*KIRLOSKAR FERROUS IND LTD* Time Frame : Daily Observation: * Cup and Handle Pattern Formation * Swing High Brake Resistance/Target: 300 322 345 358 Support : 248 236 200
This stock is trading in a parallel channel according that you can make setup of swing trade and Investment.
NIFTY - Analysis What happened on Friday, was just a dead cat bounce from 200 ema or can also be called a relief rally to the 50 bps hike. What follows ahead - Expecting NIFTY to fill the gap on the upside (17327 to 17475) first, then resume it's downward journey towards 16250. Will post further analysis after 16250.
*INDIA CEMENTS* Time Frame: Weekly Observation: * Rounding Bottom Pattern Formation * Lifetime High Breakout Resistance/Target: 297 341 385 413 Support: 235 202
The stock is trading in a PARLLEL channel, after a downtrend it is making DOUBBLE BOTTOM pattern. There is a good opportunity for INVESTMENT. > Multiple entries can be done. DISCLIMER:This chart is just for educational perpose.
*ZYDUS LIFESCIENCES* Time Frame : Daily Observation: * Parallel Channel Pattern Breakout on Daily time frame * 380 Swing High Break * Mean (EMA) Diversion on Hourly time frame. Resistance/Target: 401 420 452 486 Support: 350 329; Dynamic Support for EMA 200 on Hourly Time Frame.
It is trading in a PARLLAL channel, if it hits the line and if it gives a bullish big green candle in W TF and D TF then we can aim for 40% up move.
Hammer on the daily chart needs confirmation, but the low price coincides with the Fibonacci level 2 and the static support of the November 2020 high. The stochastic is oversold on the daily, weekly and monthly chart is at 2008 levels. Previous situations always followed by a rebound. On the weekly chart, the rebound occurred followed by an increase in volumes...
*ALKEM LAB LTD* Time Frame: Daily Observation: * Rounding Bottom Formation on Daily Time Frame. * Overall Pharma Sector is doing well. Resistance/Target: 3595 3786 3947 4070 Support: 3158
*BAJAJ FINANCE LTD* Time Frame : Weekly Observation: * Cup and Handle formation on Weekly Time Frame. * Breakout level at Life Time High. Resistance/Target: 8050 8615 9160 9495 Support: 7190 6861 6350
nifty target for 22 expiry ~~17517,17410 Nifty data & chart also bearish ~~ do be careful with long on expiry note:-- 1) 1d tf expended flat correction wave still running 2) 1 h tf Bearish Wave 3 Impulse running
*ACC LTD* Time Frame: Weekly Observation: * Parallel Channel Breakout on Daily Time Frame. *Rounding Bottom formation. *Life Time High Breakout on Weekly Time Frame. Resistance/Target: 2987 3352 3717 3943 Support: 2394 2087 1900
*GUJARAT GAS LTD* Time Frame : Daily Observation: *Trend Line Breakout on Daily time Frame. *Tested Breakout Level 520 - 535 Resistance/Target: 577 611 66 721 Support: 488 445 403
*BRITANNIA INDS* Time Frame: Daily Observation: * Near Parallel Channel Breakout Resistance/Target: 3949 4149 4376 4518 Support: 3564 3401 join our community for daily Chart Analysis.
*CIPLA LTD* Time Frame: Weekly Observation: * W pattern formation Breakout. *Lifetime High Breakout. Resistance/Target: 1148 1231 1313 1364 Support: 1st 1014 2nd 890
If the conditions of the market continues I will go short on this area. Currently DXY is making huge movements and we have to be carefull with possible rises on the quantitative thightening.
I have been published an idea previous weeks that market will fall , especially bitcoin. Now i am going to clear this for you people that bitcoin is making inverse cup and handle form. So bitcoin will fall to 13k to 16k soon , then it will step on on the bullish track. Its on higher time frame so you have to wait for proper long term investment 😉🙂.
LT closed above resistance with bullish engulfing on daily chart very strong. Good for swing trading and investment too. Fundamentally very strong company. Enter aroud 1610-15. Targets are 1670, 1850, 2000 or more. SL : 1430 on closing basis. Saptarish Trading