TheChartereds

TheChartereds

The chart is self-explanatory as always. The price has followed the textbook price action of Breakdown, Retest and continuation. 750 acted as a support previously, Once it was broken, It was retested and failed to cross over. The price has now given a breakdown of the wedge pattern. It will be interesting to watch if it reverses from here trapping sellers. Or...

TheChartereds

The chart is self-explanatory as always. The price is at a crucial juncture. The 1250 level is holding up for now. If it drops with a good volume, We may see some down move to the previous swing level. The question is, Will it bounce back?? Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a...

TheChartereds

The chart is self-Explanatory as always :) Here’s a quick summary: - The Price stayed in a range for about 8 months followed by a strong breakout - The psychological level of 2,000 was breached after a short consolidation which is a positive - The chart was shared in the learning community just yesterday. Check the signature column below to join the...

TheChartereds

The chart speaks for itself, as always. Here’s a quick summary: - The price has broken the recent support zone with significant volume. - Both psychological levels at ₹1,000 and ₹750 have been breached. - Price is below all the swing WEMAs - The price now seems to be heading toward the ₹500 level. - You can now access our structured charts for all...

TheChartereds

The chart is pretty self-explanatory as always. Here are some pointer's for those who love to read: 1. Consolidation Breakdown: The stock was trading in a long consolidation range (highlighted by the blue and green boxes) for months. The breakdown from this range has triggered a sharp bearish move. 2. Support Zone: The previous demand zone near ₹800-₹850...

TheChartereds Updated 

🚨This is my outlook on #Nifty. 🎯No Head and Shoulders pattern for me. 🎯 We have just now reached the EMA21. That is routine, Nothing unusual. 🎯 We are at a support line now. Will it hold? Let's watch 🎯 24,000 is an ultimatum support which IMO should hold. But again time will tell. 🎯 You can now access our structured charts for all Nifty 500 companies. Check the...

TheChartereds

What IPOs like Ola and First Cry have taught us is that, 1. Short-term is a game of speculation. Price moves with the gamble. 2. It is the Fundamental SWOTs of a company that guides its long-term. Well, We will just have to wait and watch if the stock goes below the issue price of 465. Or will it bounce from the 500 level.. Disclaimer: This analysis is for...

TheChartereds

🔻The chart is self-explanatory as always. Here are some pointers for easy understanding. 🔻 Current price at ₹45,490 is near 100 WEMA, acting as a potential strong support 🔻 The recent 7.85% drop is linked to weaker Q2 2024 results, with a decline in sales, EBITDA, net profit, and EPS. 🔻 You can now access all our structured charts for all Nifty 500...

TheChartereds

📊 TEJASNET Weekly Chart Update The chart is pretty self-explanatory as always, but here are some key observations worth noting: 1. 📈 The stock was in a mad uptrend throughout most of 2024, rallying to ₹1,500. 2. 🔄 After that, it entered a pullback phase and has been consolidating since. 3. 📉 We're currently sitting at a crucial multiple support zone, which...

TheChartereds

Magic Waiting to Happen: Bandhan Bank's Weekly Chart Overview - The downtrend line since 2020 has been a key resistance level. - ₹250 and ₹200 have served as a consolidating range's upper and lower boundaries. - You can now access our structured charts for all Nifty 500 companies . Check the signature column below for more info. - Recent base formation...

TheChartereds

As always, the chart is easy to read and understand. Here are a couple of highlights for this case study: Observed a strong breakout with a long candle, currently in a retest phase. Recent price action shows a clear buyer bias. Key support levels are holding at 892 and 864. The 21-weekly EMA provides additional support. Volume spiked significantly...

TheChartereds

This stock has been trading within a range for what feels like an eternity. The recent range consolidation lasted about 8 months, creating a strong base. However, we're finally seeing some action as the price has broken out of this prolonged range with a massive green candle, accompanied by significant volume—indicating strong buying interest. Key Highlights: ...

TheChartereds

🎯 The chart is self-explanatory as always! But here are some good to know pointers: Symmetric Triangle Contraction Pattern The stock has been range-bound for a while Currently above all SWING EMAs Bajaj Housing Finance IPO may boost Bajaj Finance for shareholder quota Watch the 7500 level —previously a strong supply zone ATH is just 12%...

TheChartereds

This idea builds on our previous analysis, which you can review here: ● The chart says it all! 🚀 ● We've got a beautiful All Time High breakout 💥 ● The breakout candle is strong with high volume 📈 ● Plus, it marks a solid close above the 500 mark 🔥 ● Definitely a stock to keep on your radar! 👀 ⚠️Disclaimer: We are not registered advisors. The views...

TheChartereds Updated 

The chart is self-explanatory as always :) ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too...

TheChartereds Updated 

🎯 The chart is self-explanatory as always. 🎯 We have a huge volume breakout. 🎯 We also have a sidelong 1000 mark breakout. 🎯 Something good seems to be happening here. Note that we still have Friday to close the breakout weekly. ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language...

TheChartereds Updated 

The chart is self-explanatory as always :) ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too...

TheChartereds Updated 

This is one important case study as to why investors lose money in the stock market. Now if you look at the chart, Here is what you see: 1. 32 Months of pure range-bound consolidation 2. Clearly defined support and resistance zones 3. Five months of consolidation at the resistance zone 4. A beautiful high-volume breakout followed by a...