darwas121

darwas121

The chart represents the Nifty 50 Index (NSE) on a daily (1D) timeframe. Here are key observations and insights: Current Market Analysis (Price: 23,688.65) • Resistance Levels: • 23,791.40: Immediate resistance. • 24,552.15: Strong resistance zone. • 25,126.85: Key upper resistance. • 27,090.40: Major long-term resistance. • Support Levels: • 23,366.80:...

darwas121

This Bitcoin price chart displays a comprehensive technical analysis with various indicators, Fibonacci retracement levels, trend lines, and potential price targets. Here’s a detailed breakdown: Key Observations 1. Price Action and Trend • The chart shows Bitcoin’s price movement within a long-term ascending channel (marked by two blue trend lines). • The...

darwas121

The chart you’ve shared is a technical analysis of the Nifty 50 Index on a daily timeframe, providing a mix of Fibonacci retracement levels, trendlines, and key support and resistance zones. Here are the main technical details observed: 1. Fibonacci Levels: • Multiple Fibonacci retracement levels are drawn, marking potential support and resistance zones. • The...

darwas121

This chart is a technical analysis of Silver Futures (MCX) on a daily timeframe. Here are some key technical insights: 1. Price Channels: The chart has two primary trend channels, one in blue (upward sloping) and another in red. These channels suggest that the price is moving within a rising trend, with the blue channel indicating a broader trend and the red...

darwas121

NIFTY50 can test 23185. retesting bprevious breakout levels , this can act as support otherwise 20850 is major support

darwas121

RIL has made its channel support bottom side, now it should go upside , fresh entries can be made

darwas121

**Nifty 50 Index Technical Analysis - June 2024** The Nifty 50 index closed at **₹23,632.20** on June 18, 2024, showing a modest gain of 0.32%. The technical outlook for Nifty indicates a critical juncture, with a potential for both further upside and downside risks. ### **Technical Patterns and Indicators:** #### **Price Channels:** - **Ascending Channel:**...

darwas121

**IRCON International Ltd (NSE: IRCON)** is currently experiencing a retracement from its recent high of ₹301.45, down 1.84% to ₹268.90. The stock is testing support around ₹266.68 (23.6% Fibonacci level) within a long-term ascending channel. Key resistance levels are ₹301.45 and above, with support at ₹226.68. The RSI indicates potential further...