debjit62

debjit62

AARTIIND is showing a potential short-term bullish reversal after a prolonged decline, supported by RSI momentum, moving average crossover, and rising volume. A breakout above ₹486 could give a further rally toward ₹490+ Bullish Bias (If price sustains above ₹454): Target: ₹486 → ₹492 The push will take place once the price moves above the 50 SMA - ₹474. Two cross...

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Uptrend Post-March 2025 The US Tariff news, though causing a temporary dip, didn’t break the trendline, indicating strong buying interest on dips. Event-Driven Dips US Tariff News (Early April): Caused a sharp red candle, but was quickly bought into, forming a bullish pattern — often a sign of trend continuation. Iraq/Iran Conflict (Early June): Another dip...

debjit62

The Nifty 50 is consolidating in a tight range just below the key psychological resistance at 25,130. The price action has shown multiple attempts to breach this level, indicating selling pressure on rallies. However, strong buying support exists around ₹24,470. Recent volume is moderate and slightly declining, indicating a lack of conviction on both sides. Bias:...

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What to Watch Next: Support Test at ₹21,732: If broken, the next downside could test ~₹21,250 or even ₹20,900 levels. Pullback to ₹22,800 area: Likely to act as resistance — good zone to consider shorting again if reversal seen. Strategy Ideas (Not Financial Advice): Short-term traders: Watch for a pullback to short near ₹22,700–22,800. Stop-loss just above...

debjit62

1. Price Action and Trend Lines: The stock price is in a downtrend, with a visible downward-sloping trendline that could act as resistance in the future. There’s a horizontal support level near 1285, around where the price currently is. This could serve as a potential level for a bounce if buyers step in at this level. The blue arrows on the chart seem to indicate...

debjit62

The 4-hour chart shows a Bullish Belt Hold candle, which is a sign of a bullish reversal. Wait for the Monday Blues. Light is visible at the end of the downward tunnel. Diwali might not be so bleak after all. Patience is the Key!

debjit62

The falling wedge is a clear indication of the market getting ready for a bullish reversal. The doji is indicating indecison. All you have to do is wait. If you have booked your losses don't worry, wait for the breakaway from the Resistance.

debjit62

The overbought position shows Nifty is getting ready for some correction. The monthly chart RSI is alarming. Are we looking for a 24600 support, before Nifty jumps again? Just keep your calm, don't get greedy, and watch out for the drop. Trade responsibly.

debjit62

The trendline is diverging, which shows the volatility prevailing. Wait for the breakout at the support. This is a reversal pattern and keep your fingers crossed.

debjit62

The drop was evident and the support should hold. Check my previous idea and you will know. Those into Futures should hold onto whatever you have, if you are into long

debjit62 Updated 

The Resistance is evident and so is the divergent trend line. Check the support time coinciding with the election results. Short-sell Nifty Futures on the horizon.

debjit62

The Convergence is visible. Watch the higher highs in the Price movement and higher lows in the RSI. The Resistance is there to be broken, a Long buy is evident. Breaching the support is a dream unless we have some scam waiting to happen.