Jio Finance has formed Bearish Cypher "W" Pattern This will take it to following targets 300 / 285 / 270
With the current situation of Nifty and Global market, Nifty has formed 5-0 pattern. There are following conditions that can lead Nifty towards 20,300 by end of June'25. There is a gap of 4th Dec'23 and potentially it can be filled. Target1; 21840 If Nifty close below 23250 on Week Time Frame Target2; 21000 and it will be strong support Target3; 20300 to...
SBI is on the verge to form Butterfly pattern it has potential to reach 650 target with following support. 720 / 700 / 680 / 650
Voltas had triple top breakdown and it will have possible following targets; 1620 / 1550 / 1525
DMART has confirmed Bearish Cypher pattern formation, It has potential to reach to below targets; Target1: 3558 Target2: 3300 3300 is a strong support if broken on Day time frame then possible following targets; Target3: 3180 Target4: 2900 Stop Loss: 3785 on Day close basis
Tata Power has formed "Bearish Wolfe wave - Three drive pattern" This has potential to bring down tata power to following targets. 360 - 335 - 300
Triangle pattern break out is evident on Crude Oil weekly time frame. It has potential to take Crude oil to $150 with Following targets, 90 / 95/ 105 / 120 / 130 / 150 #CrudeOil
Is it Another 20% correction on the card for HDFC Bank Rising wedge pattern indicates there is potential for following targets. 1590 / 1490 / 1380 by March-April 2025
Motherson is in the direction to form Cypher / Shark pattern. It has potential to reach till 120 levels on downside. Levels to follow as below, Target: 151 / 140 / 130 / 120
CG Power has shown Head and Shoulder pattern on weekly Time frame. Neck line support has broken and expected to follow below levels. 620 / 580 / 530 / 490
Vesuvius has formed confirmation for bearish pattern to form Cypher / Shark. It has potential for below targets; 4400 / 4000 / 3800 for Cypher pattern. It may also touch 3350 if gives confirmation of shark formation.
ABB has closed below 200 EMA on day time frame. It has next demand support at 6600 & 6300. Close below 6300 will confirm BAT pattern formation and this will lead to a correction up to 4400. Target: 6600 / 6300 / 5500 / 5000 / 4400
M_M has formed BAT pattern and it is ready for next levels. 3100 / 3200 / 3400 / 3600
Head & Shoulder pattern break down in Silver, It will have possible target of 27 / 25 / 24
NMDC has crossed lakshman rekha line to confirm formation of Shark/cypher or 5-0 pattern. Close below 190 on weekly basis will take it to 150 /135.
BHEL has moved below 20 & 50 EMA. Also it has closed below Lakshman Rekha to confirm BAT pattern formation. Possible targets - 283 / 270 / 250 / 230.
Hindalco gas completed BAT pattern formation. It may take rally up to Target1: 740 to 760 Target2:823 to 865 Time Frame by beginning of Dec'24
IRCTC - Forming Cypher / Shark it has potential to to go to below levels. 765 / 740 / 693 / 660