Analysis: 1. Lower Low Banane Ka Signal : Chart mein price consistently lower highs aur lower lows bana raha hai. Agar price ₹1,620 ke support ko todta hai, to agla lower low confirm ho sakta hai. 2. Downside Possibility : Red shaded area (resistance zone) ke neeche rehna bearish signal hai. Agar breakdown hota hai, to agla support ₹1,600 ke...
Analysis: 1. Chart Pattern: The chart shows Hindalco Industries breaking out of a downward-sloping channel . The breakout is supported by recent bullish candles , indicating strong buying momentum. 2. Key Levels: Support: ₹595.35 acts as a key support level. The price bounced strongly from this zone. Resistance: Immediate resistance at ₹619.30 ,...
The provided charts analyze the S&P BSE Sensex Index using weekly and daily timeframes. In the weekly timeframe, the index is seen maintaining a long-term uptrend, supported by a rising trendline. Recent market correction has brought the index down to a crucial support level, marked as the "Perfect buying zone." This level coincides with both horizontal support...
The provided charts analyze the S&P BSE Sensex Index using weekly and daily timeframes. In the weekly timeframe, the index is seen maintaining a long-term uptrend, supported by a rising trendline. Recent market correction has brought the index down to a crucial support level, marked as the "Perfect buying zone." This level coincides with both horizontal support...
Description : The Head and Shoulders pattern on JSW Energy's daily chart suggests a potential reversal to the downside. The key support level at 601.55 is being tested, and if it breaks, we could see a further decline towards 520.60 . The pattern's key components are marked: Left Shoulder : Formation before the rise. Head : The peak followed by a...
Bullish View Analysis for Divi’s Laboratories: 1. Trigger Level: A breakout above ₹5,950 will act as the signal for a bullish entry. This level aligns with the 20 EMA, suggesting that buyers are regaining momentum. 2. Reasoning: The price is currently in a consolidation phase within a range. A breakout above ₹5,950 would indicate buyers are overcoming...
Bullish View Analysis for Divi’s Laboratories: 1. Trigger Level: A breakout above ₹5,950 will act as the signal for a bullish entry. This level aligns with the 20 EMA, suggesting that buyers are regaining momentum. 2. Reasoning: The price is currently in a consolidation phase within a range. A breakout above ₹5,950 would indicate buyers are overcoming...
Discover the critical support and resistance zones for the Nifty Energy Index with a detailed volume breakdown. Learn how the grey zone acts as a pivotal area for potential price action. Will the index break down below key support or bounce back for an upward move? Find actionable trade setups for bullish and bearish scenarios with precise entry, stop...
Arkade Developers ke 4H timeframe chart par Fibonacci retracement ka analysis: 1. Current Price: ₹172.69 2. Key Resistance: ₹175-180 (0.786 Fib level) Agar price is zone ko todta hai, to bullish breakout ki sambhavna hai. 3. Support Zone: ₹170 (0.618 Fib level) Is level ke neeche girne par bearish momentum ho sakta hai. 4. Entry Strategy:...
United Spirits Ltd (1D Chart) is testing a crucial resistance zone around ₹1,563.30 . A breakout above this level could trigger a strong upward move, with a potential target near ₹1,800 . Resistance : ₹1,563.30 Support : ₹1,516.80 Target : ₹1,800.30 Stop Loss : Below ₹1,516.80 If the breakout sustains, this trade could offer a favorable risk-reward...
Symmetrical Triangle Pattern: A symmetrical triangle is a technical chart pattern characterized by converging trendlines. This pattern often indicates a period of consolidation, followed by a breakout. Bullish Breakout : If the price breaks above the upper trendline, it is typically seen as a bullish breakout , suggesting that the price could move higher. ...
Stock Analysis: Roblox (RBLX) The chart indicates a classic breakout pattern after a prolonged consolidation phase: 1. Consolidation Zone : The stock traded within a range of $30-$50 for over a year, forming a strong base. 2. Breakout Confirmation : The recent price action has decisively breached the key resistance at $50 , supported by increasing...
Indraprastha Medical Corp (4H Chart Analysis) Current Price: ₹504.90 --- Key Levels: Support Zones: ₹450 | ₹392 Resistance Zone: ₹520 --- Pattern Explanation: Rectangle Consolidation Breakout: Chart par ek rectangle consolidation ka pattern clear dikh raha hai, jisme price ne ₹450 aur ₹520 ke beech kaafi time tak move kiya. Ab price...
Zeal Aqua Limited (4H Chart Analysis) Current Price: ₹12.90 Key Levels: Support Zones: ₹12.21 | ₹10.21 Resistance Zones: ₹12.32 | ₹15.77 | ₹18.45 --- Pattern Explanation: Double Bottom Pattern: Chart par ek double bottom formation dekhne ko mil raha hai, jo ek strong bullish reversal pattern hota hai. Price ne do baar lower support zone (₹10.21) ko...
Lupin Ltp technical Analysis with Indicators Technical Indicators Overview 1. Moving Averages: Trend: Medium- and long-term moving averages support a Buy signal, indicating that the stock is in a sustained bullish phase. The price is likely trading above critical moving averages (e.g., 50-day and 200-day), adding further confirmation to the uptrend bias. 2....
BSE c&H formation Cup and Handle Pattern Overview 1. Cup Formation: A rounded bottom resembling a "U" shape. Indicates a period of consolidation followed by a recovery. 2. Handle Formation: A short-term consolidation or pullback resembling a downward-sloping flag or channel. Prepares for the breakout. 3. Breakout: Occurs when the price breaks above the...
Bank Nifty Analysis (1 Hour Timeframe): Current Scenario: Price is consolidating within a rising channel, moving steadily towards the gap zone between 52,012.45 and 53,209.10. The gap acts as a major resistance area, and it will be crucial to see if the price manages to close above this level. Volume is relatively stable, but no significant spike indicates a...