Nifty Finance Daily Chart Analysis Nifty Finance is currently trading near a diagonal support line on the daily chart. After taking strong support, the price has shown bullish momentum, first forming a Piercing pattern and now a Bullish Engulfing pattern with a large bullish candlestick. The price is trading near 24,000, and the next move will depend on how it...
🚀 Copper Breakout Potential 🚀 Asset: Copper ($3.86318) 1. Mirroring Silver : Copper, like Silver, has formed a symmetrical triangle pattern, but with a shorter timeframe of 2.5 years. This pattern similarity across assets can be significant. 2. Crucial Zone : Copper is currently trading within a narrow range near its resistance level. This zone highlights...
🚀 Silver Breakout Potential 🚀 Asset: Silver ($23.200) 1. Long-Term Triangle Pattern: Silver has formed a clear symmetrical triangle pattern on the weekly chart over the past 4 years. This pattern indicates a period of narrowing price action, with a breakout likely to trigger significant movement. 2. Consolidation Zone: Currently, Silver is trading within a...
🚀 Gold Breakout Analysis 🚀 Asset: NSE:GOLD (2086) 1. Significant Rectangle Breakout: After a prolonged consolidation within a rectangle pattern spanning nearly 4 years, Gold has finally broken out to the upside. This signifies a potential major trend change. 2. Bullish Confirmation: Today's Marubozu candlestick strongly confirms the breakout, indicating...
Breakout Chart to Watch: NSE:RITCO 287 1. Cup and Handle Breakout (Case Study): Time Frame: December 2022 - July 2023 Breakout Level: 195 Outcome: Successful breakout to 292 levels Gain: 50% Explanation: RITCO recently experienced a notable cup and handle pattern breakout, characterized by a robust move from the breakout level of 195 to 292. This gain of 50%...
Case Study of Patterns in NSE:NCLINDIA 183 ### 1. Ascending Channel Pattern (May 2009 - Nov 2010 ): - Time Frame: 1.5 years - Pattern Characteristics: - Upward Sloping Channel - Range of 20 points - Breakdown: - Breakdown Level: 78 - Price Decline: 50% or 37 points - Strong Volume and Price Strength during...
📈 NSE:LIBERTSHOE 282 1. Support and Resistance Mapped: The chart for NSE:LIBERTSHOE prominently displays significant support and resistance levels. Of particular note is the formidable resistance point at around 280, hinting at a potential breakout. 2. Chart Pattern Unveiled: An intriguing ascending triangle pattern has taken shape on the chart. This pattern...
📊 NSE:CORDSCABLE In-Depth Analysis at 102.7 🚀 📈 Long-Term Upside Potential: Over the past 5 years, this stock has shown significant upward movement. Starting from a breakout in a rounding bottom pattern at the 85-level, it's been on a consistent bullish trajectory. This historical context sets the stage for further analysis. 📉 Current Consolidation Phase:...
NSE:ZOTA 448 1. Rectangle Pattern with Time Frame of 2 Years 2. Rectangle Pattern at all time high 3. Strong Volume during the recent upside in the chart and breakout with strong volume 4. Upcoming levels to watch 500-560-600+ 5. Support to watch 360-400 #TechnicalAnalysiswithMrChartist
NSE:JUBLINDS 601 1. Cup and Handle pattern Formation with TF of 10 Months 2. Strong Volume in the last few days with strong volume and price in the chart 3. Additional Confirmation of breakout will be above the 600 level and if stock able to sustains above this price can move towards the 680-760 levels 4. Support to watch near the 520-480...
NSE:VBL 868 1.Price movement is moving according to the Ascending Triangle Pattern (TF- 6 Months) 2. Breakout with the Bullish Marubozu candlesticks 3. Strong volume in last two days in row 4. Upcoming levels to watch 925-100 Levels 5. support to watch the 820-800 levels #TechnicalAnalysiswithMrChartist
NSE:GRSE 657 1. Rectangle Pattern's movement continue (Breakout was at 525 level) 2. Fresh Pole and Flag Pattern Breakout in the chart at 625 level with strong Volume 3. Upcoming levels to watch 725-800 levels 4. Support near the 600-550 level on the chart. 5. Recent uptrend is making this pattern strong 6. Today's Gap can consider as Breakaway Gap....
Breakout Chart to Watch NSE:VLSFINANCE 197.8 1. Rectangle Pattern Breakout with Time Frame of 1.5 Year 2. Strong Volume during breakout at 185 to 200 level 3. Strong Candlestick formation in the chart 4. Upcoming levels to watch 230-251 levels 5. Support near 188/180 levels #TechnicalAnalysiswithMrChartist
NSE:TDPOWER (163) 1. Support & Resistance Levels: Support levels: 150 (Resistance becomes support) Resistance levels: 185-200 2. Pattern: The stock is currently trading above the curve pattern breakout with a flat resistance level at around 167 and a recent uptrend supporting upside movement 3. Volume Analysis: The trading volume has spiked during the recent...
NSE:HIKAL 412 1. Ascending Triangle Pattern Formation (TF- 8 Months and Range- 400-332) 2. Breakout with Strong Volume and Price 3. Support near 375 level (Swing Low) 4. Resistances to watch 450 and 550 levels #TechnicalAnalysiswithMrChartist