BlogChartBook136th ChartBook

136th ChartBook

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

Indices Charts

Nifty-

Nifty Daily Chart trading in the Ascending Channel pattern and now index consolidating between the Rectangle Pattern and now if index break 16000 level and sustain above this we can see some major upside on chart pattern and now if index break 15300 level and sustain below this we can see some major downside on the chart pattern. 

Nifty Bank-

Nifty Bank daily chart trading in the Cup and Handle pattern and yesterday index has formed bullish Marubozu pattern and now if index break 35600 level and sustain above this we can see some major upside towards 36400/37200 in coming days and if index failed to breakout and sustain below 34300 levels we can see some downside on the chart pattern. 

Nifty IT-

Nifty IT daily chart moving upside as per rectangle pattern and index moved 27000 levels and now index trading at 29300 levels and still index looking good here we can see more upside on the chart pattern. The index has support near 28000 level and index break this we can possibly see rectangle breakout retest level again. 

Nifty Metal-

Nifty Metal daily chart trading in a consolidation range and now index took support near 5000 levels and index formed Dragonfly Doji at support and index taking support here and now index can move towards 5500 levels. 5500 level will decide the future of stock and now if Index breaks the 5500 levels and sustain above this we can see some major upside in Pole and Flag pattern. 

Nifty Auto-

Nifty Auto daily chart trading in Cup and Handle pattern and still trading below the breakout level, if stock break 11000-11100 level and sustain above this we can see some major upside on chart pattern with strong support at 10400-10300 level. 
Nifty Auto daily chart if break 10300 level and sustain below this we can see some fall in the index and our Cup and Handle Pattern will not work perfectly.  

Nifty Media-

Nifty Media daily chart trading outside or breakout in Rectangle Pattern, but index facing the resistance at 1930 level and index facing resistance here near this level, and now consolidating here in range. if Nifty Media able to break the 1920 level we will see the next Breakout in Nifty Media. 

F&O Breakout Charts

Eicher Motors-

Eicher Motors daily chart trading in Symmetrical Triangle Pattern/Pennant Pattern, but volume is missing inside pattern and now if stock break 2760 level and sustain above this we can see some major upside towards 2850/2960 levels as per chart pattern with Symmetrical Triangle support at 2680 level. 

Escorts-

Escorts daily chart took strong support in Horizontal Support at 1075 level and now stock trading in Ascending Channel pattern and now the stock has formed Bullish Engulfing pattern and now stock can move towards 1240/1265 levels in coming days with the help of 1160 support level. 

Havells India-

Havells daily chart trading in Rectangle pattern and now stock has formed Dragonfly Doji at support and now consolidating at support and now if stock break 1011 level and sustain above this we can see upside towards 1050/1080 levels in coming days and if stock break 970 level, this will be outside the rectangle and we will see inverted breakout in chart which will favour bearish. 

ICICI BANK-

ICICIBANK daily chart trading in Cup and Handle pattern and currently stock has given breakout in Descending Channel pattern with strong Candlestick Formation and now possibly stock may move towards new high 677 level and this will be breakout level for Cup and Handle pattern. If stock able to break that level out, we can see major and strong upside as Cup and Handle pattern at ATH is a Deadly combination. 

Apollo Hospitals-

Apollohosp daily chart trading in Rectangle pattern and now stock has formed strong bullish candlestick with strong volume formation and this possibly will lead to new and strong breakout towards 3600/3800 levels in coming days, support is near 3200 levels on Rectangle pattern. 

NAVIN FLUORINE-

NAVINFLUOR daily chart trading in Curve pattern and now finally stock formed huge Candlestick after the consolidating at Curve base and now stock will possibly breakout the 3680 level and we can see some major upside toward 4K. Curve support is near 3400 level as per pattern. 

MFSL-

MFSL daily chart has given breakout in Pole and Flag pattern and now stock can move towards 1180/1220 levels in coming days with the help of 1040 support level on the chart. 

F&O Breakdown Charts

BATAINDIA-

BATA INDIA daily chart trading near resistance level and now stock consolidating at the resistance level and now if stock break 1620 level and sustain below this we can see some major downside towards 1580/1540 levels in coming days. 

Berger Paint-

Berger Paint daily chart trading at Rising Wedge pattern and now if stock break 800 level and sustain below this we can see some major fall towards 790/770 levels in coming days with the help of 825 resistance level on chart. 

Colgate Palm-

Colpal daily chart trading in Ascending Channel pattern and now the stock has consolidated near resistance level with rectangle pattern and now if stock break 1650/1645 level and sustain below this we can see some major downside towards 1590/1540 which is Ascending Channel support level on the chart. 

Hindustan Unilever-

Hindunilvr daily chart trading in Ascending Triangle Pattern and now stock trading at the horizontal resistance level and now stock formed dark cloud resistance level and now stock can move towards the support line of Ascending Triangle Pattern. 

Jubilant Foodworks-

Jublfood Daily chart trading in Ascending Channel pattern and now stock took resistance at the middle line of Ascending Channel pattern and reversing from that level and stock can move towards 3000 level which is Ascending Channel Support line and this level will decide that future of stock. 

Cash Breakout Charts

AllCargo Logistics-

Allcargo Logistics Weekly chart trading above breakout in Cup and handle pattern with Strong volume spike with bullish candlestick formation on chart, now stock can move towards 195/225 levels in coming days with the help of 145 level on the chart. 

FOSECO INDIA-

Fosecoind weekly chart has given breakout in the Horizontal resistance line and confirms by huge volume buildup with a bullish candlestick, now stock can move towards the base resistance line of possible Curve pattern at 2340 level. Support in stock near 1300 level.

Shoppers Stop –

Shoppers Stop daily chart trading in Cup and handle pattern and yesterday stock has formed huge volume in the chart and formed bullish candlestick at resistance level if stock break 265 level and sustain above this we can see some major upside towards 320/380 levels in coming days, support is near 220 level as consolidation were at that level before this movement. 

Skipper Ltd –

Skipper’s weekly chart has given breakout in Cup and handles pattern with volume and bullish candlestick formation on the chart and now stock can move towards next resistance line 140/260 in coming days. Support in support is near the 57/65 level. 

Ebixcash World Money –

Ebixforex weekly chart trading at breakout level and now stock again forming a bullish pattern at support level with some volume spike, stock can move towards 790-950 levels which are next resistance levels in the chart. 

Charts to Watch-

CUB –

CUB daily chart trading in Symmetrical Triangle Pattern and now stock trading at the resistance level and stock formed Doji pattern here and this is the reason we can’t go predict for bullish side and now if stock break 178 level and sustain above this we can see some major upside as per symmetrical triangle pattern. 

Gangessecu –

Gangessecu weekly chart trading in an uptrend and now stock trading at support level with strong volume with strong candlestick pattern and now stock can move towards 110/130 levels as per chart and stock has support near 70.00 level. 

Uttam Sugar Mills –

Uttam Sugar Mills monthly chart at Cup and handle pattern with strong volume and strong candlestick pattern, now stock can move towards next resistance level 340/425 level. 

Alphageo India –

Alphageo India trading above breakout level and now stock consolidating above breakout level and now a pole and flag pattern with consolidation and now stock can move towards 340/390 levels in coming days, support is near 265.00 level. 

Lotus Eye Hospital-

Lotus Eye Hospital’s monthly chart formed a cup and handle pattern and now stock can move towards the strong upside and now stock can move towards 80/90 levels soon, the stock has support at 38.00 level. 

Selan Exploration-

Selan weekly chart trading at the resistance level and now if stock break 180 level and sustain above this we can see some major upside on the chart, we can see movement towards 235/270 levels, support is near 160/140 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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