaling a potential breakout. Support Levels: Purple Trendline: Long-term ascending trendline acting as...

shailesh_desai_5050 Jan 23

This chart indicates a possible *Inverse Head and Shoulders* (H&S) pattern forming in IRCTC on the daily timeframe. Here's the analysis and trade advice based on this setup: ### **Pattern Identification** 1. **Left Shoulder**: The first dip followed by a recovery. 2. **Head**: A deeper dip forming the lowest point in the pattern. 3. **Right Shoulder**: A higher...