Dinesh_C_Nagpal

Dinesh_C_Nagpal

Hello and welcome to this analysis Nifty on hourly time frame has activated a Bullish Harmonic ABCD As long as its above 17025 it can retest 17400-500 this week

Dinesh_C_Nagpal

Hello and welcome to this analysis The stock had a very sharp decline in September due to management reshuffle. It is now showing a reversal from a strong base area. Short term Ichimoku is indicating a possibility of 530 and 560 if it holds above 490 Good risk reward set up at current juncture.

Dinesh_C_Nagpal

Hello and welcome to this analysis TATA MOTORS gave a sharp dip from its slanting trendline and now at 390 has formed a Bullish Harmonic Reciprocal AB=CD It could do pullbacks till 430-440 as long as it does not break below 390 Good Risk Reward set up at this level. Happy Investing

Dinesh_C_Nagpal

Hello and welcome to this analysis DLF has initiated a Bullish 5-O Harmonic Pattern in this pullback. It could do in the short term 370-380 and 475 in the medium term as long as it does not break below 340 Bullish Harmonic 5-O patterns are spotted in pullbacks which make higher lows and thereby continuation of prevailing uptrend. Happy Investing

Dinesh_C_Nagpal

Hello and welcome to this analysis Oil India in the daily time frame after activating a Bullish Harmonic ABCD completed a 38% Fibonacci retracement. In the process it activated an Ichimoku C Clamp in the weekly time frame. Stock could be accumulated between 180-190 for 210 (short term) 240 (medium term) and 350 (long term) View would be invalid below 170 Happy...

Dinesh_C_Nagpal

Hello and welcome to this analysis VEDL has given a Bullish Harmonic Sea Horse breakout indicating a target near 415-425 with a stop loss at 255. It could be accumulated between 325-285 with a stop loss at 255. Medium term bullish structure with a good risk reward set up Happy Investing

Dinesh_C_Nagpal

Hello and welcome to this analysis MAHSCOOTER has given a Cup & Handle breakout in monthly time frame. It can be accumulated between here and 4500 for a target of 7500

Dinesh_C_Nagpal Updated 

Hello and welcome to this analysis BIOCON which has been in a downtrend for a very long time now has given a mega reversal signal via an ABANDONED BABY BOTTOM Abandoned Baby Bottom reversal are similar to Island Reversals, where the isolated candle is formed with a gap down preceding it and a gap up succeeding it. This could now rally till 320-340 where it...

Dinesh_C_Nagpal Updated 

Hello and Welcome to this analysis HINDUSTAN UNILEVER the FMCG giant in hourly time frame is forming another ascending and inverted scallop bullish formation. Ascending & Inverted Scallops have a success ratio of approx 70%. They are found in bullish trends and their formation works wonderfully with Fibonacci ratios as found in this case. It looks good for...

Dinesh_C_Nagpal Updated 

Hello and welcome to this analysis Crompton in daily time frame appears to have completed its pullback of a triangle breakout As long as it does not trade below 383 it could resume its uptrend and complete the triangle breakout target of 445. Good Risk Reward ratio at the current juncture Happy Investing

Dinesh_C_Nagpal

Hello and welcome to this analysis ACC in weekly time frame has activated a Bullish Harmonic Seahorse. It can rally till 2800 in the medium term with a stop loss at 2150. Not for short term derivatives.

Dinesh_C_Nagpal Updated 

Hello and welcome to this analysis UKOIL (Brent Crude) is approaching the PRZ (Potential Reversal Zone) of two bullish harmonic patterns, AB=CD and Gartley near $85. This level also coincides with the monthly Ichimoku Base Line support. The expected rally from the suggested levels could take it towards $115 In case the up-move takes place before completion of...

Dinesh_C_Nagpal Updated 

Hello and welcome to this analysis Bank Nifty after a stupendous run has reversed from a Bearish Harmonic Alt Shark suggesting a probable 38-50 Fibonacci retracement of the entire run since mid June. Harmonic patterns are formed when structures synergize with Fibonacci ratios thereby giving higher probabilities of reversal confirmations. This view will be valid...

Dinesh_C_Nagpal

Hello and welcome to this analysis Havells has given a fresh breakout today after consolidating between 1290-1320. It could rally till 1375/1425 as long as it does not break below 1310.

Dinesh_C_Nagpal Updated 

Hello and welcome to this analysis on NIFTY From the high's of 18600 made in October 2021, every pullback leg of Nifty has been approx 88% 18350 on 18 Jan 2022 was 88% of the decline from 18600 to 16410 18115 on 4 April 2022 was 88% of the decline from 18350 to 15670 The current rally is at 78% of the decline from 18115 to 15185. So what lies ahead, lets try...

Dinesh_C_Nagpal Updated 

Hello and welcome to this analysis based on Harmonic Trading Patterns In the daily time frame it has made a Bearish Harmonic ABCD pattern with perfect balance symmetry. It could retrace down to 440 - 430 as long as it does not trade above 461 As per Option Data also July Series 460CE is seeing fresh shorts being added and 440PE is seeing short covering. While...

Dinesh_C_Nagpal

Hello and welcome to this analysis TCS is attempting a breakout from its slanting channel which suggest a possible upside till 3350-3450 as long as it does not break below 3075 It could be the rank outperformer among IT stocks in the month of AUGUST.

Dinesh_C_Nagpal Updated 

Hello and welcome to this analysis Glenmark after consolidating near its monthly support attempted a fresh upmove from 350 to 400, Post that it has made a sideways corrective forming a Bullish Harmonic ABCD. The current reversal from 375 could be a higher low of the new uptrend in it and it could rally till 410-425-450 as long as it does not breach 374....