Hello & welcome to this analysis of 1 Nifty Next 50 2 Nifty Mid Select 3 Nifty Commodities 4 Nifty Energy 5 Nifty Infrastructure 6 Nifty IT 7 Nifty Pharma The above are based on Ichimoku, Harmonic Trading Patterns & Elliot Waves All the best for your trading & investing Regards
Hello & welcome to this analysis Stock has declined to a strong Fibonacci level which coincides with an equally strong Ichimoku support. As long as it holds the 460-390 level it has potential for strong upside with short term resistance coming in at 580-640 Happy Investing
Hello & welcome to this analysis In the monthly time frame its holding onto a rising trendline making a higher low & higher high pattern. Failure to sustain above 8.50 could lead to further downside towards 7.25 - 5.75. In the daily time frame its forming a divergence which requires it to sustain above 10.50. Next big resistance at 12.50 then 14 and 16 Happy...
Hello & welcome to this analysis Stock has been very turbulant since its listing. Initially a sharp disappointment for IPO investors and then a super duper rally from lows giving investors a 100% return. However in the last few weeks its gone into a sideways zone. Resistance at 1000-1050 with support at 850-800 Good stock to accumulate if 800 holds for decent upside
Hello and welcome to this analysis After reversing from a bearish harmonic Gartley pattern its now gone on to test its previous breakout level. In lower time frame its forming a bullish RSI divergence. Sustaining above 7400 it could retest 7700 and more provided it does not break 7200. Happy trading and investing
Hello and welcome to this analysis With FED all set to start the rate cut cycle from today's FOMC meet, DXY is expected to enter the potential reversal zone (PRZ) of not one but two bullish Harmonic patterns, namely, bullish AB=CD and bullish Crab, likely forming a triple bottom in the weekly time frame. The PRZ is between 100 - 99.60 while the patterns would be...
Hello & welcome to this analysis Stock has gone 10x in the last 4 years (pandemic lows till now) In between it had seen a correction which was less in terms of price but more in terms of time (4 months) Currently resistance at 135 and then 150 with support at 110-100 Overall looks good to add on dips for upside. Happy Investing
Hello and welcome to this analysis Stock is consolidating near its all time high levels. Breakout would be above 115 with strong support between 98-85 One could accumulate on dips and or on breakout for upside potential. Happy Investing
Hello and welcome to this analysis Since end Jan we have see the stock consolidate and drift down, prior to that for 4 years the stock gave a strong rally. Crucial support at 90-95 with strong resistance at 150. Investors could look to accumulate as medium to long term outlook remains very strong. Had covered Union Bank of India earlier this month. Link is...
Hello & welcome to this analysis Stock has been a major underperformer continuously making lower high and lower low. In the immediate short term it needs to start sustaining above 720 to witness short covering and then above 750 it could witness institutional buying. Failure to hold 690 on daily an 680 on weekly basis could lead to further weakness. All the...
Hello & welcome to this analysis Stock is moving withing a weekly parallel channel. Swing lows had formed a Bullish Harmonic Cypher pattern. Short term resistance 980 and support at 900. Medium term v strong support at 800-775 for possible upside levels of 1125-1300-1500 Happy Investing
Hello & welcome to this analysis A fundamentally v strong co with a 20% market share, stock has bounced from a 61% Fibonacci level. Accumulation between 625 on the downside till 925 on the upside would be a medium to long term investment strategy for decent upside Happy Investing
Hello & welcome to this analysis Bank stock currently consolidating near a support in short term appears wobbly. Below 125 it could slip down to 110-90 where it could once again see smart money buying it. Resistance for now between 145-155, only above that in my opinion it would see any upside momentum Overall medium to long term outlook appears very bullish,...
Hello & Welcome to this analysis Silver has activated a Bullish Harmonic Gartley in daily time frame MCX Silver due to budget day duty cut has seen the pattern gone invalid but appears likely to bounce back along with Comex Silver Possible upside levels Silver (Comex) 4hr close above $27.10 opens for $28.65 / $ 29.40 / $30.40, SL would be today's low...
Hello & welcome to this analysis It was listed in end 2022 and ever since we have see the stock move across both sides. Currently in a parallel channel zone with strong support near 650 and a possible breakout above 725 Happy Investing
Hello & welcome to this analysis It has resistance near 550 while strong support between 500-450 One can accumulate the stock in the wider range of 550-450 for possible upside levels of 650-725-900. View would go wrong if it starts slipping below 350 Happy investing
Hello & welcome to this analysis In the short term resistance is near 685 with support at 640 below that 600 Upside potential for the stock above resistance is at least till 800 Overall a very strong stock with not many deep reversals. Happy Investing
Hello & welcome to this analysis Stock is completing its triangle and appears all set to break above it. Accumulation between 1550-1650 looks like a good idea for upside potential of 2300. View negates below 1325 Happy Investing