CMP: 432.10 Descending Triangle Pattern Support Zone: 427-428 Downside Target: 423 Entry on break of Trendline for upside move Upside Targets: 436-437, 442-443
CMP: 721.25 Entry on breaking of the Symmetric Triangle Pattern Upside Targets: 745-749, 756-760 Support: 708 Downside Targets: 608
Trendline Breakdown followed by downtrend a sideways trend for 2 days CMP: 1722.25 Zone to look at: 1712-1728 Downside Targets: 1700, 1680 Upside Target: 1760
Trendline Breakdown and then again a Trendline Breakout from the downtrend Upside Targets: 35670-35710, 35900-35931, 36080, 36340, 36520-36565, 36685 Support Zone: 35205-35265 Downside Targets: 34765-34850, 34295-34375
NIFTY: 17153 SGXNIFTY: 17244 Weekly Time Frame: A spinning-top candle Daily Time Frame: Consolidation within a small-range after a good recovery from the down trending market Hourly and 15 mins Time Frame: Symmetric Triangle breakout down but weak signal Risky Trading Zone: 17015-17415 Resistance Zone: 17390-17415 Upside Targets: 17460-17500, 17620-17635,...
Reasons to Trade: 1.Trendline Breakout 2.Above 200EMA 3. Above 0.5 Fib-Level Upside Target: 2534-2554
Resistance Zone: 36570-36670 Upside Targets: 36990-37090, 37550-37750 Consolidation: 36315-36565 Support Zone: 36260-36315 Downside Targets: 35760-35800, 35465-35555, 35030-35170 Note: Sorry the upside targets are not seen in this chart analysis
Learning: Be flexible in your approach on trading. If price action is telling you that the trend has changed and is now shifted to uptrend then you should act accordingly without involving any kind of biasness SGXNIFTY showing more than +1% gain and is trading at 17490 now NIFTY is now above 17000 level and 200EMA FII's have started buying PCR>1.09 Entry Stop...
CMP: 690.85 The stock has been consolidating for a while on a shorter time frame and now I am expecting a good move from the CMP Support: 689 Downside Target: 677.5 Resistance: 705 Upside Target: 715-718
Inverted Head and Shoulder Pattern CMP: 2399.15 Upside Targets: 2420, 2434, 2454 I will only be trading Reliance for a bullish move if it succeeds to break the resistance zone
Cup and Handle Pattern CMP: 1492.80 Resistance: 1517 Upside Targets: 1535, 1555 Support: 1466 Downside Targets: 1450, 1425
Trendline Breakout with a gap formation Entry on 5mins/15mins time frame Support: 34268 Downside Targets: 34000, 33550 Resistance: 34783 Upside Targets: 35270-35350, 35700-35820, 36150-36250, 36560-36680
Cup and Handle Pattern Resistance Zone: 16755-16805 Upside Targets: 17040, 17145, 17220, 17345 Support Zone: 16450-16500 Downside Targets: 16370, 16150, 16015, 15680
New Levels For NIFTY Support: 15750 Downside Target: 15570-15630 Resistance Zone: 15870-15950 Upside Target: 16200-16225
CMP:348.35 Ascending Triangle Pattern Support: 342.90 Downside Targets: 340, 333-334 Resistance Zone: 350-351.5 Upside Target: 356-357
CMP:130.20 Falling Wedge Pattern on a uptrend Entry either on upside or downside break of the wedge Upside Targets: 132.5, 133.35, 134.35 Downside Targets: 128.7-128.9, 127.65-127.8
CMP:181.00 Reasons To Trade: Uptrend followed by a long bearish pinbar candle on daily time frame and then a long bearish candle below the low of pinbar candle and can be a gap-filling trade Support: 177.5 Downside Target: 170-172
BANKNIFTY is clearly trading in a channel Resistance: 35110 Upside Targets: 35535-35600, 36170-36270, 36540-36670 Support Zone: 33890-34000 Downside Targets: 33400-33450, 32750-32785