Deepak nitrite is forming head & shoulders pattern. According to pattern and Support levels we can expect Target levels as Target1: 1930-1900 Target2: 1750-1730 It also forming Flag & pole in 1 month chart if it break Flag Target: 1750 Note: 1. There is Gap between 1950-1900 2. In covid time it fell 42%. In our targets from 52 week high...
Negative trend has started in Global markets, Fed interest rates hike, raising crude oil prices, end of bull rallies making NIFTY bearish. Nifty is forming head & shoulders pattern according to it we can expect targets as Target1 : 16000 Target2 : 15500 In 1 Month chart we can see Nifty is forming Flag & pole if it break flag Target :...
IEX is forming Head and shoulders pattern. It is taking support at 100EMA if it break 230 level according to Head & shoulders pattern and support levels we can expect targets as Target1: 206 Target2: 190 NOTE: It broke the trendline of 1sep-20Dec and it is also forming bearish flag and pole pattern Pole Target :206 MACD: Negative 100EMA:234 200EMA:200
Looks like CANARA BANK is going to give multi year trendline breakout(2010-2017-2022). It also formed inverted head and shoulders pattern. Banks are also posting good results , if budget(01-02-2022) is positive we can see breakout soon. Target according Head and shoulders length Target1 : 251 Target2 :261 MACD : Positive
NSE:DMART is forming head and shoulders pattern and also symmetric triangle Head&shoulder : Target1:4220 Target2:3300 Symmetric triangle : Upward target:5900 Downward target:3300
Deepak Nitrite is forming inverter Head&shoulders .According to pattern Target1 :2530-2565 Target2 :2730-2750 100EMA:2250 200EMA:2010
Nifty formed Inverted Head&Shoulders pattern between 22Nov-8Dec (Missed oppertunity) Head target around - 305-320pts
JUBLFOOD looking bearish as it broke neckline on 17Dec according to Chart and Head and shoulder pattern 1 . Target1 :3280-3210(Can be expected) 2 . Target2 :2700-2660(In worst case) 3 . It has to fill Gap of 120Rs around 3205-3090. 4 . Broke 200EMA on Daily chart
ABCAPITAL gave Flagbreakout and resistance break (Precovid level) with high volumes. But because of raising covid levels we can't expect much upmove for sometime.
ITC formed Head&shoulder and neckline broke on 26Nov Target1: 217-215 Target2: 202-200 Resistance: 224 Support1: 217-215 Support2: 203-200 200EMA :218
Deepak nitrite formed head&shoulder pattern and broke neckline on 22Nov. target1: 2050( achieved ) target2 : 1750-1720 200EMA : 1962
KOTAKBANK is forming Bearish head&shoulder pattern.If it breaks neckline according to chart and H&Spattern support & targets are: 1. Traget1:1850-1835(200 EMA) Target2:1650-1640 2. Support1: 1830 Support2: 1750(pre covid level) Support3 : 1700
Affle is forming both head&shoulders and cup&handle pattern According to head&shoulders chart pattern Target will be of 25-30%
If it breaks 1260 level according to chart pattern we can see 24-28% upmove
Nifty50 is forming Head&shoulder pattern in daily chart. 1.support is around 17680. 2.According to pattern downward target is around 16700 which is of 1020-1030 points