165th ChartBook

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Chart Source- Tradingview.com

Indices Charts

Nifty-

Nifty finally trading with indecisive movement and now the price is trading between the support and resistance zone, we can see some more consolidation between the 17600 to 16800 levels range. Now if the Price breaks the 17600 level we can see some major upside in the chart and the price can move towards the fresh high after the breakout now if the price is able to break the 16800 support level we can see some major fall in the price after the breakdown towards the 16400 to 16000 levels. 

Nifty Bank-

Nifty Bank chart moving perfectly as per our wave but now we need additional confirmation for a bounce from the B point. Yes, price is trading between the range 39000 to 36700 levels, and now if price break the 39000 level and sustain above this we can see some major upside towards the 41000-48300 levels in coming days with the help of 37500 support level on the chart and now if price not able to move upside and if price break the 36500 level we can see some more consolidation between the 37300 to 34000 levels between the Rectangle Range. 

Nifty IT-

Nifty IT moving downside and now price break the Rectangle pattern and now price is falling with strong price pattern, but Nifty IT trying to do the last attempt here and now if the price break the 35000 level we can see some strength in the price and if price fails to reverse and now if the price break the 33000 level and sustains below this we can see some major fall int eh price with the help of 35000 resistance level on the chart. 

Nifty Metal-

Nifty Metal daily chart trading between the Rectangle Pattern and price trading at middle line and we can see some more consolidation between the Rectangle Range, 5900 to 4900 levels, and now if price break the 5900 level and sustain above this we can see some strong upside in the chart and if price breaks the 4900 support level we can see some major downside in the chart. 

Nifty Auto-

The Nifty Auto daily chart is trading near the major resistance level or multi-year resistance, now if the price break the 12000 level and sustains above this we can see some major upside towards the 12500-13000-13500 levels post-breakout, and if the price fails to break the 12000 resistance level we can see some more consolidation here between the small consolidation range 10400 to 12000 levels. 

Nifty Energy-

Nifty Energy’s daily chart is trading at a resistance level and now price is consolidating here and now if price breaks the 24500 level and sustains here above this we can see some major upside in the chart and price can move towards the 26000-28000 levels in coming days with the help of 24000 support level. 

Nifty Energy’s chart, if fails to break the resistance out we can see some consolidation between the 25000 to 23800 range. 

Breakout Charts

Nippon Liam Limited (NAM_INDIA)-

NIppon Liam Limited daily chart trading at Major Horizontal Supportn level and now price is taking support at lower support with strong volume and price is forming the candlestick pattern, now if price break the 340 level and sustain above this we can see some major upside towards the 380 to 440 levels in coming days with the help of 320 support level on the chart. 

Nippon Liam if fails to bounce from support and now if price breaks the 310 level we can see some strong downside on the chart. 

Coromandel Internation Limited (COROMANDEL)-

Coromandel 4H Chart trading in inverted head and shoulder pattern and now price if break the 810 level we will have a fresh breakout in the chart and stock can move towards the 850 to 890 levels post-breakout with the help of 760 support level on the chart. 

Coromandel if fails to break the resistance and trading below the resistance we can see some more consolidation between the 810 to 700 levels in the chart. 

Bata India Limited (BATAINDIA)-

Bata India looking great here and the price is trading to break the resistance level and now if the price breaks the 2100 level we can see some major bounce towards the 2175-2250 levels in the coming days and the 2250 level will decide the future of the stock and if price break the 2250 level and sustain above this we can see some major upside on the chart. 

Bata India fails to break the resistance and sustain below this we can see some more consolidation between the 2100 to 1825 levels. 

Laurus Labs Limited (LAURUSLABS)-

Laurus Labs Limited trading at major horizontal support and price is formed the bullish engulfing here and now if price break the 500 level and sustains here above this we can see some major upside towards the 560 to 620 levels in coming days with the help of 460 support level on the chart. 

Laurus Labs daily chart if fails to bounce here and price break the 440 level we can see some major fall in the price. 

Breakdown Charts

Gujarat Gas Limited (GUJGASLTD)-

Gujarat Gas Limited Daily chart trading between the Rectangle Pattern and now price started consolidating near the resistance level and now if price breaks the 673 level and sustains below this we can see some fall towards the 640-600 levels in coming days with the help of 720 resistance level on the chart. 

Gujarat Gas if fails to break the support and break the resistance and sustains above the 720 level we can see some major upside in the chart. 

ICICI Bank Limited (ICICIBANK)-

Icici Bank Limited daily chart trading between the Rectangle pattern and now price trying to fall with strong speed as price formed the bearish engulfing pattern inside the pattern, now price can move towards the 740-710 levels in coming days with the help 810 resistance level on the chart. 

Cholamandalam Limited (CHOLAFIN)-

Cholamandalam is trading near the major horizontal resistance level and now the price is consolidated here and now if the price breaks the 620 level and sustains below this we can see a fresh breakdown in the chart and stock can move towards the 570-520 levels in the coming days with the help of 670 resistance level on the chart. 

Cholamandalam daily chart if fails to reverse from here and if price breaks the 670 level and sustain abvoe this we can see some major upside in the chart. 

HDFC Life Insurance Limited (HDFCLIFE)-

HDFC Life daily chart trading between the Rectangle Pattern and now price is trading at the support level and now if price breaks the 610 level and sustain below this we can see some major downside towards the 590 to 560 levels in coming days with the help of 630 resistance level on the chart. 

HDFC Life daily chart if fails to break the support and trade above the Rectangle Support we can see more consolidating between the Rectangle pattern. 

HCL Technologies Limited (HCLTECH)-

Hcltech daily chart has given a breakdown in the Double Top pattern and the price is trading below the support level with Gravestone Doji, now stock can move towards the 1000 to 960 levels in the coming days with the help of 1120 resistance level on the chart. 

HCL Tech daily chart if fails to move downside and if price breaks the 1130 level and sustain above this we can see some major upside in the chart. 

Cash Charts

HT Media Limited (HTMEDIA)-

Ht Media daily chart trading between the Cup and handle pattern and now price is trying to bounce here with strong volume and price, now if the price break the 35.00 level and sustains above this we can see some major upside towards the 48-64 levels in coming days with the help of 26 support level on the chart. 

HT Media if, fails to break the resistance and trade below resistance we can see more consolidation between the 20 to 35 range. 

Orient Bell Limited (ORIENTBELL)-

Orient Bell Limited daily chart breaks the Curve Pattern and now the price is moving upside with strong volume with strong price, now Orient Bell can move towards the 530/600 levels in the coming days with the help of the 420 support level on the chart. 

Orient Bell daily chart if fails to move upside and if price break the 420 level and sustain below this we can see some downside and stock can move towards the 380-340 levels. 

Nava Bharat Venture Limited (NBVENTURES)-

NBVENTURES daily chart has given breakout in the Pennant Pattern and now price is moving upside with strong volume and price, now stock can move towards the 150 to 180 levels in coming days with the help of 110-100 support level on the chart. 

NbVentures if fails to move upside and if pricec break the 100 level we can see some fall in the price with the help of 140 resistance level. 

GIC Housing Finance Limited (GICHSGFIN)-

GICHSGFIN daily chart trading between the Ascending Channel Pattern and now price is trading to bounce from the support with strong volume and price, now if stock able to break the 175 level and sustain above this we can see some major upside towards the 200-230 levels in coming days with the help of 140 support level on the chart. 

GICHSGFIN daily chart if fails to move upside and if price breaks the 140 level we can see some major fall in the price with the help of 175 resistance level on the chart. 

Gujarat Sidhee Cement Limited (GSCLCEMENT)-

GSCLCEMENT daily chart trading between the Descending Channel pattern and now if price breaks the 52 levels and sustain above this we can see some major upside towards the 60 to 66 levels in coming days with the help of 44 support level. 

GSCLCEMENT daily chart if fails to break the resistance we can see more consolidation between the 50 to 36 levels in the range. 

Advani Hotel Limited (ADVANIHOTR)-

Advani Hotel Weekly chart trading near the major horizontal resistance level and now if price breaks the 88 levels and sustains above this we can see some major upside towards the 130-150 levels in coming days with the help of 72 support level on the chart. 

Advani Hotel daily chart if fails to break the resistance we can see more consolidation between 68 to 88 levels. 

Charts to Watch

LIC Housing Finance Limited (LICHSGFIN)-

Lichsgfin in daily chart bounce from the support and still price not able to break the fresh resistance at 400 level, and now if price able to sustain above the 400 level we can see some major upside towards the 480-540 levels in coming days with the help of 360 support level on the chart and if price not able to break the resistance we can see some more consolidation between the 400 to 340 levels, and now if price break the 340 level and sustain below this we can see some major downside on the chart. 

TVS Motor Co. Limited (TVSMOTOR)-

TVS Motor’s daily chart formed the inverted cup and handle pattern and now if the price breaks the 580 level and sustains below this we can see some major fall in the chart and the price can move towards the 520 to 500 levels on the chart. 

TVS Motor’s daily chart fails to break the support and now if the price breaks the 660 level we can see some major bounce in the chart and stock can move towards the 740-800 levels towards the upside. 

Cummins India Limited (CUMMINSIND)-

Cumminsind daily chart trading between the Ascending Channel Pattern and price is bouncing from the support after forming bullish Engulfing pattern and now price can move towards the 1000-1100 levels in coming days with the help of 900 support level on the chart, and if price breaks the 900/850 level and sustain below this we can see some major downside on the chart. 

Indian Rail Tour Corporation Limited (IRCTC)-

IRCTC daily chart trading between the Rectangle Pattern and now price is trying to bounce from support and now if price breaks the 920 level we will have a fresh breakout in the chart and now if price breaks the 780 level and sustain below this we can see some fall in the chart.

Bank of Baroda Limited (BANKBARODA)-

Bank Of Baroda daily chart trading in the inverted head and shoulder pattern and price is trading near the resistance level if price breaks the 110 level and sustain above this we can see some major upside towards the 130 to 150 level post-breakout with the help of 90 support level on the chart. 

If Bank of baroda fails to break the 1100 level and trade below this we can see some consolidation between the 80 to 110 levels. 

Commodity Charts

Copper-

Copper Daily chart trading between the Rectangle Pattern and now price trying to reverse from the middle line with strong bearish formation, now price can move towards the 710 to 690 levels in coming days with the help of 750 resistance level on the chart. 

Coppert daily chart not able to move downside and if price breaks the 760 level we can see some major bounce in the chart. 

Silver-

Silver daily chart trading between the Rectangle pattern and now price is trading near the lower line and now the price will try to hold 6000 support level and we can see some bounce from this level and consolidation between the 66000 to 58000 levels. 

Silver daily chart if break the 58000 level and sustain below this we can see some major downside towards the 54000-50000 levels and if price break the 66000 level we can see some major upside in the chart. 

Lead-

Lead Daily chart trading between the Rectangle pattern and price is trading between this range with strong formation, now if price break the 192 level and sustain above this we can see some major upside on the chart and if price break the 180 level and sustain below this we can see some major downside on the chart.