Petronet Technical View
š Weekly Chart
⢠Taking support on major EMA
⢠Holding strong at the key 61.8% Fibonacci retracement from the bottom
š Daily Chart
⢠Highest volume in 8 months ā strong accumulation signal
ā” Technical Takeaway:
Price action & volume indicateā¦
šØ #AsianPaints : From Glory to Worry!
š Down -24% from highsācould retest COVID 2020 levels near ā¹1,500!
When blue chips break structure, they can fall HARD. Respect the pattern!
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#Nifty50#StocksToWatch#StocksToBuy
šØ Big Update for RSI Family! šØ
Weāve launched a new page @rsialphanews š
š¹ Purpose: Purely for Daily Financial News & Market Updates
š¹ From policy moves to company news ā all quick, crisp & reliable.
š Follow @rsialphanews now & never miss an important financial update.ā¦
š Nifty Consumer Durables
š» Long-term rising channel support
Channel break suggests weakness, but watch for any reclaim above 38,000 to invalidate bearish view. Let price action decide the next move.
Top Holdings at Risk:
š„ #Titan Company (33.3%) ā”#Dixon Tech (16.6%)
šā¦
š #Nifty500: Pullback Then Breakdown
š£ļø Likely pullback toward 23,060
š» Neckline resistance near 23,200 ā rejection to resume downtrend
Prepare for a classic ārally-and-dropā play. Trade the pullback, then short the failure!
#Nifty50#StocksToWatch#StocksToBuy
āļø #gmrairport : Time for Turbulence Ahead?
š Descending Triangle consolidation since early 2024
ā³ Price & Time Correction both pointing to ā¹62-65 zone
Expect more sideways chop or deeper correction before next major move!
#Nifty50#StockMarketIndia#StocksToBuy
š» #Coforge Ltd.: Long Consolidation Phase Ahead
š³ ABC Correction in progress since 2024 highs
ā° Extended sideways movement expected
Price stuck in ā¹1,200-ā¹1,900 rangeāpatience required for next breakout direction!
#Nifty50#Niftyit#StocksToBuy
š #TCS: Coiling for the Next Leg!
š¹ Long-Term Trendline: Bounced off Novā16āMarā20 up
ā³ Time & Price Correction: Extended consolidation since 2024 highs
Expect more sideways chop or mild pullback before resolution.
#Nifty#StocksToWatch#Niftyit
Chart Alert ā RBL Bank (Monthly)
A massive inverted Head & Shoulder is in formation on the monthly chart.
If price breaks out above the neckline, it could trigger multi-year upside with big targets ahead. š
ā” Strong base. Strong volumes.
ā” Pattern of long-term trendā¦
šļø Prestige Estates ā 4H Chart View
Price is moving inside a well-defined downward channel, now testing the lower support zone near ā¹1,500.
š A decisive break below this zone could invite deeper correction.
š Holding the channel base may trigger a short-term pullback towardsā¦
š #NiftyMetal Weekly Analysis
š“ Shooting Star at resistance
š Triple Top Formation: June, Oct, Sep 2024 all rejecting same zone as discussed earlier.
šÆ Major Resistance: 10,200-10,400 acting as strong ceiling
#Nifty#StockMarketIndia
š #NiftyMetal Weekly Analysis
š“ Shooting Star at resistance
š Triple Top Formation: June, Oct, Sep 2024 all rejecting same zone as discussed earlier.
šÆ Major Resistance: 10,200-10,400 acting as strong ceiling
#Nifty#StockMarketIndia https://t.co/i51KawAB1G
ā ļø #Nifty50 Index
š“ Double bottom breakout failed near major resistance
š RSI showing negative divergence, suggesting caution
Both bulls and bears should watch support levels closely losing could trigger further weakness. Trade with discipline and keep stops tight!
#Niftyā¦
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