VanshikaUdeshi

VanshikaUdeshi

Building upon the analysis conducted yesterday, it is observed that NSE:FSL stock has successfully experienced a breakout upside from the Pennant pattern. Today's price action has confirmed the Pennant pattern breakout, signaling a continuation of the prevailing uptrend. The breakout is characterized by a decisive move above the upper trendline of the Pennant,...

VanshikaUdeshi

Uptrend Observation: The first notable aspect of NSE:FSL stock is the sustained uptrend it has displayed over a significant period. This bullish movement is characterized by higher highs and higher lows, indicating a strong buying interest in the market. Identification of Pennant Pattern: A Pennant is a technical analysis pattern that resembles a small...

VanshikaUdeshi Updated 

Over the past few days, NSE:BANKNIFTY has experienced a downtrend, presenting an opportunity for traders to analyze a potential reversal through the formation of a rectangle pattern. The rectangle pattern is a horizontal consolidation pattern characterized by parallel support and resistance levels. It indicates a period of market indecision, where buyers and...

VanshikaUdeshi Updated 

Over the past few days, NSE:BANKNIFTY has been exhibiting a downtrend, indicating a bearish sentiment in the market. However, a notable development is the formation of a double bottom structure, which could potentially signal a reversal in the current trend. The double bottom pattern is a bullish reversal pattern that typically occurs after a prolonged...

VanshikaUdeshi

NSE:BANKNIFTY has broken a trendline. Trade can be taken after closing of candle above the trendline. A strict stoploss should be kept and targets for the same are given. The broken trendline is an important trendline as it has been resistance since 3 weeks. There can be a retesting of the trendline levels.

VanshikaUdeshi Updated 

NSE:BANKNIFTY has made Symmetrical wedge. After the fall in 15 mins chart on 2nd Jan 2024 NSE:BANKNIFTY has formed symmetrical triangle where there is a possibility of breakout. I have given Target and stoploss and reasoning of the target on the chart itself. One should wait for the breakout to happen and then closing of candle above the breakout. If the...

VanshikaUdeshi

Symmetrical Wedge is in formation in NSE:BANKNIFTY at 15 mins chart. After the breakout of either side and closing of candle(confirmation) one can enter the trade keeping target of distance between high to low of the base

VanshikaUdeshi Updated 

NSE:BALAMINES is retesting after the breakout. Stop Loss and Targets for the same is given.

VanshikaUdeshi

NSE:ORIENTHOT had already given breakout and now it is Retesting to the Trendline. The Fibonacci is providing Upside Targets. Stop Loss for the same is given.

VanshikaUdeshi

NSE:BALAMINES has broken 9 Month old trendline. Long trade can be taken after closing above the trendline.

VanshikaUdeshi

NSE:RAYMOND has again come near its trendline support. Raymond has been slipping due to internal problems of Md.

VanshikaUdeshi

NSE:SYMPHONY is a seasonal stock which means it has its lows in the months of Oct-Dec and highs in the months of march-May. One can buy and hold for 6 months for the given target and with a strict stop loss to be followed.

VanshikaUdeshi Updated 

NSE:ITDCEM is making double bottom. Trade should only be taken after completion of pattern that after closing of candle above neckline.

VanshikaUdeshi

NSE:DWARKESH has broken Trendline. Let's see if the breakout sustains at the end of the day.

VanshikaUdeshi

NSE:RENUKA has given a trendline breakout. Lets see if it can sustain this breakout

VanshikaUdeshi Updated 

NSE:AFFLE has broken the trendline. Confirmation can be done only when candle closes above trendline.

VanshikaUdeshi Updated 

NSE:RENUKA is breaking a 11 month trendline. Breakout can be confirmed once the candle closes above trendline.

VanshikaUdeshi

NSE:TEJASNET gave a breakout of Symmetrical triangle and now there is retest.