Symmetric Triangle Pattern Resistance Zone: 1770-1775 Upside Target: 1795-1800 Support Zone: 1713-1718 Downside Target: 1665-1670
3rd Impulsive Wave (5th Eliott wave) in Daily Time Frame Resistance Zone: 2435-2440 Upside Target: 2490-2496 Support Zone: 2400-2415 Downside Target: 2380
Trendline Breakout Trade CMP: 1254.45 Upside Targets: 1340-1355, 1410-1420, 1460-1472, 1510-1520 It will retrace most probably and you can make a fresh entry but if it rises then you can enter above 1260
Rising Wedge Pattern Resistance Zone: 675-678 Upside Target: 688-690 Support Zone: 657-660 Downside Target: 618-620
Bearish RSI Divergence Support Zone: 874-879 Downside Target: 840-847 Resistance Zone: 895-900 Above this zone, SUNPHARMA will be strong
Important Zone: 38415-38815 Upside Target: 39280-39340 Downside Targets: 37365-37435, 37000-37070, 36390-36440 Note: I am keeping the downside targets big, please take care of your position-sizing risk
NIFTY: 17374.75 SGX NIFTY: 17195 ST Outlook: Short Buildup, PCR: 0.80, RSI=47, MAX PAIN=17400 Symmetric Triangle Pattern Important Zone: 17310-17455 Upside Targets: 17620-17640, 17740-17765 Downside Targets: 17131-17165, 17060-17070, 16865-16885
"W" Pattern and a long tail rejection candle above 200EMA(3430) CMP: 3514 Resistance Zone: 3594-3610 Upside Target: 3737-3756 Support Zone: 3350-3370 Downside Target: 3250-3280
Triple-Top Pattern CMP: 2331.30 (200EMA:2316) Resistance Zone: 2335-2340 Upside Targets: 2359-2362, 2380-2384, 2413-2417, 2499-2504 Support Zone: 2309-2320 Below this zone, Reliance is weak
Symmetric Triangle Pattern CMP: 730.65 Resistance Zone: 750-762 Upside Targets: 778-780, 797-802, 817-823 Support Zone: 705-715 Downside Targets: 693-697, 675-678, 655-662
Symmetric Triangle Pattern CMP: 720.20 Important Zone: 698-715 Upside Target: 758-765 Downside Targets: 678-683, 657-662
Flag and Pole Pattern on shorter time frame CMP: 735.20 Entry above 740 Target: 748-750 SL below 732
PCR: 0.61 MAX PAIN: 39000(Bullish) MT Outlook: Long Buildup RSI= 60.23 Symmetric Triangle Pattern Resistance Zone: 38870-38915 Upside Target: 39328-39360 Support Zone: 38620-38735 Downside Targets: 38338-38425, 38057-38110, 37675-37755
SGX NIFTY:17470 (-0.11%) (-19.5 pts) NIFTY:17516 Daily Time Frame: A small-sized bearish candle RSI=48.51 PCR:0.57 MAX PAIN: 17550(Bullish) MT Outlook: Short-Covering Symmetric Triangle Pattern Resistance Zone: 17595-17695 Upside Target: 17728-17738 Support Zone: 17465-17485 Downside Targets: 17356-17397, 17240-17286, 17146-17167
Symmetric Triangle Pattern Resistance Zone: 162.40-162.80 Upside Targets: 164.70-164.90, 167.50-167.80 Support Zone: 161.25-161.65 Downside Targets: 158-158.20,154.50-154.80
Flag and Pole Pattern on a longer time frame It has been consolidating since October 2021 Now, this is medium term trade CMP: 497.30 Resistance Zone: 525-528 Upside Targets: 545-550, 575-580, 595-600
Flag and Pennant Pattern on a downtrend seems bullish but we will wait for a confirmation Entry stop above 1507 Upside Targets: 1573-1580, 1627-1630 Entry stop below 1486 Downside Target: 1415-1420
Inverted Flag and Pole Pattern Entry Stop Above 1946 Upside Target: 1988-1955 Entry Stop Below 1890 Downside Target: 1845-1850