JKIL looks bullish on monthly and weekly time frames. It's been making cup and handle patterns. It almost broke the neckline with volume. If it breaks the current level & retraces the breaking line with significant volume, we may see 600 above levels in a couple of years. Good for investment purposes
RSI divergence on 75 mins TF If it breaks & retests 1295 level on 15 mins TF, that would be the entry point.
If NIFTY is following Elliott wave, it looks like 3rd impulsive wave has achieved its 1.618 target. It clearly shows loosing buy strength if compare to RSI divergence with Price. Market may follow down trend if it is the 4th corrective wave on 15 mins time frame.
If BANKNIFTY is following Elliott wave, it looks like 3rd impulsive wave has achieved its 1.618 target. It clearly shows loosing buy strength if compare to RSI divergence with Price. Market may follow down trend if it is the 4th corrective wave on 15 mins time frame.
TATAPOWER Corrective wave - descending or contracting triangle The price already broke the level on the downside & looks like retesting the SR flip. The next support level is 136.
BankNifty [NSE:BANKNIFTY looks bullish on 75 mins TF if it is following a corrective wave 'B'. We may see level 41800 in the near future if the analysis goes right.
NIFTY shows divergence on 75 mins TF If NIFTY breaks & retests 16986 levels on 15 mins TF, then we can see upside move.
Adani Enterprises looks bearish. It show RSI divergence on 75 mins TF. It should retrace level 1856 & then carry on with down trend. It will become bullish if it breaks 1850 level on upside.
Adani Enterprises looks bearish on a hourly time frame. If it breaks 3760 levels, there would be an opportunity to enter a positional trade on down side with stop @ 3930 & target 3300 levels. Risk reward ratio 2.50
Nifty is in downtrend and has retraced back to 0.65 level (18230). If it continues the same trend and breaks the 0.786 level (18320), it would be bullish and keep following the uptrend.
HEROMOTOCO looks bearish on 75 mins time frame. It has already crossed the trendline on the downside. Also retested level 2780 and continued following the trend. It would be wise to stop if it reverses and crosses the 2810 level on the upside.
Its been making rounding bottom and crawling upwards gradually. Key level is 9. If it breaks that level with volume, it can reach level 11. It it follows the trend, we can also see level 18 soon. Below level 6 it would be weak.
9 & 20 MA about to cross 50 MA RSI crossed 40 levels on the downside increasing RED volume once it breaks the previous candle's low, chances are getting short trade for the RRR 1:2
NSE:IOB It looks bullish on 1D time frame. It has already crossed the trend line on upside and retested the level and coming back up. If it follows the upward trend then you will see 28 level in a month or so.
SRF Bearish Flag Pattern on 1hr time frame Target Achieved
Skipper Ltd. looks bullish Height of the Cup from the resistance is the target from the breakout
A Bullish Flag Pattern forming in Apollo Tyres 1 day time frame.
Gold future tested level 53000 quite a few time and making cup n handle pattern on a weekly time frame. Relative strength index turned back up after touching level 60. Broke the trendline, retested the level and heading back up on 4 hour time frame. If it breaks the level we can see level 59900.