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pratik2358

Index witnessed a sideways to bearish day at the opening day of the week ! Resistance placed at 22250-22310 support at 22060 followed by 21930 the overall trend favours a bullish approach ie buy on decline approach

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the pair witnessed a technical breakdown on charts from lows made in 2022 resistances are as marked on chart and for any reliable upmove, it need to sustain above those resistance zones support : well thats a tough question to answer as in a falling stuff . support are a joke !

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The pair is trading in a strong trend the overall trend suggest a likley breakout to take place and led it towards 106.30 and 106.90 mark as long as 104.50-104.40 holds on the lower side

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rounding top like formation in pair indicates lack of srength at higher zones and as long as pair is below 83.20 , it could slip to 82.50 and 82.30 levels

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The U.S. Dollar Index (USDX) is a relative measure of the U.S. dollars (USD) strength against a basket of six currencies, including the Euro, Pound, Yen, Canadian Dollar, Swedish Korner, and Swiss Franc. The index was created in 1973, but remains useful to this day. The DXY pair is trading with bearish tone and is expected to head lower towards 103.25 and...

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A breakout on weekly chart denotes strength it suggest the CONTINUATION IN THE CURRENT MOVE if one refer the charts , as shown by arrows , volume witnessed a great rise and price followed a strong move along with the same THE stock likely to show higher areas its trading well above key average areas and with strength in RSI support at 310-290 zones and with...

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Stock witnessed a breakdown from regression trend and at same time breakdown came on back of earnings, most important to note is that the gap down came below key support zones and thus expect them to head lower. the stock shown a bounce from lower zones ie retracement seemingly done once it start to trade below 580, aggressive pyramid in short will take place...

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stock is strong downtrend its one of theweakmost names in banking space with banking index trading near all time high this stock is at 52 week lows and not just that but at 3 year lows such stocks are ideal sell candidates fr trading and expect a heavy downmove here with a stop above 232 mark

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The stock is strongon charts if w ignore noise regarding the merger stuff if we just look charts, the stock is good as long as its above 114-110 areas and till it holds it is likely to show 152 & 177 on the upside.

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The stock as can be seen i s in a strong uptrend stock is alreay above key averages and is trading above multiweek highs the counter completed the retracement and now its likely to show continuation towards 77-80 mark followed by 87-89 areas on the upside the supports are placed at 60-58 area and only below this stock may turn bearish from current strong...

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today Nifty witnessed a gap up opening, however it failed to sustain at higher zones thus small profit taking move did took place at higher zones GOING FORWARD: expect consolidation in index here-onwards in between 22000-22400 zone sectors like BANKING, IT , likely to do well

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The following stock is largely outperforming the agrochem space in last couple of weeks its in an uptrend The agrochem other peers are in downtrend largely the result were strong and there are high chnaces for the stock to gain market share and become even stronger coming on technicals, it gave a fake downtrend and emerged stronger thereafter its...

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If we look at derivative data 0.80% % DECREASE, with a 3.6% addition in open interest. if we look at volume, there is a 23% rise compared to yesterdays volume iv down by 4 points , pcr is at low point of week and IVP AT 89 percentile . support now at 21930-21960 while after todays cool offnow 22250 -22280 likely to act as a resistance zone

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A rejection took place in polycan at swing highs is something to b e cautious about volumes were 17X more than average volume in a week resistance at the higher end at swing highs and till that is taken out fresh long side trade comes with a risk

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Volume backed breakout took place today stock witnessed a strong upmove today it witnessed around 8% gains with around 18X more volume than average weekly volumes support and resistance as mentioned on charts

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Index witnessed a strong upmove after initial cool off Index witnessed highest ever closing today with Nifty surpassing the mark of 22200 level Going forward ⏩ now Support comes at 22100-22060 area on the lower end followed by 21930 The overall trajectory as can be seen by visible price action suggest that nifty can continue to inch further up towards...

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apple is trading sideways expect a down-move if start trading below 178 mark overall regression trend of 80% above 188-192 mark will resume its strong uptrend volume on sell side are higher than average volume

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how trend works along with trendline thw example of crompton greaves is a good way to understand