For falling from high Astral is making a good base with consolidation in range of 30 rs as marked by blue lines. Green line is a Avwap. Price is continuously respecting Avwap. Hereafter as price keeps holding Avwap and bottom range of marked zone there is greater chance of price breaking higher levels. This needs to be further confirmed. This analysis is just for...
Stock is hitting a marked zone from 2023. Generally if a price zone has been hit number of times then stock will breakout at some point. If this price zone is taken out then a very good risk to reward can be achieved. Please check other price action parameters before entering. This is a long term call only after breakout. This is for educational purpose.
After breakdown Wipro recoverd and now sideways. Marked with blue line. If it break cup pattern on higher side then a big gap to be filled. Overall a move in IT sector is due. This is just for educational purpose
Oil trading in a 100 points range for long time. As we see a massive up move in stock market it is time keep eye on range breakout for oil. As soon as range breakout happens a minimum 100/200 point move is expected.
Clearly 160 seems to be a strong resistance however the bottom rising structure also showing strength. Slowly making higher lows marked by red circles. In my view traders should watch gaps pending on both sides and try to enter as low as possible. In a midium term view as soon as this triangular structure gets broken on higher side upside gap will be filled. This...
Rectangle marked where price has been rejected number of times. Now price has again hovering around the same zone. It is above 200 EMA. In theory if price keeps testing one level it slowly loses strength and eventually breaks out/down. If it breaks through with volume another 200 points move expected. This is just a analysis and no recommendation.
Grasim has shown typical pattern of respecting trendline as a resistance. However I have marked a dotted trendline which is forming structure within structure. In a simple words if Grasim regains prices above previous trendline which overall market sentiment positive then there is good chance for Grasim to go up. Do not enter early. This is just for education...
Very interesting setup. As shown in the chart it has followed a trendline in the downtrend. Afterwards a massive breakout. Now it is consolidating at cup line. It may or may not retest the trendline. This is just for education and no tip.
BN closed exactly on trend line Below 200 EMA on 15min time frame Monday opening will be important If it regains 200 EMA then further upside will be seen. This is just for educational purpose and trade idea
in a very tight zone absolute consolidation......as soon as it breaks on either side a big move will come very short term trend negative but long term is still positive this is just for educational purpose and not a trade idea.
Idea share is exactly on trendline If it holds and volume goes down then good time to buy around this area. Note: Market is showing some bearishness currently This is just an analysis no recommendation
BataIndia 1 hr chart Currently stock price is revolving around trendline and previous support areas from where it has shown good bounce back. If it regains the price above trendline good setup for buy. At current price stop loss is very low2. This is not any recommendation just for educational purpose.
Nifty has to trade near trendline and spend some time before breakout. I really doubt it will go up and continue moving up. Next week is monthly expiry so options premium will die soon. we are very near to trendline now and if it breaks with price action then can easily rally. Otherwise, it's going to turn around. This is just my view and no recommendation
Marked nifty levels which will play key role going ahead in terms of support My view will be bullish unless both levels are holded Any chance to buy near these levels will give good risk to reward This is just my view and no recommendation
SRT is trading near support zone as soon as it crosses the trend line its a good time to buy for medium term Note: it has to cross the trendline. This is just for an educational purpose.
Time to be little cautious Unless the marked zone is taken out with volume markets may go sideways or pullback due to profit booking Similar pattern may occur in nifty This is just for educational purpose
Sgx nifty has broken the trend line which was sustained from 27th June Technically two things can happen 1 sgx nifty will retest the trendline and bounce back to move higher 2 it will again come back below trendline In both cases we can see bigger moves This is just for educational purpose
Two times support broken and regained is it a SL hunting before a bigger up move? unless Nifty is holding level above marked line its a buy This is just for educational purpose.