A person who knew how to make people’s life better
A person who knew how to make innovations
A person who was loved by everyone
A person who was always there for our country in any bad situations
A hero for a common man and an inspiration for all entrepreneurs ❤️
True Gem
RIP Ratan Naval Tata (1937 - 2024)
After 2 weeks :
Update on Lupin Chart study : still hovering near upper edge of round bottom pattern.
Beautiful pattern with round bottom breakout at the verge
Double bottom bo was given in January 2024
Now completed round bottom
Time frame : Monthly
Which means mid term to long term looks good to watch it.
Name : Lupin
Sector : Pharma
Pattern : Round bottom
Chart is purely for study purposes about the candlesticks pattern 👍
This study did go well and witnessed bullish sentiments
Hope the logical explanations are point to point and helped you in chart learnings 🙏🏻🙏🏻
Banknifty daily tf chart
Took support at trendline
If you see now it is making double bottom (W pattern) and gap is also there on top
Analyse yourself and try to make a wise decision as per your self analysis
Analysts are expecting that every year around 50M pilgrims would visit Ayodhya.
This is big.
Below 2 sectors will be highly benefited :
Hotels (resort + tourism management + parking management)
Travel (airline and railway)
Find out the companies who are actively working in these sectors there and analyse yourself before take any decision. 🙂
Bears and call Shorters may panic when banknifty start sustaining above 46100
Just my understanding.
Let’s see
Short covering is a threat to bears.
Watching banknifty chart
Nifty made new all time high today
Banknifty still 1000pts below from last all time high.
Hdfcbank
Kotakbank
These 2 leading private banks have given almost 0 returns from 2021 high. (3 years )
When do you think the blood of these banks boil ? 🙂
Happy New Year to Our lovely Safe Traders Family ❤️
We hope that 2024 brings more prosperity in your lives ❤️
Hanging man pattern reversal seen in Bajfin
Hope study helped in understanding another pattern
After 2 weeks :
Heromotocorp
Today all time high made by Heromoto : 5984
Calculate the upside percentage move from trendline breakout.
Chart patterns are beautiful if we understand it and keep close eyes on studies.
Exiting the channel in a style In daily chart frame
Name : Heromoto
Sector : Auto
Pattern : channel breakout+ trendline bo
As it’s a daily chart frame, it’s good to watch it for short to mid term.
If you see closely , it has already moved good when it broke the channel, this shows that candlesticks patterns are powerful.
This chart is purely for study purposes about the candlesticks patterns.
Elections results have upset the market
Initial few days instability in govt may not be liked by markets further.
All depends on alliances now to run the govt which was not expected by investors.
Black day for investors. It was pure bloodbath in all sectors.
All the best for coming days 👍
Take decisions wisely.
BankNifty Chart study
Daily tf
Multiple bottoms
Higher Highs and Higher lows Pattern
If sustain above trendline then bulls may have upper hand.
Analyse yourself and study 👍
Today’s market session witnessed the highest single day fall in mid and small cap from past 1 year
Читать полностью…If you see this chart now
You will know importance of trendline
Perfectly took bounce from crucial support trendline
Find updated chart below 👍
Banknifty Weekly chart study
Near crucial support
Trendline is important to watch
Analyse it yourself 👍
Jai Shree Ram
A very big day is going to be added in history of our country.
#22jan2024
May lord Rama bless us and show us light in our bad times 🙏🏻🙏🏻
Everyday : It has fallen very much from last few days , should recover now.
Next day : New low formed
#hdfcbank
Every Bank these days :
Before quarterly results : up or stable
After announcing quarterly results : FALL (doesn’t matter what’s the number in balance sheet)
ICICI results on weekend 😁
Interesting Fact :
Exchange charges (STT+ Transaction charges etc) for options trading is approx 3-4 times of that for futures trading.
Example : if you trade in options with turnover of 1Lac rs , total exchange charges will be around 150rs
while same for futures trading would come around 45rs only.
Indian market all time high
January month always been a volatile month for markets every year. Check the history and be cautious and calm this coming Month.
Advance Happy New Year to All Members ❤️