Symmetric Triangle Pattern Resistance Zone: 3720-3730 Upside Targets: 3764-3774, 3800-3805, 3837-3845 Support Zone: 3675-3685 Downside Targets: 3645-3650,3620-3630
Symmetric Triangle Pattern Resistance Zone: 38270-38390 Upside Target: 38740-38800 Support Zone: 37580-37670 Downside Targets: 37000-37055, 36600-36645, 36390-36420
Daily Time Frame: Inverted Hammer Candle (But weak signal) RSI=37(Bearish momentum) Max Pain: 17200 (Bullish) MT Outlook: Short Buildup (Bearish) Falling Wedge Pattern breakout now it's retesting again (Let's see whether breakout is false or not) Resistance Zone: 17165-17190 Upside Targets: 17340-17360, 17530-17550 Support Zone: 16995-17045 Downside Target: 16880-16996
Head and Shoulder Pattern (Bearish) CMP: 1828.35 Support Zone: 1810-1820 Downside Target: 1795-1800
Head and Shoulder Pattern (Bearish) CMP: 861.70 Support Zone: 839-845 Downside Target: 828-830
Cup and Handle Pattern(Bullish) CMP: 2325.50 Resistance Zone: 2325-2330 Upside Target: 2364-2369 SL below 2300
Falling-Wedge found in uptrend is said to be a continuation pattern but we will wait for confirmation Resistance Zone: 1530-1535 Upside Target: 1570-1577 Support Zone: 1495-1500 Downside Target: 1480-1485
Double-Bottom Pattern Breakout CMP: 804.50 Upside Targets: 811-813, 818-820 SL below 804
Daily Time Frame: Dragonfly Doji (Bullish in nature but it's made on the middle of the trend so we will wait for confirmation) RSI=53(Neutral) PCR=0.74(Bearish) Ascending Triangle Pattern Breakout Resistance Zone: 37500-37580 Upside Targets:38045-38150, 38280-38330, 38730-38780 Support Zone: 37095-37250 Downside Targets: 36800-36850, 36485-36545
Daily Time Frame: Doji Candle (Undecisive) RSI<50(Weak) PCR: 0.72 (Bearish Sentiment) MT Outlook: Long Unwinding Downtrend Confirmation: Daily Candle Closing Below 17580 with good volumes and strong red candle Support Zone: 17486-17596 Downside Targets: 17350-17380, 17200-17250 Resistance Zone: 17700-17525 Upside Targets: 17780-17820, 17918-17955, 18050-18080
Price has already broken its 0.5 fib-level with good volumes MT Outlook: Long buildup Resistance Zone: 1557-1570 Upside Target: 1605(0.618 fib-level) SL below 1478
Reasons to Trade: 1.Ascending Triangle Breakout 2.Long Buildup 3. Strong Trend and Momentum Resistance Zone: 247-253 Upside Target: 265-268 Support Zone: 208-211 Below this zone TATAPOWER is weak
Prices Trading in a channel Entry should be breaking of channel either upside or downside Upside Target: 280 Downside Target:236
Reasons to Trade: 1.Ascending Triangle Pattern(Bullish) 2.Long Buildup 3.RSI>60(Strong Momentum) Resistance Zone: 992-996 Upside Targets: 1000,1009 Support Zone:985-987 Downside Targets:976.8,969.8
Reasons To Trade:1.Trendline Breakout 2. Good Volumes 3. Long Buildup Resistance Zone: 1375-1400 Upside Target: 1420 SL below 1310
Resistance Zone: 38387-38500 Upside Target: 38763-38800 Support Zone: 37944-38070 Downside Targets: 37744, 37492
Flag and Pole Pattern(Bullish) 20EMA and 50EMA Crossover Resistance Zone: 17270-17290 Upside Target: 17390-17400 Support Zone: 18120-18150 Downside Targets: 18065-18080, 17975-17990, 17890-17910 Well the market is showing signs of bullishness but still keep a neutral stance because the market has already rallied a lot and there is no long buildup on short and medium term
Double-Bottom Pattern Daily Time Frame MT and ST Outlook: Long Buildup Volume>Volume 50MA Entry above a green candle sustaining CMP(1030.95) Target 1065 SL below 1000