Support levels for nifty is 10320 - 10330 and 10270 - 10280. Resistance levels are 10380 and 10410.
Rounding top is a reversal pattern and it signals the end of the uptrend.
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Priceaction has formed triple top. It is a strong reversal sign. Price has reached the resistance, but RSI havent reached over bought zone yet which makes the chart more interesting.
Rounding bottom is forming in daily chart. Can invest during pull backs for the targets 112 and 120. Resistance is seen at 123 - 128 levels. Breaking that resistance will give a good upmove. Still a long way to go to break the resistnace. Consult your financial manager before investment.
Priceaction is making higher high and higher low. Though Nifty started to fall after gap up opening, we are still in uptrend!
Priceaction has broken the resistance with volume indicating the uptrend. Investment strategy is buy in dips for the targets of 95, 110, 140 and 180. Consult your financial manager before investing. Hit like, comment and subscribe!
Break out after a long consolidation.
Price action has formed double top and strong resistance at the levels 404 - 411. To move upward it has to break it.
Priceaction is at support zone. On breaking the support, price will try to move towards it next support at 413. On the other hand if support is taken, price will reach 525 then 545.
Priceaction has broken the resistance at 248 - 253 level with high volume. On holding 250, price will move towards 300, 320 and 340. Hit like, comment, follow(twitter & telegram channel) and subscribe!
Priceaction has formed a rounding bottom in weekly chart and now it is breaking. I expect this stock to reach 132 and 142.
Priceaction is consolidating. Breaking 941 will make the price to move towards 948, 956 and 964. On the other hand breaking 930 will make the price to move towards 920, 910 and 902. Hit like, comment, follow(twitter & telegram channel) and subscribe.
Nifty has formed double bottom at the levels 10120 - 10130. On holding 10180 priceaction will move towards 10220 and 10250. If priceaction breaks the support levels 10120 - 10130 it will move towards 10060. Hit like, comment, follow and subscribe!
Priceaction is trending out of the channel. Resistance is seen at 10240. On breaking the resistance, price will move towards 10320. 10100 will act as support now. On breaking the support price will move towards 9990.
Priceaction is facing resistance at 24720 - 24740 level. On breaking it, price will move towards 25000. On the other hand price will move towards 24460 for support.
Price action has formed cup&handle pattern and it is breaking out with high volume. I expect the price to move towards 275, 281 and 285 with the stoploss of 263. Swing trade.