Breakout done with an average volume. If the next candle crosses above the breakout candle, it may go upside further. the trend is strong bullish. Disclaimer : All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just our view/personal study method on the...
It is forming a falling wedge pattern. inside the falling wedge, there is a double bottom pattern you can see. Stock is in a up trend. it also retesting the weekly breakout level. If it breaks the wedge pattern upside. it may go higher. Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or...
looks like Nifty is trying to break the trendline above it. if nifty breaks the trendline, it may be a bullish movement. if it crosses below the 21900 level(support marked on the chart), a bearish movement is possible. Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any...
UPL is forming a double bottom pattern. If it breaks the resistance and confirm the breakout with volume spike, it may go higher. UPL is in a downtrend so limit your position size. Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just our...
ATH breakout of BSE. BSE just broke the upper resistance level of 2600. the volume of the breaout candle is also good. but it didnt consolidate before breakout. so there is a chance that BSE will move in a range for a few days after breakout. and after that if it makes a positive price action, we may go for a long entry. Disclaimer: All information provided here...
bank nifty is travelling inside a channel. 46300 to 46500 is a strong support level as marked on the chart. if this level is broken, bank nifty may go downside to the next support level marked on the chart. or, if it takes support to this level, it may go up to the next upper level marked on the chart Disclaimer: All information provided here is for...
Looks like Nifty is making a double-bottom pattern. if it completes the pattern and crosses above 22250, it may go higher. If it breaks the support of 21850, it may go to the downside. Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just...
The banknifty is travelling in a downward channel. also the possible support and resistances are marked in the chart. if it breaks the channel in upside direction, may be a bullish movement is possible. if it breaks the support of 46500 level, a bearish movement may happen. Disclaimer: All information provided here is for educational purposes and not a...
It looks like the bank nifty is forming a head and shoulders patern. if it breaks the support level (47200 to 47300 range) downside, it may go to the next possible support (46300 to 46500 range) marked in the chart. if it crosses the level 48200 upside, we may go for a bullish trade after forming a price action. Disclaimer: All information provided here is for...
Nifty is travelling inside a channel. the possible support and resistance is marked in the chart. Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just our view/personal study method on the stocks, commodities or other instruments and...
if bank nifty breaks out the level marked in the chart, it may go upside. Disclaimer: All information provided here is for educational purposes and not a recommendation. Analysis Posted here is just our view/personal study method on the stock. Do your own analysis or consult your financial advisor before making any investment decision.
If bank nifty breaks the downward channel, it may go near 47000 level. Disclaimer: All information provided here is for educational purposes and not a recommendation. Analysis Posted here is just our view/personal study method on the stock. Do your own analysis or consult your financial advisor before making any investment decision.
For tomorrow, buy Nifty if sustains above 22150, it may go upside. On the other side, if Nifty goes below 21950 on the downside, we may see 21700 and below marked levels on the chart. Disclaimer: All information provided here is for educational purposes and not a recommendation. Analysis Posted here is just our view/personal study method on the stock. Do your own...
If nifty breaks the channel upside, it may go higher. There are supports near 19460/19470 and 19400 levels. If it takes support on this levels, it may go upside further. If nifty breaks the support level of 19400, we may see short selling about 100 points or more. looks like nifty is bullish, multiple support zones are there.
nifty created a flag pattern. if it breaks upside, it may go further upside. also there is a resistance at 19430. if nifty goes down and break the 19300 level, it may go down upto 19250. please note that there is a support at 19250, so, you have to wait for the price action at 19250 level.
Nifty is taking support from the daily trendline. Also there is a support line of 19250. if it both the support breaks then we can see good down fall till 19050 level. If it takes support we can see a 200 points move upside.