Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits. SBI - very well poised for an upmove. Good trend zone support with multiple previous interactions at this zone. - Reasonable RR and small SL also. BUT if it breaks and goes below than can be a Head and Shoulders pattern also.
Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits. Glenmark Pharma Good for possible long upside for 1 : 3 RR SL of 20 rs. Swing highs mark the upside resistances and trendline zone is acting as support.
On weekly TF Retest of a consolidation range breakout which has lasted for a year. possible upto 1:3 RR SL Targets mentioned. Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits.
15.6.23 - 5 pm Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits . Analysis - On daily TF 1. Has closed below rising trendline, so looks like a breakdown. 2. Has closed below 200 EMA 3. Seems to break lower trendline also. 4. RSI also is heading towards oversold zone. Lot...
16.6.23 - EOD 9.30 PM Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits. ICICI Bank Observations on daily TF 1. Flag and pole formation 2. Flag breakout can happen in near future. 3. Inside bar candle formation on last 2 candles 4. If breakout happens on upside then...
Bullish Engulfing on Daily TF. Hoping for a breakout from the trendline to reach towards the target zones marked with red lines.
CMP - 1977 - 14th march 2022 Possible upmove till 2060. If crosses 2090 ~ 2100 comfortably then more upside possible till 2200 levels... S/R plotted Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits.
CMP - 7316 - 14 mar 22 S/R levels are plotted. Fibo levels show comfortable breach on upside of 23.6% Bullish engulfing on daily TF. Can reach 7450 / 7500 Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits.
CMP - 2229 - 14th march 2022 Upmove already happened but still long way to go. S/R plotted and Fibo levels also marked. Next fibo level possible. But upmove also fueled by China Lockdown which will drive RM prices higher and which in turn will help Deepak Nitrite move up. Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I...
14th march 2022 CMP - 1048 levels. Currently at FIBO resistance level. If crosses this level with good volume, 1100 levels possible for short term. Caveat - RSI also already on high side. Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits.
Support and Resistances plotted. Absolute target is highest swing high. Zone marked in rectangle is strong support zone
Consolidation phase as marked on chart. Waiting for breakout. Fibo levels plotted for resistances
RELIANCE TAME Support and resistance zones marked on chart. This is earlier chart of nearly 2 years ago which i have updated. In earlier chart FIBO levels were plotted and even during this time till now those FIBO levels had played out nicely...