BlogDaily Learnings02. Daily Charts

02. 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 Daily Charts Blog 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. L&T Finance Holding (L&TFH)- 

L&TFH daily chart reverses from 75 levels after the bullish engulfing pattern, and now price moving upside again after consolidating at 82 to 84 level with multiple dojis patterns. Now Price may possibly move towards the 89-96 levels in coming days according to chart with the help of 84-83 support near level. 

03. L&T Technology Service (LTTS)

LTTS daily chart again given fresh breakout in the Pole and Flag pattern after small consolidation with strong candlestick pattern and strong price. Now price maybe move towards the 4800-5000 levels in the coming days and price support is near the flag’s lower level at 4280 levels. 

04. Indusind Bank Ltd  (INDUSINDBK)-

Indusind Bank daily chart trading between the rectangle pattern and now price moving upside with strong candlestick and price, now stock may move towards the 1060 level and after this stock able to break the 1060 level and sustain above this we can see some major upside towards the 1100-1150 levels in coming days. 

Indusind currently trading between the rectangle pattern and the price may continue to consolidate between the 1060 to 965 levels. 

05.  Kellton Tech Solution (KELLTONTECH) –

Kelltontech daily chart bounce from strong support zone from 40 to 50 level and now price bounce from support with strong volume and candlestick. Price may be moving towards the 59 to 70 levels in coming days according to chart with the help of 45.00 support level on the chart. 

06. Saksoft Ltd (Saksoft)-

Saksoft daily chart given fresh breakout in the ascending triangle pattern with strong volume and candlestick, now price may move towards the 1070-1120 levels in coming days with the help of 925-930 support level on the chart. 

07. Galaxy Surf (Galaxysurf)-

Galaxysurf daily chart given breakout in the rectangle pattern with strong volume and price, but price face some profit booking from 3575 levels and now if price able to break 3575 levels and sustain abvoe this we can see movement towards the 4000-4200 levels. The stock currently has support near 3300 level which is a recent resistance level of rectangle pattern and now this is support level for price. 

08. Solar Industries (SOLARIND)-

Solarind daily chart given breakout in the Pole and flag pattern, with strong volume and the strong candlestick. Price always moved according to chart and still price trading upside and price may continue to move upside as this is confirming by the volume and price. The price maybe towards the 2300-2600 levels and support is near 1800 level which is breakout level. 

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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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