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01 Daily Charts

Disclaimer

Mr. Chartist is solely dedicated to learning the financial market. Our objective is to improve financial literacy. Since we are practicing Technical Analysis on a personal level we will be providing chart-based study in our weekly Chartbook for educational purposes only. User’s of this website are expected not to misread it directly or indirectly as any buy/sell recommendations. We are not SEBI Registered Investment Advisor & Research Analyst.

Please consider the Risk involved in equity markets. We do not take any responsibility for your profit or loss.​

Chart Source- Tradingview.com

01. Nifty-

Nifty daily chart trading with small candlestick patterns, and now price is trading between the Rectangle Pattern and now price showing some indecisive candlestick patterns here. if Price breaks the 17500 levels and sustains above this we can see some major upside according to the chart with the help of 17200 support and 17300 levels. 

The nifty daily chart is indecisive here and price consolidating here, now if Nifty Break the 17200 levels and sustain below this we can see some major downside towards the 16800-16600 levels according to the chart. 

02. Aarti Industry (Aartiind)- 

Aarti Industry daily chart trading in the Ascending Channel Pattern and now price took support at the lower horizontal and diagonal support line. Now price bounce with strong volume and strong candlestick pattern now. If the price is able to sustain here above 930 level we can see movement towards the middle resistance line towards the 980 to 1020 levels as per the chart. The stock has support near the 900 level which is diagonal as well as horizontal support for the stock price. 

03. Astral Ltd (Astral)

Astral Ltd daily chart trading in the Ascending Channel pattern and now price bounce with strong volume from the diagonal support level. Now if the price is able to break the horizontal resistance level and sustain above this we can see some major bounce here towards the 2295-2400 levels according to the chart. Astral daily chart if not able to break the resistance we can see more consolidation between the 2145 to 2000 levels and if price break the 2000 level and sustain below this we can see some major downside on chart after the breakdown. 

04. Indraprastha Gas Ltd (IGL)-

IGL daily chart has given breakout in the Rectangle Pattern with strong candlestick pattern, with strong volume. Now price may move towards the 650-700 levels according to the chart pattern with the help of 575 support levels on the chart. 

IGL daily chart if now able to sustain above this 560 level and sustain below this we can see more consolidation between the 580 to 490 levels. 

05. Advanced Enzyme (ADVENZYMES) –

Advenzymes daily chart took support near the Diagonal Support and now price bounce from support with strong volume, and now price facing some profit booking from 425 level and now if price breaks the 425 level and sustain above this we can see some major upside towards the 460 to 520 levels according to chart with the help of 380 support level. 

Advenzymes daily chart if not able to move upside and now price if break the 355 level and sustain below this we can see some major downside according to chart. 

06. Ramco Industries Ltd (RAMCOIND)-

Ramco Industries daily chart trading in the Ascending Channel pattern and now price taking support near the line. Price bounce with strong volume and price, now price may move towards the upper resistance level of channel pattern according to chart. 

07. DB Realty Ltd (DBREALTY)-

Stock weekly chart trading in the Inverted Head and shoulder pattern and now if stock able to close above 31 levels we can see a fresh breakout with strong volume. After breakout stock may move towards the 50 to 75 levels which is possible resistance levels of the chart. The stock has support near 20-23 level. 

08. Krebs Bio-Chemical and Industry (KREBSBIO)-

Weekly chart of stock trading at Restest level of Cup and handle pattern and now price bounce with strong movement, but volume is missing from price, so if stock able to break the 162 level and sustain above this we can see an additional confirmation and after this, we can see price movement towards the 190-205 levels according to chart. 

09. Granules India (Granules)

Granules daily chart trading between the rectangle pattern and currently price moving downside slowly and now if price able to break 320 level we can see a possible move towards the 300 level and if price break 300 level and sustain below this we can see major movement towards the downside. Stock has resistance near 340-350 levels according to current price movement. 

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Disclaimer

Mr. Chartist is solely dedicated to learning the financial market. Our objective is to improve financial literacy. Since we are practicing Technical Analysis on a personal level we will be providing chart-based study in our weekly Chartbook for educational purposes only.

Users of this website are expected to consider this as a blog only for Learning/Education and not to misread it directly or indirectly as any buy/sell recommendations.

We are not SEBI Registered Investment Advisor & Research Analyst.

Please consider the Risk involved in equity markets. We do not take any responsibility for your profit or loss.​

Chart Source– Tradingview.com

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