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Here's a detailed technical analysis using Elliott Wave Theory (EWT), Fibonacci, and volume/RSI interpretation for CARYSIL LTD (Weekly Chart): 🔍 Chart Analysis Summary: 1. Trend & Structure A falling trendline was broken decisively with strong bullish candles and high volume—indicating a trend reversal. The recent structure indicates a potential Wave 3 rally if...

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🔍 Chart Analysis 🏗️ Structure & Patterns A perfect Cup & Handle formation is visible. Price has broken out above the neckline (~₹98,000) but is currently in a pullback phase, forming the handle. A falling wedge breakout is also seen prior to the breakout — a bullish continuation pattern. 📐 Fibonacci Retracement 0.382 level at ₹96,132 0.5 level at...

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🔍 CHART ANALYSIS (Weekly Timeframe) 🟩 Trend & Price Structure: Long-term uptrend is intact (since 2020), though it underwent a correction starting in 2022. Price has respected a trendline support (dotted black), but recently broke below it and is now attempting a reclaim. There’s a clear breakout from a falling wedge (pink trendline), which is a bullish...

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Trend & Structure: Price has broken out of a long-term falling trendline, indicating a potential trend reversal. Immediate resistance at ₹65 has been cleared, suggesting bullish momentum. Breakout level is marked and retested, forming a higher low, adding confirmation to the uptrend. Volume: Breakout is accompanied by rising volume, a positive sign of...

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1. Elliott Wave Count Wave 1 peak near ₹26,375 (retraced by 0.618 for Wave 2 – valid). Wave 3 extends strongly till near ₹40,856 (confirmed as the largest wave). Wave 4 seems to have: Landed in the previous demand zone RSI not oversold but near midpoint → healthy correction Found support slightly below 0.382–0.5 Fib zone (valid depth for Wave 4) ➡️ Wave 5...

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#MaithanAlloys may have completed Wave 2 at ₹792. Eyeing Wave 3 targets: ₹2,072 → ₹2,879 → ₹3,945 📈 Weekly breakout + volume ✅ | RSI strong SL below ₹1050 | #ElliottWave #Fibonacci #BreakoutStocks

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🔍 Analysis: Cup Formation: The rounding bottom or "cup" pattern suggests accumulation and a potential reversal. The breakout above the cup’s lip (~₹475) is confirmed with volume. Price has tested the ₹575 zone but faced resistance. Volume Analysis: Noticeable volume spike during the upward breakout phase confirms buying interest. Sustained volume will be...

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Hindustan Copper approaching a "Do or Die" zone near ₹261—confluence of resistance & falling trendline. Bounce from 0.618 Fib at ₹201 strong. Watch for breakout with volume — targets ₹319 / ₹415 possible. RSI nearing overbought; short-term caution.

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simple price action says everything on the chart- 200 is indeed looking good- track tata steel.

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Chart Analysis: Instrument: Gold Futures (1-hour timeframe) Key Patterns Identified: Flag & Pole Pattern: A sharp upward move (pole) followed by a consolidation (flag) indicating potential continuation. Rounding Bottom: A gradual rounding formation indicating accumulation and potential upward movement. Sloping Trendline Resistance: Marked as a diagonal dashed...

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The chart follows Elliott Wave Theory, Fibonacci retracements, and trend channel analysis. Here’s a summary of the key observations: Key Technical Observations: Elliott Wave Analysis: The chart follows a five-wave impulse pattern. Wave 3 appears to be reaching its peak, while wave 4 is anticipated to correct before wave 5 extends further. Fibonacci Levels: Key...

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Technical Summary: Elliott Wave Structure: The chart suggests an ongoing impulse wave (Wave 3 in green) after completing Wave 2 correction. Future projections indicate the completion of Wave 5 around 15,543 as a 1.618 Fibonacci extension. Support & Resistance Levels: Strong Support: 5,718.60 (highlighted in green) – a crucial support area. 5,292.75 (Fibonacci...

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Technical Summary: Trend Channel & Current Price Position: The price is moving within an upward-sloping channel. Currently, it is testing the lower trendline support, which is critical for further movement. Fibonacci Retracement Levels: 0.382 level at 1,196.30 – a common retracement support. 0.5 level at 1,252.15 – another key retracement zone. 1.618 extension...

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Technical Summary: Elliott Wave Structure: The stock is currently in Wave 4 correction after completing Wave 3. A Wave 5 uptrend is expected once the correction is complete. Fibonacci Retracement: 0.5 level (~533.25) and 0.382 level (~605.00) are key retracement zones. The price is near the 514.65 support, a critical zone for a reversal. RSI Analysis: RSI is at...

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This chart represents the weekly price action of Jindal Stainless Ltd. (NSE) with an Elliott Wave analysis and Fibonacci retracement levels. Here's a summary of the key observations: Technical Analysis Summary: Elliott Wave Structure: The stock appears to be in a corrective Wave 4 after completing an impulsive Wave 3. A potential Wave 5 uptrend is anticipated,...

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Chart Analysis & Summary: Stock Overview: Stock: Bhagyanagar India Ltd (NSE) Current Price: ₹71.60 Change: -₹3.47 (-4.62%) Timeframe: Weekly (1W) Technical Levels & Fibonacci Retracement: Resistance & Highs: Recent high at ₹163.30. Another key level around ₹128.89. Fibonacci Levels: 0.5 retracement at ₹81.19. 0.618 retracement at ₹70.16 (a critical support...

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Chart Analysis & Summary: Stock Overview: Stock: Bhagyanagar India Ltd (NSE) Current Price: ₹71.60 Change: -₹3.47 (-4.62%) Timeframe: Weekly (1W) Technical Levels & Fibonacci Retracement: Resistance & Highs: Recent high at ₹163.30. Another key level around ₹128.89. Fibonacci Levels: 0.5 retracement at ₹81.19. 0.618 retracement at ₹70.16 (a critical support...

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Key Observations: Chart Patterns: A cup-and-handle formation is visible, indicating a bullish continuation pattern. A wave structure (likely Elliott Wave) is drawn, showing a Wave 5 target at 259.50 INR. Support & Resistance: Support Zone: 125-135 INR (marked as a buying opportunity). Stop Loss (SL): 111 INR. Resistance Levels: 164.05 INR (1.618 Fibonacci...